What is the median household income in Hot Springs Village, AR?
The median household income in Hot Springs Village, AR is $75,370 (±$5,008) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,209 a month would take about $48,400 a year at the common guideline of spending no more than 30% of income on rent.
In Hot Springs Village, the median household income went from $58,899 in 2015–2019 to $75,370 in 2020–2024 (+28.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $75,370 (±$5,008)
- Median renter income
- $66,645 (±$9,982)
- Income to afford median rent
- about $48,400
Income in Hot Springs Village against Garland County, its state and the nation
| Hot Springs Village | Garland County | Arkansas | United States | |
|---|---|---|---|---|
| Median household income | $75,370 (±$5,008) | $57,181 (±$2,452) | $60,773 (±$467) | $80,734 |
| Median renter household income | $66,645 (±$9,982) | $39,229 (±$3,394) | $39,315 (±$589) | $52,966 |
| Median owner household income | $76,907 (±$5,360) | $67,148 (±$2,942) | $75,473 (±$657) | $100,009 |
| Median gross rent | $1,209 (±$151) | $966 (±$27) | $947 (±$6) | $1,413 |
In Hot Springs Village, median household income is higher than in Garland County ($57,181).
It is also higher than in Arkansas ($60,773).
It is lower than the national figure ($80,734).
In Garland County, Hot Springs Village ranks 1 of 8 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 58 of 480.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Hot Springs Village
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,209 a month ($14,508 a year) needs an income of about $48,400 a year.
The median renting household in Hot Springs Village earns $66,645 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $58,899 (±$3,941) | $75,370 (±$5,008) | +28.0% | No measurable change after inflation |
| Median gross rent | $1,076 (±$71) | $1,209 (±$151) | +12.4% | No measurable change after inflation |
| Median home value | $207,800 (±$12,010) | $272,000 (±$11,728) | +30.9% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Hot Springs Village
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hot Springs Village | — | $75,370 (±$5,008) | — |
| Fountain Lake | 4.3 mi | $60,093 (±$33,663) | Not measurably different |
| Lonsdale | 12 mi | $68,590 (±$712) | Lower |
| Hot Springs | 13 mi | $47,760 (±$3,085) | Lower |
| Mountain Pine | 13 mi | $49,013 (±$32,922) | Not measurably different |
| Piney | 15 mi | $50,901 (±$4,837) | Lower |
| Rockwell | 16 mi | $63,500 (±$16,562) | Not measurably different |
| Lake Hamilton | 17 mi | $73,696 (±$27,486) | Not measurably different |
| Rockport | 20 mi | $68,750 (±$21,592) | Not measurably different |
Nearby places with a measurably lower figure: Lonsdale, AR ($68,590), Hot Springs, AR ($47,760), Piney, AR ($50,901).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Garland County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Hot Springs Village | $75,370 (±$5,008) |
| 2 | Lake Hamilton | $73,696 (±$27,486) |
| 3 | Lonsdale | $68,590 (±$712) |
| 4 | Rockwell | $63,500 (±$16,562) |
| 5 | Fountain Lake | $60,093 (±$33,663) |
| 6 | Piney | $50,901 (±$4,837) |
| 7 | Mountain Pine | $49,013 (±$32,922) |
Showing 7 of 8 places in Garland County, ranked from highest to lowest.
Hot Springs Village is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Hot Springs Village
What is the median household income in Hot Springs Village?
The median household income in Hot Springs Village is $75,370 (±$5,008) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Hot Springs Village?
About $48,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,209 a month.
Have incomes in Hot Springs Village kept up with inflation?
In Hot Springs Village, the median household income went from $58,899 in 2015–2019 to $75,370 in 2020–2024 (+28.0%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Hot Springs Village?
The median renting household in Hot Springs Village, AR earns $66,645 (±$9,982) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hot Springs Village CDP, Arkansas
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hot Springs Village CDP, Arkansas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hot Springs Village CDP, Arkansas
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hot Springs Village CDP, Arkansas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hot Springs Village CDP, Arkansas
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hot Springs Village CDP, Arkansas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Hot Springs Village CDP, Arkansas (place:33482, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Hot Springs Village
- Rent by bedrooms in Hot Springs Village
- Rent burden in Hot Springs Village
- Renters and owners in Hot Springs Village
- Home values in Hot Springs Village
- Homeowner costs in Hot Springs Village
- Property taxes in Hot Springs Village
- Types of homes in Hot Springs Village
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- Age of homes in Hot Springs Village
- Vacancy rate in Hot Springs Village
- Heating fuel in Hot Springs Village
- Commute and cars in Hot Springs Village
- Population growth in Hot Springs Village
- How long people stay in Hot Springs Village
- Crowding and facilities in Hot Springs Village
- Arkansas landlord and tenant rules
- Housing across Garland County
- Arkansas places ranked by median household income
- Housing data for every place in Arkansas