Hot Springs, MT
Full City Profile · Montana · Lake County County
Hot Springs, MT
At a Glance
How Hot Springs Compares to the U.S. Average
Each bar shows Hot Springs's value as a percentage of the national average (100% = U.S. avg)
Is Hot Springs a Good Place to Live?
Economy & Jobs
Hot Springs residents earn a median household income of $21,319 , which is 72% below the national average of $75,149. Per capita income is $21,125. The unemployment rate stands at 10.5% (192% above the U.S. rate of 3.6%). 17.7% of residents live below the poverty line. The area is home to 1,300 business establishments, including 92 restaurants.
Housing & Cost of Living
The median home value in Hot Springs is $139,100 , 51% below the national median of $281,900. Zillow estimates the typical home at $260,307. Median rent is $683/month, with 41.9% of renters spending more than 30% of income on housing. The cost of living index is 94.6 (100 = national average). The median home was built in 1949.
Safety & Crime
Hot Springs reports 472 violent crimes per 100,000 residents , which is 24% above the national average of 380/100K. Property crime is 629/100K.
Education
14.7% of adults in Hot Springs hold a bachelor's degree or higher (56% below the national average). 86.9% have completed high school. Local schools score 5.1/10 in standardized testing.
Climate & Weather
Hot Springs has an average annual temperature of 45°F (7°C). Winters average 26°F in January while summers reach 67°F in July. Annual precipitation totals 15.7 inches.