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Hot Springs, VA

Full City Profile · Virginia · Bath County County

3.3 /5.0
B Good
540 Population 97/sq mi density
$101,964 Median Income $39,439 per capita
$254,400 Home Value $206,041 Zillow
48°F Avg Temperature 293 sunny days/yr
173 Violent Crime/100K 1,918 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$101,964 median income, 0.9% unemployment
A+
Affordability
5.0 / 5.0
$254,400 home value, /mo rent
F
Safety
1.0 / 5.0
173 violent crimes/100K
C
Education
2.1 / 5.0
13.4% bachelor's degree or higher

Housing Overview

Median Home Value
$254,400
10% below
US avg: $281,900
Homeownership Rate
77.4%
18% above US avg (65.4%)
Total Housing Units
620
Median year built: 1971

Home Value by Source

Census Median
$254,400
Zillow (ZHVI)
$206,041
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

77.4%
Owner-Occupied
22.6%
Renter-Occupied
77%
23%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo

Affordability & Housing Stock

Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
77.4%

Complete Housing Data

Home Values

Census Median Value$254,400
Zillow Home Value (ZHVI)$206,041

Rent

FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Ownership & Stock

Owner-Occupied77.4%
Renter-Occupied22.6%
Homeownership Rate77.4%
Total Housing Units620
Median Year Built1971
Rent Burden19.0%