City

Smithfield, IL

1 ZIP code  ·  Fulton County  ·  Illinois

👥503Population
💰$60,227Median HH Income▼ 21% below avg
🎂48.3Median Age
🏠$109,200Median Home Value▼ 61% below avg
🎓33.7%College Grads▼ 13% below avg
📊31.4%Unemployment▲ 543% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 54.1% Female 45.9% ♀

Race & Ethnicity

White: 81.5%Hispanic: 1.2%Other: 17.1%Race
White81.5%
Hispanic1.2%
Other17.1%

Age Breakdown

Under 5
1%
5–17
10%
18–24
3%
25–44
32%
45–64
31%
65+
14%

Key Indicators

Median Age48.3 yrs
Avg HH Size2.52
Below Poverty17.9% ▲ 79% above avg
College Grads33.7% ▼ 13% below avg
Unemployment31.4% ▲ 543% above avg
HS Graduate179 (42.7%)
Some College34 (8.1%)
Associates65 (15.5%)
Bachelors74 (17.7%)
Graduate Degree67 (16%)

Education

HS Grad: 42.7%Some College: 8.1%Associates: 15.5%Bachelors: 17.7%Graduate: 16%Edu
HS Grad42.7%
Some College8.1%
Associates15.5%
Bachelors17.7%
Graduate16.0%
Housing & Income

Housing Tenure

Owner: 98.5%Renter: 1.5%Tenure
Owner98.5%
Renter1.5%

Home Value Distribution

Under $50k
27%
$50k–$100k
20%
$100k–$150k
15%
$150k–$200k
13%
$200k–$300k
9%
$300k–$500k
5%
Over $500k
11%

Financials

Median HH Income$60,227 ▼ 21% below avg
Median Home Value$109,200 ▼ 61% below avg
Home/Income Ratio1.8x (nat avg ~3.5x)
Total Housing Units229
Vacant Units29

Income Distribution

Under $25k
21%
$25k–$50k
16%
$50k–$75k
25%
$75k–$100k
20%
$100k–$150k
8%
$150k–$200k
8%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
78%
Walked
1%
Work From Home
22%

Commute Time

Under 15 min
19%
15–30 min
29%
30–45 min
27%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
8%
1940s–1950s
4%
1960s–1970s
11%
1980s–1990s
8%
2000+
68%
About Smithfield, IL

Smithfield is a city in Illinois, located in Fulton County. The city spans 1 ZIP code and is home to approximately 503 residents. It is a mature city, with a median age of 48.3 years.

Economically, Smithfield is a solidly middle-class community. The median household income of $60,227 is below the national average. Approximately 17.9% of residents live below the poverty line. The unemployment rate is 31.4%, more than double the national average.

The real estate market in Smithfield is one of the more affordable housing markets in the country. Median home values stand at $109,200, which is well below the national average. Homeownership is high at 98.5%, typical of suburban and family-oriented communities.

The population of Smithfield is moderately educated. 33.7% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (81.51%).

Smithfield, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Smithfield
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
61477 503 $60,227 $109,200 31.4% 33.7% 98.5%