C-

Greenwood, VA

Source:

Affordability Score: 50/100

Population: 444 · 1 ZIP codes

The affordability dashboard for Greenwood, VA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 444 residents, then layers in county-level federal data to produce an overall grade of C- (50/100). The headline inputs are median household income of $80,875, median home value of $812,500, median rent of $766 per month, and 47.1% 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 $1,824 per month (studio $1,421, 1BR $1,602, 3BR $2,218, 4BR $2,731). Department of Labor data lists infant center-based childcare at $13,974 per year, consuming 17% 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. Strengths visible in the raw data for Greenwood, VA include education. Pressure points are housing. Unemployment currently reads 0.0% and poverty 3.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B-
$80,875
Median household income
Education B+
47.1%
Bachelor's degree or higher
Housing F
10.0x
Home value $812,500 vs income
Commute N/A
N/A
Average commute time
Rent C
$1,824/mo
2BR fair market rent (27% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$13,974/yr
Center-based infant care (17% of income)

Income & Employment

Median Income
$80,875
▲ 30% vs national
Per Capita Income
$84,492
Unemployment Rate
0.0%
Poverty Rate
3.5%

Housing

Median Home Value
$812,500
▲ 195% vs national
Median Rent
$766/mo
Owner Occupied
54.9%
2BR Fair Market Rent
$1,824/mo
▲ 52% vs national

Fair Market Rents by Bedroom

Studio
$1,421
1BR
$1,602
2BR
$1,824
3BR
$2,218
4BR
$2,731

Safety

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

Education & Family

Bachelor's Degree+
47.1%
▲ 17 ppt vs national
High School+
66.9%
Median Age
47.3
Avg. Commute

Childcare Costs

Infant (Center)
$13,974/yr
17% of income
Toddler (Center)
$11,865/yr
Preschool (Center)
$11,617/yr
School-Age (Center)
$10,145/yr

What This Means

Greenwood, VA receives an overall affordability grade of C- (50/100), aggregated from 1 ZIP codes with a total population of 444. This area performs well in education. Challenges include 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, VA affordable?
Greenwood, VA receives an overall affordability grade of C- (50/100) based on Census, HUD, FBI, and DOL data. Median household income is $80,875. Median home value is $812,500.
What is the cost of living in Greenwood?
Key cost metrics: Median rent $766/mo. 2BR fair market rent $1,824/mo. Infant childcare $13,974/yr. Median home value $812,500.
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 →