City

Hot Springs, NC

1 ZIP code  ·  Madison County  ·  North Carolina

👥2,374Population
💰$47,266Median HH Income▼ 38% below avg
🎂46.7Median Age
🏠$150,900Median Home Value▼ 46% below avg
🎓31.9%College Grads▼ 18% below avg
📊4.6%Unemployment≈ Avg
People & Population (ACS 2023 — weighted avg)
♂ Male 45.5% Female 54.6% ♀

Race & Ethnicity

White: 97%Black: 1.4%Other: 1.6%Race
White97.0%
Black1.4%
Other1.6%

Age Breakdown

Under 5
3%
5–17
16%
18–24
7%
25–44
23%
45–64
30%
65+
9%

Key Indicators

Median Age46.7 yrs
Avg HH Size2.39
Below Poverty13.5% ▲ 35% above avg
College Grads31.9% ▼ 18% below avg
Unemployment4.6% ≈ Avg
No HS Diploma13 (0.8%)
HS Graduate360 (22%)
Some College380 (23.2%)
Associates361 (22.1%)
Bachelors224 (13.7%)
Graduate Degree298 (18.2%)

Education

No HS: 0.8%HS Grad: 22%Some College: 23.2%Associates: 22.1%Bachelors: 13.7%Graduate: 18.2%Edu
No HS0.8%
HS Grad22.0%
Some College23.2%
Associates22.1%
Bachelors13.7%
Graduate18.2%
Housing & Income

Housing Tenure

Owner: 77.5%Renter: 22.5%Tenure
Owner77.5%
Renter22.5%

Home Value Distribution

Under $50k
20%
$50k–$100k
16%
$100k–$150k
14%
$150k–$200k
13%
$200k–$300k
21%
$300k–$500k
10%
Over $500k
6%

Financials

Median HH Income$47,266 ▼ 38% below avg
Median Home Value$150,900 ▼ 46% below avg
Home/Income Ratio3.2x (nat avg ~3.5x)
Median Rent$573/mo
Total Housing Units1,447
Vacant Units466

Income Distribution

Under $25k
28%
$25k–$50k
21%
$50k–$75k
21%
$75k–$100k
12%
$100k–$150k
12%
$150k–$200k
3%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
85%
Walked
3%
Work From Home
13%

Commute Time

Under 15 min
39%
15–30 min
6%
30–45 min
12%
Over 45 min
44%
Housing Stock

Year Built

1940s–1950s
6%
1960s–1970s
14%
1980s–1990s
22%
2000+
58%
About Hot Springs, NC

Hot Springs is a city in North Carolina, located in Madison County. The city spans 1 ZIP code and is home to approximately 2,374 residents. It is a mature city, with a median age of 46.7 years.

Economically, Hot Springs is a working-class community. The median household income of $47,266 is below the national average. Approximately 13.5% of residents live below the poverty line. The unemployment rate is 4.6%, near the national average.

The real estate market in Hot Springs is an affordable housing market. Median home values stand at $150,900, which is below the national average. Renters typically pay around $573 per month. Homeownership is high at 77.5%, typical of suburban and family-oriented communities.

The population of Hot Springs is moderately educated. 31.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (96.97%).

Hot Springs, NC offers residents a cost-conscious lifestyle within North Carolina.

ZIP Codes in Hot Springs
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
28743 2,374 $47,266 $150,900 $573 4.6% 31.9% 77.5%