Hot Springs Average Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for Hot Springs, Arkansas? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for Hot Springs, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in Hot Springs is $46,537.00.

The chart below shows the average household income by age in Hot Springs.

• Under 25
  $29,961.00
• 25 to 44
  $50,625.00
• 45 to 64
  $53,889.00
• 65 and over
  $40,385.00

Average Household Income

A very commonly asked question is "what is the average household income in Hot Springs, Arkansas?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in Hot Springs is $63,074.00.

3.11% of households in Hot Springs, Arkansas are classed as high income households (making $200,000+ per year).

Household Income Tiers for Hot Springs

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for Hot Springs, Arkansas easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  27.84%
• $25,000 to $49,999
  25.69%
• $50,000 to $74,999
  17.57%
• $75,000 to $99,999
  11.04%
• $100,000 to $149,999
  10.53%
• $150,000 to $199,999
  4.21%
• $200,000 or more
  3.11%

Per Capita Income

The per capita income is the average income of all people in Hot Springs, Arkansas. This is calculated by dividing the total income of all people in Hot Springs by the total number of people in Hot Springs.

It differs from the average or mean household income because it includes all people in Hot Springs and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in Hot Springs, Arkansas is $28,775.00.

Population in Hot Springs by Race and Ethnicity

The total population in Hot Springs is currently 38,025 people.

The race and ethnicity of the population in Hot Springs can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in Hot Springs, Arkansas.

• 3.00% White
  1,154
• 89.30% Black/African American
  33,955
• 65.90% Native
  25,043
• 4.10% Hispanic
  1,547
• 17.00% Asian
  6,478
• 0.60% Hawaiian/Pacific Islander
  239
• 0.00% Two or more races
  0
• 1.40% Other
  539

Population of Hot Springs by Age and Gender

Another very important demographics statistic for Hot Springs, Arkansas is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in Hot Springs, Arkansas.

• Master's degree or higher
  11.46%
• Bachelor's degree
  27.27%
• Some college or associate's degree
  14.26%
• High school diploma or equivalent
  43.78%
• Less than high school diploma
  3.23%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for Hot Springs because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in Hot Springs look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in Hot Springs, Arkansas that are over the age of 16.

The current population in Hot Springs that are over the age of 16 is 31,877 people.

The unemployment rate in Hot Springs is 5.40%, which means 943 people are unemployed.

Median Age in Hot Springs

The median age is an interesting metric because it gives us an idea of the age distribution of people in Hot Springs, Arkansas. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in Hot Springs is 44.7 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in Hot Springs

44.7

Total

42.4

Male

47.3

Female

Households and Families

There are a total of 17,402 households in Hot Springs, and the average household size is 2.1 people.

For families, the total number is 10,018, and the average family size is 2.66 people.

14.60% of those families in Hot Springs, Arkansas are living below the poverty line.

The table below shows the poverty thresholds for Hot Springs in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in Hot Springs, Arkansas for each type, as well as the average sizes.

Housing Data in Hot Springs

There are total of 21,156 housing units in Hot Springs, Arkansas. Of those units, 17,402 (82.26%) are occupied, and 3,754 (17.74%) are vacant.

Rental Rates

Of the 21,156 housing units in Hot Springs, 7,272 (34.37%) are occupied by renters. The median rent paid by renters is $857.00.

Owner occupied housing units make up the remaining 45.76% of housing units, with 9,681 housing units in total.

The table below breaks down how much rent is paid by renters in Hot Springs, Arkansas.

• No rent paid
  449
• Less than $500
  1,400
• $500 to $999
  3,507
• $1,000 to $1,499
  1,823
• $1,500 to $1,999
  337
• $2,000 to $2,499
  113
• $2,500 to $2,999
  53
• $3,000 or more
  39

Property Values

The median value of a property in Hot Springs is $148,100.00.

The table below breaks down the range of valuations for all properties in Hot Springs.

• Less than $50,000
  1,080
• $50,000 to $99,999
  1,866
• $100,000 to $149,999
  1,979
• $150,000 to $199,999
  1,443
• $200,000 to $299,999
  1,884
• $300,000 to $499,999
  1,073
• $500,000 to $999,999
  302
• $1,000,000 or more
  54

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in Hot Springs, Arkansas.

• 1939 or earlier
  2,868
• 1940 to 1949
  2,013
• 1950 to 1959
  2,506
• 1960 to 1969
  2,923
• 1970 to 1979
  3,395
• 1980 to 1989
  2,728
• 1990 to 1999
  1,668
• 2000 to 2009
  1,940
• 2010 to 2013
  1,040
• 2014 or later
  75

Vehicles Available per Household

Finally, we have data on how many vehicles each household in Hot Springs has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  1,861
• 1 vehicle available
  7,188
• 2 vehicles available
  5,618
• 3 or more vehicles available
  2,735

Commuting to Work in Hot Springs

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of Hot Springs, Arkansas, how they commute, and how that correlates to other data points.

The average travel time is 17.8 minutes, and the chart below covers the range of travel times across the population of Hot Springs.

• Less than 5 minutes
  1,079
• 5 to 9 minutes
  3,152
• 10 to 14 minutes
  3,577
• 15 to 19 minutes
  3,269
• 20 to 24 minutes
  1,249
• 25 to 29 minutes
  222
• 30 to 34 minutes
  919
• 35 to 39 minutes
  231
• 40 to 44 minutes
  114
• 45 to 59 minutes
  536
• 60 to 89 minutes
  456
• 90 or more minutes
  286

We can also look at the means of transport in Hot Springs to see which modes of transport people are using to commute to work.

• Drove alone
  12,231
• Carpooled
  1,978
• Public transportation
  137
• Walked
  400
• Other means
  344
• Worked from home
  662

Conclusion

Hopefully this article has given you the demographics data you were looking for in Hot Springs, Arkansas.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for Hot Springs.

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