|Greenwood Cemetery is eligible for listing in the National Register of Historic Places under Criterion A for its association with Cafion City's Exploration/Settlement and early Social History. The cemetery is also eligible for listing under Criterion C for its representative collection of funerary Art of the late 19th and early 20th centuries. Criteria Consideration D applies as the resource derives its primary significance from its association with settlement, social history, and funerary art as defined by Criteria A and C since the founding of the community. Greenwood Cemetery is the final resting place for some of Cafion City's earliest and most influential settlers, including those involved in shaping the local economy, politics and culture. With miners, politicians, prisoners, religious leaders, socialites, fraternal members, veterans and business people interred within the grounds, the individuals and families buried in Greenwood represent a cross-section of early of Cafion City development and society. Greenwood cemetery also contains significant examples of funerary art that embody the prevalent aesthetic characteristics of traditional funerary design during the period of significance, which often also reflect each individuals' fraternal associations, spiritual beliefs, military service and social position. Documentation and interpretation of these important aspects of Greenwood Cemetery can provide further contextual understanding of the early development of Canon City.