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Hot Spring County Housing Market

Arkansas · 75 counties · Ranked #778 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$127,900

vs national$127,900 vs $281,900 national

Median Gross Rent

$763/mo

vs national$763 vs $1,163 national

Effective Tax Rate

0.51%

vs national0.51% vs 1.02% national

Median Household Income

$52,644

vs national$52,644 vs $74,755 national

Affordability Ratio

2.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

24.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$650

Tax as % of Home Value

0.51%

Monthly Owner Cost

$666

Renter Income

$31,190

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Frequently Asked Questions

What is the median home value in Hot Spring County?

The median home value in Hot Spring County is $127,900. This is below the national median of $281,900.

How much is rent in Hot Spring County?

The median gross rent in Hot Spring County is $763 per month.

What is the property tax rate in Hot Spring County?

The effective property tax rate in Hot Spring County is 0.51%. The median annual property tax bill is $650.

Is Hot Spring County affordable?

With a home-value-to-income ratio of 2.4x, Hot Spring County is considered affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.