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ZipNumbers

Louisiana · Census place 31705

Greenwood town, LA

Quick answer

Greenwood town has 3,123 residents, ranking #145 of 489 places in Louisiana. Median household income is $60,540, the median home is worth $227,500 and median gross rent runs $576 a month.

Population
3,123Greenwood town residents
Median household income
$60,540Past 12 months, inflation adjusted
Median home value
$227,500Owner-occupied units
Median gross rent
$576Rent plus utilities, monthly
Median age
50 yrsAll residents
Homeownership rate
82.7%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 11.4% 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 3.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.8% of residents and 82.7% 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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