Greenwood is a small town of 543 in Nebraska, with a median household income of $97,411
and a 3.7% unemployment rate.
Its cost of living index is 92 (US average = 100), which is
8% 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: 92.5
Greenwood's overall cost of living index is 92.5,
where 100 represents the US national average.
Living in Greenwood costs roughly 8% less than the average American city.
Metric
Greenwood, NE
National Avg
Median Home Value
$149,000
$244,900
Median Monthly Rent
$968
$1,163
Homeownership Rate
85.8%
65.9%
Median Household Income
$97,411
$74,755
Crime & Safety
Very Safe
Greenwood's violent crime rate is 53.3 per 100,000 residents
— 86% lower than the national average of ~380 per 100,000.
Violent Crime
53.3 /100k
Property Crime
628.6 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Greenwood, NE
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
23.1%
35.4%
High School Diploma or Higher
95.3%
91.1%
Weather & Climate
Greenwood sees average highs of 32.7°F in January
and 87.2°F in July,
with 32.3 inches of annual precipitation
and 22.1 inches of snow per year.
Greenwood's cost of living index is 92, where 100 is the national average.
That makes Greenwood roughly 8% less expensive than a typical US city — a meaningful affordability advantage.
The median home price is $149,000 and median rent is $968/month.
Greenwood's violent crime rate is 53.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 628.6 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Greenwood, NE has a population of 543, a median household income of $97,411, and an unemployment rate of 3.7%.
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 32.7°F in January and 87.2°F in July. Annual rainfall is 32.3 inches
with about 22.1 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
Greenwood, NE is covered by 1 ZIP code: 68366.
The population of Greenwood, Nebraska is 543 with a median age of 36.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Greenwood: cost of living index 92 (100 = US average), median home $149,000, median household income $97,411, crime index 20 (100 = US average, lower is safer). 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.
