Population 954 · Census ACS 2020–24
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Population and households in Greenwood
Household size in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1.90 | 2.58 | 2.52 | 2.68 |
| 2010–14 | 2.04 | 2.61 | 2.54 | 2.73 |
| 2015–19 | 2.09 | 2.63 | 2.55 | 2.71 |
| 2020–24 | 2.52 | 2.58 | 2.52 | 2.65 |
| Change | +0.61 | −0.00 | +0.00 | −0.03 |
The average household in Greenwood has 2.52 people, a bit under the U.S. average of 2.65. That is in line with the rest of the Minneapolis area. Since 2006–10, household size has climbed from 1.90, but in a place this small, survey estimates can swing a lot from one release to the next.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 46.6 | 36.8 | 37.9 | 37.7 |
| 2010–14 | 48.5 | 37.8 | 38.9 | 38.6 |
| 2015–19 | 48.0 | 38.6 | 39.6 | 39.6 |
| 2020–24 | 48.7 | 39.2 | 40.0 | 40.1 |
| Change | +2.0 | +2.5 | +2.1 | +2.3 |
With a median age of 48.7, Greenwood is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 5.6% | 10.2% | 9.9% | 12.3% |
| 2010–14 | 7.4% | 10.6% | 10.2% | 12.3% |
| 2015–19 | 7.5% | 9.9% | 9.7% | 11.6% |
| 2020–24 | 5.4% | 9.8% | 9.6% | 11.6% |
| Change | −0.2 pts | −0.4 pts | −0.3 pts | −0.6 pts |
Single parents head only 5.4% of households in Greenwood, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Greenwood
Renters in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 49.9% | 27.3% | 25.8% | 33.3% |
| 2010–14 | 49.3% | 29.6% | 27.9% | 35.6% |
| 2015–19 | 53.8% | 30.0% | 28.4% | 36.0% |
| 2020–24 | 23.7% | 29.3% | 27.8% | 34.8% |
| Change | −26.2 pts | +2.0 pts | +2.0 pts | +1.5 pts |
Only 23.7% of households in Greenwood rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 30.0% have no mortgage at all, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 9.4% | 7.0% | 9.2% | 11.4% |
| 2010–14 | 8.3% | 6.2% | 9.0% | 11.4% |
| 2015–19 | 9.2% | 5.5% | 8.7% | 11.1% |
| 2020–24 | 19.3% | 5.7% | 8.3% | 9.6% |
| Change | +9.9 pts | −1.3 pts | −0.9 pts | −1.8 pts |
Vacant homes make up 19.3% of the housing in Greenwood, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 1965 | 1975 | 1973 | 1974 |
| 2010–14 | 1971 | 1976 | 1974 | 1975 |
| 2015–19 | 1972 | 1977 | 1975 | 1977 |
| 2020–24 | 1980 | 1980 | 1978 | 1980 |
| Change | +15 | +4 | +5 | +6 |
Homes in Greenwood are the same age as the nation's housing: the median home was built in 1980.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | $764 | $1,007 | $882 | $965 |
| 2010–14 | $764 | $1,077 | $953 | $1,040 |
| 2015–19 | $970 | $1,258 | $1,099 | $1,213 |
| 2020–24 | $1,687 | $1,603 | $1,404 | $1,571 |
| Change | +$923 | +$597 | +$522 | +$606 |
A typical rental in Greenwood costs $1,687 a month with utilities, above the national median of $1,571. Rent takes 42.9% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Greenwood
Bachelor's degrees in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 44.8% | 37.2% | 32.1% | 28.4% |
| 2010–14 | 48.3% | 39.1% | 33.7% | 29.6% |
| 2015–19 | 55.5% | 41.8% | 36.2% | 32.1% |
| 2020–24 | 74.8% | 45.4% | 39.6% | 35.6% |
| Change | +30.0 pts | +8.1 pts | +7.4 pts | +7.2 pts |
College graduates are unusually common in Greenwood: 74.8% of adults 25 and older have a bachelor's degree or higher, against 35.6% nationally. Education tends to track local incomes and the kinds of jobs nearby.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 95.2% | 92.4% | 91.4% | 84.9% |
| 2010–14 | 96.9% | 92.9% | 92.2% | 86.1% |
| 2015–19 | 97.0% | 93.5% | 93.0% | 87.7% |
| 2020–24 | 98.9% | 94.0% | 93.7% | 89.3% |
| Change | +3.7 pts | +1.6 pts | +2.3 pts | +4.3 pts |
Finishing high school is nearly universal in Greenwood: 98.9% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Greenwood
| Period | Greenwood | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|---|
| 2006–10 | 4.0% | 6.7% | 6.5% | 8.1% |
| 2010–14 | 5.9% | 6.8% | 6.5% | 9.4% |
| 2015–19 | 4.1% | 3.6% | 3.7% | 5.6% |
| 2020–24 | 1.2% | 4.0% | 4.1% | 5.4% |
| Change | −2.8 pts | −2.7 pts | −2.4 pts | −2.7 pts |
The job market in Greenwood has been strong: just 1.2% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Greenwood compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Greenwood | 2.52 | 48.7 | 5.4% | 23.7% | 19.3% | 1980 | $1,687 | 74.8% | 98.9% | 1.2% |
| Excelsior | 2.42 | 49.5 | 6.3% | 21.4% | 6.8% | 1982 | $1,601 | 68.1% | 98.9% | 3.6% |
| Shorewood | 2.67 | 46.9 | 6.7% | 4.9% | 4.8% | 1987 | $1,614 | 72.0% | 98.5% | 4.8% |
| Tonka Bay | 2.36 | 58.1 | 2.3% | 17.9% | 9.4% | 1981 | $2,199 | 62.5% | 99.8% | 9.0% |
| Deephaven | 2.47 | 49.5 | 5.7% | 11.0% | 8.1% | 1968 | $1,498 | 82.4% | 98.7% | 1.5% |
| Minnetonka Beach | 2.55 | 50.9 | 1.2% | 2.4% | 15.8% | 1955 | $1,283 | 77.0% | 98.7% | 1.0% |
| Woodland | 2.57 | 46.8 | 3.5% | 2.0% | 9.0% | 1979 | $1,718 | 83.8% | 99.7% | 4.3% |
| Chanhassen | 2.73 | 42.3 | 7.4% | 17.4% | 5.3% | 1993 | $1,799 | 63.7% | 96.8% | 3.1% |
| Spring Park | 1.45 | 57.0 | 5.1% | 75.1% | 7.7% | 1979 | $1,241 | 31.8% | 95.2% | 8.9% |
| Orono | 2.66 | 47.6 | 5.2% | 9.1% | 10.5% | 1984 | $2,082 | 71.9% | 99.8% | 2.8% |
| Minnetonka | 2.30 | 43.8 | 6.7% | 28.5% | 6.3% | 1977 | $1,783 | 65.4% | 98.1% | 3.1% |
All figures 2020–24.
Cities with similar populations: Roby, TX · Kinderlou, GA · Kneeland, WI · Knob Lick, KY · Lakewood, WI · Lakota, ND · Leakey, TX · Queen Anne, MD · Richelieu, KY · Ridgeland, WI
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Greenwood. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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