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Delaware · Census place 31560

Greenwood town, DE

Quick answer

Greenwood town has 1,800 residents, ranking #43 of 79 places in Delaware. Median household income is $72,063, the median home is worth $230,000 and median gross rent runs $1,318 a month.

Population
1,800Greenwood town residents
Median household income
$72,063Past 12 months, inflation adjusted
Median home value
$230,000Owner-occupied units
Median gross rent
$1,318Rent plus utilities, monthly
Median age
32.4 yrsAll residents
Homeownership rate
43.7%Owner-occupied households

What the numbers mean in Greenwood town

Housing cost measured against local earnings.

A household earning the Greenwood town median would spend about 21.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.4% of residents and 43.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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