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Living In Greenwood, AR
The small town of Greenwood, Arkansas is home to slightly less than 9,000 residents. Families with children are a common sight, as kids aged 5-14 make up an above-average percentage of the population, while young professionals appear in smaller numbers. Overall, the town's population, at an average age of just under 37, is younger than most cities in Arkansas. Only 24% of residents rent in Greenwood, as the majority own their homes. With a relatively low average rent of $681/month in the town, renting remains an affordable option, particularly compared to other cities in Arkansas. Each month, renters in Greenwood will pay around $79 less compared to the state average.
Greenwood residents have an average commute of about 26 minutes. Many residents (42%) commute to work by car, while public transit isn't used. Not many workers commute on foot.
There are three primary industries in Greenwood: healthcare, manufacturing, and retail. Combined, these industries account for 21% of the labor force in the town. Meanwhile, in terms of job function, 8% of residents work in sales, making it the top career path in the town. With an average annual income of just under $65K, Greenwood workers take home about $7,000 more than their peers elsewhere in the state. However, Greenwood compares less favorably to the national average of $73,345. Compared to the national average (5%), Greenwood has a relatively large number of residents older than 25 who have an Associate's degree (7%). In addition, 10% have a Bachelor's degree and 2% have earned a Master's or Doctoral degree.
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