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Smithfield, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Smithfield, Illinois had a total population of 150, the 1269th largest village in Illinois, with a median household income of $65,000, which is 22% lower than the state average. The poverty rate is 4.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Smithfield Quick Facts

Population 150
Median Household Income $65,000
Median Home Value $58,800
Poverty Rate 4.0%
Unemployment Rate 8.2%
Median Age 39.8 years
Homeownership Rate 90.3%
Affordability Ratio 0.9x
Bachelor's Degree or Higher 22.1%
High School Graduation Rate 99.0%
Diversity Index 1/100
Population 150 1269th of 1,445
Median Income $65,000 average
Poverty Rate 4.0% 68% lower than national
Median Home Value $58,800 bottom 10%

How Smithfield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population169150-11.2%
Median household income$61,250$65,000+6.1%
Median home value$52,000$58,800+13.1%

How Smithfield Compares

Economy & Housing

Household Income Distribution

Under $25K 12.5%
$25K-$50K 25.0%
$50K-$100K 36.1%
$100K+ 26.4%
Detailed income brackets
Under $10K
1.4%
$10K-$15K
1.4%
$15K-$20K
0.0%
$20K-$25K
9.7%
$25K-$30K
4.2%
$30K-$35K
1.4%
$35K-$40K
5.6%
$40K-$45K
2.8%
$45K-$50K
11.1%
$50K-$60K
1.4%
$60K-$75K
25.0%
$75K-$100K
9.7%
$100K-$125K
5.6%
$125K-$150K
6.9%
$150K-$200K
8.3%
$200K+
5.6%

Employment

8.2% Unemployment Rate State: 5.8%|National: 5.2%
58.9% Labor Force Participation

Housing Overview

Owner 90.3%
Renter 9.7%
Affordability Index Very Affordable
0.9x home value to income ratio

People & Demographics

Diversity Index

1out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Smithfield Rankings in Illinois

#1269 Population of 1,445
#777 Median Income of 1,374
#532 Education of 1,444
#1291 Home Value of 1,372

Other Cities in Fulton County

CityPopulationMedian IncomePovertyHome Value
Canton 13,144 $53,254 15.2% $107,100
Lewistown 1,781 $54,000 11.5% $102,200
Cuba 1,004 $42,375 22.7% $63,900
Astoria 984 $50,536 15.2% $67,600
Vermont 698 $48,846 19.6% $57,000
Avon 694 $50,000 23.1% $62,200
Ipava 487 $48,698 22.6% $66,300
St. David 383 $54,583 16.1% $65,400
Fairview 324 $58,125 9.6% $91,400
Dunfermline 314 $70,833 11.8% $119,300

Cities Similar to Smithfield

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
New Grand Chain151N/A$63,3006.9%19.9%
Hettick153$65,000$142,50012.3%7.8%
Dana152$62,500$85,0005.1%9.9%
Holcomb152$68,125$130,60014.6%21.7%
Kell145$67,500$60,0004.9%2.8%

A note before these figures: with a population of 150, Smithfield's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Smithfield is a small community located in Illinois, within Fulton County. The total population is 150. It ranks as the 1269th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Smithfield is 39.8 years. This is 2% higher than the state median of 39.0 years. 10.7% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Smithfield is $65,000. This is 22% lower than the state median of $83,390. It is also 19% lower than the national median of $80,734. The poverty rate stands at 4.0%. This is 66% lower than the state poverty rate of 11.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 8.2%. This is 41% higher than the state rate of 5.8%. The median home value is $58,800. Housing costs are 78% lower than the state median of $263,300. With a home-value-to-income ratio of just 0.9x, Smithfield is one of the most affordable housing markets in the area. 90.3% of occupied housing units are owner-occupied. This homeownership rate is 35% higher than the state average of 67.1%.

Race & Ethnicity

Every resident counted in Smithfield was recorded as White (non-Hispanic). A figure of exactly 99.3% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 42% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 99.0%.

Data Sources & Methodology

All demographic data for Smithfield, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Smithfield, Illinois?

Smithfield, Illinois has a population of 150 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Smithfield, IL?

The median household income in Smithfield is $65,000, which is 19% lower than the national median of $80,734.

What is the poverty rate in Smithfield, IL?

The poverty rate in Smithfield is 4.0%. This means approximately 6 residents live below the federal poverty line.

What is the racial makeup of Smithfield, Illinois?

Smithfield's population is 99.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Smithfield, IL?

The median home value in Smithfield is $58,800. The home-value-to-income ratio is 0.9x.

How educated is Smithfield, Illinois?

22.1% of adults (25+) in Smithfield hold a bachelor's degree or higher, and 7.7% hold a graduate or professional degree.