HomeArkansasGarland CountyHot Springs
Hot Springs, Arkansas: commercial real estate data.
Hot Springs 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 since FY2020.
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$118,750
- Ninetieth percentile approval$655,500
- Largest approval$1,983,000
- Jobs supported717
- Jobs per approval13.8
- Loans with a final outcome13
- Paid in full11
- Charged off2
- 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
Counted by borrower city: approvals to borrowers whose address is in Hot Springs, in any county, FY2020 to FY2026. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
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
Counted by borrower city: approvals to borrowers whose address is in Hot Springs, in any county, FY2010 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Hot Springs
Flood risk in Hot Springs
- NFIP communityCity of Hot Springs
- NFIP community number050084
- Participating in the NFIPYes
- Community Rating System classClass 8
- Currently effective map date01/20/10
The City of Hot Springs participates in the National Flood Insurance Program as community 050084 and carries Community Rating System class 8, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Garland County, not Hot Springs
Garland County context, not Hot Springs figures
- Establishments in Garland County2,953
- Covered employment, Garland County38,005
- Average annual pay, Garland County$46,226
- Housing units permitted, Garland County111
Every figure in this section is published for Garland County as a whole and is not a measurement of Hot Springs.
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.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
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 totaling $13.2 m since FY2020, across 20 lenders, median approval $118,750, plus 15 504 approvals worth $12.6 m since FY2010. 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?
No rate is published for Hot Springs. Only 13 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Hot Springs in the National Flood Insurance Program?
Yes. Hot Springs appears in the FEMA Community Status Book as Hot Springs, city of, community 050084, carrying Community Rating System class 8, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Hot Springs figures?
No, and they are labeled 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?
No. Nothing on this page presents parcel level zoning.
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