Greenwood 71 Excellent
Greenwood Livability #44 ranked city in Arkansas#7,033 ranked city in the USARanks better than 75% of areas
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Pros and Cons of Living in Greenwood

PROS
  • Cost Of Living 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 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 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 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.

CONS
  • Amenities Amenities

    A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.

  • Commute 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 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.

What's it like Living in Greenwood?

Greenwood, Arkansas is a small city with a population of 9,615 inhabitants. At 93%, the majority of the Greenwood population is White; this is followed by 0% Black and 0% Asian. 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.

Are you trying to figure out if living in Greenwood is the right fit for your lifestyle? To ensure a great experience before relocating to any new city in Arkansas, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. The best areas in Greenwood and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, commute, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Arkansas and national averages.

Greenwood has a livability score of 71/100 and is ranked #33 in Arkansas and #6,300 in the USA. Based on the grades for each individual category, Greenwood has received high marks for crime (A+), cost of living (A+), education (B) and housing (A+). Greenwood does not score well for the following: amenities (F). It might be a good idea to take a closer look at each category to find out why.

The Greenwood unemployment rate of 2.1% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the 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.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Greenwood is actually affordable. The median home price for Greenwood homes is $240,542, which is 15.1% higher than the Arkansas 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 2.9, which is 12.1% lower than the Arkansas average.

Best Places to Live in and Around Greenwood

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      Greenwood transportation information

      Statistic Greenwood Arkansas National
      Average one way commute24min22min26min
      Workers who drive to work87.7%82.7%76.4%
      Workers who carpool8.9%10.8%9.3%
      Workers who take public transit0.0%0.4%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk0.7%1.7%2.8%
      Working from home2.1%3.2%4.6%
      Source: The Greenwood, AR data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.