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The total population of Greenwood is estimated to be 742 with 384 males (51.75%) and 358 females (48.25%). There are 26 less females than males in Greenwood.
The median household income in Greenwood was $186,457 in 2021, which marked an a decrease of 21,758(10.45%) from $208,215 in 2020. This income is 249.92% 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 $261,446. Overall, the median household income for the city of Greenwood stands at $186,457.
In Greenwood, the median income for all workers aged 15 years and older, regardless of work hours, was $113,664 for males and $67,718 for females. However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $72,286 for females, while data for males was unavailable due to an insufficient number of sample observations.
In Greenwood, population is primarily represented by White households, reporting a median income of $186,457.
In 2022, the population of Greenwood was 712, a 1.11% decrease year-by-year from 2021. Previously, in 2021, Greenwood's population was 720, a decline of 1.23% compared to a population of 729 in 2020.
The median age in Greenwood, MN is 51.5, as per 2021 ACS 5-Year Estimates. Of the total population, 12.98% were under the age of 15, 16.80% aged 15 to 29, 53.83% aged 30 to 64, 13.52% aged 65 to 84, and 2.87% were 85 years of age and older.
Racial distribution of Greenwood population: 97.95% are White, 0.55% are Black or African American, 0.14% are Asian and 1.37% are multiracial.