Living in Greenfield, Minnesota

Cost of living, income, home prices, rent and demographics of Greenfield · Census data 2020–2024

Greenfield has 2,894 residents with a median age of 44.4. The median household income is $153,750 (73% higher than the Minnesota median), the median home value is $567,700.

Greenfield at a glance

Population
2,894
Median age
44.4State: 38.8
Median household income
$153,750State: $89,062
Median home value
$567,700State: $329,300
Homeowners
98.4%
Bachelor's degree or higher
54.3%
Average commute
33 min

Is Greenfield a good place to live?

Pros: Median household income 73% higher than the Minnesota median; unemployment of 0.4%; a poverty rate of 1.2%.

Cons: Home values 72% higher than the state median; an average commute of 33 minutes.

The weather is best in June to September.

Cost of living in Greenfield

Housing is the biggest part of the cost of living. In Greenfield the median home value is $567,700, 71% higher than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,742 a month in housing costs.

Median home value

Greenfield$567,700
Minnesota$329,300
United States$332,700

Median monthly rent

Minnesota$1,280
United States$1,413

Greenfield median household income

The median household income in Greenfield is $153,750 and the income per person is $70,352. 1.2% of residents live below the poverty line (Minnesota: 9.3%).

Median household income

Greenfield$153,750
Minnesota$89,062
United States$80,734

Housing in Greenfield: homes for sale and rent

Housing units
1,032
Owner-occupied
98.4%
Renter-occupied
1.6%
Vacant
0.4%Includes seasonal homes
Median year built
1994
Average household size
2.82

Greenfield demographics

Population
2,894
Median age
44.4
Under 18
24.1%
65 and older
14.5%
Households
1,028
Foreign-born
2.2%
Veterans
5.2%Adults 18+

Race and ethnicity

White90%
Hispanic or Latino2.3%
Black3.5%
Asian0.4%

Hispanic or Latino can be of any race. Population history of Greenfield ›

Education in Greenfield

54.3% of adults 25 and older in Greenfield have a bachelor's degree or higher (Minnesota: 39.4%), and 17.2% have a graduate or professional degree.

Bachelor's degree or higher

Greenfield54.3%
Minnesota39.4%
United States35.7%

Jobs and commute in Greenfield

Unemployment rate
0.4%State: 4.1%
Average commute
33 minState: 23 min
Work from home
15.7%
Drive alone
82%
Public transit
0%
Walk to work
0.4%
Homes with broadband
89.4%

Greenfield vs nearby towns

TownPopulationMedian incomeHome valueRent
Greenfield2,894$153,750$567,700—
Rockford4,597$94,162$329,200$1,046
Loretto784$114,167$361,500$630
Hanover3,626$156,536$447,900$1,853
Independence3,694$186,597$663,400$3,469
Corcoran7,302$133,423$569,400—
Maple Plain1,701$93,750$359,900$1,140
Delano6,942$109,946$375,200$964
Medina6,968$230,859$736,700$1,429

More for people moving to Greenfield

Greenfield ZIP code ›Weather and climate ›

Living in Greenfield: FAQ

What is the median household income in Greenfield, MN?

The median household income in Greenfield is $153,750, 73% higher than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Greenfield?

The median home value in Greenfield is $567,700, compared with $329,300 in Minnesota.

Is Greenfield, MN a good place to live?

Pluses: median household income 73% higher than the Minnesota median; unemployment of 0.4%; a poverty rate of 1.2%. Minuses: home values 72% higher than the state median; an average commute of 33 minutes.

What is the median age in Greenfield?

The median age in Greenfield is 44.4 years (Minnesota: 38.8).

How long is the commute in Greenfield?

The average commute to work in Greenfield is 33 minutes; 15.7% of workers work from home.

What is the unemployment rate in Greenfield?

The unemployment rate in Greenfield is 0.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Greenfield?

54.3% of adults in Greenfield have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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