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 $15.45 $32.41 $41.53 $54.74 $25.24 $31.59 $36.58 $40.66 $12.43 $18.05 $22.91 $27.34
Poverty Wage $6.53 $8.80 $11.07 $13.34 $8.80 $11.07 $13.34 $15.61 $4.40 $5.54 $6.67 $7.81
Minimum Wage $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00

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 $3,926 $5,795 $8,707 $11,540 $7,198 $8,966 $11,564 $14,071 $7,198 $8,966 $11,564 $14,071
Child Care $0 $7,963 $15,927 $23,890 $0 $0 $0 $0 $0 $7,963 $15,927 $23,890
Medical $3,200 $9,339 $9,349 $9,275 $7,148 $9,349 $9,275 $9,427 $7,148 $9,349 $9,275 $9,427
Housing $7,618 $10,013 $10,013 $13,843 $7,661 $10,013 $10,013 $13,843 $7,618 $10,013 $10,013 $13,843
Transportation $5,477 $9,851 $12,045 $14,484 $9,851 $12,045 $14,484 $15,530 $9,851 $12,045 $14,484 $15,530
Civic $3,074 $6,107 $6,821 $9,300 $6,107 $6,821 $9,300 $7,395 $6,107 $6,821 $9,300 $7,395
Other $4,253 $7,420 $8,755 $9,610 $7,420 $8,755 $9,610 $10,749 $7,420 $8,755 $9,610 $10,749
Required annual income after taxes $27,679 $56,619 $71,748 $92,073 $45,515 $56,081 $64,375 $71,147 $45,472 $64,044 $80,302 $95,037
Annual taxes $4,466 $10,799 $14,635 $21,795 $6,979 $9,630 $11,720 $13,420 $6,256 $11,044 $15,022 $18,702
Required annual income before taxes $32,146 $67,418 $86,383 $113,868 $52,495 $65,711 $76,095 $84,567 $51,728 $75,088 $95,324 $113,739

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $82,073
Business & Financial Operations $60,860
Computer & Mathematical $65,270
Architecture & Engineering $67,817
Life, Physical, & Social Science $64,146
Community & Social Service $41,213
Legal $51,191
Education, Training, & Library $53,418
Arts, Design, Entertainment, Sports, & Media $39,647
Healthcare Practitioners & Technical $64,763
Healthcare Support $30,187
Protective Service $39,305
Food Preparation & Serving Related $25,369
Building & Grounds Cleaning & Maintenance $27,034
Personal Care & Service $25,369
Sales & Related $30,243
Office & Administrative Support $33,319
Farming, Fishing, & Forestry $32,183
Construction & Extraction $40,926
Installation, Maintenance, & Repair $42,018
Production $37,927
Transportation & Material Moving $37,365