What is the median household income in Greenwood, IN?
The median household income in Greenwood, IN is $83,608 (±$4,695) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,312 a month would take about $52,500 a year at the common guideline of spending no more than 30% of income on rent.
In Greenwood, the median household income went from $63,474 in 2015–2019 to $83,608 in 2020–2024 (+31.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $83,608 (±$4,695)
- Median renter income
- $61,586 (±$5,435)
- Income to afford median rent
- about $52,500
Income in Greenwood against Johnson County, its state and the nation
| Greenwood | Johnson County | Indiana | United States | |
|---|---|---|---|---|
| Median household income | $83,608 (±$4,695) | $90,454 (±$2,271) | $71,957 (±$352) | $80,734 |
| Median renter household income | $61,586 (±$5,435) | $60,184 (±$5,876) | $42,811 (±$480) | $52,966 |
| Median owner household income | $100,407 (±$5,126) | $103,418 (±$3,143) | $87,459 (±$395) | $100,009 |
| Median gross rent | $1,312 (±$58) | $1,271 (±$54) | $1,062 (±$5) | $1,413 |
In Greenwood, median household income is lower than in Johnson County ($90,454).
It is also higher than in Indiana ($71,957).
It is not measurably different from the national figure ($80,734).
In Johnson County, Greenwood ranks 12 of 17 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 440 of 1,568.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Greenwood
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,312 a month ($15,744 a year) needs an income of about $52,500 a year.
The median renting household in Greenwood earns $61,586 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $63,474 (±$1,961) | $83,608 (±$4,695) | +31.7% | Up after inflation |
| Median gross rent | $982 (±$29) | $1,312 (±$58) | +33.6% | Up after inflation |
| Median home value | $155,300 (±$4,217) | $276,100 (±$8,190) | +77.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Greenwood
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Greenwood | — | $83,608 (±$4,695) | — |
| Pleasant Township (Johnson County) | 1.5 mi | $84,437 (±$4,162) | Not measurably different |
| New Whiteland | 2.9 mi | $89,918 (±$15,083) | Not measurably different |
| Whiteland | 3.7 mi | $96,944 (±$22,615) | Not measurably different |
| Southport | 4.0 mi | $71,058 (±$15,285) | Not measurably different |
| Homecroft | 4.8 mi | $78,942 (±$10,886) | Not measurably different |
| White River Township (Johnson County) | 5.1 mi | $105,130 (±$6,590) | Higher |
| Perry Township (Marion County) | 5.7 mi | $66,897 (±$2,593) | Lower |
| Clark Township (Johnson County) | 5.9 mi | $138,234 (±$53,410) | Higher |
Nearby places with a measurably lower figure: Perry Township (Marion County), IN ($66,897).
Nearby places with a measurably higher figure: White River Township (Johnson County), IN ($105,130), Clark Township (Johnson County), IN ($138,234).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Johnson County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Needham Township | $92,171 (±$16,385) |
| 7 | Nineveh Township | $91,477 (±$26,964) |
| 8 | Hensley Township | $90,525 (±$11,416) |
| 9 | New Whiteland | $89,918 (±$15,083) |
| 10 | Prince's Lakes | $89,375 (±$27,964) |
| 11 | Pleasant Township (Johnson County) | $84,437 (±$4,162) |
| 12 | Greenwood | $83,608 (±$4,695) |
| 13 | Franklin Township (Johnson County) | $82,608 (±$6,617) |
| 14 | Franklin | $82,380 (±$7,285) |
| 15 | Trafalgar | $77,885 (±$16,405) |
| 16 | Blue River Township (Johnson County) | $62,436 (±$10,619) |
| 17 | Edinburgh | $60,843 (±$12,698) |
Showing 12 of 17 places in Johnson County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Greenwood
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Greenwood beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Greenwood, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Greenwood, and send estimates and invoices from your phone.
Questions about Greenwood
What is the median household income in Greenwood?
The median household income in Greenwood is $83,608 (±$4,695) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Greenwood?
About $52,500 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,312 a month.
Have incomes in Greenwood kept up with inflation?
In Greenwood, the median household income went from $63,474 in 2015–2019 to $83,608 in 2020–2024 (+31.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Greenwood?
The median renting household in Greenwood, IN earns $61,586 (±$5,435) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Greenwood city, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Greenwood city, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Greenwood city, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Greenwood city, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Greenwood city, Indiana
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Greenwood city, Indiana
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Greenwood city, Indiana (place:29898, in state:18).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Greenwood at a glance
- Median rent in Greenwood
- Rent by bedrooms in Greenwood
- Rent burden in Greenwood
- Renters and owners in Greenwood
- Home values in Greenwood
- Homeowner costs in Greenwood
- Property taxes in Greenwood
- Types of homes in Greenwood
- Bedrooms in Greenwood
- Age of homes in Greenwood
- Vacancy rate in Greenwood
- Heating fuel in Greenwood
- Commute and cars in Greenwood
- Crime reported to police in Greenwood
- Population growth in Greenwood
- How long people stay in Greenwood
- Crowding and facilities in Greenwood
- Fair Market Rent in Greenwood
- Indiana landlord and tenant rules
- Housing across Johnson County
- Indiana places ranked by median household income
- Housing data for every place in Indiana