Greenwood, IL demographics:
population, income, and more

Total population
502
-10.2% year-over-year change
Median household income
$131,250/yr
-5.4% year-over-year change
Housing units
187
2.2% year-over-year change

Greenwood population

How many people live in Greenwood

Greenwood is home to 502 residents, according to the most recent Census data. Gender-wise, 52% of Greenwood locals are male, and 48% are female.

Total population
502
-10.2% year-over-year change
Gender ratio
Male
52%
261
Female
48%
241
Value Percent YoY change
Male 261 52% -4.4%
Female 241 48% -15.7%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Greenwood is 42, with the population distributed as follows: about 16.3% are children under 15, then 12.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 31.7% of the population, while another 22.7% fall into the 45 to 64 bracket. Finally, around 16.5% are 65 or older.

Median age
41.8
Age breakdown
Under 15
16.3%
15 to 24
12.8%
25 to 44
31.7%
45 to 64
22.7%
Over 65
16.5%
Value Percent YoY change
Under 15 82 16.3% -7.9%
15 to 24 64 12.8% -39.6%
25 to 44 159 31.7% 22.3%
45 to 64 114 22.7% -27.4%
Over 65 83 16.5% 7.8%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Greenwood, 93.4% of the population are US-born citizens, while 2.8% have gained naturalized citizenship. At the same time, 3.8% of residents are non-citizens. There’s also a share of 5.2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
93.4%
Non-U.S.-born citizens
2.8%
Non-citizens
3.8%
Value Percent YoY change
U.S.-born citizens 469 93.4% -6.0%
Non-U.S.-born citizens 14 2.8% 40.0%
Non-citizens 19 3.8% -62.0%
Racial breakdown
White
87.4%
Black or African American
0%
American Indian and Alaska Native
0.6%
Asian
1.6%
Native Hawaiian and other Pacific Islander
0%
Two or more races
5.2%
Other
5.2%
Value Percent
White 439 87.4%
American Indian and Alaska Native 3 0.6%
Asian 8 1.6%
Two or more races 26 5.2%
Other 26 5.2%

Households in Greenwood

A peek inside Greenwood households

Greenwood has 182 households, with an average of 3 members in each. Of these, 63.7% are families, while the remaining 36.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
182
1.1% year-over-year change
Average people per household
3
Non-family households
66
Family households
116
Value Percent YoY change
Non-family households 66 36.3% 37.5%
Family households 116 63.7% -12.1%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Greenwood

The housing landscape of Greenwood

Greenwood's housing consists of 187 units, with 96.3% being detached single-family homes ideal for those wanting space.

Housing units
187
2.2% year-over-year change
Housing types
Value Percent
1 unit, detached 180 96.3%
2 units 7 3.7%
Homes built since 2020
1
% year-over-year change

The age of buildings in Greenwood

In Greenwood, the median construction year is 1938. Most development happened in the second half of the 20th century. Then, 16% of homes were added from 2000 to 2009, 2.7% between 2010 and 2019, and 0.5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 94 50.3% 27.0%
Built between 1950 and 1959 11 5.9% -38.9%
Built between 1960 and 1969 12 6.4% -7.7%
Built between 1970 and 1979 13 7% -13.3%
Built between 1980 and 1989 16 8.6% 0.0%
Built between 1990 and 1999 5 2.7% 25.0%
Built between 2000 and 2009 30 16% -25.0%
Built between 2010 and 2019 5 2.7% 66.7%
Built in 2020 or later 1 0.5% N/A
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Greenwood occupancy rates

Out of the 182 occupied housing units in Greenwood, 74.2% are owner-occupied, while 25.8% are lived in by tenants. Meanwhile, 2.7% of all homes on the local market sit vacant.

Occupied housing units
182
1.1% year-over-year change
Occupancy breakdown
Renter occupied
47
Owner occupied
135
Value Percent YoY
change
Renter occupied 47 25.8% 23.7%
Owner occupied 135 74.2% -4.9%
Unoccupied housing units
2.7%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Greenwood housing costs

Housing costs in Greenwood come to a median of $1,567 per month, while tenants specifically pay a median gross rent of $1,366.

Median housing costs per month
$1,567/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Greenwood
$1,366/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Greenwood

Greenwood education at a glance

About 30% of the population in Greenwood went to high school, while 27% pursued college studies. Another 15.8% earned an associate degree and 20.4% hold a bachelor’s. Meanwhile, 6.9% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 118 30% -13.9%
College diploma 106 27% 8.2%
Associate degree 62 15.8% 6.9%
Bachelor's degree 80 20.4% -14.9%
Graduate degree 27 6.9% -25.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Greenwood

How much people earn in Greenwood

The average annual household income in Greenwood was $139,227 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -3.1% change from the previous year. At the same time, the median income stood at $131,250, reflecting a -5.4% shift over the same period.

Average household income in Greenwood
$139,227/year
-3.1% year-over-year change
Median household income in Greenwood
$131,250/year
-5.4% year-over-year change

Greenwood income by age

In Greenwood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $187,589. Those with someone between 45 and 64 in charge, often well established professionally, earn $174,375 overall. Overall, 87.4% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $187,589 2.6%
45 - 64 $174,375 2.8%
Over 65 $65,982 3.6%
Above poverty level
439
Below poverty level
63
Value Percent YoY
change
Above poverty level 439 87.4% -12.7%
Below poverty level 63 12.6% 12.5%

Employment in Greenwood

Workforce and job types in Greenwood

The job market in Greenwood is powered by 267 working residents, spread across a range of industries and roles. 69.7% of the working population are employed in professional or administrative positions, while 30.3% are in hands-on or service-based jobs. Also, 30.3% run their own businesses, 56.2% are employed by private companies, and 8.2% work in the public sector.

Workforce demographics

Working population
267
-8.9% year-over-year change
White collar
186
Blue collar
81
Value Percent YoY change
White collar 186 69.7% -15.8%
Blue collar 81 30.3% 12.5%
Employer type
Self employees
30.3%
Private companies
56.2%
Governmental workers
8.2%
Not for profit companies
5.2%
Value Percent YoY change
Self employees 81 30.3% 9.5%
Private companies 150 56.2% -13.3%
Governmental workers 22 8.2% -33.3%
Not for profit companies 14 5.2% 7.7%
Unemployment rate
2.2%
-14.3% year-over-year change

Available workforce

The unemployment rate in Greenwood stands at 2.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Greenwood

How people get around in Greenwood

Commuting methods vary: 76.6% of residents travel by personal vehicle and 7.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 203 76.6% -12.1%
Walk 20 7.6% 25.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Greenwood by zipcode?

Zipcode Population Number of households Median income Average income
60097 11,983 4,486 $93,397 $105,588
60098 33,130 13,168 $91,062 $115,457

Explore more communities

FAQs about Greenwood demographics 

What is the total population of Greenwood?

Greenwood has a total population of 502 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -10.2% compared to a year ago.

What is the gender ratio in Greenwood?

The gender ratio in Greenwood is as follows:
  • 52% males (261 residents)
  • 48% females (241 residents)

What is the median age in Greenwood?

The median age in Greenwood is 41.8.

What is the age distribution of the population in Greenwood?

The age distribution in Greenwood is as follows:
  • Under 15: 16.3% (82 residents)
  • Ages 15-24: 12.8% (64 residents)
  • Ages 25-44: 31.7% (159 residents)
  • Ages 45-64: 22.7% (114 residents)
  • Over 65: 16.5% (83 residents)

What is the racial and ethnic makeup of Greenwood?

The racial and ethnic makeup of Greenwood is as follows:
  • White: 87.4% (439 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0.6% (3 residents)
  • Asian: 1.6% (8 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 5.2% (26 residents)
  • Other: 5.2% (26 residents)

What percentage of the population in Greenwood are U.S.-born citizens?

U.S.-born citizens represent 93.4% of the population in Greenwood.

How many housing units are there in Greenwood?

There are 187 housing units in Greenwood, reflecting a +2.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Greenwood and what is the average household size?

Greenwood has a total of 182 households, with an average of 3 people in each.

What is the median household income in Greenwood?

Greenwood has a median household income of $131,250, representing a -5.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Greenwood?

The employment rate is 97.8% in Greenwood, with a workforce of 267 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 69.7% (186 residents)
  • Blue-collar workers: 30.3% (81 residents)

Places of employment:
  • Self-employed: 30.3% (81 residents)
  • Private companies: 56.2% (150 residents)
  • Governmental workers: 8.2% (22 residents)
  • Not-for-profit companies: 5.2% (14 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025