Is Hot Springs, South Dakota a Good Place To Live? - Living In Hot Springs, SD

Is Hot Springs, South Dakota a good place to live?
Hot Springs is a city in South Dakota state in USA with a population of 3509 residents.. The poverty rate of Hot Springs is 15.4%, which is 10% higher than national average. The typical household in Hot Springs earns $46071 a year, compared to the national median of $67,500. Nearly 51.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hot Springs, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hot Springs remained 3.4%, which is 28% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hot Springs, only 21% of adults have a bachelor's degree and 40% have some college but no degree.

Cost of living in Hot Springs is 0, which is 100% lower than national average. Median home value in Hot Springs is $118100 , which is 49% lower than national average. While median income in Hot Springs remained $46071, which is 32% lower than national average.
Population
3509
Unemployment
3.4%
28% NAT AVG.
Poverty
15.4%
10% NAT AVG.
Overall Score
6
Median Home Cost
$118100
49% NAT AVG.
Median Income
$46071
32% NAT AVG.
Median Rent
$584
50% NAT AVG.
People Living BPL
1 in 6
Unemployed People
1 in 29
People Earning < $10,000
1 in 11
People Earning < $50,000
51.9%
People with <= High School
1 in 2.6
People With Any Degree
1 in 3.4
Pros & Cons Overview

Jobs80%

Housing50%

Affordability85%

Safety70%

Amenities70%

Diversity80%

Education80%

Commute95%