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Hot Springs County Housing Market

Wyoming · 23 counties · Ranked #2058 in home value

Below National Avg

Housing at a Glance

Median Home Value

$214,400

vs national$214,400 vs $281,900 national

Median Gross Rent

$976/mo

vs national$976 vs $1,163 national

Effective Tax Rate

0.56%

vs national0.56% vs 1.02% national

Median Household Income

$64,375

vs national$64,375 vs $74,755 national

Affordability Ratio

3.3x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$1,202

Tax as % of Home Value

0.56%

Monthly Owner Cost

$586

Renter Income

$36,675

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Similar Counties by Home Value

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Frequently Asked Questions

What is the median home value in Hot Springs County?

The median home value in Hot Springs County is $214,400. This is below the national median of $281,900.

How much is rent in Hot Springs County?

The median gross rent in Hot Springs County is $976 per month.

What is the property tax rate in Hot Springs County?

The effective property tax rate in Hot Springs County is 0.56%. The median annual property tax bill is $1,202.

Is Hot Springs County affordable?

With a home-value-to-income ratio of 3.3x, Hot Springs County is moderately 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.