Greenwood, MN Employment - Median Household Income, Unemployment Rate

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A+

379%

Income/capita NAT. AVG.

236%

Household income NAT. AVG.

61%

Unemployment NAT. AVG.

Index	Greenwood	Minnesota	National
Income per capita	$215,047	$49,588	$44,883
Median household income	$273,109	$92,370	$81,333
Median income owner occupied	$316,815	$117,544	$106,172
Median income renter occupied	$0	$52,026	$52,080
Median earnings male	$143,760	$60,747	$54,343
Median earnings female	$91,946	$42,223	$38,439
Unemployment rate	1.9%	3.6%	4.9%
Poverty level	4.4%	10.8%	15.1%

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4900 Meadville St

Excelsior, MN

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Excelsior, MN

5080 Meadville St

Excelsior, MN

21735 Fairview St

Greenwood, MN

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Key findings

The income per capita in Greenwood is 379% higher than the national average
The median household income in Greenwood is 236% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Greenwood is 61% lower than the national average
The poverty level in Greenwood is 71% lower than the national average

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am i middle class

$182,054 $273,109 $546,218

City

$61,573 $92,370 $184,740

State

$54,216 $81,333 $162,666

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Greenwood median earnings by income bracket

Greenwood employment by industry

Labour Type	Male	Female
Construction industry	5.9%	5.9%
Manufacturing sector	10.7%	10.7%
Financial & insurance services	11.8%	11.8%
Wholesale & retail services	9.2%	9.2%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	20.6%	20.6%
Education, health & social services	8.1%	8.1%
Other	32.0%	32.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Minnetonka Beach, MN	606	$369,558	354.4%
Woodland, MN	552	$282,232	247.0%
Independence, MN	3,869	$266,808	228.0%
Orono, MN	8,455	$249,971	207.3%
Victoria, MN	10,127	$244,453	200.6%
Greenwood, MN	764	$273,109	235.8%

Cities with similar population

City	Population	Household Income	National Avg.
Clayhatchee, AL	764	$67,690	16.8%
Hugo, CO	764	$70,067	13.9%
Coggon, IA	764	$113,419	39.5%
Melbourne, IA	764	$103,873	27.7%
New Harmony, IN	764	$66,402	18.4%
Greenwood, MN	764	$273,109	235.8%

Source: The Greenwood, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.