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 $10.47 $21.60 $25.54 $31.70 $17.19 $21.02 $23.61 $26.12 $8.49 $11.95 $14.12 $16.25
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
Minimum Wage $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50 $8.50

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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $4,964 $7,968 $10,972 $0 $0 $0 $0 $0 $4,964 $7,968 $10,972
Medical $2,213 $7,056 $6,712 $6,795 $5,331 $6,712 $6,795 $6,514 $5,331 $6,712 $6,795 $6,514
Housing $5,962 $8,364 $8,364 $11,298 $6,346 $8,364 $8,364 $11,298 $5,962 $8,364 $8,364 $11,298
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $18,615 $37,917 $44,692 $55,271 $30,285 $36,912 $41,375 $45,690 $29,902 $41,876 $49,343 $56,662
Annual taxes $3,168 $7,014 $8,434 $10,657 $5,476 $6,804 $7,739 $8,650 $5,422 $7,844 $9,408 $10,948
Required annual income before taxes $21,783 $44,931 $53,126 $65,928 $35,761 $43,716 $49,113 $54,340 $35,324 $49,720 $58,751 $67,610

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $75,909
Business & Financial Operations $54,625
Computer & Mathematical $62,608
Architecture & Engineering $66,177
Life, Physical, & Social Science $51,199
Community & Social Service $37,095
Legal $43,340
Education, Training, & Library $45,593
Arts, Design, Entertainment, Sports, & Media $35,120
Healthcare Practitioners & Technical $50,798
Healthcare Support $24,391
Protective Service $32,425
Food Preparation & Serving Related $19,690
Building & Grounds Cleaning & Maintenance $22,652
Personal Care & Service $20,091
Sales & Related $23,187
Office & Administrative Support $29,092
Farming, Fishing, & Forestry $25,358
Construction & Extraction $34,565
Installation, Maintenance, & Repair $37,137
Production $25,461
Transportation & Material Moving $29,329