Photo: Nyttend · Public domainMeasured against area pay, Greenfield Township costs more to live in than 52% of U.S. towns
Home prices around Greenfield Township have risen about 58% over the past 5 years. Builders were permitted 3 new homes in 2025.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Norwalk, OH micro area ($68K). How TownRatings grades cost of living
The grade compares costs with what households across the Norwalk-area micro earn ($68K, Census 2020–24). Even so, the typical home costs 3.2 years of area income, and 52% of renters pay 30% or more of income for housing.
In dollars
- $1,020a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 3.2 yrsof area income buys the typical home; the typical U.S. town: 3.3$68K, Norwalk-area income
- 30%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 11%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Greenfield Township
What’s behind Greenfield Township’s grade
Measured against what households in the area earn, Greenfield Township is more affordable than 48% of U.S. towns. Rent pulls the grade down most; the share of households paying 30%+ for housing holds it up.
Home prices up 58% in 5 years
The federal house price index for the ZIP codes around Greenfield Township rose 58% over the past 5 years, faster than across Ohio (53%). Last year prices rose 6.3%. Carrying the Census median home value forward with that index puts the typical Greenfield Township home at roughly $276,000 today.
Carrying the Census median forward with the index puts a typical home at about $276K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Greenfield Township, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A year’s rent takes 30% of area income
The calculator starts from the area income the grade uses. Switch to Greenfield Township’s own median, or type yours.
That’s $17K short of a typical Greenfield Township home.
A two-bedroom rents for about $1,020 a month here, $670 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Greenfield Township’s typical property tax (1.07% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,020
Renters already here pay a median of $1,702.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Huron County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
3 new homes permitted in 2025
Builders were permitted 3 new homes in Greenfield Township in 2025, all single-family houses. That's 2.1 per 1,000 residents, slower than across Ohio (3.3). Over the past 10 years, Greenfield Township has permitted 22 homes in all.
Between the 2010 and 2020 censuses, Greenfield Township's population fell by 54 even though 53 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Ohio: 1.3 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $1.2 million |
| 2025 | 3 | 3 | 0 | $910,000 |
| 2024 | 3 | 3 | 0 | $910,000 |
| 2023 | 2 | 2 | 0 | $606,000 |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 14 | 14 | 0 | $2.6 million |
| 2015 | 14 | 14 | 0 | $2.6 million |
| 2014 | 14 | 14 | 0 | $2.6 million |
| 2013 | 1 | 1 | 0 | $121,000 |
| 2012 | 1 | 1 | 0 | $121,000 |
| 2011 | 3 | 3 | 0 | $364,000 |
| 2010 | 6 | 6 | 0 | $727,000 |
| 2009 | 6 | 6 | 0 | $727,000 |
| 2008 | 5 | 5 | 0 | $605,000 |
| 2007 | 10 | 10 | 0 | $1.2 million |
| 2006 | 11 | 11 | 0 | $1.3 million |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 7 | 7 | 0 | $341,000 |
| 2003 | 6 | 6 | 0 | $292,000 |
| 2002 | 6 | 6 | 0 | $292,000 |
| 2001 | 6 | 6 | 0 | $292,000 |
| 2000 | 6 | 6 | 0 | $292,000 |
Greenfield Township's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Property tax runs below the Ohio norm
The median bill is $2,345 (Ohio: $2,822), 1.07% of a home’s value a year, against 1.31% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
Greenfield Township vs. its neighbors
Zillow publishes no value for Greenfield Township. Peru Township and Norwich Township and Richmond Township and Fairfield Township and New Haven Township have no Zillow value, so they are in the table only.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Greenfield Township | B− | — | $219K | 1.07% | $1,020 |
| Willard | A− | $167K | $116K | 1.02% | $970 |
| Norwich Township | A | — | $228K | 0.86% | $970 |
| Peru Township | C− | — | $301K | 1.12% | $1,100 |
| Fairfield Township | A− | — | $143K | 1.08% | $1,080 |
| New Haven Township | A− | — | $131K | 1.12% | $1,000 |
| Sherman Township | – | — | $175K | 0.77% | $1,030 |
| Richmond Township | – | — | $218K | 0.96% | $980 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures. “—” under Cost: not graded (too little Census data, or under 1,000 residents).
Questions about the cost of living in Greenfield Township
Is Greenfield Township expensive to live in?
Measured against what households in the area earn, Greenfield Township costs more than 52% of U.S. towns: a B− for cost of living. The typical home costs 3.2 years of the median household income of the Norwalk, OH micro area ($68K).
How much is rent in Greenfield Township?
HUD puts a two-bedroom at about $1,020 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,702 (Census 2020–24).
What are property taxes in Greenfield Township?
The median bill is $2,345 a year, 1.07% of the median home value (Ohio: $2,822, 1.31%), from the Census 2020–24.
Neighbors talk housing
What Greenfield Township buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.