Greenwood, IN
Population 64,237 · Indiana
About Greenwood, IN
Greenwood is a mid-sized city in Indiana with a population of 64,237 residents. The median household income is $78,765 per year, which is above the national average. The median age in Greenwood is 36.4 years.
Housing in Greenwood has a median home value of $248,700 and median monthly rent of $1,252. Of the 27,251 total housing units, the majority are owner-occupied, with 15,705 owner-occupied and 10,068 renter-occupied units.
The unemployment rate in Greenwood is 2.5% and the poverty rate is 7.1%. 31.0% of residents hold a bachelor's degree or higher. The average commute time is 24.7 minutes.
How Greenwood Ranks in Indiana
Cost of Living in Greenwood, IN
Compared to national averages, Greenwood has a median household income of $78,765 (5% above the national median of $75,149). Home values average $248,700, which is 2% above the national median. Monthly rent at $1,252 is 8% above the US average of $1,163. Within Indiana, Greenwood's income is 14% above the state average of $69,330, and home values are 52% above the state median of $163,409.
Why Live in Greenwood, IN?
Greenwood offers a strong local economy with a median household income of $78,765, well above the national average, and a strong job market with an unemployment rate of just 2.5%, and a low poverty rate of 7.1%, better than the national average. Additionally, the city features short commute times averaging just 24.7 minutes.
Greenwood has a population of 64,237 with a median age of 36.4 years. Compare Greenwood with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Greenwood
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Muncie | 64,739 | $43,395 | $92,000 | Compare |
| Gary | 68,604 | $37,380 | $85,300 | Compare |
| Kokomo | 59,375 | $54,195 | $126,500 | Compare |
| Terre Haute | 58,491 | $41,960 | $109,500 | Compare |
| Lafayette | 70,650 | $52,946 | $157,600 | Compare |
| Noblesville | 71,940 | $102,319 | $321,800 | Compare |
| Anderson | 54,930 | $47,221 | $104,300 | Compare |
| Elkhart | 53,726 | $47,885 | $126,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
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, IN?
The population of Greenwood, IN is 64,237 according to the latest Census data.
What is the median household income in Greenwood?
The median household income in Greenwood, IN is $78,765 per year.
What is the median home value in Greenwood?
The median home value in Greenwood, IN is $248,700.
What is the average rent in Greenwood?
The median monthly rent in Greenwood, IN is $1,252.
What is the unemployment rate in Greenwood?
The unemployment rate in Greenwood, IN is 2.5%.