Greenwood, IN 55+ Active Adult Retirement Communities

Greenwood is a small suburb of Indianapolis with a population of 23,488 as of the 2020 census. 25% of Greenwood’s residents are over the age of 55 and over 55 communities are a popular retirement option for many. Greenwood is about 10 miles south of downtown Indianapolis giving residents easy access to large city amenities while enjoying small town living.

Cost of Living & Taxes

Housing and grocery costs are fairly low in Indiana giving the state an overall lower cost of living than the national average.

Greenwood sales tax is 7%, groceries, prescription drugs and medical supplies are exempt from sales tax in Indiana. Greenwood is in Johnson County where the average property tax is 0.90%. Income tax in Indiana averages 4.95% and may include county or municipal taxes. Social Security is not taxed but retirement income from pensions & retirement accounts are taxable.

Recreation, Culture & Entertainment

Greenwood is an ideal place for Midwesterner’s who love playing golf as there are several courses in the area, including:

• • Bluff Creek Golf Club
  • The Legends Golf Club
  • The Links at Heartland Crossing

Climate

The Greenwood area sees about 31 inches of rain per year, much of it falling during the month of May. Average winter temperatures range from 21° to 34°. Summer in Greenwood is warm and humid with summer temperatures averaging between 66° and 82° with 80% humidity. Average snowfall in Greenwood is 11 inches with the highest chance of snow during the month of January.

Health Care

The closest hospitals to Greenwood are:

Community Hospital South is 1.9 miles away in Indianapolis. Community Hospital South is a 169 bed facility. U.S. News & World Report rated Community Hospital South as high performing in treating heart failure, kidney failure, stroke care, and knee replacement surgery.

Franciscan Health Indianapolis is four miles from Greenwood. Franciscan Health Indianapolis is a 519 bed hospital which is rated High performing in heart failure treatment, colon cancer surgery, stroke care, and COPD care by U.S. News & World Report.

Johnson Memorial Hospital in Franklin is 9.5 miles from Greenwood. Johnson Memorial Hospital is a 64 bed hospital which is accredited by the Association of Diabetes Care, is certified as stroke ready and has received the Excellence in Health Care Award by PRC.