Greenwood 73 Excellent
Greenwood Livability #81 ranked city in Indiana#4,777 ranked city in the USARanks better than 83% of areas

Pros and Cons of Living in Greenwood

PROS
  • 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.

  • Employment

    This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.

  • 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.

  • Schools

    The schools category boasts a high score thanks to factors like excellent test scores, impressive graduation rates and the convenient placement of elementary and high schools in this area.

CONS
  • 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.

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What's it like Living in Greenwood?

Greenwood is a medium-sized city located in the state of Indiana. The city has a population of 58,784 inhabitants. At 84%, the majority of the Greenwood population is White; this is followed by 7% Asian and 4% Black. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Greenwood your home, your one-way commute time will typically last around 25 minutes, a duration that aligns with the national average commute time of 26 minutes.

If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Greenwood, Indiana. 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. To help you find the best places to live in and around Greenwood, AreaVibes has created a livability score using key metrics like amenities, crime, cost of living, health & safety, education and more.

With a livability score of 71 out of 100, Greenwood is ranked #5,285 in the United States and #86 in Indiana. For each of the livability categories, we see that Greenwood ranks very well for crime (A-), cost of living (A+), education (B+), employment (B) and housing (A+). Regrettably for Greenwood, there are some categories for which it does not rank well, this includes: amenities (F).

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 73 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.

Unemployment rates can range pretty dramatically from one city to another. Knowing that Greenwood has an unemployment rate of 1.99% 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.

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Greenwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

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 $167,600, which is 32.5% higher than the Indiana 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 2.5, which is 0% lower than the Indiana average.

Best Places to Live in and Around Greenwood

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Compare Greenwood, IN Livability

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      Greenwood transportation information

      Statistic Greenwood Indiana National
      Average one way commute25min23min26min
      Workers who drive to work83.7%83.0%76.4%
      Workers who carpool6.9%8.9%9.3%
      Workers who take public transit0.5%1.1%5.1%
      Workers who bicycle0.1%0.5%0.6%
      Workers who walk1.3%2.1%2.8%
      Working from home6.5%3.5%4.6%
      Source: The Greenwood, IN data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).