Smithfield, a city located in the state of Virginia (VA), is home to a population of approximately 8,625 people. Smithfield boasts a median age of 45.6, with around 27.1% of its residents aged 60 or above. 18.3% of the population identifies as US Veterans. 16.5% of Smithfield residents are disabled. The city has an average household income of $101,081, while the unemployment rate stands at 4.7%, and around 12.3% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Smithfield is $340,921, with a monthly rent averaging $1,099.