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Smithfield, KY
Full City Profile · Kentucky · Henry County County
2.6
/5.0
C+
Fair
164
Population
1,171/sq mi density
$49,688
Median Income
$21,889 per capita
$165,000
Home Value
$359,461 Zillow
$869
Median Rent
22.1% income on rent
55°F
Avg Temperature
290 sunny days/yr
40
Violent Crime/100K
874 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$49,688 median income, 2.3% unemployment
A+
Affordability
4.8 / 5.0
$165,000 home value, $869/mo rent
F
Safety
1.0 / 5.0
40 violent crimes/100K
F
Education
1.2 / 5.0
1.9% bachelor's degree or higher
Income Overview
Median Household Income
$49,688
34% below
US avg: $75,149
Per Capita Income
$21,889
44% below
US avg: $39,052
Unemployment Rate
2.3%
36% below
US avg: 3.6%
Poverty Rate
17.8%
44% above
US avg: 12.4%
Income Comparison: Smithfield vs. U.S. Average
Each bar shows Smithfield’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$49,688
66%
Per Capita
US: $39,052
$21,889
56%
IRS Avg AGI
US: $72,000
$61,623
86%
Avg Weekly Wage
US: $1,432
$957
67%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$957
33% below US avg ($1,432)
Mean Commute Time
26 min
5% below US avg (28 min)
Work From Home
2.0%
87% below US avg (15.2%)
Drive Alone
91.1%
24% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$476M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
91.1%
Public Transit
0%
Work From Home
2%
Other
6.9%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
404
Restaurants
14
Healthcare
21
Retail
41
Manufacturing
6
Tax & Financial
IRS Avg Adjusted Gross Income
$61,623
14% below US avg ($72,000)
Avg Property Tax
$3,344
4% below US avg ($3,500)
Cost of Living Index
90.2
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $49,688 |
| Per Capita Income | $21,889 |
| IRS Avg Adjusted Gross Income | $61,623 |
| Avg Weekly Wage | $957 |
| County GDP | $476M |
Hardship Indicators
| Unemployment Rate | 2.3% |
| Poverty Rate | 17.8% |
| Gini Coefficient | 0.447 |
| Cost of Living Index | 90.2 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 91.1% |
| Public Transit | 0.0% |
| Work From Home | 2.0% |
Businesses
| Total Establishments | 404 |
| Restaurants | 14 |
| Healthcare | 21 |
| Retail | 41 |
| Manufacturing | 6 |
Tax
| IRS Avg AGI | $61,623 |
| Avg Property Tax | $3,344 |