Greentown, IN
Population 2,005 · Indiana
About Greentown, IN
Greentown is a small town located in Indiana with a population of 2,005 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,917 per year, which is 23% below the national median of $75,149. The median age of 45.1 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Greentown features a median home value of $116,500, which is 52% below the national median of $244,900. This makes Greentown one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $770, 34% below the national average of $1,163/month. Of the 959 total housing units, 76% are owner-occupied (654 units) and 24% are renter-occupied (201 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Greentown shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Greentown have an average one-way commute time of 23.1 minutes.
Education & Demographics
14.7% of Greentown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.8% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Greentown, IN
Compared to national averages, Greentown has a median household income of $57,917 (23% below the national median of $75,149). Home values average $116,500, which is 52% below the national median. Monthly rent at $770 is 34% below the US average of $1,163. Within Indiana, Greentown's income is 16% below the state average of $69,330, and home values are 29% below the state median of $163,409.
Why Live in Greentown, IN?
Greentown offers affordable housing with a median home value of $116,500, below the US average of $244,900, and rent that’s lower than the national average at $770/month, and a strong job market with an unemployment rate of just 1.9%. Additionally, the city features a low poverty rate of 9.1%, better than the national average, and short commute times averaging just 23.1 minutes.
Potential considerations include median household income ($57,917) that falls below the national average. However, Greentown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Greentown has a population of 2,005 with a median age of 45.1 years. Compare Greentown with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Greentown
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Battle Ground | 1,989 | $104,583 | $268,300 | Compare |
| Hope | 1,988 | $68,015 | $127,200 | Compare |
| Trail Creek | 1,983 | $65,929 | $177,600 | Compare |
| Southport | 2,036 | $69,148 | $186,500 | Compare |
| Salt Creek Commons | 1,973 | $84,648 | $181,100 | Compare |
| Liberty | 1,958 | $46,801 | $122,000 | Compare |
| Walkerton | 2,052 | $62,521 | $132,300 | Compare |
| Milford | 1,955 | $52,014 | $135,300 | 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 Greentown With Other Cities
Frequently Asked Questions about Greentown
What is the population of Greentown, IN?
The population of Greentown, IN is 2,005 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Indiana.
What is the median household income in Greentown?
The median household income in Greentown, IN is $57,917 per year, which is 23% below the national median of $75,149.
What is the median home value in Greentown?
The median home value in Greentown, IN is $116,500, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Greentown?
The median monthly rent in Greentown, IN is $770, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Greentown?
The unemployment rate in Greentown, IN is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Greentown, IN a good place to live?
Greentown offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,005 and a median age of 45.1, the city appeals to established professionals and retirees.
How educated is Greentown, IN?
14.7% of residents in Greentown 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 Greentown?
Key cost-of-living indicators for Greentown, IN: median home value is $116,500 (52% below national), median rent is $770/month, and median household income is $57,917. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Greentown?
The poverty rate in Greentown, IN is 9.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Greentown, IN?
Greentown's population is 0.8% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 1.7% two or more races. 0.4% of residents are foreign-born.