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CITY

Hot Springs

Montana · 630 residents (2025 est.) · 0.384 sq mi
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The short version

Hot Springs has notably lower household income than the US average, with a median household income of $21,300. Population has held roughly steady since 2000. 19% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $150,900. With a median age of 52.0, the population is older than the US median of 38.9. It falls in the bottom 5% of US cities for household income.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 52.0
US median: 38.9
Less educated
19% hold a bachelor's degree
US average: 36%
Less affordable
home values up 30%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
557
+5%since 2000
from 531 in 2000
1990 – 2025
Population density
1,451 / sq mi
+5%since 2000
from 1,383 / sq mi in 2000
US average: 281
Median age
52.0
+4%since 2000
from 50.0 in 2000
US average: 38.9

PEP 2025 EST:630 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
3334235146056951990201020202024Hot Springs
2024557
1990201020202024
Section 02

Income & economy

Median household income
$21,300
−8%inflation adjusted, since 2000
from $12,663 in 2000
US average: $82,259
1990 – 2024
Per capita income
$19,365
+53%since 2000
from $12,690 in 2000
US average: $44,673
Households earning $100K+
14.9%
+13.7 ptssince 2009
from 1.2% in 2009
US average: 53.3%
Poverty rate
29.2%
−9.0 ptssince 2000
from 38.2% in 2000
US average: 12.5%
Income inequality (Gini)
0.486
+4%since 2010
from 0.465 in 2010
US average: 0.476
Workforce by industry, 2024
Agriculture, forestry, fishing6.8%
US avg: 1.6%
Arts, entertainment, food5.8%
US avg: 1.9%
Other services4.2%
US avg: 6.7%
Manufacturing3.7%
US avg: 0.4%
Retail trade3.7%
US avg: 9.9%
Construction3.2%
US avg: 1.2%
Information3.2%
US avg: 10.8%
Public administration3.2%
US avg: 4.8%
Wholesale trade1.1%
US avg: 6.9%
Finance & insurance1.1%
US avg: 5.9%
Professional, scientific, technical1.1%
US avg: 5.1%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$150,900
+30%inflation adjusted, since 2000
from $63,500 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$725
+13%inflation adjusted, since 2000
from $351 in 2000
US average: $1,442
Owner-occupied
64.2%
+6.0 ptssince 2000
from 58.2% in 2000
35.8% rent
Vacancy rate
20.7%
−22.7 ptssince 2009
from 43.4% in 2009
US average: 10.0%
Owner cost-burdened
35.5%
+2.1 ptssince 2009
from 33.3% in 2009
US average: 22.9%
Renter cost-burdened
67.7%
+20.8 ptssince 2009
from 46.9% in 2009
US average: 47.4%
Afford Score
7.1
+41%since 2000
from 5.0 in 2000
1990 – 2024
Gentrification Score
39
RELATED:See current rent listings in Hot Springs on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic83.8%(445)
Black0.2%(1)
Hispanic / Latino3.6%(19)
Asian0.2%(1)
Other0%
Diversity Score10.8%(57)
2024
White, non-Hispanic84.7%(472)
Black0.4%(2)
Hispanic / Latino3.1%(17)
Asian0.4%(2)
Other11.5%(64)
Diversity Score33.5%(186)
Diversity Score
33
+210%since 2000
from 11 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
18.5%
+6.4 ptssince 2000
from 12.1% in 2000
US average: 35.6%
High school or higher
87.6%
+10.3 ptssince 2000
from 77.3% in 2000
US average: 89.6%
Graduate degree
7.0%
+2.3 ptssince 2000
from 4.7% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
10.9 min
−45%since 2000
from 20.0 min in 2000
US average: 26.5
Drive alone to work
45.1%
−7.5 ptssince 2009
from 52.6% in 2009
US average: 68.9%
Carpooled to work
17.9%
+17.9 ptssince 2009
from 0.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
17.4%
+10.4 ptssince 2009
from 7.0% in 2009
US average: 15.0%
Walked to work
15.2%
−25.1 ptssince 2009
from 40.4% in 2009
US average: 2.4%
Biked to work
1.6%
+1.6 ptssince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
9.3%
+1.4 ptssince 2009
from 7.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
8.2%
+1.4 ptssince 2011
from 6.8% in 2011
US average: 5.2%
Labor force participation
41.7%
−3.9 ptssince 2011
from 45.6% in 2011
US average: 63.5%
Self-employed
13.2%
+6.1 ptssince 2009
from 7.0% in 2009
US average: 13.1%
Management & professional
34.2%
−38.3 ptssince 2009
from 72.5% in 2009
US average: 42.5%
Section 08

People & community

Male
51.3%
+6.1 ptssince 2009
from 45.3% in 2009
Female
48.7%
−6.1 ptssince 2009
from 54.7% in 2009
Foreign born
2.2%
+2.2 ptssince 2009
from 0.0% in 2009
US average: 14.1%
Veterans
16.8%
−25.3 ptssince 2009
from 42.1% in 2009
US average: 6.2%
With a disability
25.8%
+9.8 ptssince 2012
from 16.0% in 2012
US average: 13.3%
Uninsured
8.7%
−60.1 ptssince 2013
from 68.8% in 2013
US average: 8.4%
Broadband at home
75.0%
+34.4 ptssince 2017
from 40.6% in 2017
US average: 91.0%
English only at home
96.3%
−3.3 ptssince 2016
from 99.5% in 2016
US average: 77.7%
Spanish at home
1.1%
+1.1 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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Compare Hot Springs to nearby cities

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HOT SPRINGS VS
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HOT SPRINGS VS
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HOT SPRINGS VS
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Population9,358+1385%
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Frequently asked

How many people live in Hot Springs, Montana?

Hot Springs, Montana has about 557 residents according to the 2024 American Community Survey.

What is the median household income in Hot Springs, Montana?

The typical household in Hot Springs, Montana earns about $21,300 a year. Half of households make more than that, and half make less.

Is Hot Springs, Montana expensive?

In Hot Springs, Montana, the median home is worth about $150,900, and the typical rent is about $725 a month.

How educated are people in Hot Springs, Montana?

About 18.5% of adults age 25 and over in Hot Springs, Montana hold a bachelor's degree or higher.

What is the poverty rate in Hot Springs, Montana?

About 29.2% of people in Hot Springs, Montana live below the federal poverty line.

Has Hot Springs, Montana grown since 1990?

Yes, Hot Springs, Montana has grown since 1990. The population has added about 194 residents, a change of about 53 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →

Hot Springs, Montana: demographics, income & housing data · CensusEasy