Greenfield, MN Profile: Facts & Data

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Greenfield, Minnesota - Basic Facts

The City of Greenfield had a population of 2,951 as of July 1, 2019. Greenfield ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Minnesota. See peer rankings below.

The primary coordinate point for Greenfield is located at latitude 45.1033 and longitude -93.6914 in Hennepin County. The formal boundaries for the City of Greenfield encompass a land area of 20.4 sq. miles and a water area of 1.15 sq. miles. Hennepin County is in the Central time zone (GMT -6). The elevation is 1,001 feet.

The City of Greenfield (GNIS ID: 2394988) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Greenfield: City of Greenfield.

Jump to... (On This Page!)
  1. Greenfield 2019 Demographic Data
  2. Growth Rates for Greenfield (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Minnesota Research Tools (Easy Tools & Current Data)
  3. Minnesota Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Greenfield, MN Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Greenfield, MN Housing Affordability Index is 138
State of Minnesota Housing Affordability Index is 135
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Greenfield, MN Wealth Index is 265
State of Minnesota Wealth Index is 112
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Minnesota address.

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  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 2,951
Population in Households 2,951
Population in Familes 2,621
Population in Group Qrtrs 0
Population Density 145
Diversity Index1 12
 

INCOME

Median Household Income $129,088
Average Household Income $167,493
Per Capita Income $57,063
Wealth Index3 265

HOUSING

Total Housing Units 1,002 (100%)
Owner Occupied HU 889 (88.7%)
Renter Occupied HU 93 ( 9.3%)
Vacant Housing Units 19 ( 1.9%)
Median Home Value $442,442
Housing Affordability Index2 138
 

HOUSEHOLDS

Total Households 983
Average Household Size 3.0
Family Households 784
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.66% 0.76%
Households 0.53% 0.6%
Families 0.18% 0.6%
Median Household Income   3.63%
Per Capita Income   2.73%

Greenfield, MN - Peer Comparisons by Rank and Percentile

The table below compares Greenfield to the other 903 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 214 76th
Population Density # 754 17th
Diversity Index # 556 38th
Median Household Income # 14 99th
Per Capita Income # 28 97th

Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.

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