Pros and Cons of Living In Hot Springs, Arkansas. Is Hot Springs, AR a Nice Place To Live or Retire?

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Hot Springs, Arkansas

Moving to Hot Springs In Arkansas ? Is Hot Springs, AR a Nice Place To Live? Pros and Cons of Living in Hot Springs, Arkansas. Find out the best and worst about to live, raise a family or retire in Hot Springs.

DEMOGRAPHICS

Population
38697
Unemployment
5.3%
13% NAT AVG.
Poverty
20.3%
45% NAT AVG.
Cost Of Living
87
13% NAT AVG.

ECONOMICS

Median Home Cost
$127500
45% NAT AVG.
Median Income
$40125
41% NAT AVG.
Median Rent
$749
35% NAT AVG.
Overall Score
3

CRIME REPORT

Total Crime
2563
181% NAT. AVG.
101% STATE AVG.
Violent Crime
287
90% NAT. AVG.
10% STATE AVG.
Property Crime
2276
199% NAT. AVG.
124% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 5
Unemployed People
1 in 19
People Earning < $10,000
1 in 9
People Earning < $50,000
59.5%
People With Any Degree
1 in 3.6

ETHNICITY

Ethnicity Hot Springs USA
White 66.4% 60.1%
African American 16.8% 12.2%
American Indian 1.2% 0.6%
Asian 1.5% 5.6%
Hawaiian 0% 0.2%
Multiracial 3.8% 2.8%
Hispanic 10.2% 18.2%
Other 0.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Hot Springs USA
Less than $10,000 11.3% 5.8%
$10,000 to $14,999 7% 4.1%
$15,000 to $24,999 12.8% 8.5%
$25,000 to $34,999 12.9% 8.6%
$35,000 to $49,999 15.5% 12.0%
$50,000 to $74,999 20% 17.2%
$75,000 to $99,999 8.7% 12.8%
$100,000 to $149,999 6.2% 15.6%
$150,000 to $199,999 2.8% 7.1%

EDUCATION

Education Hot Springs USA
< 9th Grade 4% 5.0%
9-12th Grade 10% 7.0%
High School or GED 31% 27.0%
Other College 27% 20.0%
Associate's Degree 7% 9%
Bachelor's Degree 14% 20.0%
Master's Degree 5% 9.0%
Professional Degree 1% 2.0%
Doctorate Degree 1% 1.0%
Hot Springs is a city in Arkansas state in USA with a population of 38697 residents.. The poverty rate of Hot Springs is 20.3%, which is 45% higher than national average. The typical household in Hot Springs earns $40125 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Hot Springs remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census.

Cost of living in Hot Springs is 87, which is 13% lower than national average. In Hot Springs, only 21% of adults have a bachelor's degree and 34% have some college but no degree. Median home value in Hot Springs is $127500 , which is 45% lower than national average. While median income in Hot Springs remained $40125, which is 41% lower than national average.
Hot Springs Scorecard

Jobs50%

Housing60%

Affordability60%

Safety30%

Amenities80%

Diversity85%

Education60%

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