Living Wage Calculation for Fort Smith, AR

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $10.46 $22.08 $26.41 $32.55 $17.51 $21.81 $24.33 $27.47 $8.66 $12.37 $14.52 $16.98
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
Minimum Wage $9.25 $9.25 $9.25 $9.25 $9.25 $9.25 $9.25 $9.25 $9.25 $9.25 $9.25 $9.25

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,010 $4,446 $6,682 $8,863 $5,518 $6,877 $8,872 $10,802 $5,518 $6,877 $8,872 $10,802
Child Care $0 $5,046 $8,099 $11,153 $0 $0 $0 $0 $0 $5,046 $8,099 $11,153
Medical $2,387 $7,722 $7,433 $7,554 $5,803 $7,433 $7,554 $7,455 $5,803 $7,433 $7,554 $7,455
Housing $6,055 $8,400 $8,400 $11,399 $6,397 $8,400 $8,400 $11,399 $6,055 $8,400 $8,400 $11,399
Transportation $4,322 $8,425 $10,689 $11,645 $8,425 $10,689 $11,645 $12,206 $8,425 $10,689 $11,645 $12,206
Other $2,812 $4,688 $4,867 $6,123 $4,688 $4,867 $6,123 $6,126 $4,688 $4,867 $6,123 $6,126
Required annual income after taxes $18,586 $38,727 $46,171 $56,736 $30,831 $38,267 $42,593 $47,988 $30,489 $43,313 $50,692 $59,141
Annual taxes $3,168 $7,199 $8,759 $10,976 $5,595 $7,103 $8,009 $9,143 $5,548 $8,160 $9,706 $11,480
Required annual income before taxes $21,754 $45,926 $54,929 $67,711 $36,426 $45,370 $50,602 $57,132 $36,037 $51,473 $60,398 $70,621

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $74,468
Business & Financial Operations $55,876
Computer & Mathematical $62,920
Architecture & Engineering $66,854
Life, Physical, & Social Science $50,601
Community & Social Service $38,454
Legal $51,211
Education, Training, & Library $45,193
Arts, Design, Entertainment, Sports, & Media $34,611
Healthcare Practitioners & Technical $53,193
Healthcare Support $24,487
Protective Service $32,365
Food Preparation & Serving Related $19,781
Building & Grounds Cleaning & Maintenance $22,800
Personal Care & Service $19,923
Sales & Related $24,213
Office & Administrative Support $30,159
Farming, Fishing, & Forestry $27,445
Construction & Extraction $35,272
Installation, Maintenance, & Repair $37,386
Production $27,079
Transportation & Material Moving $30,779