Greenwood Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Greenwood, Missouri? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Greenwood, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Greenwood is $103,560.00.

The chart below shows the average household income by age in Greenwood.

  • Under 25
    $0.00
  • 25 to 44
    $113,538.00
  • 45 to 64
    $113,004.00
  • 65 and over
    $91,032.00

Average Household Income

A very commonly asked question is "what is the average household income in Greenwood, Missouri?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Greenwood is $118,499.00.

10.45% of households in Greenwood, Missouri are classed as high income households (making $200,000+ per year).

The difference between a median and an average income

The difference between a median and mean household income is that the median income is the middle point of the set of numbers whereas the mean income is an average of all numbers.

Both metrics are important when looking at the income statistics for Greenwood but because the median value doesn't depend on other numbers in the dataset, it doesn't change as much when some of the values are extremely low or extremely high.

Household Income Tiers for Greenwood

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Greenwood, Missouri easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

  • Less than $24,999
    3.24%
  • $25,000 to $49,999
    6.25%
  • $50,000 to $74,999
    16.52%
  • $75,000 to $99,999
    20.72%
  • $100,000 to $149,999
    28.80%
  • $150,000 to $199,999
    14.01%
  • $200,000 or more
    10.45%

Per Capita Income

The per capita income is the average income of all people in Greenwood, Missouri. This is calculated by dividing the total income of all people in Greenwood by the total number of people in Greenwood.

It differs from the average or mean household income because it includes all people in Greenwood and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Greenwood, Missouri is $43,074.00.

Population in Greenwood by Race and Ethnicity

The total population in Greenwood is currently 6,038 people.

The race and ethnicity of the population in Greenwood can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Greenwood, Missouri.

  • 0.30% White
    16
  • 95.70% Black/African American
    5,777
  • 86.10% Native
    5,201
  • 5.90% Hispanic
    354
  • 3.60% Asian
    215
  • 0.10% Hawaiian/Pacific Islander
    4
  • 0.00% Two or more races
    0
  • 0.70% Other
    43

Population of Greenwood by Age and Gender

Another very important demographics statistic for Greenwood, Missouri is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Age Group Male Female
0 to 9 Years 472 312
10 to 19 Years 408 358
20 to 29 Years 318 289
30 to 39 Years 569 463
40 to 49 Years 525 645
50 to 59 Years 469 406
60 to 69 Years 229 237
70 Years and over 167 171

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Greenwood, Missouri.

  • Master's degree or higher
    12.56%
  • Bachelor's degree
    36.23%
  • Some college or associate's degree
    19.51%
  • High school diploma or equivalent
    31.26%
  • Less than high school diploma
    0.44%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Greenwood because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Greenwood look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Greenwood, Missouri that are over the age of 16.

The current population in Greenwood that are over the age of 16 is 4,835 people.

The unemployment rate in Greenwood is 1.50%, which means 55 people are unemployed.

Median Age in Greenwood

The median age is an interesting metric because it gives us an idea of the age distribution of people in Greenwood, Missouri. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Greenwood is 37 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Greenwood

37

Total

36

Male

40.4

Female

Households and Families

There are a total of 2,191 households in Greenwood, and the average household size is 2.75 people.

For families, the total number is 1,952, and the average family size is 2.82 people.

0.60% of those families in Greenwood, Missouri are living below the poverty line.

The table below shows the poverty thresholds for Greenwood in .

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Please note that the poverty thresholds shown above are from , while the latest demographics data we have is from 2022.

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

  • Married-couple
  • Male householder, no spouse present
  • Female householder, no spouse present
  • Nonfamily household

In the table below, you can see the total households and families in Greenwood, Missouri for each type, as well as the average sizes.

Married Male Female Nonfamily
Total Households 1,525 129 298 239
Average Household Size 2.87 2.86 3.2 1.34
Total Families 1,525 129 298 0
Average Household Size 2.87 2.24 2.81 0

Housing Data in Greenwood

There are total of 2,191 housing units in Greenwood, Missouri. Of those units, 2,191 (100.00%) are occupied, and 0 (0.00%) are vacant.

Rental Rates

Of the 2,191 housing units in Greenwood, 219 (10.00%) are occupied by renters. The median rent paid by renters is $1,689.00.

Owner occupied housing units make up the remaining 88.77% of housing units, with 1,945 housing units in total.

The table below breaks down how much rent is paid by renters in Greenwood, Missouri.

  • No rent paid
    27
  • Less than $500
    0
  • $500 to $999
    27
  • $1,000 to $1,499
    44
  • $1,500 to $1,999
    102
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    46
  • $3,000 or more
    0

Property Values

The median value of a property in Greenwood is $246,300.00.

The table below breaks down the range of valuations for all properties in Greenwood.

  • Less than $50,000
    91
  • $50,000 to $99,999
    49
  • $100,000 to $149,999
    96
  • $150,000 to $199,999
    184
  • $200,000 to $299,999
    992
  • $300,000 to $499,999
    436
  • $500,000 to $999,999
    97
  • $1,000,000 or more
    0

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Greenwood, Missouri.

  • 1939 or earlier
    37
  • 1940 to 1949
    0
  • 1950 to 1959
    50
  • 1960 to 1969
    121
  • 1970 to 1979
    116
  • 1980 to 1989
    243
  • 1990 to 1999
    1,013
  • 2000 to 2009
    297
  • 2010 to 2013
    277
  • 2014 or later
    37

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Greenwood has. The table below breaks down the number of vehicles available per household.

  • No vehicles available
    16
  • 1 vehicle available
    203
  • 2 vehicles available
    1,323
  • 3 or more vehicles available
    649

Commuting to Work in Greenwood

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Greenwood, Missouri, how they commute, and how that correlates to other data points.

The average travel time is 26.8 minutes, and the chart below covers the range of travel times across the population of Greenwood.

  • Less than 5 minutes
    16
  • 5 to 9 minutes
    468
  • 10 to 14 minutes
    260
  • 15 to 19 minutes
    363
  • 20 to 24 minutes
    458
  • 25 to 29 minutes
    190
  • 30 to 34 minutes
    535
  • 35 to 39 minutes
    103
  • 40 to 44 minutes
    261
  • 45 to 59 minutes
    332
  • 60 to 89 minutes
    119
  • 90 or more minutes
    45

We can also look at the means of transport in Greenwood to see which modes of transport people are using to commute to work.

  • Drove alone
    2,633
  • Carpooled
    121
  • Public transportation
    27
  • Walked
    16
  • Other means
    353
  • Worked from home
    432

Conclusion

Hopefully this article has given you the demographics data you were looking for in Greenwood, Missouri.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Greenwood.

Link To or Reference This Page

We spent a lot of time downloading, cleaning, merging, and formatting the data that is shown on the site.

If you found the data or information on this page useful in your research, please use the tool below to properly cite or reference Name Census as the source. We appreciate your support!

  • "Greenwood Average Income, Population and Demographics". NameCensus.com. Accessed on March 29, 2024. https://namecensus.com/demographics/indiana/johnson-county/greenwood/.

  • "Greenwood Average Income, Population and Demographics". NameCensus.com, https://namecensus.com/demographics/indiana/johnson-county/greenwood/. Accessed 29 March, 2024

  • Greenwood Average Income, Population and Demographics. NameCensus.com. Retrieved from https://namecensus.com/demographics/indiana/johnson-county/greenwood/.