United States landmark

22943

Greenwood, VA

Total Population

724
5-year trend
+9.0%

Median Household Income

-$666,666,666
5-year trend
+17.6%

Median Home Value

$567,000
5-year trend
+45.6%

Median Rent

-$666,666,666
5-year trend
+42.8%

About Greenwood, VA

Comprehensive Neighborhood Analysis

Neighborhood Profile

Greenwood, VA in Albemarle represents a tight-knit residential area with approximately 724 residents. This working-class area is characterized by a premium real estate market, with median home values around $567,000 and a median household income of -$666,666,666.

The community features a active, family-oriented residents, with a median age of 34.7 years. Residents benefit from a varied educational attainment levels, contributing to a diverse and vibrant local culture. The area's economic landscape reflects its demographic composition, with household incomes and property values aligned with broader regional trends.

Population
724

Small-sized community with diverse demographics

Median Income
-$666,666,666

Working-class earning profile

Home Value
$567,000

Premium real estate market

Quality of Life Overview

Our comprehensive analysis evaluates Greenwood, VA across multiple quality-of-life dimensions including amenities access, cost of living, safety metrics, educational opportunities, and climate conditions. The overall livability score of NaN/10 reflects these combined factors, providing residents and prospective movers with data-driven insights into the area's living standards.

Key Insights

What the data tells us about this area

Median household income is 1025% lower than the state average, indicating a more affordable area.

Home values are 101% higher than the state average. This area has a competitive real estate market.

56% of adults (25+) have a bachelor's degree or higher, suggesting a highly educated community.

Median age of 35 years indicates a younger, dynamic community with potential for growth.

Quick Facts & Insights

Key metrics and how they compare

Household Income
-$666,666,666
1024.9% below state avg
Home Value
$567,000
100.9% above state avg
Rent
-$666,666,666
402.5% below state avg
Population Density
724 residents
Median Age
34.7 years

Livability Score

Overall quality of life rating based on key factors

Overall Livability
NaN
Below Average
Out of 100

Score Breakdown

Amenities
-444399/100
Cost of Living
59/100
Safety
NaN/100
Education
60/100
ℹ️ Hover for details
Employment
96/100
Housing
-282155/100
Weather
69/100

Expert Analysis & Insights

Data-Driven Community Assessment

Our team of data analysts and urban planning experts have evaluated Greenwood, VA across multiple dimensions to provide you with actionable insights. These findings are based on comprehensive analysis of demographic trends, economic indicators, housing market dynamics, and quality of life factors.

Excellent Housing Affordability

Strength

With a home price-to-income ratio of -0.0:1, homes in Greenwood, VA are highly affordable relative to local incomes. This compares favorably to the national benchmark of 3-4:1, making homeownership more accessible.

Higher Living Costs

Consideration

With a cost of living index of 141 (national average = 100), expenses in Greenwood, VA are above average. While this often reflects premium amenities and services, budget-conscious residents should plan accordingly.

Methodology: Our analysis combines official data from the U.S. Census Bureau, Bureau of Labor Statistics, and regional housing databases with proprietary algorithms to identify meaningful patterns and trends. All comparisons use state-level benchmarks unless otherwise noted.

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Interactive Location Map

Greenwood, VA 22943

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Coordinates: 38.0788°, -78.5220°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
141
Higher than avg
100 = US National Average

Cost Index by Category

Housing
200
Above avg
Transportation
110
Average
Healthcare
105
Average
Groceries
115
Above avg
Utilities
108
Average
Overall
141
Above avg

Economy & Employment

Job market and economic indicators

Labor Force
478
Employment Rate
96.0%
Avg. Commute
30 min
Work From Home
10%

Top Industries by Employment

Industry Breakdown

Finance & Insurance
36.3%
Educational Services
17%
Agriculture, Forestry & Fishing
16.1%
Mining & Oil Extraction
16.1%
Professional & Business Services
7.2%
Total Employed
459
Total Unemployed
19
Unemployment Rate
4.0%

Nearby ZIP Codes

Explore surrounding areas

Frequently Asked Questions

Everything you need to know about Greenwood, VA

According to the latest U.S. Census Bureau data, Greenwood, VA has a total population of approximately 724 residents. This population figure is derived from the American Community Survey (ACS) 5-Year estimates, which provide the most reliable and comprehensive demographic data available.

Have more questions? Our data is continuously updated to provide you with the most accurate and comprehensive information available. For specific inquiries or detailed analysis, consider consulting with local real estate professionals, financial advisors, or community organizations who can provide personalized guidance based on your unique situation.

Demographics Overview

Comprehensive population statistics and demographic breakdown

Key Demographic Insightsfor Greenwood, VA

Median household income is 1025% above state average, indicating a relatively affluent area.

High education levels with 56.2% holding bachelor's degrees or higher, well above national average of 33%.

Young population with median age of 34.7 years, attracting young professionals and families.

Strong job market with unemployment rate of 4.0%, below national average.

Low poverty rate of 1.8%, well below national average.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income
$-666,666,666
-887226.5% vs US
vs State Median
1024.9%
State: $-59,265,523
Income Distribution
30.9%
Under $50k
18.3%
Over $100k
Lower Income
Middle Income
Higher Income
Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.47 people

Total Households
293
Family Households
46.4%

Employment by Industry

Where residents work

#1 Industry
Finance
36.3%
#2 Industry
Education
17.0%
#3 Industry
Agriculture
16.1%
Total Employed Residents:223

Commute Patterns

How residents get to work

Short Commute
7.6%
Under 10 minutes
Long Commute
5.8%
Over 60 minutes
Work From Home
9.8%
39 workers
Public Transit
12.8%
51 workers
Total Commuting Workers:397
Commute Insights
Good public transit usage (12.8% of workers)

Labor Force Statistics

Employment Rate
96.0%
459 employed
Labor Force
478
19 unemployed
Unemployment Rate:4.0%
Median Age
34.7 years
Per Capita Income
$69,340
Poverty Rate
1.8%

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