Hot Springs, Montana Demographics & Population 2026
During the 2020–2024 ACS period, Hot Springs, Montana had a total population of 557, the 147th largest town in Montana, with a median household income of $21,300, which is 71% lower than the state average. The poverty rate is 29.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 71% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (29.2%), well above the national average of 12.4%.
- Housing affordability is a challenge — homes cost 7.1x the median household income.
- Unemployment rate of 8.2% is notably above the national average.
Hot Springs Quick Facts
How Hot Springs Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 558 | 557 | -0.2% |
| Median household income | $21,319 | $21,300 | -0.1% |
| Median home value | $139,100 | $150,900 | +8.5% |
How Hot Springs Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 29 | National average: 61
Education
Educational Attainment (Adults 25+)
Hot Springs Rankings in Montana
Explore Montana Rankings
Other Cities in Sanders County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Thompson Falls | 1,500 | $46,313 | 6.5% | $266,400 |
| Plains | 1,195 | $25,491 | 31.2% | $248,300 |
| Heron | 328 | $29,207 | 59.8% | $433,300 |
| Dixon | 281 | $48,333 | 28.5% | $234,400 |
| Trout Creek | 252 | $64,853 | 0.0% | N/A |
| Noxon | 209 | $60,167 | 0.0% | $197,500 |
| Weeksville | 147 | $64,333 | 0.0% | $782,300 |
| Old Agency | 129 | $45,750 | 52.7% | N/A |
| Lonepine | 122 | $31,667 | 19.7% | $375,000 |
| Paradise | 76 | N/A | 0.0% | N/A |
Cities Similar to Hot Springs
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Lindisfarne | 533 | N/A | $653,800 | 48.1% | 14.3% |
| Kerr | 463 | N/A | $558,200 | 46.2% | 27.9% |
| Brockton | 439 | N/A | $62,500 | 2.1% | 49.0% |
| Heart Butte | 521 | $31,389 | $46,300 | 10.7% | 47.1% |
| Muddy | 724 | N/A | $163,800 | 6.2% | 52.3% |
A note before these figures: with a population of 557, Hot Springs's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Hot Springs is a small community located in Montana, within Sanders County. The total population is 557. It ranks as the 147th most populous out of 475 Census-designated places in Montana.
Age Demographics
The median age in Hot Springs is 52.0 years. This is 29% higher than the state median of 40.4 years. Only 11.1% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Hot Springs is $21,300. This is 71% lower than the state median of $72,509. It is also 74% lower than the national median of $80,734. The poverty rate stands at 29.2%. This is 153% higher than the state poverty rate of 11.5%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 8.2%. This is 127% higher than the state rate of 3.6%. The median home value is $150,900. Housing costs are 60% lower than the state median of $375,800. The home-value-to-income ratio of 7.1x suggests that housing affordability is a significant concern for many residents. 64.2% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 69.2%.
Race & Ethnicity
The largest racial or ethnic group in Hot Springs is White (non-Hispanic), making up 84.7% of the population. Hispanic or Latino residents account for 3.0%. The Asian population (0.4%) is well below the state average of 0.8%.
Education
18.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 47% lower than the state rate of 35.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.6%.
Data Sources & Methodology
All demographic data for Hot Springs, Montana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Montana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 475 Census-designated places in Montana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Hot Springs, Montana?
Hot Springs, Montana has a population of 557 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Hot Springs, MT?
The median household income in Hot Springs is $21,300, which is 74% lower than the national median of $80,734.
What is the poverty rate in Hot Springs, MT?
The poverty rate in Hot Springs is 29.2%. This means approximately 154 residents live below the federal poverty line.
What is the racial makeup of Hot Springs, Montana?
Hot Springs's population is 84.7% White, 0.4% Black, 3.0% Hispanic/Latino, and 0.4% Asian.
What is the median home value in Hot Springs, MT?
The median home value in Hot Springs is $150,900. The home-value-to-income ratio is 7.1x.
How educated is Hot Springs, Montana?
18.5% of adults (25+) in Hot Springs hold a bachelor's degree or higher, and 7.0% hold a graduate or professional degree.