Smithfield, IL
Population 169 · Illinois
About Smithfield, IL
Smithfield is a small community in Illinois with a population of 169 residents. The median household income is $61,250 per year, which is near the national average. The median age in Smithfield is 48.1 years.
Housing in Smithfield has a median home value of $52,000 and median monthly rent of $0. Of the 112 total housing units, the majority are owner-occupied, with 80 owner-occupied and 3 renter-occupied units.
The unemployment rate in Smithfield is 14.8% and the poverty rate is 18.3%. 18.7% of residents hold a bachelor's degree or higher. The average commute time is 39.1 minutes.
How Smithfield Ranks in Illinois
Cost of Living in Smithfield, IL
Compared to national averages, Smithfield has a median household income of $61,250 (18% below the national median of $75,149). Home values average $52,000, which is 79% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Smithfield's income is 18% below the state average of $75,072, and home values are 69% below the state median of $165,779.
Why Live in Smithfield, IL?
Smithfield offers affordable housing with a median home value of $52,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($61,250) that falls below the national average. However, Smithfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Smithfield has a population of 169 with a median age of 48.1 years. Compare Smithfield with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Smithfield
What is the population of Smithfield, IL?
The population of Smithfield, IL is 169 according to the latest Census data.
What is the median household income in Smithfield?
The median household income in Smithfield, IL is $61,250 per year.
What is the median home value in Smithfield?
The median home value in Smithfield, IL is $52,000.
What is the average rent in Smithfield?
The median monthly rent in Smithfield, IL is $0.
What is the unemployment rate in Smithfield?
The unemployment rate in Smithfield, IL is 14.8%.