Greenwood

County:: Carver County
County Seat:: No
Area (mi²):: 0.359
State:: Minnesota

Greenwood is a city located in Carver County, Minnesota. Greenwood has a 2025 population of 686. Greenwood is currently declining at a rate of -1.15% annually and its population has decreased by -5.51% since the most recent census, which recorded a population of 726 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.

Demographics

The racial composition of Greenwood includes 97.78% White, and smaller percentages for Two or more races, Black or African American, Asian, Native American, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Asian

Native American

Native Hawaiian or Pacific Islander

Other race

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%
Native American	0	0%
Native Hawaiian or Pacific Islander	0	0%
Other race	0	0%

Greenwood Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

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%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Families	$250,001	$440,330
Married Families	$250,001	-
Households	$199,063	$367,723
Non Families	$60,417	$75,512

$92,917

Average Income

$199,063

Median Household Income

7.5%

Poverty Rate