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CITY · 2010 ACS

Greenwood

Minnesota · 688 residents · 0.359 sq mi
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The short version

Greenwood is significantly wealthier than the US average, with a median household income of $130,417. Population has declined 6% since 2000. 68% of adults hold a bachelor's degree or higher, well above the national rate of 28%. Median home value has more than doubled since 2000, reaching $822,400. With a median age of 49.8, the population is older than the US median of 37.2. Households here earn about 128% more than the Minnesota median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 49.8
US median: 37.2
More educated
68% hold a bachelor's degree
US average: 28%
Less affordable
home values up 69%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
688
−6%since 2000
from 729 in 2000
2000 – 2025
Population density
1,916 / sq mi
−6%since 2000
from 2,031 / sq mi in 2000
US average: 261
Median age
49.8
+17%since 2000
from 42.4 in 2000
US average: 37.2
Population, 2000 – 2024
6236687147608052000201020202024Greenwood
2024699
2000201020202024
Section 02

Income & economy

Median household income
$130,417
Unchangedinflation adjusted, since 2000
from $102,719 in 2000
US average: $52,703
2000 – 2024
Per capita income
$99,650
+58%since 2000
from $63,200 in 2000
US average: $27,286
Households earning $100K+
71.7%
−4.2 ptssince 2009
from 75.8% in 2009
US average: 33.3%
Poverty rate
1.7%
+0.9 ptssince 2000
from 0.8% in 2000
US average: 13.8%
Income inequality (Gini)
0.498
US average: 0.461
Workforce by industry, 2010
Other services16.4%
US avg: 7%
Public administration14.1%
US avg: 4.9%
Information10.9%
US avg: 11.5%
Retail trade6.5%
US avg: 10.9%
Transportation & warehousing6.2%
US avg: 3.1%
Finance & insurance4.4%
US avg: 5.1%
Wholesale trade4.1%
US avg: 7.2%
Professional, scientific, technical3.2%
US avg: 4.2%
Education & health services1.2%
US avg: 0.9%
Arts, entertainment, food1.2%
US avg: 2.4%
Agriculture, forestry, fishing0%
US avg: 1.9%
Construction0%
US avg: 1.4%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$822,400
+69%inflation adjusted, since 2000
from $384,200 in 2000
US average: $225,659
2000 – 2024
Median gross rent
$1,125
+3%inflation adjusted, since 2000
from $861 in 2000
US average: $853
Owner-occupied
65.5%
−25.4 ptssince 2000
from 90.9% in 2000
13.4% rent
Vacancy rate
10.2%
−0.3 ptssince 2009
from 10.5% in 2009
US average: 12.1%
Owner cost-burdened
34.0%
+3.3 ptssince 2009
from 30.7% in 2009
US average: 30.9%
Renter cost-burdened
20.5%
+0.1 ptssince 2009
from 20.5% in 2009
US average: 46.8%
Afford Score
6.3
+69%since 2000
from 3.7 in 2000
2000 – 2024
RELATED:See current rent listings in Greenwood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.9%(699)
Black0.7%(5)
Hispanic / Latino2.5%(18)
Asian0.5%(4)
Other0%
Diversity Score9%(66)
2010
White, non-Hispanic93.9%(646)
Black0.6%(4)
Hispanic / Latino2%(14)
Asian1.9%(13)
Other0.6%(4)
Diversity Score12.5%(86)
Diversity Score
12
+38%since 2000
from 9 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
68.4%
+7.8 ptssince 2000
from 60.6% in 2000
US average: 27.9%
High school or higher
100.0%
+0.8 ptssince 2000
from 99.2% in 2000
US average: 84.9%
Graduate degree
22.6%
+1.7 ptssince 2000
from 20.9% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
23.7 min
+56%since 2000
from 15.2 min in 2000
US average: 25.2
Drive alone to work
80.2%
−1.1 ptssince 2009
from 81.3% in 2009
US average: 76.2%
Carpooled to work
3.4%
+1.0 ptssince 2009
from 2.4% in 2009
US average: 10.4%
Public transit
2.2%
+1.4 ptssince 2009
from 0.8% in 2009
US average: 4.7%
Worked from home
9.3%
−4.1 ptssince 2009
from 13.3% in 2009
US average: 4.1%
Walked to work
2.2%
+1.1 ptssince 2009
from 1.1% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
7.0%
−0.9 ptssince 2009
from 7.9% in 2009
US average: 12.9%
Management & professional
54.3%
−22.0 ptssince 2009
from 76.2% in 2009
US average: 35.2%
Section 08

People & community

Male
48.1%
−0.2 ptssince 2009
from 48.3% in 2009
Female
51.9%
+0.2 ptssince 2009
from 51.7% in 2009
Foreign born
2.9%
+0.2 ptssince 2009
from 2.7% in 2009
US average: 12.8%
Veterans
14.6%
−35.0 ptssince 2009
from 49.6% in 2009
US average: 9.9%
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Frequently asked

How many people live in Greenwood, Minnesota?

Greenwood, Minnesota has about 688 residents according to the 2010 American Community Survey.

What is the median household income in Greenwood, Minnesota?

The typical household in Greenwood, Minnesota earns about $130,417 a year. Half of households make more than that, and half make less.

Is Greenwood, Minnesota expensive?

In Greenwood, Minnesota, the median home is worth about $822,400, and the typical rent is about $1,125 a month.

How educated are people in Greenwood, Minnesota?

About 68.4% of adults age 25 and over in Greenwood, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Greenwood, Minnesota?

About 1.7% of people in Greenwood, Minnesota live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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