Greenwood, MO
Population 6,000 · Missouri
About Greenwood, MO
Greenwood is a small town located in Missouri with a population of 6,000 residents according to the latest US Census Bureau American Community Survey data. The median household income is $104,638 per year, which is 39% above the national median of $75,149. The median age of 37.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Greenwood features a median home value of $263,300, which is 8% above the national median of $244,900. This positions Greenwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,679, 44% above the national average of $1,163/month. Of the 2,193 total housing units, 91% are owner-occupied (1,993 units) and 9% are renter-occupied (200 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Greenwood shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 2.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Greenwood have an average one-way commute time of 28 minutes.
Education & Demographics
36.3% of Greenwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 4.7% White, 1.1% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Greenwood, MO
Compared to national averages, Greenwood has a median household income of $104,638 (39% above the national median of $75,149). Home values average $263,300, which is 8% above the national median. Monthly rent at $1,679 is 44% above the US average of $1,163. Within Missouri, Greenwood's income is 71% above the state average of $61,047, and home values are 75% above the state median of $150,786.
Why Live in Greenwood, MO?
Greenwood offers a strong local economy with a median household income of $104,638, well above the national average, and a strong job market with an unemployment rate of just 1.4%, and a well-educated community where 36.3% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.6%, better than the national average.
Greenwood has a population of 6,000 with a median age of 37.3 years. Compare Greenwood with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Greenwood
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Richmond | 5,979 | $58,906 | $135,500 | Compare |
| Barnhart | 6,036 | $96,042 | $195,700 | Compare |
| Pevely | 6,037 | $64,660 | $203,700 | Compare |
| Battlefield | 6,095 | $87,414 | $207,100 | Compare |
| Glendale | 6,111 | $168,750 | $510,100 | Compare |
| Peculiar | 5,815 | $96,250 | $252,400 | Compare |
| Cottleville | 5,750 | $114,420 | $381,900 | Compare |
| Shrewsbury | 6,328 | $84,942 | $266,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Greenwood With Other Cities
Frequently Asked Questions about Greenwood
What is the population of Greenwood, MO?
The population of Greenwood, MO is 6,000 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Missouri.
What is the median household income in Greenwood?
The median household income in Greenwood, MO is $104,638 per year, which is 39% above the national median of $75,149.
What is the median home value in Greenwood?
The median home value in Greenwood, MO is $263,300, which is 8% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greenwood?
The median monthly rent in Greenwood, MO is $1,679, which is 44% above the national average of $1,163/month.
What is the unemployment rate in Greenwood?
The unemployment rate in Greenwood, MO is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Greenwood, MO a good place to live?
Greenwood offers above-average incomes, a competitive housing market, and a strong job market. With a population of 6,000 and a median age of 37.3, the city appeals to a broad range of residents.
How educated is Greenwood, MO?
36.3% of residents in Greenwood 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?
Key cost-of-living indicators for Greenwood, MO: median home value is $263,300 (8% above national), median rent is $1,679/month, and median household income is $104,638. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Greenwood?
The poverty rate in Greenwood, MO is 2.6%, 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, MO?
Greenwood's population is 4.7% White, 1.1% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 3.2% two or more races. 0.6% of residents are foreign-born.