D

Hot Springs, VA

Source:

Affordability Score: 47/100

Population: 2,673 · 1 ZIP codes

The affordability dashboard for Hot Springs, VA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 2,673 residents, then layers in county-level federal data to produce an overall grade of D (47/100). The headline inputs are median household income of $51,500, median home value of $163,700, median rent of $855 per month, and 10.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $977 per month (studio $796, 1BR $801, 3BR $1,171, 4BR $1,528). Department of Labor data lists infant center-based childcare at $9,234 per year, consuming 18% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Pressure points are income, education. Unemployment currently reads 1.5% and poverty 30.6% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income F
$51,500
Median household income
Education F
10.9%
Bachelor's degree or higher
Housing C+
3.2x
Home value $163,700 vs income
Commute N/A
N/A
Average commute time
Rent B
$977/mo
2BR fair market rent (23% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare F
$9,234/yr
Center-based infant care (18% of income)

Income & Employment

Median Income
$51,500
▼ 17% vs national
Per Capita Income
$30,045
Unemployment Rate
1.5%
Poverty Rate
30.6%

Housing

Median Home Value
$163,700
▼ 40% vs national
Median Rent
$855/mo
Owner Occupied
69.7%
2BR Fair Market Rent
$977/mo
▼ 19% vs national

Fair Market Rents by Bedroom

Studio
$796
1BR
$801
2BR
$977
3BR
$1,171
4BR
$1,528

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
10.9%
▼ 19 ppt vs national
High School+
49.8%
Median Age
55.9
Avg. Commute

Childcare Costs

Infant (Center)
$9,234/yr
18% of income
Toddler (Center)
$8,308/yr
Preschool (Center)
$8,308/yr
School-Age (Center)
$7,836/yr

What This Means

Hot Springs, VA receives an overall affordability grade of D (47/100), aggregated from 1 ZIP codes with a total population of 2,673. Challenges include income and education. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Hot Springs ZIP Codes
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What are common questions about this dashboard?

Is Hot Springs, VA affordable?
Hot Springs, VA receives an overall affordability grade of D (47/100) based on Census, HUD, FBI, and DOL data. Median household income is $51,500. Median home value is $163,700.
What is the cost of living in Hot Springs?
Key cost metrics: Median rent $855/mo. 2BR fair market rent $977/mo. Infant childcare $9,234/yr. Median home value $163,700.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →