Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Greenwood town, Delaware?
City · Census ACS 5-Year estimates
The median gross rent in Greenwood town, Delaware is $1,316/month (±$101), based on Census ACS 5-Year estimates (2024). The median home value is $252,200 (±$24,756), and the median household income is $73,345/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Greenwood town, Delaware
| Metric | Value |
|---|---|
| Median Gross Rent | $1,316 |
| Median Home Value | $252,200 |
| Median Household Income | $73,345 |
| Total Housing Units | 648 |
| Renter-Occupied Units | 365 |
| Renter-Occupied Share | 56% |
| Households Paying 50%+ Income | 35 households |
How does Greenwood town, Delaware compare?
Median gross rent ranked against all cities in Delaware.
Higher rent than 48% of cities in Delaware · 34th of 63
| # | City | Value |
|---|---|---|
| 1 | Hockessin CDP | $3,501 |
| 2 | Dewey Beach town | $2,536 |
| 3 | Pike Creek CDP | $2,262 |
| … 30 more … | ||
| 34 | Greenwood town(you are here) | $1,316 |
| … 26 more … | ||
| 61 | Bowers town | $850 |
| 62 | Felton town | $848 |
| 63 | Lewes city | $381 |
More data for Greenwood town, Delaware
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Frequently asked questions
What is the average rent in Greenwood town, Delaware?
The median gross rent in Greenwood town, Delaware is $1,316/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Greenwood town, Delaware?
The median rent for a 2-bedroom in Greenwood town, Delaware is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Greenwood town, Delaware?
The median home value in Greenwood town, Delaware is $252,200 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Greenwood town are rent-burdened?
In Greenwood town, Delaware, 35 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Greenwood town, Delaware?
The median household income in Greenwood town, Delaware is $73,345/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,316 has a margin of error of ±$101. In very small areas, MOEs can be large relative to the estimate.
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