Greenwood is a somewhat small city located in the state of Arkansas. With a population of 9,671 people and two associated neighborhoods, Greenwood is the 41st largest community in Arkansas.

Greenwood real estate is some of the most expensive in Arkansas, although Greenwood house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Greenwood has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.27% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Greenwood is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Greenwood’s overall crime rate is lower than average for the country.

Being a small city, Greenwood does not have a public transit system used by locals to get to and from work.

The overall education level of Greenwood is somewhat higher than in the average US city of 21.84%: 28.32% of adults 25 and older in the city have at least a bachelor's degree.

The per capita income in Greenwood in 2022 was $36,129, which is wealthy relative to Arkansas, and middle income relative to the rest of the US. This equates to an annual income of $144,516 for a family of four. However, Greenwood contains both very wealthy and poor people as well.

Greenwood is a somewhat ethnically-diverse city. The people who call Greenwood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Greenwood residents report their race to be White, followed by Native American. Important ancestries of people in Greenwood include English, German, Irish, Italian, and Scottish.

The most common language spoken in Greenwood is English. Other important languages spoken here include Spanish and Polish.