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Greenwood, Arkansas Demographics & Population 2026

During the 2020–2024 ACS period, Greenwood, Arkansas had a total population of 9,616, the 40th largest city in Arkansas, with a median household income of $66,844, which is 10% higher than the state average. The poverty rate is 10.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Greenwood Quick Facts

Population 9,616
Median Household Income $66,844
Median Home Value $182,900
Poverty Rate 10.0%
Unemployment Rate 2.5%
Median Age 38.6 years
Homeownership Rate 74.4%
Affordability Ratio 2.7x
Bachelor's Degree or Higher 28.5%
High School Graduation Rate 93.5%
Diversity Index 27/100
Population 9,616 40th of 614
Median Income $66,844 top 30%
Poverty Rate 10.0% 20% lower than national
Median Home Value $182,900 top 20%

How Greenwood Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population9,5709,616+0.5%
Median household income$65,745$66,844+1.7%
Median home value$177,300$182,900+3.2%

How Greenwood Compares

Economy & Housing

Household Income Distribution

Under $25K 12.3%
$25K-$50K 27.6%
$50K-$100K 29.1%
$100K+ 31.0%
Detailed income brackets
Under $10K
5.1%
$10K-$15K
1.5%
$15K-$20K
3.1%
$20K-$25K
2.6%
$25K-$30K
1.9%
$30K-$35K
6.4%
$35K-$40K
5.7%
$40K-$45K
3.4%
$45K-$50K
10.2%
$50K-$60K
6.3%
$60K-$75K
9.7%
$75K-$100K
13.1%
$100K-$125K
12.7%
$125K-$150K
4.6%
$150K-$200K
8.8%
$200K+
5.0%

Employment

2.5% Unemployment Rate State: 4.9%|National: 5.2%
58.6% Labor Force Participation

Housing Overview

Owner 74.4%
Renter 25.6%
Affordability Index Very Affordable
2.7x home value to income ratio
Median gross rent $836/mo 15.0% of median household income annually

People & Demographics

Diversity Index

27out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 51 | National average: 61

Education

Greenwood Rankings in Arkansas

#40 Population of 614
#114 Median Income of 526
#75 Education of 614
#94 Home Value of 524

Other Cities in Sebastian County

CityPopulationMedian IncomePovertyHome Value
Fort Smith 89,805 $54,816 18.3% $178,100
Barling 5,007 $54,387 15.1% $140,000
Lavaca 2,489 $80,924 5.9% $162,300
Mansfield 1,204 $53,068 23.5% $113,500
Hackett 1,118 $44,081 18.7% $136,700
Bonanza 711 $63,631 13.2% $133,300
Central City 627 $69,583 11.1% $134,700
Hartford 496 $45,341 24.9% $83,700
Huntington 468 $35,833 23.7% $45,600
Midland 262 $36,461 22.5% $64,300

Cities Similar to Greenwood

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Beebe8,707$59,476$158,20018.4%15.1%
Farmington9,094$90,469$304,80036.2%3.8%
Arkadelphia10,099$48,657$179,30032.8%28.9%
Magnolia10,894$56,127$169,30023.0%22.7%
Camden10,307$49,361$107,40018.4%20.5%

Population Overview

Greenwood is a small city located in Arkansas, within Sebastian County. The total population is 9,616. It ranks as the 40th most populous out of 614 Census-designated places in Arkansas.

Age Demographics

The median age in Greenwood is 38.6 years. This is about the same as the state median of 38.5 years.

Economy, Income & Housing

The median household income in Greenwood is $66,844. This is 10% higher than the state median of $60,773. It is also 17% lower than the national median of $80,734. The poverty rate stands at 10.0%. This is 37% lower than the state poverty rate of 16.0%. The unemployment rate is 2.5%. This is 50% lower than the state rate of 4.9%. The median home value is $182,900. Housing costs are 3% lower than the state median of $188,000. With a home-value-to-income ratio of just 2.7x, Greenwood is one of the most affordable housing markets in the area. 74.4% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 66.4%.

Race & Ethnicity

Greenwood has a predominantly White (non-Hispanic) population, comprising 85.2% of all residents. Hispanic or Latino residents account for 7.7%. The Black or African American population (0.5%) is well below the state average of 14.6%.

Education

28.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% higher than the state rate of 25.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.5%.

Data Sources & Methodology

All demographic data for Greenwood, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 614 Census-designated places in Arkansas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Greenwood, Arkansas?

Greenwood, Arkansas has a population of 9,616 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Greenwood, AR?

The median household income in Greenwood is $66,844, which is 17% lower than the national median of $80,734.

What is the poverty rate in Greenwood, AR?

The poverty rate in Greenwood is 10.0%. This means approximately 950 residents live below the federal poverty line.

What is the racial makeup of Greenwood, Arkansas?

Greenwood's population is 85.2% White, 0.5% Black, 7.7% Hispanic/Latino, and 1.6% Asian.

What is the median home value in Greenwood, AR?

The median home value in Greenwood is $182,900. The home-value-to-income ratio is 2.7x.

How educated is Greenwood, Arkansas?

28.5% of adults (25+) in Greenwood hold a bachelor's degree or higher, and 10.9% hold a graduate or professional degree.