Greatwood is located in southeast Texas. Greatwood has 2.69 square miles of land area and 0.05 square miles of water area. As of 2010-2014, the total Greatwood population is 12,657, which has grown 90.62% since 2000. The population growth rate is much higher than the state average rate of 25.13% and is much higher than the national average rate of 11.61%. Greatwood median household income is $145,912 in 2010-2014 and has grown by 35.21% since 2000. The income growth rate is higher than the state average rate of 31.68% and is higher than the national average rate of 27.36%. Greatwood median house value is $261,800 in 2010-2014 and has grown by 36.57% since 2000. The house value growth rate is much lower than the state average rate of 59.27% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Greatwood is better than the state average in quality.