Median Income
$58,125
household / year
Median Home Value
$46,400
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
89
national avg = 100

Is Smithfield, IL a Good Place to Live?

Smithfield is a small town of 159 in Illinois, with a median household income of $58,125 and a 13.0% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Smithfield stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Smithfield is right for you depends on your priorities — the full breakdown is below.

All Smithfield city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 88.6

Smithfield's overall cost of living index is 88.6, where 100 represents the US national average. Living in Smithfield costs roughly 11% less than the average American city.

Metric Smithfield, IL National Avg
Median Home Value $46,400 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 92.6% 65.9%
Median Household Income $58,125 $74,755

Crime & Safety

Crime data for Smithfield is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Smithfield, IL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 16.0% 35.4%
High School Diploma or Higher 86.6% 91.1%

Weather & Climate

Smithfield sees average highs of 32.7°F in January and 85.7°F in July, with 38.5 inches of annual precipitation and 21.3 inches of snow per year.

MetricSmithfield, IL
Average High — January32.7°F
Average High — July85.7°F
Annual Precipitation38.5"
Annual Snowfall21.3"

Demographics

MetricSmithfield, ILNational Avg
Population159—
Median Age48.238.9
Unemployment Rate13.0%3.7%
Avg Commute Time34.9 min26 min
White (non-Hispanic)99.4%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1815.7%22.2%
65 and over22.0%16.8%

Nearby Cities

ZIP Codes in Smithfield

Smithfield, IL is covered by 1 ZIP code:

Smithfield vs Other Cities

Frequently Asked Questions

Smithfield's cost of living index is 89, where 100 is the national average. That makes Smithfield roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $46,400 and median rent is N/A/month.
Crime data for Smithfield is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Smithfield, IL has a population of 159, a median household income of $58,125, and an unemployment rate of 13.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Smithfield averages 32.7°F in January and 85.7°F in July. Annual rainfall is 38.5 inches with about 21.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Smithfield, IL is covered by 1 ZIP code: 61477.
The population of Smithfield, Illinois is 159 with a median age of 48.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Smithfield: cost of living index 89 (100 = US average), median home $46,400, median household income $58,125. Whether these are benefits or drawbacks depends on where you're coming from — compare Smithfield side by side with your current city to see the trade-offs.