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The total population of Hot Springs is estimated to be 3,465 with 1,727 males (49.84%) and 1,738 females (50.16%). There are 11 more females than males in Hot Springs.
The median household income in Hot Springs was $47,741 in 2021, which marked an a decrease of 3,735(7.26%) from $51,476 in 2020. This income is 63.99% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Hot Springs sees its highest median household income among householders in the age group of 25 to 44 years old, at $87,904. Overall, the median household income for the city of Hot Springs stands at $47,741.
In Hot Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $27,943 for males and $20,822 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,699 for males and $56,802 for females.
In Hot Springs, there are just two different racial groups among households. Among these, White households report a median household income of $56,603, while American Indian and Alaska Native households have a median household income of $12,539.
In 2022, the population of Hot Springs was 3,590, a 2.63% increase year-by-year from 2021. Previously, in 2021, Hot Springs's population was 3,498, an increase of 3.16% compared to a population of 3,391 in 2020.
The median age in Hot Springs, SD is 54.9, as per 2021 ACS 5-Year Estimates. Of the total population, 13.68% were under the age of 15, 14.03% aged 15 to 29, 41.12% aged 30 to 64, 26.03% aged 65 to 84, and 5.14% were 85 years of age and older.
Racial distribution of Hot Springs population: 75.32% are White, 14.32% are American Indian and Alaska Native, 1.94% are Asian and 8.42% are multiracial.