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North Carolina · Census place 32840

Hot Springs town, NC

Quick answer

Hot Springs town has 494 residents, ranking #590 of 777 places in North Carolina. Median household income is $39,167, the median home is worth $184,900 and median gross rent runs $488 a month.

Population
494Hot Springs town residents
Median household income
$39,167Past 12 months, inflation adjusted
Median home value
$184,900Owner-occupied units
Median gross rent
$488Rent plus utilities, monthly
Median age
46.4 yrsAll residents
Homeownership rate
51.5%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 15% 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 4.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.8% of residents and 51.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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