Smithtown, NY
Population 24,940 · New York
About Smithtown, NY
Smithtown is a mid-sized city located in New York with a population of 24,940 residents according to the latest US Census Bureau American Community Survey data. The median household income is $148,852 per year, which is 98% above the national median of $75,149. The median age of 47.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Smithtown features a median home value of $661,400, which is 170% above the national median of $244,900. This places Smithtown in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,851, 59% above the national average of $1,163/month. Of the 8,414 total housing units, 88% are owner-occupied (7,262 units) and 12% are renter-occupied (982 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Smithtown shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Smithtown have an average one-way commute time of 32.9 minutes.
Education & Demographics
50.2% of Smithtown residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.2% White, 1.8% Hispanic or Latino, 3.9% Black or African American, and 6.1% Asian residents, with 8.0% of the population being foreign-born.
Cost of Living in Smithtown, NY
Compared to national averages, Smithtown has a median household income of $148,852 (98% above the national median of $75,149). Home values average $661,400, which is 170% above the national median. Monthly rent at $1,851 is 59% above the US average of $1,163. Within New York, Smithtown's income is 53% above the state average of $96,987, and home values are 71% above the state median of $387,181.
Why Live in Smithtown, NY?
Smithtown offers a strong local economy with a median household income of $148,852, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a well-educated community where 50.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $661,400. However, Smithtown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Smithtown has a population of 24,940 with a median age of 47.5 years. Compare Smithtown with other cities to see how it stacks up, or explore all cities in New York.
Similar Cities Near Smithtown
Cities in New York with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dix Hills | 25,042 | $219,636 | $891,400 | Compare |
| Watertown | 24,574 | $49,692 | $149,800 | Compare |
| Peekskill | 25,484 | $91,042 | $376,800 | Compare |
| Medford | 25,681 | $128,631 | $444,500 | Compare |
| Rockville Centre | 25,770 | $144,516 | $796,100 | Compare |
| Kingston | 23,942 | $65,413 | $277,900 | Compare |
| Plainview | 26,251 | $185,531 | $729,100 | Compare |
| Holbrook | 26,256 | $139,116 | $504,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New York
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Smithtown With Other Cities
Frequently Asked Questions about Smithtown
What is the population of Smithtown, NY?
The population of Smithtown, NY is 24,940 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in New York.
What is the median household income in Smithtown?
The median household income in Smithtown, NY is $148,852 per year, which is 98% above the national median of $75,149.
What is the median home value in Smithtown?
The median home value in Smithtown, NY is $661,400, which is 170% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Smithtown?
The median monthly rent in Smithtown, NY is $1,851, which is 59% above the national average of $1,163/month.
What is the unemployment rate in Smithtown?
The unemployment rate in Smithtown, NY is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Smithtown, NY a good place to live?
Smithtown offers above-average incomes, a competitive housing market, and a strong job market. With a population of 24,940 and a median age of 47.5, the city appeals to established professionals and retirees.
How educated is Smithtown, NY?
50.2% of residents in Smithtown aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Smithtown?
Key cost-of-living indicators for Smithtown, NY: median home value is $661,400 (170% above national), median rent is $1,851/month, and median household income is $148,852. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Smithtown?
The poverty rate in Smithtown, NY is 3.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Smithtown, NY?
Smithtown's population is 0.2% White, 1.8% Hispanic or Latino, 3.9% Black or African American, 6.1% Asian, and 0.6% two or more races. 8.0% of residents are foreign-born.