HomeArkansasGarland CountyHot Springs city
Hot Springs city, Arkansas: commercial real estate data.
Hot Springs city is a Census city of 37,920 people across 37.56 square miles of land, in Garland County. Median household income is $47,760, 57.0 percent of occupied homes are owned, and the SBA record carries 52 7(a) approvals to borrowers here worth $13.2 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Hot Springs
What Hot Springs is
- Census place typecity
- Land area37.56 sq mi
- Water area0.12 sq mi
- Population per square mile of land1,010
- County holding the largest share of its areaGarland County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hot Springs
How many people live in Hot Springs
- Population37,920
- Median age45.3
- Population under 186,659
- Share under 1817.6 percent
- Population 65 and over9,396
- Share 65 and over24.8 percent
- Households18,433
- Family households9,662
- Share of households that are families52.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hot Springs
Income and work in Hot Springs
- Median household income$47,760
- Per capita income$31,704
- Civilian labor force17,804
- Employed16,949
- Unemployed855 plus or minus 237
- Unemployment rate4.8 percent plus or minus 1.3
- Adults 25 and over27,831
- Adults 25 and over with a high school diploma or higher88.6 percent
- Adults 25 and over with a bachelor degree or higher26.1 percent
- Adults 25 and over with a graduate degree9.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hot Springs
Housing in Hot Springs
- Housing units22,116
- Occupied units18,433
- Vacant units3,683
- Vacancy rate16.7 percent
- Owner occupied10,502
- Renter occupied7,931
- Ownership rate57.0 percent
- Median owner-occupied home value$165,500
- Median gross rent, monthly$914
- Annual rent as a share of median income23.0 percent
- Single family units14,320
- Share single family64.7 percent
- Units in buildings of two or more6,942
- Share in buildings of two or more31.4 percent
- Mobile homes854 plus or minus 221
- Median year structure built1973
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hot Springs
How Hot Springs gets to work
- Workers 16 and over who commute15,185
- Commuting under 15 minutes7,751
- Share commuting under 15 minutes51.0 percent
- Commuting 30 minutes or more2,366
- Share commuting 30 minutes or more15.6 percent
- Drove alone76.1 percent
- Carpooled12.5 percent plus or minus 2.5
- Public transport0.5 percent plus or minus 0.6
- Walked2.8 percent plus or minus 1.0
- Worked from home6.8 percent plus or minus 1.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Hot Springs
SBA loans in Hot Springs (7(a))
- Approvals52
- Gross approval$13,181,100
- Average approval$253,483
- Median approval$125,000
- Ninetieth percentile approval$660,000
- Largest approval$1,983,000
- Jobs supported717
- Jobs per approval13.8
- Loans with a final outcome13
- Paid in full11
- Charged off2
- Charge-off rate over resolved loans15.4 percent
- Median term120 months
- Share on real estate terms of 20 years or more9.6 percent
- Share to franchises13.5 percent
- Distinct lenders20
- Distinct industries by NAICS35
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Hot Springs
SBA loans in Hot Springs (504)
- Approvals15
- Gross approval$12,576,000
- Average approval$838,400
- Median approval$675,000
- Largest approval$2,217,000
- Jobs supported196
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Garland County, not Hot Springs
Garland County context, not Hot Springs figures
These are Garland County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Hot Springs measurements.
- Establishments in Garland County2,953
- Employment at those establishments, Garland County35,325
- Covered employment, Garland County38,005
- Average annual pay, Garland County$46,226
- Average weekly wage, Garland County$889
- Housing units permitted, Garland County111
- Of those, single family, Garland County87
- County product, 2024, Garland County$4,738,099,000
- County product change over the prior year, Garland County3.9 percent
- Average income of an arriving household, Garland County$67,021
Every figure in this section is published for Garland County as a whole and is not a measurement of Hot Springs. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Hot Springs questions, answered from the record.
How many people live in Hot Springs, Arkansas?
37,920, in 18,433 households. Hot Springs city covers 37.56 square miles of land, which is 1,010 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Hot Springs in?
Garland County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Hot Springs?
$47,760. The median owner-occupied home is valued at $165,500. Median gross rent is $914 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Hot Springs businesses?
52 7(a) approvals totalling $13.2 m, across 20 lenders, median approval $125,000, plus 15 504 approvals worth $12.6 m. These count approvals to borrowers whose address is in Hot Springs, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Hot Springs borrowers get paid back?
Of the 13 loans that have reached a final outcome, 11 were paid in full and 2 charged off, a charge off rate of 15.4 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Hot Springs figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Garland County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Hot Springs.
Is zoning published for Hot Springs?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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