Hot Springs Village, AR
Population 16,509 · Arkansas
About Hot Springs Village, AR
Hot Springs Village is a mid-sized city located in Arkansas with a population of 16,509 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,953 per year, which is 7% below the national median of $75,149. The median age of 69.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Hot Springs Village features a median home value of $262,000, which is 7% above the national median of $244,900. This positions Hot Springs Village in a moderately priced market relative to the rest of the country. Median monthly rent is $1,167, 0% above the national average of $1,163/month. Of the 9,707 total housing units, 87% are owner-occupied (7,448 units) and 13% are renter-occupied (1,158 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hot Springs Village shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 9.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hot Springs Village have an average one-way commute time of 29.8 minutes.
Education & Demographics
35.0% of Hot Springs Village residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.5% White, 1.9% Hispanic or Latino, 0.1% Black or African American, and 0.5% Asian residents, with 2.3% of the population being foreign-born.
Climate & Weather
Hot Springs Village experiences an annual average temperature of 63.4°F with 52.6" of precipitation per year. The moderate climate offers a balance of seasonal variety without extremes. Summer highs average around 93°F (July–August), while winter lows dip to approximately 39°F (December–January).
How Hot Springs Village Ranks in Arkansas
Cost of Living in Hot Springs Village, AR
Compared to national averages, Hot Springs Village has a median household income of $69,953 (7% below the national median of $75,149). Home values average $262,000, which is 7% above the national median. Monthly rent at $1,167 is 0% above the US average of $1,163. Within Arkansas, Hot Springs Village's income is 34% above the state average of $52,241, and home values are 109% above the state median of $125,457.
Why Live in Hot Springs Village, AR?
Hot Springs Village offers a well-educated community where 35.0% of residents hold a bachelor’s degree or higher, and a low poverty rate of 9.5%, better than the national average.
Potential considerations include median household income ($69,953) that falls below the national average. However, Hot Springs Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hot Springs Village has a population of 16,509 with a median age of 69.8 years. Compare Hot Springs Village with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Hot Springs Village
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| El Dorado | 17,382 | $45,159 | $113,100 | Compare |
| Siloam Springs | 18,096 | $65,725 | $205,000 | Compare |
| Maumelle | 19,286 | $92,466 | $276,900 | Compare |
| Marion | 13,641 | $80,637 | $206,300 | Compare |
| Harrison | 13,217 | $40,568 | $165,000 | Compare |
| Blytheville | 13,026 | $49,928 | $101,200 | Compare |
| Mountain Home | 13,021 | $42,103 | $160,200 | Compare |
| Forrest City | 12,826 | $33,522 | $87,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Climate & Weather in Hot Springs Village
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 54 | 60 | 63 | 69 | 81 | 90 | 92 | 94 | 87 | 73 | 62 | 56 |
| Low °F | 39 | 42 | 45 | 50 | 62 | 69 | 73 | 73 | 67 | 56 | 45 | 39 |
| Rain " | 6.9 | 6.1 | 9.1 | 4.6 | 4.5 | 1.4 | 4.6 | 1.4 | 1.7 | 7.8 | 2.6 | 1.9 |
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Hot Springs Village With Other Cities
Frequently Asked Questions about Hot Springs Village
What is the population of Hot Springs Village, AR?
The population of Hot Springs Village, AR is 16,509 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Arkansas.
What is the median household income in Hot Springs Village?
The median household income in Hot Springs Village, AR is $69,953 per year, which is 7% below the national median of $75,149.
What is the median home value in Hot Springs Village?
The median home value in Hot Springs Village, AR is $262,000, which is 7% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hot Springs Village?
The median monthly rent in Hot Springs Village, AR is $1,167, which is 0% above the national average of $1,163/month.
What is the unemployment rate in Hot Springs Village?
The unemployment rate in Hot Springs Village, AR is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Hot Springs Village, AR a good place to live?
Hot Springs Village offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 16,509 and a median age of 69.8, the city appeals to established professionals and retirees.
How educated is Hot Springs Village, AR?
35.0% of residents in Hot Springs Village aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Hot Springs Village?
Key cost-of-living indicators for Hot Springs Village, AR: median home value is $262,000 (7% above national), median rent is $1,167/month, and median household income is $69,953. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Hot Springs Village?
The poverty rate in Hot Springs Village, AR is 9.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hot Springs Village, AR?
Hot Springs Village's population is 1.5% White, 1.9% Hispanic or Latino, 0.1% Black or African American, 0.5% Asian, and 1.0% two or more races. 2.3% of residents are foreign-born.