ZIP Code 40068 — Smithfield city, KY Demographics & Data

ZIP code 40068 covers Smithfield, KY in Henry County with a population of about 2,663.

At a glance, the area shows median age of 43.7 versus a U.S. median of about 38.9.

It sits in telephone area code 502; U.S. House district KY-4; the LOUISVILLE media market.

Median household income in ZIP 40068 is about $75,179 — about even with the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 12.2%; unemployment rate near 2.5%; 28.2% of adults with a bachelor’s degree or higher (about 5.5 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Retail trade, and Other services; about 22.1% of workers reporting work-from-home (about 6.9 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $291,000 — about 16% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $814 (about 30% below the U.S. median rent ($1,163)), and owner-occupancy near 85.2% (about 19.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 40068 in Smithfield, KY, a household would need roughly $80,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,869. That is roughly in line with the local median household income ($75,179). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Smithfield city, KY as Very Low (composite score 15.7), which is relatively lower than many U.S. communities. The strongest component scores on US5 are flood (27.3) and hurricane (9.7). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Smithfield city, KY show little to no average snow and around 52.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 99 for ZIP 40068 (Smithfield city, KY) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.