Smithfield, VA
Population 8,729 · Virginia
About Smithfield, VA
Smithfield is a small community in Virginia with a population of 8,729 residents. The median household income is $110,182 per year, which is above the national average. The median age in Smithfield is 46.9 years.
Housing in Smithfield has a median home value of $358,100 and median monthly rent of $1,182. Of the 3,646 total housing units, the majority are owner-occupied, with 2,846 owner-occupied and 607 renter-occupied units.
The unemployment rate in Smithfield is 3.3% and the poverty rate is 7.3%. 34.4% of residents hold a bachelor's degree or higher. The average commute time is 30.4 minutes.
Cost of Living in Smithfield, VA
Compared to national averages, Smithfield has a median household income of $110,182 (47% above the national median of $75,149). Home values average $358,100, which is 46% above the national median. Monthly rent at $1,182 is 2% above the US average of $1,163. Within Virginia, Smithfield's income is 25% above the state average of $87,957, and home values are 9% above the state median of $327,514.
Why Live in Smithfield, VA?
Smithfield offers a strong local economy with a median household income of $110,182, well above the national average, and a strong job market with an unemployment rate of just 3.3%, and a well-educated community where 34.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.3%, better than the national average.
Smithfield has a population of 8,729 with a median age of 46.9 years. Compare Smithfield with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Smithfield
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dunn Loring | 8,782 | $236,563 | $935,000 | Compare |
| Montrose | 8,624 | $45,063 | $170,000 | Compare |
| Rockwood | 8,834 | $90,804 | $312,500 | Compare |
| Fair Lakes | 8,617 | $130,789 | $575,500 | Compare |
| Hollymead | 8,566 | $121,795 | $413,700 | Compare |
| Innsbrook | 8,559 | $130,534 | $445,600 | Compare |
| Pulaski | 8,937 | $50,409 | $152,800 | Compare |
| Bellwood | 8,489 | $50,172 | $192,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
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, VA?
The population of Smithfield, VA is 8,729 according to the latest Census data.
What is the median household income in Smithfield?
The median household income in Smithfield, VA is $110,182 per year.
What is the median home value in Smithfield?
The median home value in Smithfield, VA is $358,100.
What is the average rent in Smithfield?
The median monthly rent in Smithfield, VA is $1,182.
What is the unemployment rate in Smithfield?
The unemployment rate in Smithfield, VA is 3.3%.