Hot Springs CDP, Virginia Demographics & Population 2026

Population Overview

Hot Springs CDP is a small community located in Virginia. The total population is 540. It ranks as the 461st most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Hot Springs CDP is 59.5 years. This is 53% higher than the state median of 38.8 years. Only 2.2% of residents are under 18, indicating fewer families with children. 20.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Hot Springs CDP is $101,964. This is 12% higher than the state median of $90,974. Compared to the national median of $78,538, household income here is 30% higher. The poverty rate stands at 21.6%. This is 118% higher than the state poverty rate of 9.9%. 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 1.5%. This is 64% lower than the state rate of 4.3%. The median home value is $254,400. Housing costs are 29% lower than the state median of $360,700. With a home-value-to-income ratio of just 2.5x, Hot Springs CDP is one of the most affordable housing markets in the area. 77.3% of occupied housing units are owner-occupied. This homeownership rate is 15% higher than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Hot Springs CDP is White (non-Hispanic), making up 80.4% of the population. Black or African American residents account for 13.0%. The Hispanic or Latino population (3.3%) is well below the state average of 10.7%. The Asian population (3.3%) is well below the state average of 6.8%.

Education

13.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 68% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.5%.

Data Sources & Methodology

All demographic data for Hot Springs CDP, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.