MyNeighborhood

Can you afford to live in FORT SMITH?

Median household income, home values and rent in FORT SMITH, AR — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in FORT SMITH.

Median household income: $52,692 — +50.1% since 2015 (not adjusted for inflation)

Median gross rent: $852/mo — +38.1% since 2015

Median home value, 2015 to 2023

  • 2015: 113300
  • 2023: 168100

Median household income

  • FORT SMITH: 52692
  • Sebastian County: 56450
  • AR: 58773
  • U.S.: 78538

Median gross rent

  • FORT SMITH: 852
  • Sebastian County: 854
  • AR: 914
  • U.S.: 1348

Share of income a typical renter spends on rent: 25.7% — U.S.: 30.2%

What it means

The typical household here earns $52,692 — far lower than the national figure of $78,538.

The typical renter here spends 25.7% of household income on rent, below the 30% cost-burden line.

Since 2015, income has kept pace with rent here (+50.1% versus +38.1%), before adjusting for inflation.

Sources

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