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Economy, jobs and prices in Fort Smith, Arkansas: official figures

The median household income in Fort Smith was $54,816 a year in the 2020-2024 American Community Survey (in 2024 dollars), 75th lowest of 823 US cities of 50,000 or more; the US median was $80,734 and the Arkansas median $60,773.

Median household income
$54,816
2020-2024
Unemployment rate (ACS)
6.5%
2020-2024
Mean travel time to work
16.8 min
2020-2024
Median gross rent (monthly)
$884
2020-2024
Median home value (owner-occupied)
$178,100
2020-2024
Homes occupied by their owners
53.4%
2020-2024
Households with a broadband subscription
85.4%
2020-2024

What is the per capita income in Fort Smith?

Income per resident (per capita income) in Fort Smith averaged $34,413 a year in 2020-2024, 232nd lowest of 823 US cities of 50,000 or more (US: $44,673; Arkansas: $34,225).

Source: U.S. Census Bureau · saved copy

How unequal are incomes in Fort Smith?

Fort Smith's Gini index of household income inequality was 0.521 in 2020-2024 (0 means equal incomes, 1 maximum inequality), 52nd most unequal of 823 US cities of 50,000 or more; the US figure was 0.483.

Source: U.S. Census Bureau · saved copy

What is the unemployment rate in Fort Smith, Arkansas?

6.5% of the civilian labor force in Fort Smith was unemployed on average over 2020-2024 (2,872 people), 192nd highest of 823 US cities of 50,000 or more; the US rate in the same survey was 5.2% and Arkansas' 4.9%.

Source: U.S. Census Bureau · saved copy

What share of people in Fort Smith are working?

61.9% of Fort Smith's 71,202 residents aged 16 and over were in the labor force (working or looking for work) in 2020-2024, 179th lowest of 823 US cities of 50,000 or more (US: 63.5%).

Source: U.S. Census Bureau · saved copy

How many people in Fort Smith have jobs?

41,059 residents of Fort Smith held civilian jobs, 57.7% of those aged 16 and over (US: 59.7%), and 122 served in the armed forces.

Source: U.S. Census Bureau · saved copy

What are the main industries in Fort Smith?

The largest industry group for working residents of Fort Smith was education, health care and social assistance (21.8% of employed residents), followed by manufacturing (18.4%) and retail trade (10.6%), 2020-2024.

Source: U.S. Census Bureau · saved copy

How many people in Fort Smith work in manufacturing?

Manufacturing employed 18.4% of working residents of Fort Smith, 35th highest of 823 US cities of 50,000 or more (US: 9.9%); professional, scientific and management services employed 10.3% (US: 12.6%).

Source: U.S. Census Bureau · saved copy

How long is the commute in Fort Smith, Arkansas?

Commuters in Fort Smith took 16.8 minutes on average to get to work in 2020-2024, 39th shortest of 823 US cities of 50,000 or more (US: 26.4 minutes); 2.7% travelled an hour or more and 47.1% less than 15 minutes.

Source: U.S. Census Bureau · saved copy

How do people in Fort Smith get to work?

7.8% of workers living in Fort Smith worked from home in 2020-2024, 102nd lowest of 823 US cities of 50,000 or more (US: 15.1%). 77.4% drove to work alone, 11.5% carpooled, 0.1% used public transport and 1.2% walked.

Source: U.S. Census Bureau · saved copy

What is the average rent in Fort Smith, Arkansas?

The median gross rent (rent plus utilities) in Fort Smith was $884 a month in 2020-2024, 6th lowest of 823 US cities of 50,000 or more (US: $1,413; Arkansas: $947).

Source: U.S. Census Bureau · saved copy

How much does a house cost in Fort Smith?

Owner-occupied homes in Fort Smith had a median value of $178,100 in 2020-2024 as estimated by their owners, 76th lowest of 823 US cities of 50,000 or more (US: $332,700; Arkansas: $188,000).

Source: U.S. Census Bureau · saved copy

How affordable are homes in Fort Smith?

The median home value in Fort Smith was 3.2 times the median household income, 138th lowest of 823 US cities of 50,000 or more (US: 4.1 times).

Source: U.S. Census Bureau · saved copy

What share of people in Fort Smith, Arkansas own their home?

53.4% of the 36,775 occupied homes in Fort Smith were lived in by their owners in 2020-2024 and 17,151 were rented, 282nd lowest of 823 US cities of 50,000 or more for home ownership (US: 65.2%; Arkansas: 66.4%).

Source: U.S. Census Bureau · saved copy

What share of homes in Fort Smith have broadband?

85.4% of households in Fort Smith had a broadband internet subscription of some type in 2020-2024, 34th lowest of 823 US cities of 50,000 or more (US: 91.0%; Arkansas: 86.7%).

Source: U.S. Census Bureau · saved copy

How many households in Fort Smith have no internet?

11.5% of households in Fort Smith (4,246) had no internet access at home in 2020-2024, 16th highest of 823 US cities of 50,000 or more (US: 6.5%); 8.8% relied on a cellular data plan alone (US: 11.5%).

Source: U.S. Census Bureau · saved copy

How Fort Smith compares with other cities in the United States

Median household income (2024 dollars) (2020-2024)

Fort Smith ranks 749 of 823, highest first.

RankCityMedian household income (2024 dollars)
746Kokomo$55,360
747Hamilton$55,166
748Elyria$54,945
749Fort Smith$54,816
750Rockford$54,752
751Lawton$54,433
752Lansing$54,382
Source: U.S. Census Bureau · saved copy

Per capita income (2024 dollars) (2020-2024)

Fort Smith ranks 592 of 823, highest first.

RankCityPer capita income (2024 dollars)
589Westland$34,530
590Mishawaka$34,469
591La Crosse$34,439
592Fort Smith$34,413
593Yuba City$34,401
594Greeley$34,374
595Ames$34,343
Source: U.S. Census Bureau · saved copy

Gini index of household income inequality (2020-2024)

Fort Smith ranks 52 of 823, highest first.

RankCityGini index of household income inequality
49Macon-Bibb County0.522
50Pittsburgh0.521
51Sandy Springs0.521
52Fort Smith0.521
53Greenville0.520
54Wilmington0.520
55Jupiter0.519
Source: U.S. Census Bureau · saved copy

Unemployment rate (share of civilian labor force) (2020-2024)

Fort Smith ranks 192 of 823, highest first.

RankCityUnemployment rate (share of civilian labor force)
189Vista6.6%
190Sacramento6.6%
191Portsmouth6.6%
192Fort Smith6.5%
193Baltimore6.5%
194Long Beach6.5%
195Hammond6.5%
Source: U.S. Census Bureau · saved copy

Labor force participation rate (16 and over) (2020-2024)

Fort Smith ranks 645 of 823, highest first.

RankCityLabor force participation rate (16 and over)
642Pharr61.9%
643Harrisonburg61.9%
644Tucson61.9%
645Fort Smith61.9%
646Coeur d'Alene61.8%
647Salem61.8%
648McAllen61.7%
Source: U.S. Census Bureau · saved copy

Mean travel time to work (minutes) (2020-2024)

Fort Smith ranks 785 of 823, highest first.

RankCityMean travel time to work (minutes)
782St. Joseph17.0
783Grand Island16.9
784Lynchburg16.8
785Fort Smith16.8
786Bloomington16.8
787Redding16.7
788Eau Claire16.7
Source: U.S. Census Bureau · saved copy

Workers who worked from home (2020-2024)

Fort Smith ranks 722 of 823, highest first.

RankCityWorkers who worked from home
719Lynn7.9%
720Tyler7.9%
721Erie7.9%
722Fort Smith7.8%
723Killeen7.8%
724Cheyenne7.8%
725Rialto7.8%
Source: U.S. Census Bureau · saved copy

Workers commuting by public transportation (2020-2024)

Fort Smith ranks 750 of 823, highest first.

RankCityWorkers commuting by public transportation
747Goodyear0.1%
748Edmond0.1%
749Apopka0.1%
750Fort Smith0.1%
751Round Rock0.1%
752St. Peters0.1%
753San Clemente0.1%
Source: U.S. Census Bureau · saved copy

Employed residents working in manufacturing (2020-2024)

Fort Smith ranks 35 of 823, highest first.

RankCityEmployed residents working in manufacturing
32Owensboro18.5%
33Fort Wayne18.5%
34Rocky Mount18.5%
35Fort Smith18.4%
36Bowling Green18.4%
37Rockford18.3%
38Taylor18.2%
Source: U.S. Census Bureau · saved copy

Employed residents in education, health care and social assistance (2020-2024)

Fort Smith ranks 524 of 823, highest first.

RankCityEmployed residents in education, health care and social assistance
521Lakewood21.8%
522Allentown21.8%
523New Brunswick21.8%
524Fort Smith21.8%
525Delray Beach21.8%
526Novi21.7%
527Burnsville21.7%
Source: U.S. Census Bureau · saved copy

Median gross rent per month (2020-2024)

Fort Smith ranks 818 of 823, highest first.

RankCityMedian gross rent per month
815St. Joseph$898
816Decatur$896
817Lorain$887
818Fort Smith$884
819Erie$870
820Springfield$851
821Canton$850
Source: U.S. Census Bureau · saved copy

Median value of owner-occupied homes (2020-2024)

Fort Smith ranks 748 of 823, highest first.

RankCityMedian value of owner-occupied homes
745North Little Rock$178,900
746Owensboro$178,900
747Augusta$178,400
748Fort Smith$178,100
749Springfield$177,700
750Oshkosh$177,700
751Mission$175,700
Source: U.S. Census Bureau · saved copy

Median home value as a multiple of median household income (2020-2024)

Fort Smith ranks 683 of 820, highest first.

RankCityMedian home value as a multiple of median household income
680Memphis3.3x
681Lakeville3.3x
682Royal Oak3.3x
683Fort Smith3.2x
684Wylie3.2x
685Bowie3.2x
686Joplin3.2x
Source: U.S. Census Bureau · saved copy

Occupied homes lived in by their owners (2020-2024)

Fort Smith ranks 542 of 823, highest first.

RankCityOccupied homes lived in by their owners
539Southfield53.4%
540Springdale53.4%
541Joplin53.4%
542Fort Smith53.4%
543Redondo Beach53.4%
544Edinburg53.3%
545Norman53.3%
Source: U.S. Census Bureau · saved copy

Households with a broadband subscription (2020-2024)

Fort Smith ranks 790 of 823, highest first.

RankCityHouseholds with a broadband subscription
787Harrisburg85.6%
788Gainesville85.6%
789Dayton85.5%
790Fort Smith85.4%
791Lake Charles85.4%
792Baltimore85.4%
793Waterbury85.3%
Source: U.S. Census Bureau · saved copy

Households with no internet access (2020-2024)

Fort Smith ranks 16 of 823, highest first.

RankCityHouseholds with no internet access
13Bossier City11.8%
14Gulfport11.8%
15Lake Charles11.6%
16Fort Smith11.5%
17Fort Pierce11.5%
18Miami11.4%
19St. Joseph11.3%
Source: U.S. Census Bureau · saved copy

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Sources

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