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.
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.
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.
Crime
This area exhibits elevated crime rates per 100,000 residents, which may suggest it's a potentially unsafe place to reside. These rates encompass both property and violent crimes.
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.
Schools
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Greenwood, Louisiana is a small city with a population of 3,155 people. Greenwood is mostly populated by White (57%) and Black or African American (38%) ethnic groups. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Greenwood, your commute time will align closely with the national average, spanning a one-way duration of approximately 24 minutes.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a positive experience if you are willing to get to know the city before actually living in Greenwood, Louisiana. 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. With useful information like crime, health & safety, education, employment, housing and other key data points, finding the best places to live in Greenwood and in the areas around Greenwood is a much easier task.
Greenwood has a livability score of 58 out of 100 and is ranked #267 in Louisiana and #19,556 in the USA. This is a poor rating when compared to the average of other places in the country. There are nine total categories that generate the livability score. Greenwood scores well for crime (B-), cost of living (A+) and housing (A+) On a less positive note, Greenwood does not have favorable grades for the following: amenities (F) and education (F). If we take a look at the data, we can find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Greenwood has an unemployment rate of 1.59% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
Finding affordable real estate and housing in Greenwood can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Assuming that Greenwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Greenwood. Everything else becomes a lot less important if it turns out that home prices in Greenwood are simply unattainable. The median home price for Greenwood homes is $187,100, which is 26.2% higher than the Louisiana average. If we take a closer look at the affordability of homes in Greenwood, we’ll see that the home price to income ratio is 3.4, which is 3% higher than the Louisiana average.
| Statistic | Greenwood | Louisiana | National |
| Average one way commute | 24min | 25min | 26min |
| Workers who drive to work | 81.5% | 82.6% | 76.4% |
| Workers who carpool | 10.7% | 9.6% | 9.3% |
| Workers who take public transit | 0.0% | 1.3% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 2.8% | 1.8% | 2.8% |
| Working from home | 3.9% | 2.6% | 4.6% |
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