HomeMinnesotaHennepin CountyGreenwood
Greenwood, Minnesota: commercial real estate data.
Greenwood is a Census city of 699 people across 0.36 square miles of land, in Hennepin County. Median household income is $215,278, 89.8 percent of occupied homes are owned.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Greenwood
What Greenwood is
- Census place typecity
- Land area0.36 sq mi
- Water area0.68 sq mi
- Population per square mile of land1,948 plus or minus 599
- County holding the largest share of its areaHennepin County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Greenwood
How many people live in Greenwood
- Population699 plus or minus 215
- Median age48.7 plus or minus 10.2
- Population under 18124 plus or minus 35
- Share under 1817.7 percent plus or minus 7.4
- Population 65 and over136 plus or minus 32
- Share 65 and over19.5 percent plus or minus 7.6
- Households256 plus or minus 61
- Family households202 plus or minus 59
- Share of households that are families78.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Greenwood
Income and work in Greenwood
- Median household income$215,278 plus or minus $59,095
- Per capita income$152,440 plus or minus $51,306
- Civilian labor force416 plus or minus 199
- Employed409 plus or minus 198
- Unemployed7 plus or minus 9
- Unemployment rate1.7 percent plus or minus 2.0
- Adults 25 and over552 plus or minus 194
- Adults 25 and over with a high school diploma or higher98.6 percent plus or minus 44.3
- Adults 25 and over with a bachelor degree or higher80.6 percent plus or minus 39.3
- Adults 25 and over with a graduate degree21.4 percent plus or minus 8.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Greenwood
Housing in Greenwood
- Housing units321 plus or minus 68
- Occupied units256 plus or minus 61
- Vacant units65 plus or minus 35
- Vacancy rate20.2 percent plus or minus 10.0
- Owner occupied230 plus or minus 60
- Renter occupied26 plus or minus 15
- Ownership rate89.8 percent
- Median owner-occupied home value$1,240,400 plus or minus $392,625
- Median gross rent, monthly$1,885 plus or minus $428
- Annual rent as a share of median income10.5 percent plus or minus 3.7
- Single family units274 plus or minus 60
- Share single family85.4 percent
- Units in buildings of two or more42 plus or minus 31
- Share in buildings of two or more13.1 percent plus or minus 9.4
- Mobile homes5 plus or minus 6
- Median year structure built1984
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Greenwood
How Greenwood gets to work
- Workers 16 and over who commute185 plus or minus 50
- Commuting under 15 minutes45 plus or minus 18
- Share commuting under 15 minutes24.3 percent plus or minus 7.2
- Commuting 30 minutes or more74 plus or minus 31
- Share commuting 30 minutes or more40.0 percent plus or minus 13.0
- Drove alone33.9 percent plus or minus 18.8
- Carpooled6.6 percent plus or minus 5.5
- Public transport1.0 percent plus or minus 1.1
- Walked1.5 percent plus or minus 1.3
- Worked from home54.5 percent plus or minus 38.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Greenwood
Flood risk in Greenwood
- NFIP communityCity of Greenwood
- NFIP community number270164
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date11/04/16
The City of Greenwood participates in the National Flood Insurance Program as community 270164 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Hennepin County, not Greenwood
Hennepin County context, not Greenwood figures
- Establishments in Hennepin County40,486
- Covered employment, Hennepin County917,117
- Average annual pay, Hennepin County$90,157
- Housing units permitted, Hennepin County3,919
Every figure in this section is published for Hennepin County as a whole and is not a measurement of Greenwood.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Greenwood questions, answered from the record.
How many people live in Greenwood, Minnesota?
699, in 256 households. Greenwood city covers 0.36 square miles of land, which is 1,948 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Greenwood in?
Hennepin County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Greenwood?
$215,278. The median owner-occupied home is valued at $1,240,400. Median gross rent is $1,885 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Is Greenwood in the National Flood Insurance Program?
Yes. Greenwood appears in the FEMA Community Status Book as Greenwood, city of, community 270164, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Greenwood figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Hennepin County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Greenwood.
Is zoning published for Greenwood?
No. Nothing on this page presents parcel level zoning.