Greenwood is a city in South Carolina state in USA with a population of 23351 residents.. The poverty rate of Greenwood is 28.9%, which is 106% higher than national average. The typical household in Greenwood earns $32970 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 71.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Greenwood, only 82% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Greenwood remained 7.7%, which is 64% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Greenwood, only 21% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Greenwood is 85, which is 15% lower than national average. Median home value in Greenwood is $94600 , which is 59% lower than national average. While median income in Greenwood remained $32970, which is 51% lower than national average.