Smithfield, VA Real Estate
According to census data in the year 2000 there were 2,521 housing units in Smithfield.
This represents a 35.6% growth from 1,859 in 1990.
Of those housing units, 2,473 were located in either urbanized areas or urban clusters, and 48 were located in what is classified as a rural area.
Homeownership rate in Smithfield is about 70%.
Smithfield's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Smithfield were built after 1978.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 7.10% |
| Two Bedrooms | 20.70% |
| Three Bedrooms | 49.30% |
| Four Bedrooms | 19% |
| Five Bedrooms or more | 3.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.64 |
| Median year structure was built | 1979 |
| Median Value of occupied units | $137,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1977 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 11.20% |
| Home Equity Loan | 10.10% |
| Simple Mortgage | 53.90% |
| Debt Free | 24.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.6% |
