Hot Springs Village has a population of approximately 15,970 and experiences a population change rate of 90.19%. The population density is 280.5 / sq mi .
Hot Springs Village has a population of approximately 15,970 and experiences a population change rate of 90.19%. The population density is 280.5 / sq mi .
The median household income for Hot Springs Village is $62,938, with 8,149 households and an average household size of 1.95.
The median value of a home in Hot Springs Village is $270,400 with an appreciation rate of 19.00%. 72.87% of housing in the state is owned while 12.22% is rented.
The cost of living in Hot Springs Village is 97.1 %.
The unemployment rate in Hot Springs Village is 2.80%, and recent job growth is at 2.08%. Future job growth is projected at 44.96%.
The sales tax rate in Hot Springs Village is 8.00%, while the income tax rate is 5.50% .
School expenditures in Hot Springs Village are $13,904, and the school ratio is 14.1:1.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 30.4 degrees. The average rainfall is approximately 56.1 inches per year, with 3.8 inches of snow per year.