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Hot Springs, Arkansas Retirement Guide
Retirement Score
Hot Springs, Arkansas at a Glance
- Median Home Price
- $148,100
- State Income Tax
- State income tax; Social Security fully exempt; military and some pension income exempt.
- Avg January Low
- 35.1°F
- Cost of Living Index
- 86.9 (US avg = 100)
- RetireCityIQ Score
- 69 / 100
Overview
Explore the key retirement factors for Hot Springs, Arkansas, including cost of living, taxes, healthcare quality, and climate data.
Cost of Living
Affordability Metrics
Hot Springs's cost of living is 13.099999999999994% below the national average. For a detailed breakdown of expenses, see our cost of living methodology.
Housing
Real Estate & Housing
10-Year Housing Stress Test (Estimate)
Estimate monthly homeowner carrying cost in Hot Springs using median home price and adjustable assumptions. Stress case applies +10% property tax, +20% insurance, +10% maintenance.
Estimated monthly carrying cost
$321
Stress-case monthly carrying cost
$360
Median home price used: $148,100
Median rent reference: $857 / month
Estimate includes property tax, insurance, maintenance reserve, and HOA. It excludes mortgage, utilities, and one-time transaction costs.
Budget validation
Calculate if your savings last in this city
Use RetireFree to test whether your portfolio can support retirement in Hot Springs, Arkansas after local housing costs, taxes, healthcare, inflation, and withdrawal timing.
Open the RetireFree Calculator →Healthcare
Access & Quality
Quality of care and specialist availability are critical for a successful retirement. Hot Springs scores 92.8 out of 100 for healthcare access.
Care planning link
Find local assisted living in Hot Springs
If your city research includes aging parents, future care needs, or a move closer to family, compare local care options alongside housing and healthcare access.
Assisted living in Hot Springs →Taxes
State Tax Climate
Arkansas has a tax environment that is moderate for retirees.
Climate
Weather & Environment
With 296 sunny days a year and an average January low of 35.1°F, Hot Springs offers a traditional winter climate.
Safety & Walkability
Community Safety
Walkability
Demographics
Population Profile
Diversity Breakdown
Frequently asked questions about retiring in Hot Springs
What is the cost of living in Hot Springs, Arkansas for retirees?▾
The cost-of-living index is 87, roughly 13% below the national average of 100. Median home price is around $148,100.
Does Arkansas tax Social Security or retirement income?▾
For Arkansas residents: State income tax; Social Security fully exempt; military and some pension income exempt.
What is the climate like in Hot Springs, Arkansas?▾
Hot Springs, Arkansas has January average low around 35°F, July average high around 95°F. Climate normals are based on 30-year averages from NOAA's National Centers for Environmental Information.
What is healthcare access like in Hot Springs, Arkansas?▾
Hot Springs scores 93/100 on the RetireCityIQ healthcare access index — a top-tier score. The index combines CMS hospital quality ratings, Medicare Advantage plan availability, and hospitals per 100,000 residents (KFF + CMS data).
Local Professionals
Financial Advisors
STRONGTOWER WEALTH MANAGEMENT, PLC
STRONGTOWER WEALTH MANAGEMENT, PLC
STRONGTOWER WEALTH MANAGEMENT, PLC
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