Smithfield, Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Smithfield, Virginia had a total population of 8,834, the 143rd largest town in Virginia, with a median household income of $113,158, which is 21% higher than the state average. The poverty rate is 5.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Smithfield Quick Facts
How Smithfield Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 8,729 | 8,834 | +1.2% |
| Median household income | $110,182 | $113,158 | +2.7% |
| Median home value | $358,100 | $374,900 | +4.7% |
How Smithfield Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Smithfield Rankings in Virginia
Explore Virginia Rankings
Other Cities in Isle of Wight County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Carrollton | 8,436 | $110,956 | 6.8% | $423,900 |
| Windsor | 2,852 | $68,661 | 11.7% | $280,800 |
| Benns Church | 1,813 | $56,151 | 5.0% | $338,800 |
| Rushmere | 1,033 | $73,750 | 2.6% | $350,000 |
| Camptown | 834 | $85,560 | 3.4% | N/A |
| Carrsville | 363 | N/A | 0.0% | $242,700 |
Cities Similar to Smithfield
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Carrollton | 8,436 | $110,956 | $423,900 | 39.9% | 6.8% |
| Hollymead | 8,482 | $118,250 | $435,300 | 63.8% | 4.3% |
| Fair Lakes | 8,894 | $127,332 | $588,200 | 65.5% | 5.5% |
| Fort Belvoir | 8,449 | $104,205 | N/A | 55.0% | 2.9% |
| Innsbrook | 8,578 | $129,436 | $463,500 | 66.7% | 5.0% |
Population Overview
Smithfield is a small city located in Virginia, within Isle of Wight County. The total population is 8,834. It ranks as the 143rd most populous out of 681 Census-designated places in Virginia.
Age Demographics
The median age in Smithfield is 46.3 years. This is 19% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Smithfield is $113,158. This is 21% higher than the state median of $93,170. It is also 40% higher than the national median of $80,734. The poverty rate stands at 5.4%. This is 45% lower than the state poverty rate of 9.9%. The unemployment rate is 2.5%. This is 41% lower than the state rate of 4.3%. The median home value is $374,900. Housing costs are 2% lower than the state median of $383,700. The home-value-to-income ratio is 3.3x. 82.3% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 67.3%.
Race & Ethnicity
The largest racial or ethnic group in Smithfield is White (non-Hispanic), making up 74.4% of the population. Black or African American residents account for 17.6%. The Hispanic or Latino population (2.1%) is well below the state average of 11.0%. The Asian population (0.3%) is well below the state average of 6.9%.
Education
36.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 12% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 96.1%.
Data Sources & Methodology
All demographic data for Smithfield, Virginia 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 Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. 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, Virginia?
Smithfield, Virginia has a population of 8,834 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Smithfield, VA?
The median household income in Smithfield is $113,158, which is 40% higher than the national median of $80,734.
What is the poverty rate in Smithfield, VA?
The poverty rate in Smithfield is 5.4%. This means approximately 474 residents live below the federal poverty line.
What is the racial makeup of Smithfield, Virginia?
Smithfield's population is 74.4% White, 17.6% Black, 2.1% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Smithfield, VA?
The median home value in Smithfield is $374,900. The home-value-to-income ratio is 3.3x.
How educated is Smithfield, Virginia?
36.9% of adults (25+) in Smithfield hold a bachelor's degree or higher, and 13.8% hold a graduate or professional degree.