Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 54.2 yrs |
|---|---|
| Avg HH Size | 2.23 |
| Below Poverty | 25.1% ▲ 151% above avg |
| College Grads | 23.2% ▼ 40% below avg |
| Unemployment | 1.9% ▼ 62% below avg |
| No HS Diploma | 21 (1.4%) |
| HS Graduate | 699 (45.6%) |
| Some College | 294 (19.2%) |
| Associates | 162 (10.6%) |
| Bachelors | 176 (11.5%) |
| Graduate Degree | 180 (11.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,953 ▼ 19% below avg |
|---|---|
| Median Home Value | $163,800 ▼ 41% below avg |
| Home/Income Ratio | 2.6x (nat avg ~3.5x) |
| Median Rent | $864/mo |
| Total Housing Units | 1,701 |
| Vacant Units | 703 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Hot Springs is a city in Virginia, located in Bath County. The city spans 1 ZIP code and is home to approximately 2,395 residents. It is a mature city, with a median age of 54.2 years.
Economically, Hot Springs is a solidly middle-class community. The median household income of $61,953 is below the national average. Approximately 25.1% of residents live below the poverty line. The unemployment rate is 1.9%, well below the national average.
The real estate market in Hot Springs is an affordable housing market. Median home values stand at $163,800, which is below the national average. Renters typically pay around $864 per month. Homeownership is high at 70.9%, typical of suburban and family-oriented communities.
The population of Hot Springs is less-educated. 23.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (88.52%).
Hot Springs, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 24445 | 2,395 | $61,953 | $163,800 | $864 | 1.9% | 23.2% | 70.9% |