Everything You Need to Know About the City of Fort Smith Arkansas
In 2017, Fort Smith, AR had a population of 87.5k people with a median age of 35.9 and a median household income of $36,532. Between 2016 and 2017 the population of Fort Smith, AR declined from 87,712 to 87,537, a -0.2% decrease, and its median household income grew from $35,956 to $36,532, a 1.6% increase.
The population of Fort Smith, AR is 60.4% White Alone, 18.8% Hispanic or Latino, and 9.56% Black or African American Alone. N/A% of the people in Fort Smith, AR speak a non-English language, and 92.3% are U.S. citizens.
The biggest universities in Fort Smith, AR are University of Arkansas-Fort Smith (1,353 degrees granted in 2017), Academy of Salon and Spa (31 degrees), and Designer Barber and Stylist School (18 degrees).
The median property value in Fort Smith, AR is $117,000, and the homeownership rate is 50.9%. Most people in Fort Smith, AR commute by Drove Alone, and the average commute time is 15.9 minutes. The average car ownership in Fort Smith, AR is 2 cars per household.
In 2017, universities in Fort Smith, AR awarded 1,417 degrees. The student population of Fort Smith, AR is skewed towards women, with 3,030 male students and 3,936 female students.
Most students graduating from Universities in Fort Smith, AR are White (1,054 and 75.6%), followed by Hispanic or Latino (120 and 8.6%), Two or More Races (79 and 5.66%), and Asian (67 and 4.8%).
The largest universities in Fort Smith, AR by the number of degrees awarded are University of Arkansas-Fort Smith (1,353 and 95.5%), Academy of Salon and Spa (31 and 2.19%), and Designer Barber & Stylist School (18 and 1.27%).
The most popular majors in Fort Smith, AR are General Business Administration & Management (167 and 11.8%), General Studies (162 and 11.4%), and Welding Technology (113 and 7.97%).
The median tuition costs in Fort Smith, AR are $N/A for private four-year colleges, and $3,991 and $11,064 respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Fort Smith, AR employs 37.8k people and Fort Smith has an unemployment rate of 3.7%. Fort Smith has seen the activity job market increase by – 1.6% in the course of the most recent year. Future occupation development throughout the following ten years is anticipated to be 21.7%, which is lower than the US average of 33.5%. The largest industries in Fort Smith, AR are Manufacturing (7,483 people), Health Care & Social Assistance (5,617 people), and Retail Trade (5,455 people), and the highest paying industries are Utilities ($59,095), Mining, Quarrying, & Oil & Gas Extraction ($51,319), and Transportation & Warehousing, & Utilities ($50,750).
Households in Fort Smith, AR have a median annual income of $36,532, which is less than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $35,956 in 2016, which represents a 1.6% annual growth.
Tax Rates for Fort Smith
– The Sales Tax Rate for Fort Smith is 9.6%. The US average is 7.3%.
– The Income Tax Rate for Fort Smith is 6.9%. The US average is 4.6%.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Fort Smith
– The average income of a Fort Smith resident is $23,452 a year.
– The Median household income of a Fort Smith resident is $36,777 a year.