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The total population of Greenwood is estimated to be 512 with 236 males (46.09%) and 276 females (53.91%). There are 40 more females than males in Greenwood.
The median household income in Greenwood was $108,992 in 2021, which marked an a decrease of 3,378(3.01%) from $112,370 in 2020. This income is 146.09% 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 45 to 64 years old, at $146,937. Overall, the median household income for the village of Greenwood stands at $108,992.
In Greenwood, the median income for all workers aged 15 years and older, regardless of work hours, was $54,046 for males and $29,725 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $114,847 for males and $59,225 for females.
In Greenwood, population is primarily represented by White households, reporting a median income of $101,336.
In 2022, the population of Greenwood was 317, a 0.94% decrease year-by-year from 2021. Previously, in 2021, Greenwood's population was 320, an increase of 0.31% compared to a population of 319 in 2020.
The median age in Greenwood, IL is 47.7, as per 2021 ACS 5-Year Estimates. Of the total population, 10.77% were under the age of 15, 14.75% aged 15 to 29, 49.41% aged 30 to 64, 24.12% aged 65 to 84, and 0.94% were 85 years of age and older.
Racial distribution of Greenwood population: 90.87% are White, 0.23% are Asian, 0.23% are some other race and 8.67% are multiracial.