Greenfield, IN
Population 24,308 · Indiana
About Greenfield, IN
Greenfield is a mid-sized city located in Indiana with a population of 24,308 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,949 per year, which is 0% below the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Greenfield features a median home value of $205,800, which is 16% below the national median of $244,900. This positions Greenfield in a moderately priced market relative to the rest of the country. Median monthly rent is $1,128, 3% below the national average of $1,163/month. Of the 10,402 total housing units, 62% are owner-occupied (6,238 units) and 38% are renter-occupied (3,873 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Greenfield shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Greenfield have an average one-way commute time of 24.9 minutes.
Education & Demographics
25.2% of Greenfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.5% White, 0.8% Hispanic or Latino, 0.4% Black or African American, and 1.4% Asian residents, with 3.1% of the population being foreign-born.
How Greenfield Ranks in Indiana
Cost of Living in Greenfield, IN
Compared to national averages, Greenfield has a median household income of $74,949 (0% below the national median of $75,149). Home values average $205,800, which is 16% below the national median. Monthly rent at $1,128 is 3% below the US average of $1,163. Within Indiana, Greenfield's income is 8% above the state average of $69,330, and home values are 26% above the state median of $163,409.
Why Live in Greenfield, IN?
Greenfield offers affordable housing with a median home value of $205,800, below the US average of $244,900, and rent that’s lower than the national average at $1,128/month, and a strong job market with an unemployment rate of just 2.7%. Additionally, the city features a low poverty rate of 4.3%, better than the national average, and short commute times averaging just 24.9 minutes.
Potential considerations include median household income ($74,949) that falls below the national average. However, Greenfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greenfield has a population of 24,308 with a median age of 38.1 years. Compare Greenfield with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Greenfield
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Munster | 23,733 | $105,764 | $312,000 | Compare |
| Avon | 22,683 | $97,589 | $300,600 | Compare |
| Franklin | 25,999 | $77,305 | $212,500 | Compare |
| East Chicago | 26,158 | $41,071 | $92,400 | Compare |
| La Porte | 22,125 | $59,862 | $143,800 | Compare |
| Clarksville | 22,121 | $58,518 | $172,700 | Compare |
| St. John | 21,639 | $127,449 | $370,800 | Compare |
| Seymour | 21,536 | $63,388 | $153,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Greenfield With Other Cities
Frequently Asked Questions about Greenfield
What is the population of Greenfield, IN?
The population of Greenfield, IN is 24,308 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Indiana.
What is the median household income in Greenfield?
The median household income in Greenfield, IN is $74,949 per year, which is 0% below the national median of $75,149.
What is the median home value in Greenfield?
The median home value in Greenfield, IN is $205,800, which is 16% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greenfield?
The median monthly rent in Greenfield, IN is $1,128, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Greenfield?
The unemployment rate in Greenfield, IN is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Greenfield, IN a good place to live?
Greenfield offers a moderate cost of living, affordable housing, and a strong job market. With a population of 24,308 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Greenfield, IN?
25.2% of residents in Greenfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Greenfield?
Key cost-of-living indicators for Greenfield, IN: median home value is $205,800 (16% below national), median rent is $1,128/month, and median household income is $74,949. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Greenfield?
The poverty rate in Greenfield, IN is 4.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Greenfield, IN?
Greenfield's population is 0.5% White, 0.8% Hispanic or Latino, 0.4% Black or African American, 1.4% Asian, and 1.5% two or more races. 3.1% of residents are foreign-born.