Greenfield, IN Economy


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Greenfield, IN is a town in Hancock County with a population of 20,602 people according to the 2010 census. The town is located east of Indianapolis and is part of the Indianapolis metropolitan area. The town's economy is based on manufacturing, agriculture, and healthcare. Some notable companies headquartered in Greenfield include Eli Lilly and Company, Hancock Health, and Honda Manufacturing of Indiana. The climate in Greenfield is typical of the Midwest with hot summers and cold winters.

Greenfield has an unemployment rate of 3.5%. The US average is 6.0%.

Greenfield has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.

Tax Rates for Greenfield
- The Sales Tax Rate for Greenfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenfield is 4.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Greenfield
- The average income of a Greenfield resident is $24,458 a year. The US average is $28,555 a year.
- The Median household income of a Greenfield resident is $63,952 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenfield, IndianaUnited States
  3.56
  -4.7%-6.2%
  40.8%33.5%
  7.0%6.2%
  4.9%4.6%
  $31,994$37,638
  $63,952$69,021
  $77,959$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  9.6%6.8%
  15.7%10.0%
  1.7%2.5%
  11.3%11.0%
  6.3%4.8%
  0.4%0.8%
  1.7%1.9%
  4.5%4.7%
  1.9%1.9%
  5.9%7.6%
  0.2%0.1%
  2.9%4.2%
  8.3%9.3%
  14.7%14.0%
  1.4%2.1%
  7.6%7.0%
  2.6%4.8%
  2.5%4.7%
Reviews for Greenfield
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Over 14 years ago

Three generations in the same community. If you are looking for the classic small town community this is it.  More

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Over 16 years ago

hancock county,there way is to help you lose your job,if you committ a small crime.such as a p.i.and you cannot not get out of jail, you lose your job.I can understand  More

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