Business and Economy in Fort Smith, AR
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Fort Smith, AR, is $35,096, and check out the following articles to get an inside look at its key industries and job opportunities.
Diversity, environment and location, appealing to new businesses.
Western Arkansas' talent, training and transportation system create the perfect climate for success
Western Arkansas crafts a diverse and dynamic manufacturing sector
Food and beverage production is a Western Arkansas staple
The six-county Western Arkansas region offers a host of advantages for business investment.
The new Arkansas College of Osteopathic Medicine furthers research breakthroughs in Western Arkansas
Anticipated completion of I-49 creates new avenues of growth in Western Arkansas.
Food manufacturers have an appetite for growth in Western Arkansas.
Household names in manufacturing set up shop in Western Arkansas.
Industries include health care, logistics, manufacturing, education and more.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Fort Smith’s economy.
Employment Rate in Sebastian County, AR
Occupations in Fort Smith, AR
Employment in Fort Smith, AR
|Employment Armed Forces||0.2%|
|Employment Civilian Labor Force||59.1%|
|Employment Not in Labor Force||40.7%|
|Employment Total in Labor Force||59.3%|
Industry in Fort Smith, AR
|Agriculture, Forestry, Fishing and Hunting and Mining||1.6%|
|Transportation and Warehousing, and Utilities||4.6%|
|Finance and Insurance, and Real Estate and Rental and Leasing||4%|
|Professional, Scientific and Management and Administrative and Waste||6.8%|
|Educational Services and Health Care and Social Assistance||22.6%|
|Arts, Entertainment and recreation and Accommodation and food Services||8.4%|
|Other Services, Except Public Administration||4.9%|