Greenwood Village, CO
Population 15,485 · Colorado
About Greenwood Village, CO
Greenwood Village is a mid-sized city located in Colorado with a population of 15,485 residents according to the latest US Census Bureau American Community Survey data. The median household income is $145,781 per year, which is 94% above the national median of $75,149. The median age of 46.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Greenwood Village features a median home value of $1,213,300, which is 395% above the national median of $244,900. This places Greenwood Village in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,119, 82% above the national average of $1,163/month. Of the 6,869 total housing units, 64% are owner-occupied (4,167 units) and 36% are renter-occupied (2,352 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Greenwood Village shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Greenwood Village have an average one-way commute time of 21.3 minutes.
Education & Demographics
78.9% of Greenwood Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 4.6% White, 1.8% Hispanic or Latino, 0.2% Black or African American, and 2.0% Asian residents, with 15.6% of the population being foreign-born.
How Greenwood Village Ranks in Colorado
Cost of Living in Greenwood Village, CO
Compared to national averages, Greenwood Village has a median household income of $145,781 (94% above the national median of $75,149). Home values average $1,213,300, which is 395% above the national median. Monthly rent at $2,119 is 82% above the US average of $1,163. Within Colorado, Greenwood Village's income is 65% above the state average of $88,514, and home values are 165% above the state median of $457,127.
Why Live in Greenwood Village, CO?
Greenwood Village offers a strong local economy with a median household income of $145,781, well above the national average, and a strong job market with an unemployment rate of just 3.6%, and a well-educated community where 78.9% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.9%, better than the national average, and short commute times averaging just 21.3 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,213,300. However, Greenwood Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greenwood Village has a population of 15,485 with a median age of 46.2 years. Compare Greenwood Village with other cities to see how it stacks up, or explore all cities in Colorado.
Similar Cities Near Greenwood Village
Cities in Colorado with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Frederick | 15,893 | $135,316 | $529,800 | Compare |
| Welby | 16,232 | $78,375 | $347,700 | Compare |
| Black Forest | 14,658 | $142,173 | $805,200 | Compare |
| Federal Heights | 14,160 | $57,957 | $91,300 | Compare |
| Lone Tree | 14,136 | $125,699 | $819,800 | Compare |
| Cañon City | 17,098 | $66,068 | $275,300 | Compare |
| Firestone | 17,353 | $114,591 | $511,800 | Compare |
| Fruita | 13,578 | $77,680 | $361,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Colorado
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Greenwood Village With Other Cities
Frequently Asked Questions about Greenwood Village
What is the population of Greenwood Village, CO?
The population of Greenwood Village, CO is 15,485 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Colorado.
What is the median household income in Greenwood Village?
The median household income in Greenwood Village, CO is $145,781 per year, which is 94% above the national median of $75,149.
What is the median home value in Greenwood Village?
The median home value in Greenwood Village, CO is $1,213,300, which is 395% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greenwood Village?
The median monthly rent in Greenwood Village, CO is $2,119, which is 82% above the national average of $1,163/month.
What is the unemployment rate in Greenwood Village?
The unemployment rate in Greenwood Village, CO is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Greenwood Village, CO a good place to live?
Greenwood Village offers above-average incomes, a competitive housing market, and a strong job market. With a population of 15,485 and a median age of 46.2, the city appeals to established professionals and retirees.
How educated is Greenwood Village, CO?
78.9% of residents in Greenwood Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Greenwood Village?
Key cost-of-living indicators for Greenwood Village, CO: median home value is $1,213,300 (395% above national), median rent is $2,119/month, and median household income is $145,781. The home-value-to-income ratio is 8.3x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Greenwood Village?
The poverty rate in Greenwood Village, CO is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Greenwood Village, CO?
Greenwood Village's population is 4.6% White, 1.8% Hispanic or Latino, 0.2% Black or African American, 2.0% Asian, and 0.5% two or more races. 15.6% of residents are foreign-born.