Hot Springs
Hot Springs city, Arkansas
Nestled in the Ouachita Mountains, Hot Springs offers a unique blend of natural beauty and Southern charm, all wrapped up in a surprisingly affordable package. The city, home to nearly 40,000 residents, boasts a median home value of just $148,100, a stark contrast to the national median. This makes owning a piece of this charming city a realistic dream for many, especially when you consider the relaxed pace of life and the abundance of outdoor activities right at your doorstep. From soaking in the historic bathhouses to exploring the trails of Hot Springs National Park, there's always something to do. The city's walkable downtown area adds to its appeal, fostering a sense of community and making everyday errands a breeze.
From an investment perspective, Hot Springs presents an attractive opportunity. While the median household income of around $46,500 is lower than the national average, the incredibly low cost of entry into the housing market opens doors for those seeking an affordable lifestyle upgrade or a solid investment with significant potential for appreciation. The city is especially well-suited for retirees, first-time homebuyers, and those seeking a slower pace of life without sacrificing access to amenities. The city's relatively low cost of living, combined with its natural attractions and growing tourism industry, makes Hot Springs a compelling destination for those seeking a balance of affordability, lifestyle, and investment potential.
Hot Springs, Arkansas at a Glance
Hot Springs is a city in Hot Springs city, Arkansas with a population of approximately 38,025. The median home value is $148,100 and the median household income is $46,537. It has a Walk Score of 2 out of 100, indicating car dependency. The violent crime rate is 5.6 per 1,000 residents, compared to the national average of 3.6. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $769 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$148,100
Median Income
$46,537
Population
38,025
Walk Score
2
Air Quality
AQI 40
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 38,025
- Median Age
- N/A
- Median Household Income
- $46,537
38% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 21.2%
71% above nat'l avg
- Median Home Value
- $148,100
47% below nat'l avg
- Median Rent
- $769
34% below nat'l avg
- Homeownership Rate
- 77.0%
17% above nat'l avg
- Affordability Index
- 208
108% above nat'l avg
- Violent Crime Rate
- 5.6 per 1K
56% above nat'l avg
- Property Crime Rate
- 25.1 per 1K
32% above nat'l avg
- AQI
- 40
5% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 79.29
Top Hazards
- Overall
- Quiet
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 9.7¢/kWh
42% below nat'l avg
- Est. Monthly Electric
- $87
36% below nat'l avg
- Unemployment Rate
- 5.4%
46% above nat'l avg
- Poverty Rate
- 21.2%
71% above nat'l avg
Weather & Climate in Hot Springs
Avg High
73°F
Avg Low
55°F
Annual Rainfall
51"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Faulkner County county-level presidential election data
Culture & Things to Do in Hot Springs
Hot Springs Documentary Film Festival
One of the oldest documentary film festivals in North America.
Valley of the Vapors Independent Music Festival
A popular music festival showcasing independent artists.
Hot Springs Blues Festival
A weekend of blues music featuring regional and national acts.
World Championship Running of the Tubs
A quirky annual event where teams race bathtubs down Bathhouse Row.
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