Crime
The crime rate is far lower than the national average per 100,000 residents. As such, it should be considered a very safe place to live when compared to other areas.
Housing
High scores in the housing category are attributed to this area, possibly pointing to a favorable home affordability ratio, robust appreciation rates or elevated home values.
Ratings
Locals express favorable opinions about the proximity of everyday local amenities, parks, public transit, neighborly atmosphere, strong sense of community and the general safety of the area.
Amenities
A large portion of amenities are not ideally situated within walking distance, potentially requiring residents to utilize a vehicle or public transportation.
Commute
Access to public transportation in this particular area may be limited, which can result in longer-than-average commute times to reach workplaces.
Health & Safety
A low health and safety score may be attributed to factors such as subpar air quality and the unavailability of certain health-related facilities like hospitals, clinics, doctors and pharmacies.
Located in the state of Arkansas, Hot Springs Village is a mid-sized city with a population of 15,562 inhabitants. According to the most recent Census, 98% of Hot Springs Village residents are White, 1% Black and 0% Asian. In Hot Springs Village, there seems to be a shift in population towards an older age group. The average age of the population is now 70, which is significantly higher than the nation’s average. If finding a family friendly city is important to you, look no further. With more than 79% of the population considered married and 10% with kids under the age of 18, Hot Springs Village could be considered a very suitable city for families. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Hot Springs Village offers up a higher than average one way commute time of 32 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Hot Springs Village, Arkansas could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. Finding the best places to live in Hot Springs Village and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes crime, commute, housing and other important metrics.
Hot Springs Village, AR receives 64 out of 100 for its livability score; this results in a ranking of #120 in Arkansas and #12,106 in the USA. There are nine total categories that form the livability score. Hot Springs Village ranks well for crime (B+), employment (B) and housing (B+) Hot Springs Village does not fare well for the following: amenities (F). It might be wise to take a closer look at each category to find out why.
Unemployment rates can vary significantly among cities, impacting job prospects, wage levels and the overall economic health of an area. In Hot Springs Village, the unemployment rate stands at 1.21%, suggesting increased job opportunities and a heightened demand for workers. This scenario can lead to higher wages, as the demand for employees outpaces job availability. Importantly, a low unemployment rate often signifies a robust and flourishing local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Hot Springs Village has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Hot Springs Village is real estate affordability. The median home price for Hot Springs Village homes is $212,800, which is 85.5% higher than the Arkansas average. If we take a closer look at the affordability of homes in Hot Springs Village, we’ll see that the home price to income ratio is 3.5, which is 29.6% higher than the Arkansas average.
| Statistic | Hot Springs Village | Arkansas | National |
| Average one way commute | 32min | 22min | 26min |
| Workers who drive to work | 83.6% | 82.7% | 76.4% |
| Workers who carpool | 8.4% | 10.8% | 9.3% |
| Workers who take public transit | 0.0% | 0.4% | 5.1% |
| Workers who bicycle | 0.0% | 0.2% | 0.6% |
| Workers who walk | 0.5% | 1.7% | 2.8% |
| Working from home | 6.9% | 3.2% | 4.6% |
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