Cost Of Living
The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Located in the state of Arkansas, Greenwood is a small-sized city with a population of 9,392 people. If we look at the most recent Census, Greenwood is known to have a predominantly White population. The next two most common races are Black and Asian. The average American spends about 26 minutes on their one way commute to work each day. Lower travel times can increase overall happiness and allow for more time to be spent with family and friends. While living in Greenwood, your commute times will be about average, with a one way commute time of 24 minutes.
If you’re considering relocating to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the town before actually living in Greenwood, Arkansas. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. The best areas in Greenwood and in surrounding cities are easier to find when you are able to make informed decisions. Using data from crime, cost of living, commute, health & safety, employment, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.
Using data and statistics Greenwood has received a livability score of 68 out of 100. This score is ranked in the 72nd percentile when compared to all other cities. Based on the grades for each individual category, Greenwood has been rewarded with high marks for crime (A+), cost of living (A+) and housing (B+). There is at least one category that you should be aware of in Greenwood. The following was graded with a disappointing score: amenities (F) and education (D-).
Crime rates play a pivotal role in the decision-making process for anyone considering a move, as they directly influence the overall sense of safety, security and quality of life in a given location. Greenwood shines in this regard, earning exemplary ratings for its exceptionally low violent crime rates, standing at 144 crimes per 100,000 residents. These rates are notably below the national average, underscoring the community's commitment to safety and contributing to an enhanced quality of life.
The unemployment rate in Greenwood has consistently declined over the years and currently stands well below the national average at 1.97%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Greenwood market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Greenwood real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Greenwood. Median real estate prices in Greenwood come in at $135,300, which is 18% higher than the Arkansas average. The home price to income ratio compares the median home prices to the median household income. In Greenwood, the home price to income ratio is 2.4, which is 11.1% lower than the Arkansas average.
| Statistic | Greenwood | Arkansas | National |
| Average one way commute | 24min | 22min | 26min |
| Workers who drive to work | 87.7% | 82.7% | 76.4% |
| Workers who carpool | 8.9% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.7% | 1.7% | 2.8% |
| Working from home | 2.1% | 3.2% | 4.6% |
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