Hot Springs Village, AR
Full City Profile · Arkansas · Saline County County
Hot Springs Village, AR
At a Glance
How Hot Springs Village Compares to the U.S. Average
Each bar shows Hot Springs Village's value as a percentage of the national average (100% = U.S. avg)
Is Hot Springs Village a Good Place to Live?
Economy & Jobs
Hot Springs Village residents earn a median household income of $69,953 , which is 7% below the national average of $75,149. Per capita income is $44,568. The unemployment rate stands at 4.1% (14% above the U.S. rate of 3.6%). 4.7% of residents live below the poverty line. The area is home to 2,457 business establishments, including 189 restaurants.
Housing & Cost of Living
The median home value in Hot Springs Village is $262,000 , 7% below the national median of $281,900. Zillow estimates the typical home at $307,427. Median rent is $1,167/month, with 31.4% of renters spending more than 30% of income on housing. The cost of living index is 86.9 (100 = national average). The median home was built in 1995.
Safety & Crime
Hot Springs Village reports 88 violent crimes per 100,000 residents , which is 77% below the national average of 380/100K. Property crime is 189/100K.
Education
35.0% of adults in Hot Springs Village hold a bachelor's degree or higher (4% above the national average). 97.5% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
Hot Springs Village has an average annual temperature of 63°F (17°C). Winters average 42°F in January while summers reach 83°F in July. Annual precipitation totals 53.6 inches.