Cost of Living in Hot Springs, AR
Population: 38,023 • 2026 Data
$46,441
Median Household Income
-40% vs national
$902
Median Monthly Rent
-33% vs national
$156,900
Median Home Value
-54% vs national
5.5%
Unemployment Rate
Housing in Hot Springs
The median home value in Hot Springs, AR is $156,900. Monthly rent for a typical unit averages $902, while total monthly housing costs (including utilities and insurance) average $818.
Rent-to-income ratio: 23.3%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Hot Springs, AR is $46,441. The unemployment rate stands at 5.5%, with a labor force of 17,561 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.