Gender
In Smithfield, the population consists of 68 males (50.75%) and 66 females (49.25%). Here are the primary highlights from the gender-based income distribution analysis:
- In Smithfield, the median income for all workers aged 15 years and older, regardless of work hours, was $12,680 for males and $10,179 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
- In Smithfield, the median income for all workers aged 15 years and older, regardless of work hours, was $12,680 for males and $10,179 for females.
- In Smithfield, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
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Race
In Smithfield, the population is predominantly White, constituting 97.76% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $15,354.
- In Smithfield, White is both the largest group and the one with the highest median household income, which stands at $15,354.
- In Smithfield, the median household income for the households where the householder is White decreased by $510(3.21%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $15,864 in 2011 and $15,354 in 2021.
- As per the U.S. Census Bureau population data, in Smithfield, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Smithfield, WV median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Smithfield increased by $4,054 (35.88%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 4,564 (from $11,300 to $15,864). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 6,340 (from $24,850 to $18,510).
- It then further increased to $68,008 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4456, it is evident that income distribution in Smithfield, WV exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $42,050.
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