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    Greenwood

    Greenwood city, Arkansas

    Affordable
    About Greenwood

    Greenwood, Arkansas, offers a refreshing breath of affordability, a quality that's increasingly rare in today's real estate market. With a population just shy of 10,000, this charming town provides a close-knit community feel, far removed from the hustle of larger cities. The median home value here hovers around $163,900, a stark contrast to the national median, making homeownership a realistic goal for many. This affordability extends to the overall cost of living, allowing residents to enjoy a comfortable lifestyle without breaking the bank. Greenwood isn't just about saving money; it's about a lifestyle that prioritizes community and a slower pace of life, a perfect haven for those seeking a balance between convenience and tranquility.

    From an investment perspective, Greenwood presents a compelling opportunity. The median household income of $63,232 indicates a stable local economy, supporting a healthy housing market. The town's commitment to safety and community further enhances its appeal to families and individuals seeking a secure environment. Greenwood is ideally suited for first-time homebuyers, those seeking a more affordable retirement option, or investors looking for properties with strong potential for appreciation. Its small-town charm, combined with its affordability and sense of community, makes Greenwood a highly desirable location for those seeking a balanced, fulfilling lifestyle.

    Greenwood, Arkansas at a Glance

    Greenwood is a city in Greenwood city, Arkansas with a population of approximately 9,544. The median home value is $163,900 and the median household income is $63,232. It has a Walk Score of 2 out of 100, indicating car dependency. The violent crime rate is 5.6 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $769 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.

    Median Home Value

    $163,900

    Median Income

    $63,232

    Population

    9,544

    Walk Score

    2

    Air Quality

    AQI 40

    Good

    Climate Risk

    Relatively Moderate

    Kurby Score
    65
    B

    Good

    Walkability & Transit14/100
    Affordability88/100
    Safety95/100
    Economy70/100
    Environment40/100
    Education: Unavailable

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    Demographics
    Population
    9,544
    Median Age
    N/A
    Median Household Income
    $63,232

    15% below nat'l avg

    Bachelor's Degree+
    N/A
    Poverty Rate
    11.6%

    6% below nat'l avg

    Housing
    Median Home Value
    $163,900

    42% below nat'l avg

    Median Rent
    $769

    34% below nat'l avg

    Homeownership Rate
    77.0%

    17% above nat'l avg

    Affordability Index
    208

    108% above nat'l avg

    Safety
    Violent Crime Rate
    5.6 per 1K

    56% above nat'l avg

    Property Crime Rate
    25.1 per 1K

    32% above nat'l avg

    Livability
    Walk Score
    2 / 100

    96% below nat'l avg

    Transit Score
    N/A
    Bike Score
    26 / 100

    19% below nat'l avg

    Want a detailed report for a specific address in Greenwood?

    Air Quality
    AQI
    40

    5% below nat'l avg

    Category
    Good
    GoodModerateUnhealthy
    Climate Risk
    Overall Risk
    Relatively Moderate
    Risk Score
    79.29

    Top Hazards

    Tornado
    Very High
    Ice Storm
    Relatively High
    Strong Wind
    Relatively High
    Noise Levels
    Overall
    Quiet
    Road Traffic
    N/A
    Aviation
    N/A
    Rail
    N/A
    Utility Costs
    Electricity Rate
    12.3¢/kWh

    26% below nat'l avg

    Est. Monthly Electric
    $111

    19% below nat'l avg

    Employment
    Unemployment Rate
    3.3%

    11% below nat'l avg

    Poverty Rate
    11.6%

    6% below nat'l avg

    Political Landscape

    Political Leaning
    Strongly Republican
    DemocratRepublican

    → Politically stable

    Based on Faulkner County county-level presidential election data

    Presidential Election Results

    Culture & Things to Do in Greenwood

    Attractions & Landmarks
    🌳Greenwood City Park(park)
    📜Fort Smith National Historic Site(historic)
    🏛️Chaffee Barbershop Museum(museum)
    🌳Belle Point Park(park)
    🗽Greenwood Confederate Monument(monument)
    📜Sebastian County Courthouse(historic)
    Local Events & Festivals

    Greenwood Freedom Fest

    Annual Independence Day celebration with fireworks and festivities.

    Sebastian County Fair

    A county fair featuring agricultural exhibits, carnival rides, and entertainment.

    Greenwood Christmas Parade

    An annual parade celebrating the holiday season.

    Greenwood Fall Festival

    A fall festival with arts and crafts, food vendors, and live music.

    Things to Know Before Moving

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