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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
Change Over Time (2013–2023)
Population Change
+12.6%
547 → 616
over 10 years
Annual Pop. Growth
+1.2%
Compound annual growth rate
Median Income Change
-15.6%
$25,250 → $21,319
nominal, not inflation-adjusted
Annual Income Growth
-1.68%
Compound annual growth rate
Population Over Time
Total population for Hot Springs across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
670
+54 from 2023 (616)
Projected Median Income 2030
$18,935
$-2,384 from 2023 ($21,319)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 547 | — | $25,250 | — |
| 2015 | 547 | +0% | $21,000 | -16.8% |
| 2017 | 567 | +3.7% | $21,161 | +0.8% |
| 2019 | 577 | +1.8% | $20,972 | -0.9% |
| 2021 | 587 | +1.7% | $19,659 | -6.3% |
| 2023 | 616 | +4.9% | $21,319 | +8.4% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.