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Greenfield, Indiana Demographics & Population 2026

During the 2020–2024 ACS period, Greenfield, Indiana had a total population of 24,940, the 41st largest city in Indiana, with a median household income of $76,127, which is 6% higher than the state average. The poverty rate is 5.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Greenfield Quick Facts

Population 24,940
Median Household Income $76,127
Median Home Value $216,400
Poverty Rate 5.3%
Unemployment Rate 3.3%
Median Age 38.8 years
Homeownership Rate 64.9%
Affordability Ratio 2.8x
Bachelor's Degree or Higher 26.3%
High School Graduation Rate 92.9%
Diversity Index 19/100
Population 24,940 41st of 967
Median Income $76,127 top 30%
Poverty Rate 5.3% 57% lower than national
Median Home Value $216,400 top 30%

How Greenfield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population24,30824,940+2.6%
Median household income$74,949$76,127+1.6%
Median home value$205,800$216,400+5.2%

How Greenfield Compares

Economy & Housing

Household Income Distribution

Under $25K 10.2%
$25K-$50K 19.7%
$50K-$100K 35.2%
$100K+ 34.8%
Detailed income brackets
Under $10K
3.0%
$10K-$15K
2.3%
$15K-$20K
2.3%
$20K-$25K
2.6%
$25K-$30K
1.6%
$30K-$35K
5.3%
$35K-$40K
5.3%
$40K-$45K
4.4%
$45K-$50K
3.1%
$50K-$60K
7.1%
$60K-$75K
12.4%
$75K-$100K
15.8%
$100K-$125K
11.0%
$125K-$150K
8.2%
$150K-$200K
9.2%
$200K+
6.5%

Employment

3.3% Unemployment Rate State: 4.3%|National: 5.2%
66.1% Labor Force Participation

Housing Overview

Owner 64.9%
Renter 35.1%
Affordability Index Very Affordable
2.8x home value to income ratio
Median gross rent $1,177/mo 18.6% of median household income annually

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Greenfield Rankings in Indiana

#41 Population of 967
#232 Median Income of 796
#214 Education of 966
#189 Home Value of 818

Other Cities in Hancock County

CityPopulationMedian IncomePovertyHome Value
McCordsville 10,329 $110,692 0.9% $345,400
Fortville 4,976 $84,000 5.1% $254,900
New Palestine 3,227 $96,923 5.7% $357,500
Shirley 1,022 $67,083 9.4% $113,100
Wilkinson 385 $81,250 4.7% $133,700
Spring Lake 224 $50,938 0.9% $169,400

Cities Similar to Greenfield

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Highland23,680$78,062$233,30029.5%11.6%
Franklin26,168$82,380$231,50027.8%11.0%
Hobart29,558$75,160$215,20021.2%10.0%
Avon23,437$98,486$323,80040.1%5.7%
Seymour22,371$64,426$162,80018.1%15.5%

Population Overview

Greenfield is a small city located in Indiana, within Hancock County. The total population is 24,940. It ranks as the 41st most populous out of 967 Census-designated places in Indiana.

Age Demographics

The median age in Greenfield is 38.8 years. This is 2% higher than the state median of 38.1 years.

Economy, Income & Housing

The median household income in Greenfield is $76,127. This is 6% higher than the state median of $71,957. It is also 6% lower than the national median of $80,734. The poverty rate stands at 5.3%. This is 57% lower than the state poverty rate of 12.3%. The unemployment rate is 3.3%. This is 24% lower than the state rate of 4.3%. The median home value is $216,400. Housing costs are about the same as the state median of $218,200. With a home-value-to-income ratio of just 2.8x, Greenfield is one of the most affordable housing markets in the area. 64.9% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 70.5%.

Race & Ethnicity

Greenfield has a predominantly White (non-Hispanic) population, comprising 89.6% of all residents. Hispanic or Latino residents account for 3.1%. The Black or African American population (2.1%) is well below the state average of 9.1%. The Hispanic or Latino population (3.1%) is well below the state average of 8.6%.

Education

26.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.

Data Sources & Methodology

All demographic data for Greenfield, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Greenfield, Indiana?

Greenfield, Indiana has a population of 24,940 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Greenfield, IN?

The median household income in Greenfield is $76,127, which is 6% lower than the national median of $80,734.

What is the poverty rate in Greenfield, IN?

The poverty rate in Greenfield is 5.3%. This means approximately 1,299 residents live below the federal poverty line.

What is the racial makeup of Greenfield, Indiana?

Greenfield's population is 89.6% White, 2.1% Black, 3.1% Hispanic/Latino, and 1.7% Asian.

What is the median home value in Greenfield, IN?

The median home value in Greenfield is $216,400. The home-value-to-income ratio is 2.8x.

How educated is Greenfield, Indiana?

26.3% of adults (25+) in Greenfield hold a bachelor's degree or higher, and 8.9% hold a graduate or professional degree.