Greenwood, AR Profile: Facts & Data

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Greenwood, Arkansas - Basic Facts

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The City of Greenwood had a population of 9,494 as of July 1, 2022. Greenwood ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Greenwood is located at latitude 35.2156 and longitude -94.2558 in Sebastian County. The formal boundaries for the City of Greenwood encompass a land area of 10.89 sq. miles and a water area of 0.15 sq. miles. Sebastian County is in the Central time zone (GMT -6). The elevation is 525 feet.

The City of Greenwood has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The City of Greenwood is located within , a minor civil division (MCD) of Sebastian County.


Jump to... (On This Page!)
  1. Greenwood 2022 Demographic Data
  2. Growth Rates for Greenwood (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Arkansas Research Tools (Easy Tools & Current Data)
  3. Arkansas Data Comparison Tool - 2022 Demographics
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Greenwood, AR Data & Demographics (As of July 1, 2022)

POPULATION

Total Population 9,494 (100%)
Population in Households 9,423 (99.3%)
Population in Families 8,118 (85.5%)
Population in Group Quarters1 71 ( 0.7%)
Population Density 877
Diversity Index2 34
 
 

INCOME

Median Household Income $70,524
Average Household Income $83,881
% of Income for Mortgage4 14%
Per Capita Income $31,372
Wealth Index5 63
 

HOUSING

Total HU (Housing Units) 3,744 (100%)
Owner Occupied HU 2,410 (64.4%)
Renter Occupied HU 1,110 (29.6%)
Vacant Housing Units 224 ( 6.0%)
Median Home Value $190,516
Average Home Value $215,073
Housing Affordability Index3 181
 

HOUSEHOLDS

Total Households 3,520
Average Household Size 2.68
Family Households 2,611
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2020-2022 2022-2027
Population -0.10% -0.06%
Households 0.06% 0.03%
Families   0.00%
Median Household Income   3.70%
Per Capita Income   3.54%
Owner Occupied HU   0.21%

Greenwood, AR - Peer Comparisons by Rank and Percentile

The table below compares Greenwood to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 40 94th
Population Density # 80 87th
Median Household Income # 46 93rd
Housing Affordability Index # 311 50th
Per Capita Income # 150 76th
Diversity Index # 305 51st

Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.

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