B-

Greenwood, IN

Source:

Affordability Score: 68/100

Population: 78,968 · 2 ZIP codes

The affordability dashboard for Greenwood, IN aggregates Census ACS 5-Year Estimates across 2 ZIP codes covering 78,968 residents, then layers in county-level federal data to produce an overall grade of B- (68/100). The headline inputs are median household income of $90,535, median home value of $306,245, median rent of $1,334 per month, and 39.1% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,473 per month (studio $1,118, 1BR $1,267, 3BR $1,907, 4BR $2,338).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Greenwood, IN include income, rent. Unemployment currently reads 2.5% and poverty 7.0% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B+
$90,535
Median household income
Education B-
39.1%
Bachelor's degree or higher
Housing C-
3.4x
Home value $306,245 vs income
Commute C-
26 min
Average commute time
Rent A-
$1,473/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$90,535
▲ 46% vs national
Per Capita Income
$44,811
Unemployment Rate
2.5%
Poverty Rate
7.0%

Housing

Median Home Value
$306,245
▲ 11% vs national
Median Rent
$1,334/mo
Owner Occupied
69.1%
2BR Fair Market Rent
$1,473/mo
▲ 23% vs national

Fair Market Rents by Bedroom

Studio
$1,118
1BR
$1,267
2BR
$1,473
3BR
$1,907
4BR
$2,338

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
39.1%
▲ 9 ppt vs national
High School+
65.3%
Median Age
38.0
Avg. Commute
26 min
▼ 0 min vs national

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Greenwood, IN receives an overall affordability grade of B- (68/100), aggregated from 2 ZIP codes with a total population of 78,968. This area performs well in income and rent. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Greenwood ZIP Codes
View all 2 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Greenwood, IN affordable?
Greenwood, IN receives an overall affordability grade of B- (68/100) based on Census, HUD, FBI, and DOL data. Median household income is $90,535. Median home value is $306,245.
What is the cost of living in Greenwood?
Key cost metrics: Median rent $1,334/mo. 2BR fair market rent $1,473/mo. Median home value $306,245.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →