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ZipNumbers

Kentucky · Census place 71364

Smithfield city, KY

Quick answer

Smithfield city has 164 residents, ranking #480 of 554 places in Kentucky. Median household income is $49,688, the median home is worth $165,000 and median gross rent runs $869 a month.

Population
164Smithfield city residents
Median household income
$49,688Past 12 months, inflation adjusted
Median home value
$165,000Owner-occupied units
Median gross rent
$869Rent plus utilities, monthly
Median age
35.2 yrsAll residents
Homeownership rate
62.7%Owner-occupied households

What the numbers mean in Smithfield city

Housing cost measured against local earnings.

A household earning the Smithfield city median would spend about 21% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.7% of residents and 62.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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