Cost of Living,
Fort Smith's Real Estate Market
Fort Smith Metro Area
Profile: Mid-sized city Location: Extreme western Arkansas at Oklahoma border in Arkansas River Valley Elevation: 463 Time zone: Central Standard Time
|Cost of living||Isolation|
|Nearby mountains||Arts and culture|
|Air quality||Low educational attainment|
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Fort Smith is a small town with old-west flavor located in a flat valley along the Arkansas River. Major industries include light manufacturing and natural gas, and major employers include the nearby Fort Chaffee military installation. The economy is steady with somewhat above average job-growth prospects, and the low Cost of living and median home price are probably among the biggest attractions.
The downtown has some historic sites and districts. However, there isn’t much to do. The town, like many in the region, mixes a Southern and Western feel and culture. Aside from outdoor recreation in the Ozarks just to the north, most amenities and city services are available in Tulsa, 120 miles to the west. A variety of services and activities are also available in the Fayetteville-Springdale-Rogers area 50 miles north.
Local terrain is hilly with flat, fertile rivers and creek bottoms. The Ozarks rise to 1,500 feet in the north and 3,000 feet in the south with areas of national forest and mountain lakes. The climate is continental with four seasons. The warm summers are suitable for growing fruit and wine grapes. Winters are mild with average daytime temperatures above freezing.
Interesting Facts about Fort_Smith, Arkansas
As of 2014, Fort Smith's population is 86,382 people. Since 2000, it has had a population growth of 7.09 percent.--------------------
The median home cost in Fort Smith is $94,500. Home appreciation the last year has been -1.80 percent.--------------------
Compared to the rest of the country, Fort Smith's cost of living is 19.40% Lower than the U.S. average.--------------------
Fort Smith public schools spend $10,626 per student. The average school expenditure in the U.S. is $12,435. There are about 14.5 students per teacher in Fort Smith.--------------------
The unemployment rate in Fort Smith is 5.70 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Fort Smith jobs have Decreased by 1.70 percent.
Ranked #69 America's Best and Worst Cities for Crime (Mid-Size Metro Areas)
Ranked #322 2005 Best Places to Live
Ranked #355 Best Green Cities
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Average Commute time is 15 minutes. The National Average is 25 minutes.--------------------
Fort Smith's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes