Greenwood is a small town of 9,544 in Arkansas, with a median household income of $63,232
and a 3.3% unemployment rate.
Its cost of living index is 85 (US average = 100), which is
15% below the national average.
Strengths:
Greenwood stands out for an affordable cost of living, below-average home prices, lower-than-average crime, solid school ratings (B+).
Trade-offs:
No major red flags stand out in the available data. Whether Greenwood is right for you depends on your priorities — the full breakdown is below.
All Greenwood city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 85.1
Greenwood's overall cost of living index is 85.1,
where 100 represents the US national average.
Living in Greenwood costs roughly 15% less than the average American city.
Metric
Greenwood, AR
National Avg
Median Home Value
$163,900
$244,900
Median Monthly Rent
$816
$1,163
Homeownership Rate
70.3%
65.9%
Median Household Income
$63,232
$74,755
Crime & Safety
Very Safe
Greenwood's violent crime rate is 216.0 per 100,000 residents
— 43% lower than the national average of ~380 per 100,000.
Violent Crime
216.0 /100k
Property Crime
329.2 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Greenwood is served primarily by GREENWOOD SCHOOL DISTRICT.
The student-to-teacher ratio is 13.4:1
(better than the national average of ~16:1).
Metric
Greenwood, AR
National Avg
School District
GREENWOOD SCHOOL DISTRICT
—
Elementary Schools
2
—
Middle Schools
2
—
High Schools
1
—
Student/Teacher Ratio
13.4:1
16:1
Bachelor's Degree or Higher
26.3%
35.4%
High School Diploma or Higher
92.4%
91.1%
Weather & Climate
Greenwood sees average highs of 51.3°F in January
and 94.1°F in July,
with 51.6 inches of annual precipitation
and 2.9 inches of snow per year.
Greenwood's cost of living index is 85, where 100 is the national average.
That makes Greenwood roughly 15% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $163,900 and median rent is $816/month.
Greenwood's violent crime rate is 216.0 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 329.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Greenwood are operated by GREENWOOD SCHOOL DISTRICT.
The district has 2 elementary, 2 middle, and 1 high schools.
The student-to-teacher ratio is 13.4:1. 26.3% of adults 25+ hold a bachelor's degree or higher.
Greenwood, AR has a population of 9,544, a median household income of $63,232, and an unemployment rate of 3.3%.
It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Greenwood averages 51.3°F in January and 94.1°F in July. Annual rainfall is 51.6 inches
with about 2.9 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Greenwood, AR is covered by 1 ZIP code: 72936.
The population of Greenwood, Arkansas is 9,544 with a median age of 37.1. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Greenwood: cost of living index 85 (100 = US average), median home $163,900, median household income $63,232, crime index 40 (100 = US average, lower is safer), schools rated B+. Whether these are benefits or drawbacks depends on where you're coming from — compare Greenwood side by side with your current city to see the trade-offs.