66,296
Population of Greenwood
10,076
Residents aged 65 and older in Greenwood
$6,479/Month
Average cost of Senior Living & Care in the area.
Greenwood, with a population of 66,296, is home to 10,076 residents aged 65 and older. The city offers 374 senior living and care options. The average monthly cost of senior living & care in the area is $6,479.
Greenwood, Indiana is a city with a long history and a strong sense of community. It was first settled in the early 1800s and grew as a small farming town. Over the years, it became a place where people enjoy both quiet neighborhoods and busy shopping areas. There are several landmarks and attractions that make Greenwood special. The Greenwood Park Mall is a favorite spot for shopping and dining. Visitors and locals also enjoy Freedom Springs Water Park in the summer and the historic Old City Park, which has walking trails and a beautiful creek. Greenwood has around 65,000 residents. Many families live here, and about 16% of the people are age 65 or older. This makes it a good place for seniors to find people their age and enjoy activities made just for them. The weather in Greenwood includes warm summers and cold winters. Summers can be great for outdoor fun, while winters are perfect for indoor events and community activities. Spring and fall bring mild temperatures and colorful views. Seniors in Greenwood can enjoy many local events and programs. The Greenwood Community Center offers fitness classes, arts and crafts, and social gatherings for older adults. The city also hosts festivals like the WAMM Fest, which features music, art, and food. There are plenty of parks and outdoor areas that are perfect for walking, relaxing, or enjoying nature. Craig Park is a favorite spot with shady trees and open space. Seniors who like peaceful places may also enjoy the trails at University Park or the scenic areas near the White River. Greenwood is known for being a family-friendly city. It’s calm but still active, with lots of things to do without feeling too busy or loud. People here enjoy a mix of shopping, dining, and nature all in one place. The city’s natural landscape includes open fields, wooded areas, and pretty creeks. These spots make it easy for seniors to spend time outdoors in a quiet and safe setting. Seniors may also like how easy it is to get around and how many places are close by. Many older adults find Greenwood appealing because of the peaceful neighborhoods and helpful services. There are senior communities, healthcare offices, and resources for those needing extra care. For those looking to find senior living in Greenwood or learn more about the cost of senior living in Greenwood, it’s a great place to explore. Seniors and families also appreciate the options available for senior care in Greenwood.Independent Living & Active Adult Living in Greenwood, Indiana
Long Term Care & Skilled Nursing in Greenwood, Indiana
Frequently Asked Questions
Greenwood, Indiana, is known for its affordable cost of living compared to many parts of the country. Housing is one of the biggest factors that keeps expenses low, with both home prices and rental rates sitting below the national average. As a suburb of Indianapolis, Greenwood offers residents the benefits of a thriving metro area while maintaining the lower costs often found in the Midwest. Beyond housing, everyday expenses such as groceries, transportation, and healthcare also tend to be more budget-friendly than national norms. Residents enjoy a suburban lifestyle with convenient access to parks, shopping, and community amenities, all at a cost that makes Greenwood an attractive option for families, retirees, and individuals seeking value. Overall, Greenwood combines affordability with a high quality of life, making it a desirable place to live for those looking to balance cost savings with comfort and convenience.
Most senior living communities in Indiana accept adults 55 and older, though some may set the minimum at 60 or 65. Requirements vary by community and care level, so checking with each facility ensures you find the right fit for lifestyle, services, and support.
Many seniors and families fund senior living by selling a home, using home equity, or taking a reverse mortgage. Some also use bridge loans, long-term care insurance, or VA benefits. In certain cases, Medicaid or state programs may help cover costs. Renting out a property or combining multiple funding options can provide additional financial flexibility.
Senior housing typically refers to age-restricted apartments or communities designed for older adults who live independently and arrange their own care, often by hiring outside home care providers. In contrast, senior living communities offer built-in support services—such as assistance with daily activities, medical care, dining, and social programs—directly on-site. This means residents in senior living have access to caregivers and amenities without needing to coordinate outside providers, making it a more comprehensive option for those seeking both housing and supportive care.