Hot Springs
Hot Springs city, South Dakota
Nestled in the Black Hills of South Dakota, Hot Springs offers a unique blend of small-town charm and stunning natural beauty. With a population just shy of 3,500, this community provides a welcome respite from the hustle and bustle of city life. What truly sets Hot Springs apart is its remarkable affordability. The median home value hovers around $145,900, a figure that is significantly lower than the national average, making homeownership a realistic dream for many. Coupled with a cost of living that is demonstrably lower than in larger metropolitan areas, your hard-earned dollars stretch much further here. Imagine waking up to views of the surrounding hills, enjoying a slower pace of life, and still having plenty of financial flexibility.
From an investment perspective, Hot Springs presents an attractive opportunity. While the median household income of $47,337 is below the national average, the low cost of living and the desirability of the area contribute to a stable housing market. The town's low crime rates give residents a sense of peace. Hot Springs is a haven for those seeking a tranquil lifestyle, retirees looking for an affordable spot to settle, and outdoor enthusiasts eager to explore the surrounding Black Hills. If you're looking for a place where community matters and nature is at your doorstep, Hot Springs is definitely worth considering.
Hot Springs, South Dakota at a Glance
Hot Springs is a city in Hot Springs city, South Dakota with a population of approximately 3,465. The median home value is $145,900 and the median household income is $47,337.. The violent crime rate is 7.8 per 1,000 residents, compared to the national average of 3.6.. Median rent is $813 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$145,900
Median Income
$47,337
Population
3,465
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 3,465
- Median Age
- N/A
- Median Household Income
- $47,337
37% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 27.1%
119% above nat'l avg
- Median Home Value
- $145,900
48% below nat'l avg
- Median Rent
- $813
30% below nat'l avg
- Homeownership Rate
- 63.8%
3% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 7.8 per 1K
117% above nat'l avg
- Property Crime Rate
- 8.1 per 1K
57% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 3.1%
16% below nat'l avg
- Poverty Rate
- 27.1%
119% above nat'l avg
Political Landscape
↗ Trending more Democratic
Based on Hyde County county-level presidential election data
Culture & Things to Do in Hot Springs
Fall River Balloon Rally
Annual hot air balloon festival held in Hot Springs.
Days of '76 Rodeo and Parade
A rodeo and parade celebrating the history of the Black Hills.
Hot Springs Farmers Market
A weekly market offering local produce and crafts.
Christmas in the Hills
A holiday celebration with events throughout the town.
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