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Hot Springs, Arkansas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
37,920
Population
$47,760
Median Income
$165,500
Home Value
45.3
Median Age

Demographics

Hot Springs has a population of 37,920 with a median age of 45.3. Here is the racial and ethnic breakdown of the population:

White
72.0%
Black
15.7%
Hispanic
10.8%
Asian
1.2%
Demographic Value
Total Population37,920
Median Age45.3
White72.0%
Black or African American15.7%
Asian1.2%
Hispanic or Latino10.8%
Hot Springs, Arkansas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 72.2%Black: 15.7%Hispanic/Latino: 10.8%Other: 1.2%37,920PopulationWhiteWhite72.2%BlackBlack15.7%Hispanic/LatinoHispanic/Latino10.8%OtherOther1.2%

Income & Economy

The median household income in Hot Springs is $47,760, which is 40.8% below the national median of $80,610. The per capita income is $31,704. The poverty rate is 20.5%.

$47,760
Median Household Income
$31,704
Per Capita Income
20.5%
Poverty Rate

Employment

The unemployment rate in Hot Springs is 3.7%, compared to the national rate of 4.1%.

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Education

In Hot Springs, 88.6% of residents age 25+ have a high school diploma or higher, and 26.1% hold a bachelor's degree or higher (9.2% with a graduate or professional degree).

HS Diploma+
88.6%
Bachelor's+
26.1%
Graduate+
9.2%
Education Level % of Adults (25+)
High School Diploma or Higher88.6%
Bachelor's Degree or Higher26.1%
Graduate or Professional Degree9.2%

Housing

The median home value in Hot Springs is $165,500, below the national median of $303,400. The median monthly rent is $914. The homeownership rate is 57.0%.

$165,500
Median Home Value
$914/mo
Median Rent
57.0%
Homeownership Rate
Housing Metric Value
Median Home Value$165,500
Median Monthly Rent$914
Homeownership Rate57.0%
Vacancy Rate16.7%

Salaries in Arkansas

Explore salary data for popular occupations in Arkansas:

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Other Cities in Arkansas

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Frequently Asked Questions

What is the population of Hot Springs, Arkansas?
The population of Hot Springs, Arkansas is 37,920 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hot Springs, Arkansas?
The median household income in Hot Springs, Arkansas is $47,760. This is 40.8% below the national median of $80,610.
What is the median home value in Hot Springs, Arkansas?
The median home value in Hot Springs, Arkansas is $165,500. The median monthly rent is $914.
What percentage of people in Hot Springs have a college degree?
In Hot Springs, Arkansas, 26.1% of adults age 25 and older hold a bachelor's degree or higher, and 88.6% have a high school diploma or higher.
Is Hot Springs, Arkansas an affordable place to live?
The home price-to-income ratio in Hot Springs, Arkansas is 3.5x (median home value $165,500 vs. median income $47,760), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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