Greenfield, IA
Population 1,826 · Iowa
About Greenfield, IA
Greenfield is a small town located in Iowa with a population of 1,826 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,152 per year, which is 29% below the national median of $75,149. The median age of 47.9 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 Greenfield features a median home value of $115,700, which is 53% below the national median of $244,900. This makes Greenfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $600, 48% below the national average of $1,163/month. Of the 949 total housing units, 62% are owner-occupied (572 units) and 38% are renter-occupied (358 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 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.2%, above the national average of 12.4%. Workers in Greenfield have an average one-way commute time of 18 minutes, one of the shorter commutes in the region.
Education & Demographics
23.5% of Greenfield 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 1.5% White, 2.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.4% of the population being foreign-born.
Cost of Living in Greenfield, IA
Compared to national averages, Greenfield has a median household income of $53,152 (29% below the national median of $75,149). Home values average $115,700, which is 53% below the national median. Monthly rent at $600 is 48% below the US average of $1,163. Within Iowa, Greenfield's income is 22% below the state average of $67,947, and home values are 13% below the state median of $132,237.
Why Live in Greenfield, IA?
Greenfield offers affordable housing with a median home value of $115,700, below the US average of $244,900, and rent that’s lower than the national average at $600/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features short commute times averaging just 18 minutes.
Potential considerations include median household income ($53,152) 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 1,826 with a median age of 47.9 years. Compare Greenfield with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Greenfield
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Moville | 1,840 | $96,250 | $174,600 | Compare |
| Farley | 1,809 | $96,563 | $242,600 | Compare |
| Reinbeck | 1,805 | $85,962 | $152,400 | Compare |
| Leon | 1,795 | $54,868 | $79,600 | Compare |
| Kent Estates | 1,863 | $122,014 | $351,100 | Compare |
| Sigourney | 1,866 | $51,528 | $109,500 | Compare |
| Blue Grass | 1,867 | $87,083 | $202,400 | Compare |
| Lisbon | 1,782 | $83,125 | $202,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
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, IA?
The population of Greenfield, IA is 1,826 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Iowa.
What is the median household income in Greenfield?
The median household income in Greenfield, IA is $53,152 per year, which is 29% below the national median of $75,149.
What is the median home value in Greenfield?
The median home value in Greenfield, IA is $115,700, which is 53% 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, IA is $600, which is 48% below the national average of $1,163/month.
What is the unemployment rate in Greenfield?
The unemployment rate in Greenfield, IA is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Greenfield, IA a good place to live?
Greenfield offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,826 and a median age of 47.9, the city appeals to established professionals and retirees.
How educated is Greenfield, IA?
23.5% 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, IA: median home value is $115,700 (53% below national), median rent is $600/month, and median household income is $53,152. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Greenfield?
The poverty rate in Greenfield, IA is 16.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Greenfield, IA?
Greenfield's population is 1.5% White, 2.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.7% two or more races. 1.4% of residents are foreign-born.