The cost of living in this region is notably lower than the national average, encompassing everyday goods, housing, utilities, transportation and health care expenses.
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
This area excels in the employment category with a score well above average, primarily due to the higher median home income, per capita income and low unemployment rates.
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Achieving a high health and safety score relies on factors including great air quality and convenient access to vital health facilities such as hospitals, doctors, clinics and police stations.
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
The lower than average schools score may be influenced by below-average education levels, subpar reading and math scores and the lack of access to local elementary and high schools.
Located in the state of Pennsylvania, Greenwood is a small city with a population of 3,597 inhabitants. If we look at the most recent Census, Greenwood is known to have a predominantly White population. The next two most common races are Black and Asian. If you're not a fan of traffic congestion and long commute times to work, Greenwood is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 17 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a great experience if you are willing to get to know the area before actually living in Greenwood, Pennsylvania. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Greenwood, AreaVibes has created a livability score using key metrics like crime, cost of living, housing and more.
The livability score in Greenwood is 71/100 and the city is ranked in the 81st percentile of all cities across America. If we check out each of the categories on their own, we see that Greenwood ranks well for crime (A), cost of living (A+), employment (B+) and housing (A). The bad news for Greenwood, there are some categories for which it does not score well, this includes: amenities (F) and education (F).
The Greenwood unemployment rate of 0.1% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Greenwood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Greenwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Greenwood. Everything else becomes a lot less important if it turns out that home prices in Greenwood are simply unattainable. Median real estate prices in Greenwood come in at $129,900, which is 22.5% lower than the Pennsylvania average. The home price to income ratio compares the median home prices to the median household income. In Greenwood, the home price to income ratio is 2.1, which is 32.3% lower than the Pennsylvania average.
Statistic | Greenwood | Pennsylvania | National |
Average one way commute | 17min | 26min | 26min |
Workers who drive to work | 82.5% | 76.5% | 76.4% |
Workers who carpool | 11.4% | 8.5% | 9.3% |
Workers who take public transit | 0.7% | 5.6% | 5.1% |
Workers who bicycle | 0.0% | 0.5% | 0.6% |
Workers who walk | 1.1% | 3.8% | 2.8% |
Working from home | 4.3% | 4.2% | 4.6% |