Greenwood is a very small town in Sussex County, Delaware. Home to the Richards Historic District, Greenwood is part of the Salisbury, Maryland-Delaware Metropolitan Statistical Area. Spanning over just 0.72 square miles, Greenwood has experienced incredible growth of 41.22% from 2010 to 2014.
What is the community of Greenwood like?
Home to merely 1,147 residents, Greenwood is a small charming town that offers fairly safe surroundings and a peaceful, quaint setting just a stone-throw away from Delaware’s big cities of Dover and Milford.Situated just 12 miles from the bustling city of Milford, Greenwood residents frequently head to Milford and other neighboring cities to enjoy outstanding outdoor recreational and professional opportunities offered by them. Greenwood has a rich history of its own. It is home to the Richards Historic District, which is a national historic district that includes 21 contributing buildings and 1 contributing site encompassing portions of three separate farms with three groupings of farm buildings. The farms are Poplar Level Farm, Locust Grove Farm, and Middle Space Farm.
For a refreshing stroll, residents of Greenwood frequently head to the beautiful Mispillion River that runs through the nearby Milford and offers paved sidewalks and picturesque vistas amidst a serene environment that oozes an elegant sense of calm and peace.
In addition, Greenwood residents also enjoy a myriad of restaurants at home and in the nearby cities. When in Greenwood, visit the various immersive restaurants of Milford such as the Bibi’s Restaurant that offers sumptuous Mexican tacos, Micheladas, nachos, and ceviche, or stop by Abbott's Grill to have salads, soups, seafood, pasta, steak, and much more. You may also head north to the town of Harrington that offers its own clique of unique restaurants. Pay a visit to the Rudy's Diner for some delicious cuisine or visit the Main Street Cafe & Sweets for fresh homestyle meals made from locally sourced ingredients.
Also, the residents of Greenwood are never bereft of exciting community festivals. One of the region’s favorite festivals is the Ladybug Music Festival, which is held every year in Milford to celebrate both the end of winter and the state’s official bug, the ladybug. The nearby Harrington is home to renowned festivals such as the historical Delaware State Fair, whose mentions have been found in newspapers as far back as 1869. Today the fairgrounds encompass over 300 acres and feature concerts, wrestling, rodeo, races, agricultural exhibits, a midway, and other typical state fair demonstrations and events.
What is Real Estate like in Greenwood?
Real estate in Greenwood has shown an average growth of 3.95% per year since the year 2000. Since 2000, the prices of homes in Greenwood have appreciated by a strong 125.44%. National real estate firm, RE/MAX, categorizes Greenwood’s housing market as ‘somewhat competitive’. The sale prices of homes in Greenwood have experienced a decent growth of more than 5.4% over the last year.The median home price in Greenwood is almost $270,000. Currently, there are 59 active homes for sale in Greenwood, and normally it takes just 26 days for a listed home to sell. The average cost to rent a house in Greenwood is around $900 per month. At present, there are 438 homes and apartments in the city, 58.45% of which are owned, and the remaining 41.55% are rented.
How is the economic landscape of Greenwood?
Over the last year, Greenwood’s job market has grown by 1.3%, while its unemployment rate stands at a decent 6.4%. The US average is 6%. Also, the city’s job market is expected to grow by 37.5% in the next ten years.On average, a Greenwood resident earns around $22,200 per annum. The city’s median household income per resident is $41,500. Most of the residents of Lincoln work in construction, manufacturing, retail, finance, information, and transportation.
How are the schools in Greenwood?
Greenwood is covered by 3 school districts, with Woodridge School District being the city’s major school district encompassing 3 schools and 2,309 enrolled students. Greenwood also lies in proximity to many colleges including, among others, Delaware Technical and Community College Owens, Chesapeake College, and Wesley College.Greenwood lies just 26 miles from one of Delaware’s flagship universities – the Delaware State University (DSU). DSU is a public research university encompassing four colleges and a diverse population of undergraduate and advanced-degree students. Spanning over 400 acres of the main campus in Dover, the capital of Delaware, the university offers 42 undergraduate degrees, 21 graduate degrees, and five doctoral degrees, apart from several cooperative and dual degree programs. About 83 percent of undergraduate students in Delaware receive scholarships, grants, loans, or work-study income.
Greenwood in a nutshell
To sum up, Greenwood is a peaceful, quaint little town that offers a safe environment and easy access to a plethora of recreational, professional, and business opportunities, thanks to its proximity to the cities of Milford and Dover. If you wish to move to Delaware and crave to live in a rather secluded neighborhood without going much away from big-city amenities, Greenwood is meant to be your next hometown. Filters Reset
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GREENWOOD IN A NUTSHELL
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