Fort Smith, MT is a small town located in the northern part of the state, with a population of approximately 1,000 residents. This town is known for its close-knit community and job opportunities from local businesses such as Fort Smith Hardware and The Stained Glass Gallery. Cost of living is relatively low compared to the US average; 2 bedroom rent in Fort Smith is $800 while it's $1,430 across the US in general. Additionally, grocery cost index is 96 versus 100 in the US, making it much cheaper to live here. All things considered, Fort Smith makes for an ideal place to live or visit due to its affordability and friendly locals.
Fort Smith has an unemployment rate of 9.0%. The US average is 6.0%.
Fort Smith has seen the job market decrease by -1.3% over the last year. Future job growth over the next ten years is predicted to be 0.4%, which is lower than the US average of 33.5%.
Tax Rates for Fort Smith
- The Sales Tax Rate for Fort Smith is 0.0%. 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 Cost of Living.
Income and Salaries for Fort Smith
- The average income of a Fort Smith resident is $14,717 a year. The US average is $28,555 a year.
- The Median household income of a Fort Smith resident is $43,854 a year. The US average is $69,021 a year.