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. For every 100 females there are 111.8 males.
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 (97.78%)
Two or more races (1.67%)
Black or African American (0.42%)
Asian (0.14%)
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