Greenwood is located in west Arkansas. Greenwood is part of Sebastian County. Greenwood has 9.82 square miles of land area and 0.15 square miles of water area. As of 2010-2014, the total Greenwood population is 9,222, which has grown 29.67% since 2000. The population growth rate is much higher than the state average rate of 10.24% and is much higher than the national average rate of 11.61%. Greenwood median household income is $46,673 in 2010-2014 and has grown by 25.36% since 2000. The income growth rate is lower than the state average rate of 28.22% and is lower than the national average rate of 27.36%. Greenwood median house value is $123,100 in 2010-2014 and has grown by 63.91% since 2000. The house value growth rate is higher than the state average rate of 49.31% and is higher 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 Greenwood is much better than the state average in quality. The Greenwood area code is 479.