Hot Springs Village: Economy & Jobs
Earnings in Hot Springs Village center on a median $75,370 (about the same as Saline County median $79,046; 1.2× higher than Arkansas median $60,773), with homes at a median value of $272,000. The surrounding county supports 38,005 jobs (avg $46,226).
- $70,357 avg taxable income per return — similar than the median household income (vs Arkansas $71,436).
Income & Affordability
Median household income $75,370 — above the Arkansas median ($60,273). Poverty rate 7.3% (U.S. average ~12.5%). 45% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 3.6× |
|---|---|
| Affordability · Home Affordability | moderate |
| Affordability · Rent Pct Income | 18.6% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 44.7% |
| Affordability · Poverty Rate | 7.3% |
| Affordability · Property Tax Pct Income | 1.8% |
| Irs Income · IRS tax returns filed | $44,830 |
| Irs Income · Total Adjusted Gross Income (thousands) | $3,154,088 |
| Irs Income · Average AGI per return | $70,357 (vs Arkansas $71,436) |
| Irs Income · Year | 2022 |
| Income Estimate | $79,712 |
| Median Household Income | $75,370 (vs Arkansas $60,273) |
| Poverty Rate | 7.3% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $75,370 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 0.9% — below the U.S. average of ~4%. 18% work from home (U.S. average ~15%).
| Commuter Profile · Mean Commute Min | 29.10 |
|---|---|
| Commuter Profile · Work From Home Pct | 17.6% |
| Commuter Profile · Profile | moderate commute |
| Employment · Avg annual employment (county) | 38,005 |
| Employment · Total annual wages (county) | $1,756,855,357 |
| Employment · Average annual pay | $46,226 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 1,271,320 |
| Unemployment Rate | 0.9% (vs Arkansas 2.6%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 2 |
|---|---|
| Agriculture · Land In Farms Acres | 3,206 |
| Agriculture · Avg Farm Size Acres | 1,603.00 |
| Agriculture · Top Commodities | Animal Totals, Poultry Totals, Crop Totals, Cattle, Equine |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 2,906 |
| Business Patterns · Total Employees | 35,281 |
| Business Patterns · Annual Payroll Thousands | 1,488,469 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Grocery Stores | 13 |
|---|---|
| Local Businesses · Convenience Stores | 10 |
| Local Businesses · Liquor Stores | 22 |
| Local Businesses · Gas Stations | 37 |
| Local Businesses · Department Stores | 3 |
| Local Businesses · General Merchandise | 29 |
| Local Businesses · Clothing Stores | 6 |
| Local Businesses · Pet Stores | 3 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 110 |
|---|---|
| Dining Scene · Fast Food | 93 |
| Dining Scene · Bars | 8 |
| Dining Scene · Coffee Snacks | 22 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (4)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (5)
| Nearest Snap · Name | WALGREENS 05535 |
|---|---|
| Nearest Snap · Total In Area | 9 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | GREATER HOT SPRINGS CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $902,692,958 |
|---|---|
| Federal Spending · Per Capita | 9,010.71 (vs Arkansas $6,659) |
| Federal Spending · Population | 100,180 people (vs Arkansas 29,177) |
Sources: USAspending API
Other
| Pct Drove Alone | 75.2% |
|---|---|
| Pct Public Transit | 0.4% |
| Pct Walked | 17.6% |
| Retirement Score · Median age | 69.6 years (vs Arkansas 35.9y) |
| Retirement Score · Ss Household Pct | 74.6% |
| Retirement Score · Hospitals Nearby | 3 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, strong SS base, hospital access, VA nearby |
| Retirement Score · Rating | excellent |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12