D

Greenwood, LA

Source:

Affordability Score: 46/100

Population: 3,510 · 1 ZIP codes

The affordability dashboard for Greenwood, LA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,510 residents, then layers in county-level federal data to produce an overall grade of D (46/100). The headline inputs are median household income of $54,243, median home value of $219,100, median rent of $485 per month, and 23.7% 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 $1,111 per month (studio $870, 1BR $982, 3BR $1,458, 4BR $1,552). Department of Labor data lists infant center-based childcare at $8,164 per year, consuming 15% of the local median household income.

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. Pressure points are education, housing. Unemployment currently reads 1.3% and poverty 8.1% - numbers worth keeping alongside the headline grade.

Score Breakdown

Income D
$54,243
Median household income
Education F
23.7%
Bachelor's degree or higher
Housing F
4.0x
Home value $219,100 vs income
Commute N/A
N/A
Average commute time
Rent B-
$1,111/mo
2BR fair market rent (25% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$8,164/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$54,243
▼ 13% vs national
Per Capita Income
$50,253
Unemployment Rate
1.3%
Poverty Rate
8.1%

Housing

Median Home Value
$219,100
▼ 20% vs national
Median Rent
$485/mo
Owner Occupied
88.1%
2BR Fair Market Rent
$1,111/mo
▼ 7% vs national

Fair Market Rents by Bedroom

Studio
$870
1BR
$982
2BR
$1,111
3BR
$1,458
4BR
$1,552

Safety

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

Education & Family

Bachelor's Degree+
23.7%
▼ 6 ppt vs national
High School+
54.5%
Median Age
54.7
Avg. Commute
-

Childcare Costs

Infant (Center)
$8,164/yr
15% of income
Toddler (Center)
$7,887/yr
Preschool (Center)
$7,627/yr
School-Age (Center)
$6,933/yr

What This Means

Greenwood, LA receives an overall affordability grade of D (46/100), aggregated from 1 ZIP codes with a total population of 3,510. Challenges include education and housing. Data was unavailable for commute, safety – these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Greenwood, LA affordable?
Greenwood, LA receives an overall affordability grade of D (46/100) based on Census, HUD, FBI, and DOL data. Median household income is $54,243. Median home value is $219,100.
What is the cost of living in Greenwood?
Key cost metrics: Median rent $485/mo. 2BR fair market rent $1,111/mo. Infant childcare $8,164/yr. Median home value $219,100.
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 →