Cost of Living in Fort Smith
Fort Smith's cost of living runs genuinely affordable across housing, rent, and property tax relative to national figures.
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Learn moreGenuinely affordable housing and rent
Fort Smith's average home value ran approximately $195,761-$219,000 depending on source, and average rent ran approximately $819/month across all unit sizes -- both genuinely below national medians.
A modest property tax rate
Fort Smith's effective property tax rate ran approximately 1.05% -- modestly above the Arkansas statewide median but still genuinely low nationally.
A real, substantial 9.5% combined sales tax
Fort Smith's combined sales tax runs 9.5% (6.5% state + 1% Sebastian County + 2% city) -- a real, meaningful cost this record discloses honestly.
Key takeaways
- Fort Smith's housing and rent both run genuinely below national averages.
- The effective property tax rate (~1.05%) runs modestly above the Arkansas statewide median.
- Fort Smith's combined 9.5% sales tax is a real, meaningful cost consideration.
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