What it's like to live in Greenwood
Greenwood is a smaller city in Indiana with home prices that remain within reach, unemployment below the national average, crime rates well below the national average, and a growing population. Those factors carry real weight for anyone weighing where to move next.
The tradeoffs are worth naming plainly. Greenwood deals with cold winters and a car-dependent commute, with few people using transit.
The good
- Affordable home prices
- Low unemployment
- Low crime rates
- Growing population
- Average class sizes
The not so good
- Cold winters
- Car-dependent — few commuters use transit
How Greenwood compares
Median household income
Median rent (per month)
Median home value
What it takes to move to Greenwood
Based on Greenwood's median rent, home value and household income
To rent
$2,624
up front: first month plus a typical one-month deposit
- Income to keep rent under 30%: $52,480 a year
- 41% of Greenwood renters spend 30% or more of their income on rent
To buy
$55,220
a 20% down payment on the median home
- With 10% down: $27,610
- Homes cost 3.3× the typical local household income (US: 4.1×)
Moving costs, closing costs and taxes not included.
The details
Cost of livingNear US average
$1,312/mo median rent
Cost of living works in this city's favor. Median rent sits around $1,312 a month, nothing that raises eyebrows. Solid value overall. Home prices are reasonable, with a median around $276,100. Not a steal, but not intimidating either.
Median home value $276,100 · 41% of renters cost-burdened
Job market▼ 28% below US
3.1% unemployment
Unemployment here is 3.1%, a little below the national average of 4.3%.
City-level (BLS)
Safety▼ 57% below US
142 violent crimes per 100k
Pretty safe, all things considered. Violent crime sits below the national average, nothing alarming, just ordinary city-life awareness.
Property crime 1699/100k · Greenwood Police Department · 2025 data
Getting aroundNear US average
25 min average commute
Commutes run about average, at 24.8 minutes. Fine day to day, but it adds up over a year, and where someone lives relative to where they work starts to matter. 9 in 10 workers drive to work; 12% work from home.
How workers get to work
Climate
Summers are warm, with highs around 82°F, and winters are cold, with lows around 22°F and snow a regular occurrence. Rainfall is regular throughout the year.
Average month
30-year averages, 1991–2020
Healthcare
2 hospitals
There are 2 Medicare-certified hospitals inside city limits.
Medicare-certified hospitals
Education & workforceNear US average
33% bachelor's degree or higher
Education levels run about average, with 33% college-educated. It's a mix of white-collar and blue-collar work, which can be an asset or a limitation depending on the field.
Schools
10 public schools inside the boundary
There are 10 public schools inside the boundary and 4 private schools. The student-to-teacher ratio is 18:1, slightly above the national average of 16:1.
Parks & recreation
The nearest national park or historic site is William Howard Taft National Historic Site (92 miles away). There are 2 national parks and sites within a day's drive.
Bottom line
Greenwood's strongest points are home prices that remain within reach and unemployment below the national average; the main tradeoffs are cold winters and a car-dependent commute, with few people using transit. A year of median rent ($1,312/mo) equals 19% of the median household income here, about the same as the 21% typical nationwide. It tends to suit job seekers and anyone prioritizing low crime. It may be a harder fit for anyone who doesn't drive.
Other places near Greenwood
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