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Greenfield, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,894
Population
$153,750
Median Income
$567,700
Home Value
44.4
Median Age

Demographics

Greenfield has a population of 2,894 with a median age of 44.4. Here is the racial and ethnic breakdown of the population:

White
90.0%
Other
3.8%
Black
3.5%
Hispanic
2.3%
Demographic Value
Total Population2,894
Median Age44.4
White90.0%
Black or African American3.5%
Asian0.4%
Hispanic or Latino2.3%
Other / Two or More Races3.8%
Greenfield, Minnesota — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 90.0%Other: 3.8%Black: 3.5%Hispanic/Latino: 2.3%Other: 0.4%2,894PopulationWhiteWhite90.0%OtherOther3.8%BlackBlack3.5%Hispanic/LatinoHispanic/Latino2.3%OtherOther0.4%

Income & Economy

The median household income in Greenfield is $153,750, which is 90.7% above the national median of $80,610. The per capita income is $70,352. The poverty rate is 1.2%.

$153,750
Median Household Income
$70,352
Per Capita Income
1.2%
Poverty Rate

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Education

In Greenfield, 98.4% of residents age 25+ have a high school diploma or higher, and 54.3% hold a bachelor's degree or higher (17.2% with a graduate or professional degree).

HS Diploma+
98.4%
Bachelor's+
54.3%
Graduate+
17.2%
Education Level % of Adults (25+)
High School Diploma or Higher98.4%
Bachelor's Degree or Higher54.3%
Graduate or Professional Degree17.2%

Housing

The median home value in Greenfield is $567,700, above the national median of $303,400. The homeownership rate is 98.4%.

$567,700
Median Home Value
98.4%
Homeownership Rate
Housing Metric Value
Median Home Value$567,700
Homeownership Rate98.4%
Vacancy Rate0.4%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Greenfield, Minnesota?
The population of Greenfield, Minnesota is 2,894 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Greenfield, Minnesota?
The median household income in Greenfield, Minnesota is $153,750. This is 90.7% above the national median of $80,610.
What is the median home value in Greenfield, Minnesota?
The median home value in Greenfield, Minnesota is $567,700.
What percentage of people in Greenfield have a college degree?
In Greenfield, Minnesota, 54.3% of adults age 25 and older hold a bachelor's degree or higher, and 98.4% have a high school diploma or higher.
Is Greenfield, Minnesota an affordable place to live?
The home price-to-income ratio in Greenfield, Minnesota is 3.7x (median home value $567,700 vs. median income $153,750), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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