Greenwood, NE
Population 511 · Nebraska
About Greenwood, NE
Greenwood is a small community in Nebraska with a population of 511 residents. The median household income is $99,000 per year, which is above the national average. The median age in Greenwood is 33.3 years.
Housing in Greenwood has a median home value of $169,200 and median monthly rent of $1,152. Of the 186 total housing units, the majority are owner-occupied, with 129 owner-occupied and 37 renter-occupied units.
The unemployment rate in Greenwood is 2.0% and the poverty rate is 18.0%. 21.1% of residents hold a bachelor's degree or higher. The average commute time is 26 minutes.
How Greenwood Ranks in Nebraska
Cost of Living in Greenwood, NE
Compared to national averages, Greenwood has a median household income of $99,000 (32% above the national median of $75,149). Home values average $169,200, which is 31% below the national median. Monthly rent at $1,152 is 1% below the US average of $1,163. Within Nebraska, Greenwood's income is 50% above the state average of $65,895, and home values are 34% above the state median of $125,824.
Why Live in Greenwood, NE?
Greenwood offers a strong local economy with a median household income of $99,000, well above the national average, and affordable housing with a median home value of $169,200, below the US average of $244,900, and rent that’s lower than the national average at $1,152/month. Additionally, the city features a strong job market with an unemployment rate of just 2.0%.
Greenwood has a population of 511 with a median age of 33.3 years. Compare Greenwood with other cities to see how it stacks up, or explore all cities in Nebraska.
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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, NE?
The population of Greenwood, NE is 511 according to the latest Census data.
What is the median household income in Greenwood?
The median household income in Greenwood, NE is $99,000 per year.
What is the median home value in Greenwood?
The median home value in Greenwood, NE is $169,200.
What is the average rent in Greenwood?
The median monthly rent in Greenwood, NE is $1,152.
What is the unemployment rate in Greenwood?
The unemployment rate in Greenwood, NE is 2.0%.