Hot Springs, SD
Population 3,506 · South Dakota
About Hot Springs, SD
Hot Springs is a small community in South Dakota with a population of 3,506 residents. The median household income is $49,688 per year, which is below the national average. The median age in Hot Springs is 59.3 years.
Housing in Hot Springs has a median home value of $168,200 and median monthly rent of $854. Of the 2,031 total housing units, the majority are owner-occupied, with 1,232 owner-occupied and 659 renter-occupied units.
The unemployment rate in Hot Springs is 3.5% and the poverty rate is 27.9%. 18.2% of residents hold a bachelor's degree or higher. The average commute time is 17.7 minutes.
How Hot Springs Ranks in South Dakota
Cost of Living in Hot Springs, SD
Compared to national averages, Hot Springs has a median household income of $49,688 (34% below the national median of $75,149). Home values average $168,200, which is 31% below the national median. Monthly rent at $854 is 27% below the US average of $1,163. Within South Dakota, Hot Springs's income is 23% below the state average of $64,650, and home values are 17% above the state median of $143,757.
Why Live in Hot Springs, SD?
Hot Springs offers affordable housing with a median home value of $168,200, below the US average of $244,900, and rent that’s lower than the national average at $854/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features short commute times averaging just 17.7 minutes.
Potential considerations include median household income ($49,688) that falls below the national average. However, Hot Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hot Springs has a population of 3,506 with a median age of 59.3 years. Compare Hot Springs with other cities to see how it stacks up, or explore all cities in South Dakota.
Similar Cities Near Hot Springs
Cities in South Dakota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Milbank | 3,513 | $58,462 | $161,300 | Compare |
| Hartford | 3,412 | $95,426 | $223,400 | Compare |
| Dell Rapids | 3,947 | $101,250 | $284,400 | Compare |
| Canton | 3,060 | $65,500 | $191,000 | Compare |
| North Sioux City | 3,018 | $76,481 | $234,500 | Compare |
| Lead | 2,997 | $57,348 | $192,800 | Compare |
| Summerset | 2,978 | $115,197 | $337,900 | Compare |
| Mobridge | 2,928 | $61,556 | $122,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Hot Springs
What is the population of Hot Springs, SD?
The population of Hot Springs, SD is 3,506 according to the latest Census data.
What is the median household income in Hot Springs?
The median household income in Hot Springs, SD is $49,688 per year.
What is the median home value in Hot Springs?
The median home value in Hot Springs, SD is $168,200.
What is the average rent in Hot Springs?
The median monthly rent in Hot Springs, SD is $854.
What is the unemployment rate in Hot Springs?
The unemployment rate in Hot Springs, SD is 3.5%.