Greenwood
Greenwood city, Indiana
Greenwood, Indiana, offers a compelling blend of small-town charm and big-city convenience, making it a hidden gem for those seeking affordability and a balanced lifestyle. With a population of over 63,000, Greenwood boasts a median home value of just $226,500, significantly below the national average. This affordability, coupled with a median household income of around $75,398, positions Greenwood as an attractive option for families and young professionals alike. The city's relaxed atmosphere, friendly community, and a growing number of local businesses create a welcoming environment where residents can thrive without the pressures of a high-cost urban existence.
From an investment perspective, Greenwood's housing market is solid and stable, offering excellent value for property owners. The city's commitment to public safety and its strategic location near Indianapolis, just a short drive away, further enhances its appeal. Greenwood is particularly well-suited for families looking for quality schools and a safe environment, as well as for those seeking a more affordable cost of living without sacrificing access to amenities and employment opportunities. Whether you're a first-time homebuyer, a growing family, or an investor looking for a promising market, Greenwood offers a compelling proposition.
Greenwood, Indiana at a Glance
Greenwood is a city in Greenwood city, Indiana with a population of approximately 63,579. The median home value is $226,500 and the median household income is $75,398. It has a Walk Score of 47 out of 100, indicating car dependency. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively High." Median rent is $1,013 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$226,500
Median Income
$75,398
Population
63,579
Walk Score
47
Air Quality
AQI 24
Good
Climate Risk
Relatively High
Good
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- Population
- 63,579
- Median Age
- N/A
- Median Household Income
- $75,398
Near nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 6.9%
44% below nat'l avg
- Median Home Value
- $226,500
20% below nat'l avg
- Median Rent
- $1,013
13% below nat'l avg
- Homeownership Rate
- 35.0%
47% below nat'l avg
- Affordability Index
- 159
59% above nat'l avg
- Violent Crime Rate
- N/A
- Property Crime Rate
- N/A
- AQI
- 24
43% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively High
- Risk Score
- 84.70
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 9.1¢/kWh
45% below nat'l avg
- Est. Monthly Electric
- $82
40% below nat'l avg
- Unemployment Rate
- 3.2%
14% below nat'l avg
- Poverty Rate
- 6.9%
44% below nat'l avg
Weather & Climate in Greenwood
Avg High
63°F
Avg Low
46°F
Annual Rainfall
43"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Marion County county-level presidential election data
Culture & Things to Do in Greenwood
Greenwood Freedom Festival
Annual festival featuring a parade, live music, food vendors, and fireworks.
Greenwood Farmers Market
Weekly market offering fresh produce, local goods, and artisan crafts.
Greenwood Summer Concert Series
Free outdoor concerts held throughout the summer months.
Greenwood Fall Festival
A family-friendly festival with crafts, food, and entertainment.
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