Fort Smith, AR 72908 is an area that offers a more affordable cost of living than the US average. The 2 bedroom rent in Fort Smith is $930 which is $500 cheaper than the US average. Additionally, the Grocery Cost Index in Fort Smith is 95 versus 100 in the US. This makes it easier for people to live comfortably while still having extra money to save or spend on leisure activities. There are plenty of local businesses that help make living in Fort Smith enjoyable. Companies like B & B Furniture offer great deals on furniture, appliances, and other essentials for any home. Other companies like Red Wave Tattoo provide custom tattoo services as well as body piercing services at an affordable price. Finally, Fort Smith boasts several restaurants such as the popular Catfish Hole and Troy’s BBQ that serve delicious food at reasonable prices.
Fort Smith (zip 72908) has an unemployment rate of 4.6%. The US average is 6.0%.
Fort Smith (zip 72908) has seen the job market decrease by -3.9% 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 72908)
- The Sales Tax Rate for Fort Smith (zip 72908) is 9.8%. The US average is 7.3%.
- The Income Tax Rate for Fort Smith (zip 72908) 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 72908)
- The average income of a Fort Smith (zip 72908) resident is $35,843 a year. The US average is $37,638 a year.
- The Median household income of a Fort Smith (zip 72908) resident is $58,846 a year. The US average is $69,021 a year.