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Virginia · Census place 73200

Smithfield town, VA

Quick answer

Smithfield town has 8,729 residents, ranking #141 of 688 places in Virginia. Median household income is $110,182, the median home is worth $358,100 and median gross rent runs $1,182 a month.

Population
8,729Smithfield town residents
Median household income
$110,182Past 12 months, inflation adjusted
Median home value
$358,100Owner-occupied units
Median gross rent
$1,182Rent plus utilities, monthly
Median age
46.9 yrsAll residents
Homeownership rate
82.4%Owner-occupied households

What the numbers mean in Smithfield town

Housing cost measured against local earnings.

A household earning the Smithfield town median would spend about 12.9% 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 7.3% of residents and 82.4% 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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