Greenwood is a moderately-sized city located in the state of Indiana. The city has a population of 54,564 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (87% White). Given that fact, Greenwood could be considered less diverse than other cities. 72% of the people in Greenwood (over the age of 15) are married and 57% have kids under the age of eighteen. Knowing that, it’s safe to say that this area could be a great place for other families to lay down roots.
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 town before actually living in Greenwood, Indiana. With useful information like crime, cost of living, weather, education, employment and other key data points, finding the best places to live in Greenwood and in the areas around Greenwood is a much easier task.
The livability score in Greenwood is 76/100 and the city is ranked in the 86th percentile of all cities across America. This is a great score, as Greenwood ranks well in multiple categories! There are seven total categories that create the livability score. Greenwood ranks well for amenities (A+), cost of living (B-) and education (A+). On a less positive note, Greenwood does not have favorable grades for the following: crime (F). If we take a look at the data, we can find out why.
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Greenwood has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive.
Knowing that the Greenwood schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 75%, which is far higher than the national average.
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. The median home price for Greenwood homes is $138,900, which is 9.8% higher than the Indiana 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 2.6, which is 4% higher than the Indiana average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Greenwood were 6.2%, and the 5 year appreciation rates came in at 4.6%.
|Average one way commute||26min||23min||26min|
|Workers who drive to work||86.0%||83.0%||76.4%|
|Workers who carpool||8.5%||8.9%||9.3%|
|Workers who take public transit||0.3%||1.1%||5.1%|
|Workers who bicycle||0.1%||0.5%||0.6%|
|Workers who walk||1.0%||2.1%||2.8%|
|Working from home||3.6%||3.5%||4.6%|