Hot Springs has a population of 38,025 with a median age of 44.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 38,025 |
| Median Age | 44.7 |
| White | 72.9% |
| Black or African American | 17.2% |
| Asian | 1.4% |
| Hispanic or Latino | 10.7% |
The median household income in Hot Springs is $46,537, which is 38.1% below the national median of $75,149. The per capita income is $28,775. The poverty rate is 21.2%.
The unemployment rate in Hot Springs is 5.4%, compared to the national rate of 5.4%.
In Hot Springs, 87.3% of residents age 25+ have a high school diploma or higher, and 24.2% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 87.3% |
| Bachelor's Degree or Higher | 24.2% |
| Graduate or Professional Degree | 8.9% |
The median home value in Hot Springs is $148,100, below the national median of $281,900. The median monthly rent is $857. The homeownership rate is 55.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $148,100 |
| Median Monthly Rent | $857 |
| Homeownership Rate | 55.6% |
| Vacancy Rate | 17.7% |
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