Is Hot Springs Village, Arkansas a Good Place To Live? - Living In Hot Springs Village, AR

Is Hot Springs Village, Arkansas a good place to live?
Hot Springs Village is a city in Arkansas state in USA with a population of 15562 residents.. The poverty rate of Hot Springs Village is 9.1%, which is 35% lower than national average. The typical household in Hot Springs Village earns $61130 a year, compared to the national median of $67,500. Nearly 39.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Hot Springs Village, only 98% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hot Springs Village remained 4.5%, which is 4% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hot Springs Village, only 40% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Hot Springs Village is 99, which is 1% lower than national average. Median home value in Hot Springs Village is $212800 , which is 7% lower than national average. While median income in Hot Springs Village remained $61130, which is 9% lower than national average.
Population
15562
Unemployment
4.5%
4% NAT AVG.
Poverty
9.1%
35% NAT AVG.
Overall Score
5
Median Home Cost
$212800
7% NAT AVG.
Median Income
$61130
9% NAT AVG.
Median Rent
$1160
0% NAT AVG.
Cost Of Living
99
1% NAT AVG.
People Living BPL
1 in 11
Unemployed People
1 in 22
People Earning < $10,000
1 in 24
People Earning < $50,000
39.4%
People with <= High School
1 in 4.5
People With Any Degree
1 in 2
Pros & Cons Overview

Jobs80%

Housing85%

Affordability50%

Safety70%

Amenities70%

Diversity30%

Education90%

Commute40%