Living in Smithfield, North Carolina

Cost of living, income, home prices, rent and demographics of Smithfield · Census data 2020–2024

Smithfield has 12,116 residents with a median age of 44.9. The median household income is $43,270 (40% lower than the North Carolina median), the median home value is $242,500, the median rent is $658/month.

Smithfield at a glance

Population
12,116
Median age
44.9State: 39.1
Median household income
$43,270State: $72,388
Median home value
$242,500State: $288,900
Median rent
$658/moState: $1,228
Homeowners
58.7%
Bachelor's degree or higher
26.7%
Average commute
24 min

Is Smithfield a good place to live?

Pros: Home values 16% lower than the state median; an average commute of 24 minutes.

Cons: Median household income 40% lower than the North Carolina median; unemployment of 7.2%; a poverty rate of 27.3%.

The weather is best in April–May and September–October.

Cost of living in Smithfield

Housing is the biggest part of the cost of living. In Smithfield the median home value is $242,500, 27% lower than the U.S. median. Renters pay a median of $658 per month, which is 35.8% of household income. Homeowners with a mortgage pay $1,521 a month in housing costs.

Median home value

Smithfield$242,500
North Carolina$288,900
United States$332,700

Median monthly rent

Smithfield$658
North Carolina$1,228
United States$1,413

Smithfield median household income

The median household income in Smithfield is $43,270 and the income per person is $30,986. 27.3% of residents live below the poverty line (North Carolina: 13%).

Median household income

Smithfield$43,270
North Carolina$72,388
United States$80,734

Housing in Smithfield: homes for sale and rent

Housing units
5,617
Owner-occupied
58.7%
Renter-occupied
41.3%
Vacant
11.9%Includes seasonal homes
Median year built
1973
Average household size
2.33

Smithfield demographics

Population
12,116
Median age
44.9
Under 18
22.7%
65 and older
20.4%
Households
4,951
Foreign-born
7.9%
Veterans
8%Adults 18+

Race and ethnicity

White60.7%
Hispanic or Latino13.8%
Black23.1%
Asian1.9%

Hispanic or Latino can be of any race. Population history of Smithfield ›

Education in Smithfield

26.7% of adults 25 and older in Smithfield have a bachelor's degree or higher (North Carolina: 35.7%), and 8.9% have a graduate or professional degree.

Bachelor's degree or higher

Smithfield26.7%
North Carolina35.7%
United States35.7%

Jobs and commute in Smithfield

Unemployment rate
7.2%State: 4.7%
Average commute
24 minState: 25 min
Work from home
6.1%
Drive alone
82.7%
Public transit
0.1%
Walk to work
2.9%
Homes with broadband
83.1%

Smithfield vs nearby towns

TownPopulationMedian incomeHome valueRent
Smithfield12,116$43,270$242,500$658
Selma6,817$41,368$171,600$820
Wilson's Mills2,753$62,813$241,800$1,021
Pine Level2,031$75,263$221,000$804
Four Oaks2,459$72,826$253,700$1,081
Micro573$44,531$170,700$917
Clayton29,320$78,822$329,600$1,661
Archer Lodge5,186$91,188$324,500$1,458
Princeton1,658$45,500$215,400$690

More for people moving to Smithfield

Smithfield ZIP code ›Weather and climate ›

Living in Smithfield: FAQ

What is the median household income in Smithfield, NC?

The median household income in Smithfield is $43,270, 40% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Smithfield?

The median home value in Smithfield is $242,500, compared with $288,900 in North Carolina.

How much is rent in Smithfield?

The median gross rent in Smithfield is $658 per month, about 35.8% of household income.

Is Smithfield, NC a good place to live?

Pluses: home values 16% lower than the state median; an average commute of 24 minutes. Minuses: median household income 40% lower than the North Carolina median; unemployment of 7.2%; a poverty rate of 27.3%.

What is the median age in Smithfield?

The median age in Smithfield is 44.9 years (North Carolina: 39.1).

How long is the commute in Smithfield?

The average commute to work in Smithfield is 24 minutes; 6.1% of workers work from home.

What is the unemployment rate in Smithfield?

The unemployment rate in Smithfield is 7.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Smithfield?

26.7% of adults in Smithfield have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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