Zip 72901 (Fort Smith, AR) Economy


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72901 Fort Smith, AR is known for its affordable cost of living. The median two-bedroom rent in 72901 is only $770, which is significantly lower than the US average of $1,430. Additionally, Grocery Cost Index in 72901 stands at 92 as compared to a national average of 100. This makes it an ideal place to live and raise a family. Notable attractions in the area include The Clayton House, Fort Smith Museum of History, and Belle Grove Historic District. Furthermore, 72901 houses prominent businesses such as Sparks Regional Medical Center, Rheem Manufacturing Co., and Baldor Electric Company. All these amenities make 72901 an attractive destination for both locals and tourists alike.

Fort Smith (zip 72901) has an unemployment rate of 4.6%. The US average is 6.0%.

Fort Smith (zip 72901) has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.

Tax Rates for Fort Smith (zip 72901)
- The Sales Tax Rate for Fort Smith (zip 72901) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Fort Smith (zip 72901) 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 (zip 72901)
- The average income of a Fort Smith (zip 72901) resident is $17,459 a year. The US average is $28,555 a year.
- The Median household income of a Fort Smith (zip 72901) resident is $39,016 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFort Smith, ArkansasUnited States
  4.66
  -3.9%-6.2%
  21.7%33.5%
  9.8%6.2%
  6.9%4.6%
  $24,231$37,638
  $39,016$69,021
  $49,327$85,028
  Population by Occupation
  0.9%1.2%
  0.9%0.5%
  6.9%6.8%
  15.7%10.0%
  3.2%2.5%
  12.4%11.0%
  4.8%4.8%
  0.5%0.8%
  1.2%1.9%
  1.3%4.7%
  2.0%1.9%
  4.1%7.6%
  0.2%0.1%
  4.7%4.2%
  5.1%9.3%
  15.9%14.0%
  0.8%2.1%
  10.7%7.0%
  5.7%4.8%
  3.0%4.7%
Reviews for Fort Smith
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Fort Smith has one of the few remaining Trolley Neighborhoods in existence in the May-Lecta-Sweet neighborhood. It's been nominated to the National Historic Trust and  More

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