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Hot Springs, MT
Full City Profile · Montana · Lake County County
2.5
/5.0
C+
Fair
558
Population
1,468/sq mi density
$21,319
Median Income
$21,125 per capita
$139,100
Home Value
$246,429 Zillow
$683
Median Rent
41.9% income on rent
45°F
Avg Temperature
273 sunny days/yr
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$21,319 median income, 4.4% unemployment
C+
Affordability
3.0 / 5.0
$139,100 home value, $683/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher
Income Overview
Median Household Income
$21,319
72% below
US avg: $75,149
Per Capita Income
$21,125
46% below
US avg: $39,052
Unemployment Rate
4.4%
22% above
US avg: 3.6%
Poverty Rate
17.7%
43% above
US avg: 12.4%
Income Comparison: Hot Springs vs. U.S. Average
Each bar shows Hot Springs’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$21,319
28%
Per Capita
US: $39,052
$21,125
54%
IRS Avg AGI
US: $72,000
$71,531
99%
Avg Weekly Wage
US: $1,432
$967
68%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$967
32% below US avg ($1,432)
Mean Commute Time
15 min
47% below US avg (28 min)
Work From Home
12.8%
16% below US avg (15.2%)
Drive Alone
48.7%
34% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,355M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
48.7%
Public Transit
0%
Work From Home
12.8%
Other
38.5%
Average commute time
15 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,300
Restaurants
92
Healthcare
98
Retail
109
Manufacturing
43
Tax & Financial
IRS Avg Adjusted Gross Income
$71,531
1% below US avg ($72,000)
Avg Property Tax
$4,744
36% above US avg ($3,500)
Cost of Living Index
94.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $21,319 |
| Per Capita Income | $21,125 |
| IRS Avg Adjusted Gross Income | $71,531 |
| Avg Weekly Wage | $967 |
| County GDP | $1,355M |
Hardship Indicators
| Unemployment Rate | 4.4% |
| Poverty Rate | 17.7% |
| Gini Coefficient | 0.484 |
| Cost of Living Index | 94.6 |
Commute
| Mean Commute | 15 minutes |
| Drive Alone | 48.7% |
| Public Transit | 0.0% |
| Work From Home | 12.8% |
Businesses
| Total Establishments | 1,300 |
| Restaurants | 92 |
| Healthcare | 98 |
| Retail | 109 |
| Manufacturing | 43 |
Tax
| IRS Avg AGI | $71,531 |
| Avg Property Tax | $4,744 |