Greenwood is a city located in Carver County, Minnesota. Greenwood has a 2025 population of 708. Greenwood is currently declining at a rate of -0.7% annually and its population has decreased by -3.41% since the most recent census, which recorded a population of 733 in 2020.
The average household income in Greenwood is $367,723 with a poverty rate of 7.5%. The median age in Greenwood is 48.8 years: 47.2 years for males, and 52 years for females.
Data after 2023 is projected based on recent change
The racial composition of Greenwood includes 97.78% White, and smaller percentages for Two or more races, Black or African American, Asian and multiracial populations.
White (97.8%)
Two or more races (1.7%)
Black or African American (0.4%)
Asian (0.1%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 704 | 97.78% |
| Two or more races | 12 | 1.67% |
| Black or African American | 3 | 0.42% |
| Asian | 1 | 0.14% |
Married
Widowed
Divorced
Separated
Never Married
Greenwood's average per capita income is $92,917. Household income levels show a median of $199,063. The poverty rate stands at 7.5%.
Name | Median | Mean |
|---|---|---|
| Families | $250,001 | $440,330 |
| Married Families | $250,001 | - |
| Households | $199,063 | $367,723 |
| Non Families | $60,417 | $75,512 |
Average Income
Median Household Income
Poverty Rate