Greenwood is located in south Minnesota. Greenwood is between the Hennepin, Carver, Clearwater, Polk county. Greenwood has 0.36 square miles of land area and 0.25 square miles of water area. As of 2010-2014, the total Greenwood population is 740, which has grown 1.51% since 2000. The population growth rate is much lower than the state average rate of 9.44% and is much lower than the national average rate of 11.61%. Greenwood median household income is $126,625 in 2010-2014 and has grown by 23.27% since 2000. The income growth rate is lower than the state average rate of 29.12% and is lower than the national average rate of 27.36%. Greenwood median house value is $754,800 in 2010-2014 and has grown by 99.05% since 2000. The house value growth rate is much higher than the state average rate of 51.31% and is much 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.