City

Greenwood, VA

1 ZIP code  ·  Albemarle County  ·  Virginia

👥627Population
💰$101,111Median HH Income▲ 33% above avg
🎂34.4Median Age
🏠$597,200Median Home Value▲ 114% above avg
🎓68.1%College Grads▲ 76% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 43.9% Female 56.1% ♀

Race & Ethnicity

White: 63.6%Hispanic: 18%Black: 9.4%Other: 8.9%Race
White63.6%
Hispanic18.0%
Black9.4%
Other8.9%

Age Breakdown

5–17
30%
18–24
10%
25–44
21%
45–64
34%
65+
2%

Key Indicators

Median Age34.4 yrs
Avg HH Size2.43
Below Poverty2.2% ▼ 78% below avg
College Grads68.1% ▲ 76% above avg
HS Graduate78 (21.8%)
Some College27 (7.6%)
Associates9 (2.5%)
Bachelors73 (20.4%)
Graduate Degree170 (47.6%)

Education

HS Grad: 21.8%Some College: 7.6%Associates: 2.5%Bachelors: 20.4%Graduate: 47.6%Edu
HS Grad21.8%
Some College7.6%
Associates2.5%
Bachelors20.4%
Graduate47.6%
Housing & Income

Housing Tenure

Owner: 58.5%Renter: 41.5%Tenure
Owner58.5%
Renter41.5%

Home Value Distribution

$150k–$200k
12%
$200k–$300k
7%
$300k–$500k
21%
Over $500k
60%

Financials

Median HH Income$101,111 ▲ 33% above avg
Median Home Value$597,200 ▲ 114% above avg
Home/Income Ratio5.9x (nat avg ~3.5x)
Median Rent$628/mo
Total Housing Units325
Vacant Units67

Income Distribution

Under $25k
5%
$25k–$50k
20%
$50k–$75k
9%
$75k–$100k
11%
$100k–$150k
14%
$150k–$200k
15%
Over $200k
26%
Employment & Commute

How People Get to Work

Drove Alone
70%
Public Transit
11%
Walked
10%
Work From Home
9%

Commute Time

Under 15 min
20%
15–30 min
51%
30–45 min
18%
Over 45 min
11%
Housing Stock

Year Built

1960s–1970s
25%
1980s–1990s
8%
2000+
67%
About Greenwood, VA

Greenwood is a city in Virginia, located in Albemarle County. The city spans 1 ZIP code and is home to approximately 627 residents. It is a relatively young city, with a median age of 34.4 years.

Economically, Greenwood is a upper-middle-income community. The median household income of $101,111 is above the national average. Approximately 2.2% of residents live below the poverty line.

The real estate market in Greenwood is a premium housing market. Median home values stand at $597,200, which is more than double the national average. Renters typically pay around $628 per month.

The population of Greenwood is highly educated. 68.1% of adults hold a bachelor's degree or higher — significantly above the national average. The community is majority White (63.64%).

Greenwood, VA offers residents above-average earning potential within Virginia.

ZIP Codes in Greenwood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
22943 627 $101,111 $597,200 $628 0.0% 68.1% 58.5%