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Hot Springs, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Hot Springs, Virginia had a total population of 487, the 482nd largest community in Virginia, with a median household income of $104,545, which is 12% higher than the state average. The poverty rate is 16.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Hot Springs Quick Facts

Population 487
Median Household Income $104,545
Median Home Value $260,100
Poverty Rate 16.4%
Unemployment Rate 1.8%
Median Age 60.3 years
Homeownership Rate 74.2%
Affordability Ratio 2.5x
Bachelor's Degree or Higher 15.7%
High School Graduation Rate 88.8%
Diversity Index 24/100
Population 487 482nd of 681
Median Income $104,545 top 30%
Poverty Rate 16.4% 32% higher than national
Median Home Value $260,100 average

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.

Metric2019–20232020–2024Change
Population540487-9.8%
Median household income$101,964$104,545+2.5%
Median home value$254,400$260,100+2.2%

How Hot Springs Compares

Economy & Housing

Household Income Distribution

Under $25K 17.4%
$25K-$50K 14.0%
$50K-$100K 14.8%
$100K+ 53.8%
Detailed income brackets
Under $10K
8.1%
$10K-$15K
9.3%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
7.2%
$30K-$35K
4.7%
$35K-$40K
0.0%
$40K-$45K
2.1%
$45K-$50K
0.0%
$50K-$60K
0.0%
$60K-$75K
12.7%
$75K-$100K
2.1%
$100K-$125K
40.7%
$125K-$150K
6.4%
$150K-$200K
2.5%
$200K+
4.2%

Employment

1.8% Unemployment Rate State: 4.3%|National: 5.2%
59.4% Labor Force Participation

Housing Overview

Owner 74.2%
Renter 25.8%
Affordability Index Very Affordable
2.5x home value to income ratio
Median gross rent $876/mo 10.1% of median household income annually

People & Demographics

Diversity Index

24out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Hot Springs Rankings in Virginia

#482 Population of 681
#165 Median Income of 585
#501 Education of 680
#307 Home Value of 580

Other Cities in Bath County

CityPopulationMedian IncomePovertyHome Value
Millboro 108 N/A 25.9% N/A
Warm Springs 19 N/A 0.0% N/A

Cities Similar to Hot Springs

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Burkeville488N/A$88,30021.6%10.4%
The University of Virginia's College at Wise489N/AN/AN/A65.6%
Linville484N/A$327,8000.0%0.6%
North Garden475$108,258$553,60034.9%4.1%
Horntown466N/A$144,50027.0%48.5%

A note before these figures: with a population of 487, 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 Virginia, within Bath County. The total population is 487. It ranks as the 482nd most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Hot Springs is 60.3 years. This is 55% higher than the state median of 39.0 years. Only 2.9% of residents are under 18, indicating fewer families with children. 18.1% 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 is $104,545. This is 12% higher than the state median of $93,170. It is also 29% higher than the national median of $80,734. The poverty rate stands at 16.4%. This is 66% higher than the state poverty rate of 9.9%. The unemployment rate is 1.8%. This is 58% lower than the state rate of 4.3%. The median home value is $260,100. Housing costs are 32% lower than the state median of $383,700. With a home-value-to-income ratio of just 2.5x, Hot Springs is one of the most affordable housing markets in the area. 74.2% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 67.3%.

Race & Ethnicity

Hot Springs has a predominantly White (non-Hispanic) population, comprising 86.5% of all residents. Black or African American residents account for 11.5%. The Asian population (2.1%) is well below the state average of 6.9%.

Education

15.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 88.8%.

Data Sources & Methodology

All demographic data for Hot Springs, Virginia 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 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. 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, Virginia?

Hot Springs, Virginia has a population of 487 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Hot Springs, VA?

The median household income in Hot Springs is $104,545, which is 29% higher than the national median of $80,734.

What is the poverty rate in Hot Springs, VA?

The poverty rate in Hot Springs is 16.4%. This means approximately 80 residents live below the federal poverty line.

What is the racial makeup of Hot Springs, Virginia?

Hot Springs's population is 86.5% White, 11.5% Black, 0.0% Hispanic/Latino, and 2.1% Asian.

What is the median home value in Hot Springs, VA?

The median home value in Hot Springs is $260,100. The home-value-to-income ratio is 2.5x.

How educated is Hot Springs, Virginia?

15.7% of adults (25+) in Hot Springs hold a bachelor's degree or higher, and 6.0% hold a graduate or professional degree.