Median Income
$56,250
household / year
Median Home Value
$84,000
owner-occupied
Median Rent
$844
gross / month
Cost of Living
93
national avg = 100

Is Greenwood, FL a Good Place to Live?

Greenwood is a small town of 713 in Florida, with a median household income of $56,250 and a 1.0% unemployment rate. Its cost of living index is 93 (US average = 100), which is 7% below the national average.

Strengths: Greenwood stands out for an affordable cost of living, below-average home prices.

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: 93.3

Greenwood's overall cost of living index is 93.3, where 100 represents the US national average. Living in Greenwood costs roughly 7% less than the average American city.

Metric Greenwood, FL National Avg
Median Home Value $84,000 $244,900
Median Monthly Rent $844 $1,163
Homeownership Rate 74.5% 65.9%
Median Household Income $56,250 $74,755

Crime & Safety

Crime data for Greenwood is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Greenwood, FL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 22.8% 35.4%
High School Diploma or Higher 90.4% 91.1%

Weather & Climate

Greenwood sees average highs of 62.9°F in January and 92.4°F in July, with 51.1 inches of annual precipitation .

MetricGreenwood, FL
Average High — January62.9°F
Average High — July92.4°F
Annual Precipitation51.1"
Annual SnowfallTrace / None

Demographics

MetricGreenwood, FLNational Avg
Population713—
Median Age39.638.9
Unemployment Rate1.0%3.7%
Avg Commute Time29.4 min26 min
White (non-Hispanic)64.9%59.3%
Black or African American29.2%13.6%
Hispanic or Latino0.6%18.9%
Asian0.0%6.3%
Under 1824.3%22.2%
65 and over14.6%16.8%

Nearby Cities

Bascom, FL 5 mi Malone, FL 6 mi Marianna, FL 10 mi Cottondale, FL 13 mi Grand Ridge, FL 14 mi

ZIP Codes in Greenwood

Greenwood, FL is covered by 1 ZIP code:

32443

Greenwood vs Other Cities

Greenwood, FL vs Bascom, FL Greenwood, FL vs Malone, FL Greenwood, FL vs Marianna, FL Greenwood, FL vs Cottondale, FL Greenwood, FL vs Grand Ridge, FL

Frequently Asked Questions

Greenwood's cost of living index is 93, where 100 is the national average. That makes Greenwood roughly 7% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $84,000 and median rent is $844/month.
Crime data for Greenwood is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Greenwood, FL has a population of 713, a median household income of $56,250, and an unemployment rate of 1.0%. 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 62.9°F in January and 92.4°F in July. Annual rainfall is 51.1 inches . Based on NOAA 30-year climate normals (1991–2020).
Greenwood, FL is covered by 1 ZIP code: 32443.
The population of Greenwood, Florida is 713 with a median age of 39.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Greenwood: cost of living index 93 (100 = US average), median home $84,000, median household income $56,250. 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.