All Countries
Smithfield, VA
Full City Profile · Virginia · Isle of Wight County County
3.7
/5.0
B+
Good
8,729
Population
897/sq mi density
$110,182
Median Income
$55,446 per capita
$358,100
Home Value
$387,540 Zillow
$1,182
Median Rent
28.4% income on rent
59°F
Avg Temperature
299 sunny days/yr
200
Violent Crime/100K
1,768 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$110,182 median income, 2.0% unemployment
A+
Affordability
4.9 / 5.0
$358,100 home value, $1,182/mo rent
F
Safety
1.0 / 5.0
200 violent crimes/100K
B+
Education
3.8 / 5.0
34.4% bachelor's degree or higher
Income Overview
Median Household Income
$110,182
47% above
US avg: $75,149
Per Capita Income
$55,446
42% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
4.9%
60% below
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
$110,182
147%
Per Capita
US: $39,052
$55,446
142%
IRS Avg AGI
US: $72,000
$87,519
122%
Avg Weekly Wage
US: $1,432
$1,122
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,122
22% below US avg ($1,432)
Mean Commute Time
30 min
10% above US avg (28 min)
Work From Home
12.4%
18% below US avg (15.2%)
Drive Alone
79.1%
8% above US avg (73.2%)
Public Transit
0.1%
98% below US avg (5.0%)
County GDP
$1,653M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.1%
Public Transit
0.1%
Work From Home
12.4%
Other
8.4%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
926
Restaurants
68
Healthcare
72
Retail
106
Manufacturing
21
Tax & Financial
IRS Avg Adjusted Gross Income
$87,519
22% above US avg ($72,000)
Avg Property Tax
$3,641
4% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $110,182 |
| Per Capita Income | $55,446 |
| IRS Avg Adjusted Gross Income | $87,519 |
| Avg Weekly Wage | $1,122 |
| County GDP | $1,653M |
Hardship Indicators
| Unemployment Rate | 2.0% |
| Poverty Rate | 4.9% |
| Gini Coefficient | 0.436 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 79.1% |
| Public Transit | 0.1% |
| Work From Home | 12.4% |
Businesses
| Total Establishments | 926 |
| Restaurants | 68 |
| Healthcare | 72 |
| Retail | 106 |
| Manufacturing | 21 |
Tax
| IRS Avg AGI | $87,519 |
| Avg Property Tax | $3,641 |