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Greenwood, MN

City in Hennepin County, Minnesota.

Population

699

Land area

0.4sq mi

People per sq mi

1,948

ZIP codes

0

Greenwood and its ZIP codes

Greenwood at a glance

  • Greenwood is about 27 times as dense as Minnesota as a whole.
  • The median household income is $215,278, about 2.4 times the Minnesota median of $89,062.
  • A typical owner-occupied home is valued at $1,240,400 (about 3.8 times the Minnesota figure) and median rent is $1,885 a month.

Local data for Greenwood, MN

Counts from official public data

Housing and community stats

Greenwood, MN, American Community Survey 2020-2024

Full profile

Median household income

$215,278

Poverty rate

8.8%

Median home value

$1,240,400

Median rent

$1,885/mo

Homeownership

89.8%

Bachelor's or higher

80.6%

Median age

48.7

Average commute

27.2 min

Largest reported origins and ancestries: Irish Americans (184), Swedish Americans (177), German Americans (139).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Hennepin County. PPP loans are for Greenwood.

Details

Unemployment rate

4.7%

Sep 2026, +0.9 pts in a year

Average annual pay

$92,294

919,062 jobs, 2025

Income per person

$100,352

BEA, 2024

Federal spending

$173B

FY 2026, $134,694 per person

Hennepin County economyFederal spending

How people get to work

Greenwood, MN, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone33.9%
  • Carpooled6.6%
  • Public transit1.0%
  • Walked1.5%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other2.5%
  • Worked from home54.5%

Average one-way commute: 27.2 minutes for people who do not work from home.

Environment and hazard risk

Greenwood, MN, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively High

Top: cold wave

Storm events since 1996

1,221

Countywide, mostly hail

Flood insurance policies

882

0.2% of homes, county

July high / Jan low

81° / 6°F

32.8 inches of rain a year

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Greenwood, MN, CDC PLACES estimates

All 40 measures

Obesity

26.6%

U.S. 33.3% -6.7 pts

Diabetes

9.3%

U.S. 12.1% -2.8 pts

Smoking

10.3%

U.S. 12.8% -2.5 pts

Uninsured (18-64)

4.8%

U.S. 11.1% -6.3 pts

Cities near Greenwood

NameDistanceLand area (sq mi)
ExcelsiorCity0.7 mi0.6
Tonka BayCity1.5 mi0.9
DeephavenCity2 mi2.3
Village of Minnetonka BeachCity2.3 mi0.5
ShorewoodCity3.3 mi5.3
WoodlandCity3.5 mi0.6
OronoCity3.5 mi15.9
Spring ParkCity4 mi0.4
WayzataCity4.2 mi3.1
ChanhassenCity4.8 mi20.4
MinnetonkaCity4.8 mi26.9
Long LakeCity4.9 mi0.9
MoundCity5.5 mi2.9
VictoriaCity6.2 mi9.1
Eden PrairieCity6.7 mi32.5
ChaskaCity7.2 mi17.1

Frequently asked questions

What county is Greenwood, MN in?
Greenwood is in Hennepin County, Minnesota.
What is the population of Greenwood, MN?
About 699 people live in Greenwood, based on American Community Survey 5-year estimates.
What cities are near Greenwood?
Nearby places include Excelsior (0.7 mi), Tonka Bay (1.5 mi), Deephaven (2 mi), Village of Minnetonka Beach (2.3 mi), Shorewood (3.3 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023

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