Greenfield, TN
Population 2,085 · Tennessee
About Greenfield, TN
Greenfield is a small town located in Tennessee with a population of 2,085 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,798 per year, which is 44% below the national median of $75,149. The median age of 41.5 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 $88,400, which is 64% 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 $718, 38% below the national average of $1,163/month. Of the 990 total housing units, 75% are owner-occupied (641 units) and 25% are renter-occupied (218 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Greenfield shows an unemployment rate of 5.3%, which is near the national rate of 3.7%. The poverty rate stands at 17.2%, above the national average of 12.4%. Workers in Greenfield have an average one-way commute time of 24.1 minutes.
Education & Demographics
19.7% 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 1.6% White, 1.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.5% of the population being foreign-born.
How Greenfield Ranks in Tennessee
Cost of Living in Greenfield, TN
Compared to national averages, Greenfield has a median household income of $41,798 (44% below the national median of $75,149). Home values average $88,400, which is 64% below the national median. Monthly rent at $718 is 38% below the US average of $1,163. Within Tennessee, Greenfield's income is 33% below the state average of $62,849, and home values are 59% below the state median of $214,371.
Why Live in Greenfield, TN?
Greenfield offers affordable housing with a median home value of $88,400, below the US average of $244,900, and rent that’s lower than the national average at $718/month, and short commute times averaging just 24.1 minutes.
Potential considerations include median household income ($41,798) 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 2,085 with a median age of 41.5 years. Compare Greenfield with other cities to see how it stacks up, or explore all cities in Tennessee.
Similar Cities Near Greenfield
Cities in Tennessee with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dover | 2,080 | $72,616 | $199,300 | Compare |
| Falling Water | 2,090 | $113,160 | $398,400 | Compare |
| Caryville | 2,079 | $61,932 | $193,300 | Compare |
| South Fulton | 2,106 | $51,875 | $87,400 | Compare |
| Lookout Mountain | 2,112 | $195,063 | $761,600 | Compare |
| South Carthage | 2,049 | $47,610 | $195,800 | Compare |
| Lakesite | 2,026 | $92,847 | $299,300 | Compare |
| Jamestown | 2,156 | $24,688 | $96,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Tennessee
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, TN?
The population of Greenfield, TN is 2,085 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Tennessee.
What is the median household income in Greenfield?
The median household income in Greenfield, TN is $41,798 per year, which is 44% below the national median of $75,149.
What is the median home value in Greenfield?
The median home value in Greenfield, TN is $88,400, which is 64% 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, TN is $718, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Greenfield?
The unemployment rate in Greenfield, TN is 5.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Greenfield, TN a good place to live?
Greenfield offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,085 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Greenfield, TN?
19.7% 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, TN: median home value is $88,400 (64% below national), median rent is $718/month, and median household income is $41,798. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Greenfield?
The poverty rate in Greenfield, TN is 17.2%, 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, TN?
Greenfield's population is 1.6% White, 1.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 4.9% two or more races. 0.5% of residents are foreign-born.