Living in Smithfield, Rhode Island

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

Smithfield has 22,233 residents with a median age of 41.8. The median household income is $102,077 (16% higher than the Rhode Island median), the median home value is $446,400, the median rent is $1,016/month.

Smithfield at a glance

Population
22,233
Median age
41.8State: 40.6
Median household income
$102,077State: $87,796
Median home value
$446,400State: $404,200
Median rent
$1,016/moState: $1,342
Homeowners
81.6%
Bachelor's degree or higher
40%
Average commute
25 min

Is Smithfield a good place to live?

Pros: Median household income 16% higher than the Rhode Island median; an average commute of 25 minutes; a poverty rate of 6.2%.

Cons: Home values 10% higher than the state median; unemployment of 6%.

The weather is best in June to September.

Cost of living in Smithfield

Housing is the biggest part of the cost of living. In Smithfield the median home value is $446,400, 34% higher than the U.S. median. Renters pay a median of $1,016 per month, which is 36.2% of household income. Homeowners with a mortgage pay $2,336 a month in housing costs.

Median home value

Smithfield$446,400
Rhode Island$404,200
United States$332,700

Median monthly rent

Smithfield$1,016
Rhode Island$1,342
United States$1,413

Smithfield median household income

The median household income in Smithfield is $102,077 and the income per person is $46,875. 6.2% of residents live below the poverty line (Rhode Island: 11.2%).

Median household income

Smithfield$102,077
Rhode Island$87,796
United States$80,734

Housing in Smithfield: homes for sale and rent

Housing units
8,220
Owner-occupied
81.6%
Renter-occupied
18.4%
Vacant
3.5%Includes seasonal homes
Median year built
1976
Average household size
2.35

Smithfield demographics

Population
22,233
Median age
41.8
Under 18
16.9%
65 and older
21.1%
Households
7,934
Foreign-born
5.4%
Veterans
4.5%Adults 18+

Race and ethnicity

White87.7%
Hispanic or Latino6.7%
Black1.7%
Asian2.2%

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

Education in Smithfield

40% of adults 25 and older in Smithfield have a bachelor's degree or higher (Rhode Island: 37.7%), and 15.8% have a graduate or professional degree.

Bachelor's degree or higher

Smithfield40%
Rhode Island37.7%
United States35.7%

Jobs and commute in Smithfield

Unemployment rate
6%State: 5.8%
Average commute
25 minState: 26 min
Work from home
14%
Drive alone
74.8%
Public transit
0.7%
Walk to work
5.3%
Homes with broadband
92%

Smithfield vs nearby towns

TownPopulationMedian incomeHome valueRent
Smithfield22,233$102,077$446,400$1,016
Greenville8,296$97,234$434,700$1,264
Harmony1,006$120,235$341,400—
Lincoln22,864$104,821$450,600$1,468
North Providence34,293$83,756$355,900$1,405
Johnston29,835$91,866$355,500$1,275
North Smithfield12,708$108,866$457,200$1,282
Cumberland Hill8,648$130,506$394,300$1,310
Chepachet1,923$92,971$279,400$936

More for people moving to Smithfield

Smithfield ZIP code ›Weather and climate ›

Living in Smithfield: FAQ

What is the median household income in Smithfield, RI?

The median household income in Smithfield is $102,077, 16% higher than the Rhode Island median of $87,796 (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 $446,400, compared with $404,200 in Rhode Island.

How much is rent in Smithfield?

The median gross rent in Smithfield is $1,016 per month, about 36.2% of household income.

Is Smithfield, RI a good place to live?

Pluses: median household income 16% higher than the Rhode Island median; an average commute of 25 minutes; a poverty rate of 6.2%. Minuses: home values 10% higher than the state median; unemployment of 6%.

What is the median age in Smithfield?

The median age in Smithfield is 41.8 years (Rhode Island: 40.6).

How long is the commute in Smithfield?

The average commute to work in Smithfield is 25 minutes; 14% of workers work from home.

What is the unemployment rate in Smithfield?

The unemployment rate in Smithfield is 6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Smithfield?

40% 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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