Greenwood, AR
Population 9,570 · Arkansas
About Greenwood, AR
Greenwood is a small community in Arkansas with a population of 9,570 residents. The median household income is $65,745 per year, which is near the national average. The median age in Greenwood is 37.8 years.
Housing in Greenwood has a median home value of $177,300 and median monthly rent of $824. Of the 4,190 total housing units, the majority are owner-occupied, with 2,821 owner-occupied and 1,120 renter-occupied units.
The unemployment rate in Greenwood is 3.0% and the poverty rate is 12.3%. 28.3% of residents hold a bachelor's degree or higher. The average commute time is 27 minutes.
How Greenwood Ranks in Arkansas
Cost of Living in Greenwood, AR
Compared to national averages, Greenwood has a median household income of $65,745 (13% below the national median of $75,149). Home values average $177,300, which is 28% below the national median. Monthly rent at $824 is 29% below the US average of $1,163. Within Arkansas, Greenwood's income is 26% above the state average of $52,241, and home values are 41% above the state median of $125,457.
Why Live in Greenwood, AR?
Greenwood offers affordable housing with a median home value of $177,300, below the US average of $244,900, and rent that’s lower than the national average at $824/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features a low poverty rate of 12.3%, better than the national average.
Potential considerations include median household income ($65,745) that falls below the national average. However, Greenwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greenwood has a population of 9,570 with a median age of 37.8 years. Compare Greenwood with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Greenwood
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Clarksville | 9,500 | $37,848 | $159,700 | Compare |
| Helena-West Helena | 9,218 | $32,466 | $72,300 | Compare |
| Arkadelphia | 10,316 | $42,430 | $176,000 | Compare |
| Hope | 8,787 | $44,353 | $87,800 | Compare |
| Camden | 10,427 | $51,300 | $108,800 | Compare |
| Lowell | 10,438 | $92,986 | $260,100 | Compare |
| Beebe | 8,580 | $56,424 | $163,400 | Compare |
| Farmington | 8,469 | $88,541 | $249,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Greenwood
What is the population of Greenwood, AR?
The population of Greenwood, AR is 9,570 according to the latest Census data.
What is the median household income in Greenwood?
The median household income in Greenwood, AR is $65,745 per year.
What is the median home value in Greenwood?
The median home value in Greenwood, AR is $177,300.
What is the average rent in Greenwood?
The median monthly rent in Greenwood, AR is $824.
What is the unemployment rate in Greenwood?
The unemployment rate in Greenwood, AR is 3.0%.