Hot Springs is a city in Arkansas state in USA with a population of 38697 residents.. The poverty rate of Hot Springs is 20.3%, which is 45% higher than national average. The typical household in Hot Springs earns $40125 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 9 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.5% 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, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Hot Springs remained 5.3%, which is 13% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Hot Springs, only 21% of adults have a bachelor's degree and 34% have some college but no degree.

Cost of living in Hot Springs is 87, which is 13% lower than national average. Median home value in Hot Springs is $127500 , which is 45% lower than national average. While median income in Hot Springs remained $40125, which is 41% lower than national average.