Safe Rate Local

Hot Spring County

Learn about the people, housing, costs and businesses in Hot Spring County County

Median Home$151,844
Median Rent$799/month
Population33,180
Leading IndustriesPublic Administration · Manufacturing26% public administration
Home Value Growth⬆⬆+19.9% over 2 years
Young Adults27% of residentsnear the national average
Homeowners76% of occupied units
NotableAffordable Market$152k median home · lower cost than 68% of the country
Hot Spring County
AR

Frequently Asked Questions

What are today's mortgage rates in Hot Spring County?

As of today, the 30-year fixed mortgage rate for Hot Spring County is approximately 7.195% (7.225% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Hot Spring County
What is the median home price in Hot Spring County?

The median home value in Hot Spring County is $152k. The median monthly rent is $799. Annual property taxes average $780. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hot Spring County?

Home values in Hot Spring County have increased 19.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hot Spring County?

Based on a typical all-in ownership cost of $728/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hot Spring County is $59k/year.

Calculate your buying power
What industries drive the economy in Hot Spring County?

The largest employment sectors in Hot Spring County are public administration (26%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas