Hot Springs, SD Profile: Facts & Data

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Hot Springs, South Dakota - Basic Facts

The City of Hot Springs had a population of 3,662 as of July 1, 2019. Hot Springs ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in South Dakota. See peer rankings below.

The primary coordinate point for Hot Springs is located at latitude 43.4316 and longitude -103.4744 in Fall River County. The formal boundaries for the City of Hot Springs encompass a land area of 3.5 sq. miles and a water area of 0 sq. miles. Fall River County is in the Mountain time zone (GMT -7). The elevation is 3,448 feet.

The City of Hot Springs (GNIS ID: 1267427) has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Hot Springs: Minne-Kahta, Minne-Ka-Tah.

Jump to... (On This Page!)
  1. Hot Springs 2019 Demographic Data
  2. Growth Rates for Hot Springs (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. South Dakota Research Tools (Easy Tools & Current Data)
  3. South Dakota Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Hot Springs, SD Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Hot Springs, SD Housing Affordability Index is 146
State of South Dakota Housing Affordability Index is 142
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Hot Springs, SD Wealth Index is 45
State of South Dakota Wealth Index is 79
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific South Dakota address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 3,662
Population in Households 3,491
Population in Familes 2,539
Population in Group Qrtrs 171
Population Density 1,035
Diversity Index1 36
 

INCOME

Median Household Income $43,673
Average Household Income $53,126
Per Capita Income $24,834
Wealth Index3 45

HOUSING

Total Housing Units 2,035 (100%)
Owner Occupied HU 1,254 (61.6%)
Renter Occupied HU 473 (23.2%)
Vacant Housing Units 309 (15.2%)
Median Home Value $141,296
Housing Affordability Index2 146
 

HOUSEHOLDS

Total Households 1,726
Average Household Size 2.02
Family Households 926
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.09% -0.18%
Households 0.03% -0.16%
Families 0.25% -0.35%
Median Household Income   2.56%
Per Capita Income   2.29%

Hot Springs, SD - Peer Comparisons by Rank and Percentile

The table below compares Hot Springs to the other 393 incorporated cities, towns and CDPs in South Dakota by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 21 95th
Population Density # 86 78th
Diversity Index # 55 86th
Median Household Income # 325 18th
Per Capita Income # 307 22nd

Additional comparisons and rankings can be made with a VERY EASY TO USE South Dakota Census Data Comparison Tool.

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