Smithfield, KY
Population 164 · Kentucky
About Smithfield, KY
Smithfield is a small community in Kentucky with a population of 164 residents. The median household income is $49,688 per year, which is below the national average. The median age in Smithfield is 35.2 years.
Housing in Smithfield has a median home value of $165,000 and median monthly rent of $869. Of the 51 total housing units, the majority are owner-occupied, with 32 owner-occupied and 19 renter-occupied units.
The unemployment rate in Smithfield is 2.9% and the poverty rate is 17.7%. 1.9% of residents hold a bachelor's degree or higher. The average commute time is 26.1 minutes.
Cost of Living in Smithfield, KY
Compared to national averages, Smithfield has a median household income of $49,688 (34% below the national median of $75,149). Home values average $165,000, which is 33% below the national median. Monthly rent at $869 is 25% below the US average of $1,163. Within Kentucky, Smithfield's income is 25% below the state average of $66,273, and home values are 10% below the state median of $182,504.
Why Live in Smithfield, KY?
Smithfield offers affordable housing with a median home value of $165,000, below the US average of $244,900, and rent that’s lower than the national average at $869/month, and a strong job market with an unemployment rate of just 2.9%.
Potential considerations include median household income ($49,688) 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 164 with a median age of 35.2 years. Compare Smithfield with other cities to see how it stacks up, or explore all cities in Kentucky.
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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, KY?
The population of Smithfield, KY is 164 according to the latest Census data.
What is the median household income in Smithfield?
The median household income in Smithfield, KY is $49,688 per year.
What is the median home value in Smithfield?
The median home value in Smithfield, KY is $165,000.
What is the average rent in Smithfield?
The median monthly rent in Smithfield, KY is $869.
What is the unemployment rate in Smithfield?
The unemployment rate in Smithfield, KY is 2.9%.