Hot Springs, AR — City Data, Demographics & Statistics
Garland County · Arkansas
City DNA
A unique fingerprint for Hot Springs based on 8 key metrics — compared to averages.
Quick Stats
Population
38,023
2023 ACS
Median Income
$46,441
2023
Median Home Value
$156,900
2023
Median Rent
$902
2023
Median Age
45.1
Unemployment
5.5%
Cost of Living Index
82.3
100 = national avg
Hot Springs is a city in Garland County, Arkansas, with a population of 38,023 according to the 2023 American Community Survey. Hot Springs is one of the communities in Arkansas.
The median household income in Hot Springs is $46,441, and the median home value is $156,900. The cost of living index is 82.3 (where 100 = national average), and the median rent is $902 per month. The unemployment rate is 5.5%, and the median age is 45.1 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
38,023
Male
17,705
46.6%
Female
20,318
53.4%
Median Age
45.1
Age Distribution
Education & Household
Bachelor's or Higher
19.9%
High School or Higher
40.8%
Foreign Born
7.1%
Veterans
6.8%
Married
34.3%
Avg Household Size
2.1
Marital Status by Age
Race & Ethnicity
Diversity Index
0.420
Simpson's Index (0-1)
Largest Group
White
73.2%
Foreign Born
7.1%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
11.4%
4,346 people
Not Hispanic/Latino
88.6%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
36,029
English Only
88.0%
#1 Non-English Language
Spanish
3,096 speakers
Limited English
5.1%
Language Distribution
English Proficiency
Speaks English Very Well
94.9%
Limited English Proficiency
5.1%
Veterans & Military
Total Veterans
2,589
6.8% of population
Disability Rate
32.4%
840 with disability
Veteran Median Income
$30,060
Unemployment Rate
5.3%
Period of Service
Veteran Age Distribution
Male Veterans
2,302
88.9%
Female Veterans
287
11.1%
Veteran vs Non-Veteran Income
Veteran Income
$30,060
Non-Veteran Income
$29,098
Difference
$962
3.3% higher
Disability Status
With Disability
840
Without Disability
1,749
Disability Rate
32.4%
Ancestry & Heritage
Total Reporting Ancestry
19,406
#1 Ancestry
Irish
11.3% (4,280)
#2 Ancestry
English
9.2% (3,513)
#3 Ancestry
German
8.4% (3,196)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
17,818
Family Households
9,744
54.7%
Married Couples
5,924
33.2%
Non-Family Households
8,074
45.3%
Single Mother Households
2,848
16.0%
Single Father Households
972
5.5%
Living Alone
6,770
38.0%
Children Under 18
Total Children
5,851
In Married Couple
2,546
43.5%
With Single Mother
2,896
49.5%
With Single Father
409
7.0%
Family Income
Median Family Income
$61,796
Married Couple Income
$86,071
Single Mother Income
$41,087
Single Father Income
$39,006
Avg Family Size
2.1
Avg Non-Family Size
1.9
Grandparents w/ Grandchildren
831
Grandparents Responsible
483
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$46,441
-37% vs national
Per Capita Income
$29,736
-20% vs national
Poverty Rate
21.3%
+56% vs national
Gini Index
0.4734
0 = perfect equality
Unemployment
5.5%
+6% vs national
SNAP Recipients
12.8%
of households
How Hot Springs Compares
Hot Springs vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Hot Springs is highlighted.
Median Household Income
Hot Springs, AR has a median household income of $46,441, making it the 22,941st highest median household income out of 28,123 cities in our database. This means that Hot Springs has a higher median household income than 18% of all the cities we measured.
Per Capita Income
Hot Springs, AR has a per capita income of $29,736, making it the 17,548th highest per capita income out of 28,123 cities in our database. This means that Hot Springs has a higher per capita income than 38% of all the cities we measured.
Poverty Rate
Hot Springs, AR has a poverty rate of 21.3%, making it the 6,430th highest poverty rate out of 31,262 cities in our database. This means that Hot Springs has a higher poverty rate than 79% of all the cities we measured.
Unemployment Rate
Hot Springs, AR has a unemployment rate of 5.5%, making it the 10,274th highest unemployment rate out of 31,012 cities in our database. This means that Hot Springs has a higher unemployment rate than 67% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Hot Springs. The median household income here is $46,441.
Income Distribution
Employment Snapshot
Unemployment Rate
5.5%
-9% vs AR avg
Labor Force
17,561
Employed
16,590
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
19.9%
of adults 25+
High School Diploma+
40.8%
of adults 25+
Median Age
45.1
Work from Home
5.6%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Hot Springs, AR metro area
Highest-Paying Job
Registered Nurses
Top Median Wage
$76.9K
per year
Occupations Tracked
20
Cost of Living
Overall Index
82.3
100 = national avg
-17.7 vs national average
Living Wage (1 Adult)
$36,215
per year
Living Wage (Family of 4)
$85,599
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$834
per month
2 Bedroom
$1,090
per month
The median household income in Hot Springs, AR is $46,441, which is 36.6% below the national average of $73,224. Per capita income is $29,736. The poverty rate of 21.3% is higher than the AR state average of 19.2%. The Gini index of income inequality is 0.4734, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.5%, compared to the state average of 6.1%. The labor force is 17,561. 19.9% of adults hold a bachelor's degree or higher. About 77.7% of workers drive alone to work. The overall cost of living index is 82.3, which is 17.7% below the national average. Housing costs are below the national average at an index of 87.1. A single adult needs to earn approximately $36,215 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$187,250
Median List Price
$269,000
Price Per Sq Ft
$152
Days on Market
74
Active Inventory
342
Months of Supply
8.6
Buyer's market
Zillow Home Value
$235,779
ZHVI — January 2026
Zillow Rent Index
$1,299
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
2.5%
Off Market in 2 Weeks
28.6%
Sale-to-List Ratio
94.3%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
40
New Listings
74
Pending Sales
70
Price Per Square FootRedfin
Median Sale $/SF
$152
Median List $/SF
$165
House Price IndexFHFA
How much have housing prices increased in Hot Springs, AR? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Hot Springs, AR metro area, home prices have risen 116.9% over the past 20 years. The 10-year growth rate is 94.8%. Over the last 5 years, prices increased 62.4%. In the most recent 2-year period, the index rose 15.1%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Hot Springs, AR housing market rather than Hot Springs alone.
Metro area: Hot Springs, AR
Hot Springs vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Hot Springs is highlighted.
Median Home Value
Hot Springs, AR has a median home value of $156,900, making it the 15,934th highest median home value out of 27,993 cities in our database. This means that Hot Springs has a higher median home value than 43% of all the cities we measured.
Median Rent
Hot Springs, AR has a median rent of $902, making it the 12,451st highest median rent out of 22,337 cities in our database. This means that Hot Springs has a higher median rent than 44% of all the cities we measured.
Median Price Per Sq Ft
Hot Springs, AR has a price per square foot of $152, making it the 12,371st highest price per square foot out of 20,748 cities in our database. This means that Hot Springs has a higher price per square foot than 40% of all the cities we measured.
Rent Burden
Hot Springs, AR has a rent burden of 23.3%, making it the 4,869th highest rent burden out of 21,928 cities in our database. This means that Hot Springs has a higher rent burden than 78% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$156,900
Median Rent
$902
Total Housing Units
21,652
Vacancy Rate
17.7%
Owner Occupied
57.0%
Renter Occupied
43.0%
Median Property Tax
$834
per year
Monthly Cost (w/ Mortgage)
$749
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$834
per year
Effective Tax Rate
0.53%
of home value
Median Home Value
$156,900
Estimated Mean Tax
$1,045
The effective property tax rate is calculated by dividing the median annual property tax ($834) by the median home value ($156,900). In Hot Springs, AR, this works out to an effective rate of 0.53%. This is below the national average of approximately 1.1%.
The current median sale price in Hot Springs, AR is $187,250 according to Redfin data. Homes spend a median of 74 days on the market. 2.5% of homes sold above asking price. The market has 8.6 months of supply. The median price per square foot is $152. Zillow's observed rent index is $1,299/month. About 57.0% of housing units are owner-occupied. The median year homes were built is 1972. There are 21,652 total housing units. Homeowners pay a median annual property tax of $834. The effective tax rate is 0.53%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
5.39
per 1,000 residents
+107% vs national
Property Crime Rate
41.63
per 1,000 residents
+142% vs national
Total Crimes
1,787
2024
Violent Clearance
50%
cases solved
Property Clearance
25%
cases solved
YoY Change
+4.0%
violent crime rate
worsening vs 2023
How Hot Springs Compares
Source: FBI (2024)Hot Springs vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Hot Springs is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Hot Springs police solve 83% of murder cases but only 18% of burglary cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 6 | 0.16 | 83.3% |
| Rape | Violent | 43 | 1.13 | 30.2% |
| Robbery | Violent | 20 | 0.53 | 65.0% |
| Aggravated Assault | Violent | 134 | 3.53 | 53.0% |
| Burglary | Property | 267 | 7.03 | 18.4% |
| Larceny/Theft | Property | 1,193 | 31.39 | 26.9% |
| Motor Vehicle Theft | Property | 122 | 3.21 | 24.6% |
Hot Springs, AR reported 205 violent crimes and 1,582 property crimes in 2024. The violent crime rate of 5.39 per 1,000 residents is 107.5% above the national average of 2.60 per 1,000. Law enforcement cleared 50% of violent crimes. Larceny/theft accounts for 1,193 of the property crime reports. Firearms were involved in 54.5% of aggravated assaults. Violent crime has been trending upward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 205 | 1,582 | 5.39 | 41.63 |
| 2023 | 198 | 2,298 | 5.19 | 60.19 |
| 2022 | 208 | 2,241 | 5.45 | 58.70 |
| 2021 | 185 | 2,096 | 4.74 | 53.69 |
| 2020 | 290 | 2,314 | 7.46 | 59.50 |
| 2019 | 242 | 2,674 | 6.49 | 71.76 |
| 2018 | 195 | 2,611 | 5.27 | 70.56 |
| 2017 | 223 | 2,541 | 6.03 | 68.76 |
| 2016 | 279 | 2,892 | 7.81 | 80.97 |
| 2015 | 217 | 2,956 | 6.06 | 82.61 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
89.3
Relatively Moderate
Expected Annual Loss
85.6
Score (0-100)
Social Vulnerability
81.3
Score (0-100)
Community Resilience
38.6
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
21
Public Assistance
$6.7M
Individual Assistance
$1.9M
Most Common Type
Severe Storm
5 declarations
Public Assistance by Category
Showing 20 of 22 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
270
Total Claims Paid
$4,304,382
Avg Claim Payout
$15,942
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
10
Federal Funding
$7,854,054
Properties Protected
7
Avg Benefit-Cost Ratio
2.35
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 206.2: Safe Room (Tornado and Severe Wind Shelter) - Public Structures | 6 | $7,590,427 |
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 1 | $140,809 |
| 904.1: Advanced Assistance | 1 | $77,569 |
| 91.3: Local Multihazard Mitigation Plan - UPDATE | 1 | $26,250 |
| 91.1: Local Multihazard Mitigation Plan | 1 | $19,000 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Hot Springs has a relatively moderate overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are ice storm, strong wind, tornado. The area has had 21 federal disaster declarations. The most common disaster type is severe storm (5 declarations). 270 flood insurance claims have been filed in the area. FEMA has obligated $6,663,953 in public assistance recovery funding. $1,932,882 has been distributed in individual assistance to disaster-affected residents. 10 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
41.2%
5.1pp above the national average
Depression Rate
24.2%
0.7pp above the national average
Diabetes Rate
16.2%
4.3pp above the national average
Uninsured Rate
12.6%
2.0pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
39.0%
Arthritis
33.9%
Cancer (excl. skin)
9.9%
Teeth Lost (65+)
20.6%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
18.6%
14+ days in past month
Depression
24.2%
Loneliness
34.8%
Lack of Support
26.8%
Disability Prevalence
Any Disability
43.6%
Mobility
22.2%
Cognitive
19.1%
Hearing
10.2%
Vision
7.9%
Self-Care
5.9%
Independent Living
11.8%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Hot Springs has an obesity rate of 41.2%, which is 5.1pp above the national average. The depression rate is 24.2%, 0.7pp above the national average. About 12.6% of adults lack health insurance. 80.3% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
4
Avg CMS Rating
2.0 / 5
Nearest Hospital
5.0 mi
National Park Medical Center
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| National Park Medical Center | 5.0 mi | Acute Care Hospitals | 1/5 | Yes |
| Leo N Levi Memorial Hospital | 5.0 mi | Acute Care Hospitals | — | Yes |
| Baptist Health Medical Center-Hot Springs County | 16.6 mi | Acute Care Hospitals | — | Yes |
| Arkansas Heart Hospital-Encore | 22.3 mi | Acute Care Hospitals | 3/5 | Yes |
| Rivendell Behavioral Health Services | 22.3 mi | Psychiatric | — | — |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
4
Pop. Served
85,216
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| HOT SPRINGS UTILITIES | 75,343 | 0 |
| N GARLAND CO REG WATER DIST | 7,913 | 0 |
| RIVIERA UTILITIES | 1,800 | 0 |
| MILL POND VILLAGE MHP | 160 | 0 |
There are 4 water systems serving the area.
Infrastructure
Commute Overview2023 ACS
Drive Alone
77.7%
-1% vs national
Public Transit
0.5%
-47% vs national
Work From Home
5.6%
-39% vs national
Carpool
12.6%
Walk / Bike
2.4%
combined
How Hot Springs's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
4
2023
6-Year Avg
7
fatalities/yr
Nighttime
3
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 4 | 4 | 0 | 0 | 0 |
| 2022 | 9 | 10 | 0 | 3 | 0 |
| 2021 | 5 | 5 | 0 | 2 | 0 |
| 2020 | 7 | 7 | 1 | 0 | 0 |
| 2019 | 7 | 7 | 0 | 1 | 1 |
| 2018 | 5 | 7 | 2 | 0 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Hot Springs, AR covers travel times and transportation modes. 77.7% of workers drive alone, compared to the national average of 78.7%. 5.6% work from home, which is below the AR state average of 5.8%. 12.6% of workers carpool. 2.4% walk to work. In 2023, there were 4 traffic fatalities from 4 fatal crashes.
Internet & Broadband Access
Source: Census ACSBroadband Access
82.6%
of households
Cable / Fiber / DSL
68.4%
of households
No Internet
14.5%
of households
Total Households
17,818
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
91.1%
of households
Smartphone
84.4%
of households
Desktop / Laptop
67.3%
of households
Tablet
51.1%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
12.3¢
per kWh
-35% vs 25,000 - 50,000 avg
Commercial Rate
10.2¢
per kWh
-34% vs 25,000 - 50,000 avg
Industrial Rate
6.6¢
per kWh
-44% vs 25,000 - 50,000 avg
Avg Monthly Bill
$129
residential
-12% vs 25,000 - 50,000 avg
28% below the national average of 17.1¢/kWh
Residential electricity in Arkansas averages 12.3¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $129. State-level averages from EIA Electric Sales & Revenue data (2024).
Hot Springs vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
4
Population Served
85,216
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| HOT SPRINGS UTILITIES | Community | Surface water | 75,343 | 0 |
| N GARLAND CO REG WATER DIST | Community | Surface water | 7,913 | 0 |
| RIVIERA UTILITIES | Community | Purchased surface water | 1,800 | 0 |
| MILL POND VILLAGE MHP | Community | Ground water | 160 | 0 |
82.6% of households in Hot Springs have broadband internet access. 68.4% have cable, fiber, or DSL service. 10.4% rely solely on cellular data without a wired connection. 14.5% of households have no internet access. 16.1% use only a smartphone without a desktop or laptop. The area is served by 4 water systems, providing water to 85,216 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Hot Springs is located in Garland County, AR. Results reflect all voters in the county, not just those in Hot Springs.
Election Overview
Source: Garland County (2024)2024 Winner
Republican
Dem Votes
13,015
30.8%
GOP Votes
28,359
67.0%
Total Votes
42,327
Margin
R+36.3%
Shift from 2020
R+2.3pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 13,015 | 28,359 | 42,327 | 30.8% | 67.0% | R+36.3 |
| 2020 | 14,045 | 29,069 | 44,199 | 31.8% | 65.8% | R+34.0 |
| 2016 | 12,283 | 26,053 | 40,337 | 30.4% | 64.6% | R+34.1 |
In the 2024 presidential election, Garland County recorded 42,327 total votes. Republicans won the county with 67.0% of the vote compared to 30.8% for Democrats, a margin of R+36.3%. Compared to 2020, the margin shifted R+2.3pp from the previous election. Since 2016, Garland County has shifted 2.1 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
448
Total Assets
$721.2M
Total Income
$523.1M
Per 10K Residents
117.8
nonprofits
+10.8% vs peers avg
Orgs with >$1M Assets
37
Median Assets
$236K
Oldest Active
1937
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $624.8M of $721.2M total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Hot Springs
Source: IRS Exempt Organizations BMFHot Springs, AR has 448 registered 501(c)(3) nonprofit organizations with combined assets of $721.2M. The most common category is Religion-Related, with 52 organizations. 37 nonprofits have assets exceeding $1 million. That works out to 117.8 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1937.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
354
Total Approved
$92.8M
Jobs Supported
2,020
Per 10K Residents
93.1
SBA loans
+10.4% vs peers avg
Unique Lenders
54
Top Lender
Arvest Bank
66 loans
Top Industry
Accommodation & Food Services
Data Span
1992–2025
Loan Program Breakdown
Source: SBA FOIALoans
319
Total Amount
$72.2M
Avg Loan
$226,217
Median Loan
$73,000
SBA Guaranteed
$54.1M(75%)
Jobs Supported
1,455
Loans
35
Total Amount
$20.7M
Avg Loan
$590,286
Median Loan
$408,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
48
14% of all-time total
Recent Amount
$20.6M
22% of all-time total
Avg Recent Loan
$429,440
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Daron Praetzel Dmd | 3 | $6.0M |
| Almham Corporation | 1 | $4.3M |
| Dark Blue Llc | 1 | $4.3M |
| Jamm Hospitality, Inc. Dba Microtel by Wyndham | 1 | $2.2M |
| The Waters Hotel | 1 | $2.1M |
| Smith Worth Inc | 2 | $2.0M |
| Horner Holdings Inc. | 1 | $2.0M |
| Art-exchange.com Inc. | 1 | $1.7M |
| Six Pillars Storage Llc | 1 | $1.7M |
| Daron Praetzel Dmd Pa | 1 | $1.5M |
Hot Springs, AR has received 354 SBA loans totaling $92.8M in approved funding between 1992 and 2025. The 7(a) program accounts for 319 loans (90% of the total), supporting 1,455 jobs. The 504 program, focused on real estate and large equipment, has funded 35 loans totaling $20.7M. The most common industry receiving SBA funding is Accommodation & Food Services. The most active SBA lender in Hot Springs is Arvest Bank with 66 loans. That works out to 93.1 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
3
Total Population
77,846
Avg Median Income
$51,412
Avg Home Value
$137,533
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 71901 | 29,719 | $52,410 | $173,400 | $797 | 101.9 |
| 71913 | 46,853 | $55,367 | $179,200 | $970 | 134.1 |
| 71956 | 1,274 | $46,458 | $60,000 | $609 | 24.8 |
Hot Springs, AR has 3 ZIP codes with a combined population of 77,846. The average median household income across all ZIP codes is $51,412. The average median home value is $137,533. The average median monthly rent is $792.
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