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Hot Springs Village, 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
16,327
Population
$75,370
Median Income
$272,000
Home Value
69.6
Median Age

Demographics

Hot Springs Village has a population of 16,327 with a median age of 69.6. Here is the racial and ethnic breakdown of the population:

White
92.9%
Other
3.5%
Hispanic
1.8%
Black
1.4%
Demographic Value
Total Population16,327
Median Age69.6
White92.9%
Black or African American1.4%
Asian0.4%
Hispanic or Latino1.8%
Other / Two or More Races3.5%
Hot Springs Village, Arkansas — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.9%Other: 3.6%Other: 3.5%16,327PopulationWhiteWhite92.9%OtherOther3.6%OtherOther3.5%

Income & Economy

The median household income in Hot Springs Village is $75,370, which is 6.5% below the national median of $80,610. The per capita income is $48,061. The poverty rate is 7.3%.

$75,370
Median Household Income
$48,061
Per Capita Income
7.3%
Poverty Rate

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Education

In Hot Springs Village, 97.8% of residents age 25+ have a high school diploma or higher, and 34.7% hold a bachelor's degree or higher (13.5% with a graduate or professional degree).

HS Diploma+
97.8%
Bachelor's+
34.7%
Graduate+
13.5%
Education Level % of Adults (25+)
High School Diploma or Higher97.8%
Bachelor's Degree or Higher34.7%
Graduate or Professional Degree13.5%

Housing

The median home value in Hot Springs Village is $272,000, below the national median of $303,400. The median monthly rent is $1,209. The homeownership rate is 87.6%.

$272,000
Median Home Value
$1,209/mo
Median Rent
87.6%
Homeownership Rate
Housing Metric Value
Median Home Value$272,000
Median Monthly Rent$1,209
Homeownership Rate87.6%
Vacancy Rate12.9%

Salaries in Arkansas

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Other Cities in Arkansas

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Frequently Asked Questions

What is the population of Hot Springs Village, Arkansas?
The population of Hot Springs Village, Arkansas is 16,327 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Hot Springs Village, Arkansas?
The median household income in Hot Springs Village, Arkansas is $75,370. This is 6.5% below the national median of $80,610.
What is the median home value in Hot Springs Village, Arkansas?
The median home value in Hot Springs Village, Arkansas is $272,000. The median monthly rent is $1,209.
What percentage of people in Hot Springs Village have a college degree?
In Hot Springs Village, Arkansas, 34.7% of adults age 25 and older hold a bachelor's degree or higher, and 97.8% have a high school diploma or higher.
Is Hot Springs Village, Arkansas an affordable place to live?
The home price-to-income ratio in Hot Springs Village, Arkansas is 3.6x (median home value $272,000 vs. median income $75,370), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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