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The total population of Greenwood is estimated to be 713 with 385 males (54.00%) and 328 females (46.00%). There are 57 less females than males in Greenwood.
The median household income in Greenwood was $49,992 in 2021, which marked an an increase of 3,032(6.46%) from $46,960 in 2020. This income is 67.01% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Greenwood sees its highest median household income among householders in the age group of 65 years and over old, at $57,423. Overall, the median household income for the town of Greenwood stands at $49,992.
In Greenwood, the median income for all workers aged 15 years and older, regardless of work hours, was $29,050 for males and $31,887 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $38,411 for males and $33,467 for females.
In Greenwood, there are just two different racial groups among households. Among these, White households report a median household income of $55,397, while Black or African American households have a median household income of $42,635.
In 2022, the population of Greenwood was 547, a 0.37% increase year-by-year from 2021. Previously, in 2021, Greenwood's population was 545, an increase of 1.49% compared to a population of 537 in 2020.
The median age in Greenwood, FL is 39.1, as per 2021 ACS 5-Year Estimates. Of the total population, 18.48% were under the age of 15, 22.37% aged 15 to 29, 45.22% aged 30 to 64, 12.97% aged 65 to 84, and 0.97% were 85 years of age and older.
Racial distribution of Greenwood population: 60.13% are White, 34.36% are Black or African American and 5.51% are multiracial.