Smithfield, VA
Full City Profile · Virginia · Isle of Wight County County
Smithfield, VA
At a Glance
How Smithfield Compares to the U.S. Average
Each bar shows Smithfield's value as a percentage of the national average (100% = U.S. avg)
Is Smithfield a Good Place to Live?
Economy & Jobs
Smithfield residents earn a median household income of $110,182 , which is 47% above the national average of $75,149. Per capita income is $55,446. The unemployment rate stands at 3.3% (8% below the U.S. rate of 3.6%). 4.9% of residents live below the poverty line. The area is home to 926 business establishments, including 68 restaurants.
Housing & Cost of Living
The median home value in Smithfield is $358,100 , 27% above the national median of $281,900. Zillow estimates the typical home at $407,033. Median rent is $1,182/month, with 28.4% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1991.
Safety & Crime
Smithfield reports 274 violent crimes per 100,000 residents , which is 28% below the national average of 380/100K. Property crime is 1,127/100K.
Education
34.4% of adults in Smithfield hold a bachelor's degree or higher (2% above the national average). 94.0% have completed high school. Local schools score 6.1/10 in standardized testing.
Climate & Weather
Smithfield has an average annual temperature of 60°F (15°C). Winters average 40°F in January while summers reach 79°F in July. Annual precipitation totals 45.1 inches.