SalaryNode

Average All Occupations Salary in Fort Smith, AR-OK

The average annual salary for All Occupations in Fort Smith, AR-OK stands at $48,720, which is notably below the national average of $67,140. This disparity is often influenced by regional economic factors, industry concentration, and the overall demand for labor within the specific geographic area.

Executive Summary

  • Average Salary: $48,720 per year.
  • Growth Trend: Salaries have shifted 20.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $79,420.
  • Outlook: With a substantial local workforce of 96,450 individuals, Fort Smith, AR-OK demonstrates a significant labor market presence. The location quotient of 1.0 indicates that the concentration of All Occupations in this region is on par with the national average, suggesting a stable and established presence of these roles within the local economy.
2024 Market Data

Salary Overview

$48,720

The average All Occupations in Fort Smith, AR-OK earns-27.4%below the national average.

BreakdownBased on 40h/week
Hourly

$23.4

Weekly

$937

Monthly

$4,060

All Occupations Salary Distribution in Fort Smith, AR-OK

Salary progression for All Occupations in Fort Smith, AR-OK typically scales with experience. Entry-level positions will likely fall at the lower end of the pay scale, while senior and highly experienced professionals can command significantly higher salaries, often reaching into the upper percentiles. The widening gap between entry-level and senior roles signifies clear career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$25,810$12.4
ExperiencedProficient professional working independently.25% (Junior)$36,540$17.6
Mid-LevelEstablished expert. Standard market value.50% (Median)$38,340$18.4
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$60,900$29.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$79,420$38.2

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$48,720

Gross Pay

Real Wage (Purchasing Power)

$48,720

Adjusted for COL (100)

The nominal average annual salary of $48,720 in Fort Smith, AR-OK aligns precisely with the national average cost of living index of 100. This means that while the absolute salary is lower than the national average, the purchasing power of that salary locally is equivalent to the national average, suggesting a balanced economic environment for residents.

Job Market Context

96,450

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, Fort Smith, AR-OK has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

A location quotient of 1.0 for All Occupations in Fort Smith, AR-OK signifies that the employment concentration for these roles is exactly at the national average. This indicates a balanced job market where the availability of these positions is neither exceptionally high nor low compared to the rest of the country, suggesting moderate competition and steady demand.

Nearby Job Markets

Nearby Cities for All Occupations

Comparing salaries near Fort Smith, AR-OK

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in Fort Smith, AR-OK?

The median annual salary for a All Occupations in Fort Smith, AR-OK is $48,720. This typically ranges from $25,810 for entry-level positions to $79,420 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Fort Smith, AR-OK is 27.4% lower than the national median of $67,140.

Is Fort Smith, AR-OK a lucrative place for All Occupationss?

No, not exceptionally lucrative compared to the national average.The average salary of $48,720 is significantly lower than the national average of $67,140. However, the cost of living being at the national average means the purchasing power is comparable.

Is Fort Smith, AR-OK a good place to live for All Occupations?

The Cost of Living Index in Fort Smith, AR-OK is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Fort Smith, AR-OK?

Some top paying nearby cities include Fayetteville-Springdale-Rogers, AR ($59,550) and Hot Springs, AR.

What is the total workforce size in Fort Smith, AR-OK?

The total workforce in Fort Smith, AR-OK comprises 96,450 individuals, indicating a substantial local labor pool.

How does the cost of living in Fort Smith, AR-OK compare nationally?

The cost of living in Fort Smith, AR-OK is exactly at the national average, with an index of 100.

What does a Location Quotient of 1.0 mean for All Occupations in Fort Smith, AR-OK?

A Location Quotient of 1.0 means the concentration of All Occupations jobs in Fort Smith, AR-OK is the same as the national average, indicating a standard level of industry presence.

How many All Occupations jobs are there per 1,000 workers in Fort Smith, AR-OK?

There are 1000 All Occupations jobs per 1,000 workers in Fort Smith, AR-OK, which is consistent with the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 96,450 employees in the Fort Smith, AR-OK area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.