The town is home to CFB Greenwood, one of the largest air force bases in Canada, which plays a significant role in the local economy and culture.

Greenwood is closely connected with neighbouring Kingston, forming a shared hub of Valley life. The area is surrounded by apple orchards, farm markets, and seasonal agricultural traditions that define the Annapolis Valley. Kingston’s long-running Steer BBQ and other community events add to the region’s character, blending rural heritage with the everyday rhythm of military families and long-time residents.