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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

Housing Overview

Median Home Value
$165,000
41% below
US avg: $281,900
Median Rent
$869/mo
25% below
US avg: $1,163/mo
Homeownership Rate
62.7%
4% below US avg (65.4%)
Total Housing Units
66
Median year built: 1958

Home Value by Source

Census Median
$165,000
Zillow (ZHVI)
$359,461
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

62.7%
Owner-Occupied
37.3%
Renter-Occupied
63%
37%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$719/mo
1 Bedroom
$794/mo
2 Bedroom
$984/mo
3 Bedroom
$1,277/mo
4 Bedroom
$1,442/mo
Census median rent: $869/mo

Affordability & Housing Stock

Rent Burden
22.1%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1958
Average age of housing stock: 68 years
Homeownership Rate
62.7%

Complete Housing Data

Home Values

Census Median Value$165,000
Zillow Home Value (ZHVI)$359,461

Rent

Census Median Rent$869
FMR Studio$719
FMR 1-Bedroom$794
FMR 2-Bedroom$984
FMR 3-Bedroom$1,277
FMR 4-Bedroom$1,442

Market

Ownership & Stock

Owner-Occupied62.7%
Renter-Occupied37.3%
Homeownership Rate62.7%
Total Housing Units66
Median Year Built1958
Rent Burden22.1%