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CITY · 2020 ACS

Hot Springs

North Carolina · 520 residents · 2.867 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 $34,271. Population has fallen 19% since 2000, a loss of 125 residents. Median home value has roughly tripled since 2000, reaching $161,800. With a median age of 46.8, the population is older than the US median of 38.8. The poverty rate of 27.2% is well above the national figure. Households here earn about 39% less than the North Carolina median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 46.8
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
Less affordable
home values up 96%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
520
−19%since 2000
from 645 in 2000
1990 – 2025
Population density
181 / sq mi
−19%since 2000
from 225 / sq mi in 2000
US average: 280
Median age
46.8
+13%since 2000
from 41.5 in 2000
US average: 38.8
Population, 1990 – 2024
2934005086157221990201020202024Hot Springs
2024567
1990201020202024
Section 02

Income & economy

Median household income
$34,271
+10%inflation adjusted, since 2000
from $20,714 in 2000
US average: $66,278
1990 – 2024
Per capita income
$22,301
+78%since 2000
from $12,497 in 2000
US average: $35,364
Households earning $100K+
15.4%
+4.0 ptssince 2009
from 11.5% in 2009
US average: 43.9%
Poverty rate
27.2%
+2.8 ptssince 2000
from 24.4% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance13.6%
US avg: 5.5%
Information11.9%
US avg: 11.1%
Education & health services11.5%
US avg: 0.8%
Wholesale trade2.1%
US avg: 6.7%
Professional, scientific, technical2.1%
US avg: 4.7%
Retail trade1.7%
US avg: 10%
Transportation & warehousing1.3%
US avg: 2.5%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$161,800
+96%inflation adjusted, since 2000
from $54,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$490
+39%inflation adjusted, since 2000
from $235 in 2000
US average: $1,124
Owner-occupied
56.0%
−7.1 ptssince 2000
from 63.1% in 2000
44.0% rent
Afford Score
4.7
+78%since 2000
from 2.6 in 2000
1990 – 2024
RELATED:See current rent listings in Hot Springs on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.1%(633)
Black0.5%(3)
Hispanic / Latino0.3%(2)
Asian0.5%(3)
Other0%
Diversity Score3.1%(20)
2020
White, non-Hispanic88.5%(460)
Black0%(0)
Hispanic / Latino1.7%(9)
Asian0.4%(2)
Other0.8%(4)
Diversity Score7.7%(40)
Diversity Score
8
+148%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
26.4%
+13.7 ptssince 2000
from 12.7% in 2000
US average: 32.9%
High school or higher
89.8%
+25.8 ptssince 2000
from 63.9% in 2000
US average: 88.5%
Graduate degree
4.0%
+2.2 ptssince 2000
from 1.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.3 min
−10%since 2000
from 26.9 min in 2000
US average: 26.9
Drive alone to work
68.9%
−20.3 ptssince 2009
from 89.3% in 2009
US average: 75.1%
No vehicle available
9.3%
−11.1 ptssince 2009
from 20.4% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.7%
−5.9 ptssince 2011
from 7.5% in 2011
US average: 5.4%
Labor force participation
51.0%
+10.3 ptssince 2011
from 40.7% in 2011
US average: 63.4%
Management & professional
46.0%
−29.2 ptssince 2009
from 75.2% in 2009
US average: 39.3%
Section 08

People & community

Male
48.5%
+8.7 ptssince 2009
from 39.8% in 2009
Female
51.5%
−8.7 ptssince 2009
from 60.2% in 2009
Foreign born
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
6.2%
−76.4 ptssince 2013
from 82.6% in 2013
US average: 8.8%
Drill deeper

Places similar to Hot Springs

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Pop 560
Reddick
Pop 535
Hampton
Pop 502
Beverly Beach
Pop 521
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Head to head

Compare Hot Springs to nearby cities

HOT SPRINGS VS
Greeneville
Income$49,889+46%
Home value$227,400+41%
Population16,141+2845%
SEE FULL COMPARISON →
HOT SPRINGS VS
Woodfin
Income$71,384+108%
Home value$366,700+127%
Population8,229+1402%
SEE FULL COMPARISON →
HOT SPRINGS VS
Asheville
Income$71,102+107%
Home value$440,000+172%
Population93,523+16966%
SEE FULL COMPARISON →
HOT SPRINGS VS
Waynesville
Income$54,923+60%
Home value$281,700+74%
Population11,006+1908%
SEE FULL COMPARISON →
Frequently asked

How many people live in Hot Springs, North Carolina?

Hot Springs, North Carolina has about 520 residents according to the 2020 American Community Survey.

What is the median household income in Hot Springs, North Carolina?

The typical household in Hot Springs, North Carolina earns about $34,271 a year. Half of households make more than that, and half make less.

Is Hot Springs, North Carolina expensive?

In Hot Springs, North Carolina, the median home is worth about $161,800, and the typical rent is about $490 a month.

How educated are people in Hot Springs, North Carolina?

About 26.4% of adults age 25 and over in Hot Springs, North Carolina hold a bachelor's degree or higher.

What is the poverty rate in Hot Springs, North Carolina?

About 27.2% of people in Hot Springs, North Carolina live below the federal poverty line.

Has Hot Springs, North Carolina grown since 1990?

Yes, Hot Springs, North Carolina has grown since 1990. The population has added about 42 residents, a change of about 9 percent over that period.

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

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