Cost of Living in Smithtown, New York

Smithtown has a population of about 24,375. The median household income is $150,664, median gross rent is $2,020/month, and the median home value is $704,700. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.

How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.

Median Gross Rent $2,020/mo 22% above the national median
Median Home Value $704,700 88% above the national median
Median Household Income $150,664 79% above the national median
Population 24,375

Is Smithtown expensive to live in?

Compared with the national median in this dataset, rent in Smithtown is 22% above the national median and home values are 88% above the national median. Household income here is 79% above the national median. Monthly rent represents roughly 16% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Smithtown?

The median gross rent in Smithtown, New York is $2,020 per month in the 2020-2024 ACS 5-Year estimates.

What is the median home price in Smithtown?

The median owner-occupied home value in Smithtown is $704,700 in the 2020-2024 ACS 5-Year estimates.

How much do people earn in Smithtown?

The median household income in Smithtown is $150,664 per year in the 2020-2024 ACS 5-Year estimates.

Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.