Pros and Cons of Living in Smithfield

Smithfield's honest tradeoff is real college-town and financial-services employment anchors, set against a comparatively high local property tax rate.

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Real advantages

Smithfield offers a genuine college-town identity via Bryant University, a real, substantial Fidelity Investments employment base, and below-national cited crime rates.

Real tradeoffs

Smithfield's property tax rate runs genuinely higher than both national and Rhode Island statewide averages, and housing costs, while moderate for Rhode Island, still run above the national comparison figure.

The net read

For movers drawn to genuine college-town and financial-services employment anchors within a suburban setting, the advantages are real. For those needing the lowest possible property tax rate, the disclosed gap carries real weight.

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.