Smithfield village, Illinois Demographics & Population 2026

Population Overview

Smithfield village is a small community located in Illinois. The total population is 169. It ranks as the 1249th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Smithfield village is 48.1 years. This is 24% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Smithfield village is $61,250. This is 25% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 18.3%. This is 56% higher than the state poverty rate of 11.7%. The unemployment rate is 14.8%. This is 155% higher than the state rate of 5.8%. The median home value is $52,000. Housing costs are 79% lower than the state median of $250,500. With a home-value-to-income ratio of just 0.8x, Smithfield village is one of the most affordable housing markets in the area. 96.4% of occupied housing units are owner-occupied. This homeownership rate is 44% higher than the state average of 66.8%.

Race & Ethnicity

Smithfield village has a predominantly White (non-Hispanic) population, comprising 99.4% of all residents. The White (non-Hispanic) population is significantly higher than the state average (99.4% vs 58.8%).

Education

18.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.9%.

Data Sources & Methodology

All demographic data for Smithfield village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.