Hot Springs, Arkansas is a small city with just over 36,000 residents. It's a nice place to settle down, as retirees make up a greater percentage of the population (20%) here than they do nationally (14%). Home ownership is more common than renting in the area, and 45% of residents rent. At $732 per month, the average rent is roughly equal to the state average.
Hot Springs has a relatively large number of residents older than 25 who have earned a high school degree or GED (21%) compared to the national average. Further, 9% possess a Bachelor's degree and 4% have earned a Master's or Doctoral degree. Many Hot Springs residents work in one of three industries: entertainment, healthcare, and retail. Combined, these industries account for 20% of the city's labor force. Meanwhile, looking at job function, many of the city's workers are in sales, which ranks as the top career path in the city. Hot Springs workers earn an average annual income of just over $47K, about $11,000 less than the state average. Hot Springs's average income also falls below the national average of $73,345.
Hot Springs residents have an average commute of about 19 minutes, shorter than the Arkansas average of about 22 minutes. Driving a vehicle is the most common way to get to work, chosen by 35% of workers, while public transit isn't used widely. Not many residents commute to work on foot.
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