Smithfield is located in Providence, Rhode Island, with an estimated municipal population of 21,693 residents. All of the best foreclosed homes for sale in Smithfield are located in the following zip code areas on Foreclosure.com: 02828 02917. The estimated population per square kilometer (.62 miles) in Smithfield is 319.
So, about how much do homes cost in Smithfield? The most recent median value of resident-owned homes in Smithfield is 288,060. An estimated 79.1 percent of households in Smithfield own their homes, with an average family size of 3.19. The median household income in Smithfield is 85,337, with40.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Smithfield, the median commute time of resident workers (in minutes) is 24.2. And last, but certainly not least, are you looking for homes to rent in Smithfield? If so, the average rent price paid by renters in Smithfield is 916, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Smithfield, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Smithfield is 43.7, split between 48.7 percent male versus 51.3 female. The percentage of residents who report being married in Smithfield is 43.7, with an average family size of 3.19.
The percentage of residents who report their race in Smithfield is as follows:
| White | 92.4% |
| Black / African American | 1.4% |
| Asian | 3% |
| American Indian / Alaskan Native | 0.1% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.1% |
| Other | 1% |
Looking for family-friendly neighborhoods in and/or near Smithfield? Or maybe you are searching for 55+ active adult communities in and/or near Smithfield?
The percentage of residents who report their age in Smithfield is as follows:
| Under 10 | 7.1% |
| Aged 10-19 | 16.8% |
| 20s | 13.6% |
| 30s | 9.7% |
| 40s | 11% |
| 50s | 16.1% |
| 60s | 12% |
| 70s | 7.8% |
| 80+ | 5.9% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Smithfield with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Smithfield.
How do you know that living in -- or moving to -- Smithfield is right where you need to be? Perhaps you grew up in Smithfield or already live nearby; therefore, the decision to buy a home in Smithfield is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Smithfield for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Smithfield:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Smithfield.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Smithfield can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Smithfield, meanwhile, can field multiple offers from more qualified buyers.
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