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Employment in Hot Springs
Population
The population of Hot Springs, AR was estimated to be 39,000 in 2022. The median age of the Hot Springs population is 43.6.
Cost of Living
The cost of living in Hot Springs, AR is about 18% lower than the national average. The median household income in Hot Springs is $40,125.
Hot Springs, AR Education
High School Graduate: 36%
Some College: 31%
Associates Degree: 8%
Bachelor's or Higher Degree: 24%
Workforce Participation Rates by Education
Less than High School: 53%
High School Graduate: 59%
Some College: 74%
Bachelor's Degree or Greater: 79%
Unemployment Rate by Education
Less than High School: 3%
High School Graduate: 5%
Some College: 3%
Bachelor's Degree or Greater: 7%
Estimated education data based on residents over 25 years old in Hot Springs, AR. Employment data based on residents age 25-64.
Hot Springs Job Market
Hot Springs is a small city in central Arkansas with a population of around 38,000. It is aptly named as it is home to several natural hot springs which bring in a lot of tourism. Top industries in Hot Springs include Hospitality and Leisure, Government, Health Services, Education, and Trade, Transportation, and Utilities. The job market in Hot Springs benefits greatly from the city being a spa and resort city. People like working in Hot Springs because of its unique architecture, affordability, support of arts and culture, and many natural hot springs. Overall, average weekly wages for most occupations and cost of living are lower in Hot Springs than in the rest of the US.