Montana · Census place 37825
Hot Springs town, MT
Quick answer
Hot Springs town has 558 residents, ranking #146 of 497 places in Montana. Median household income is $21,319, the median home is worth $139,100 and median gross rent runs $683 a month.
- Population
- 558Hot Springs town residents
- Median household income
- $21,319Past 12 months, inflation adjusted
- Median home value
- $139,100Owner-occupied units
- Median gross rent
- $683Rent plus utilities, monthly
- Median age
- 53.9 yrsAll residents
- Homeownership rate
- 61.2%Owner-occupied households
What the numbers mean in Hot Springs town
Housing cost measured against local earnings.
A household earning the Hot Springs town median would spend about 38.4% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 6.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.7% of residents and 61.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Montana.
- Culbertson town 578
- Darby town 575
- Alberton town 567
- Worden CDP 545
- Circle town 543
- Huntley CDP 534
- Belt town 525
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