It has a population of 2,903 residents, according to the 2020 United States Census,[5] and is located 26.5 miles northwest of Minneapolis.

[7] Minnesota State Highway 55 serves as the main road in the city.

Nearby towns include Loretto, Rockford, Corcoran, Hanover, Buffalo, and Maple Grove.

The elementary focuses mainly on an arts program, while the middle and high schools put more of an emphasis on technology.

[11] Although the Rockford school district serves Rockford and most of Greenfield, a small portion of Greenfield is designated to the Buffalo-Hanover-Montrose (BHM) School District #877.

[12] Students in the district attend elementary school in Hanover for grades K-5; however, for grades 6–8, students are bussed to Buffalo Community Middle School in Buffalo, Minnesota.

[14] The Lake Rebecca Park Reserve sits on the southwestern edge of Greenfield.

In addition to the many outdoor opportunities found there, the park is a haven for wildlife.

Top industries that residents work under are Professional, scientific, management, administrative and waste management services (17.8%), Construction (17.1%), Educational services, health care and social assistance (15.3%), Manufacturing (11.8%), and Retail trade (8.5%).

Of Greenfield's residents, 94.2% are homeowners, compared to an average of 71.9% in the state of Minnesota.

13.5% of all households were made up of individuals, and 4.1% had someone living alone who was 65 years of age or older.

12.0% of all households were made up of individuals, and 2.8% had someone living alone who was 65 years of age or older.