Hot Springs : Arkansas

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What Hot Springs is like for active adults
The friendly, historic city of Hot Springs makes an excellent retirement community. Hot Springs Reservation was the first country’s Federal Reserve (1832) and became a National Park in 1921 (the nation's smallest by area). Its downtown Historic District protects the thermal waters and the historic and opulent buildings on Bathhouse Row. Fordyce Bath House is the centerpiece and museum headquarters. Approximately 800,000 gallons of 143-degree water flows from the springs each day. The water comes from 47 springs on the western slope of Hot Springs Mountain. It is one of the most popular tourist destinations in the south.

Retirees will find plenty to do in and around historic Hot Springs.  There are many restaurants, at least a dozen art galleries, and plentiful community festivals. Hot Springs has a Master Plan to help maintain its place as a tourist destination. One of its initiatives is to develop trails such as the Hot Springs Creek Greenway.  There are plenty of volunteer opportunities with at least 150 volunteer organizations in town.

Hot Springs is the county seat of Garland County. It was the boyhood home of former President Bill Clinton.
Check out 750+ reviews of the best retirement towns on this site. Here is our review of Fayetteville, AR
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Where to Live & Real Estate Values

Active adults have many choices if they choose Hot Springs as their retirement community. One of the country’s largest active adult 55+ communities, Hot Springs Village, is located near here.
The median price of a Hot Springs home in mid-2014 was about $145,000 (City-Data).  In the desirable Lake Hamilton district south of town homes start at about $200,000, with homes on the lake  going for much more.  Real estate taxes are typically well below $1000.

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What is special about this retirement community

World-famous Bathhouse Row, consisting of eight turn-of-the century structures. Garvan Woodland Gardens. Mid-America Science Museum. Hot Springs National Park. Oaklawn Park thoroughbred racing. Hot Springs Mountain Tower. Nineteen parks and 7 miles of trails

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What is not special about this retirement community
Traffic in the season
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What kinds of people like retiring here
Active adults will like living here because it has beautiful natural surroundings and a vital, historic downtown. There is a strong economic base with ample opportunities for work.
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Local economy is driven by
Tourism
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Climate and Physical Environment
Hot Springs is in the Diamond Lakes Region of the gentle and scenic Ouachita Mountains. Use think to find out more about taxes and what is like to retire in Arkansas. Or go here to to learn about other of the 100 best places to retire
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Restaurants & Cultural Scene

The Hot Springs fine arts community earned the city the No. 4 position among America's Top 100 Small Arts Towns. Key festivals include the Hot Springs Music Festival, and the Hot Springs Documentary Film Festival (held each October at the historic Malco Theater). The grandkids will appreciate Magic Springs & Crystal Falls theme parks.

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Crime
Crime here is over double the national average according to both City-Data and CityRating. Of course crime is all about neighborhood, and generally will be low in neighborhoods where retirees would be attracted.
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Medical facilities
St. Joseph’s Regional Health Center, National Park Medical Center, and Levi Hospital.
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Transportation
The city boasts a newly-renovated 840-acre airport. Mesa Airlines connects from here to reach Dallas/Fort Worth, Texas, Harrison, Arkansas or Kansas City, Missouri.
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Valuable Links
Hot Springs on Wikipedia
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What people are saying about Hot Springs

Horse racing
I thought you'd entirely missed the best thing about Hot Springs, but on second read-through I saw you mentioned thoroughbred racing. This is one of the premier race meets in the US and attracts some of the top horses. I think opens in Jan and runs through to the Arkansas Derby, three weeks before the Kentucky Derby. Clinton's mom was a regular before her death. I did read somewhere that the crime statistics are related to this meet, and involve mostly the workers who show up to service the track. Supposedly doesn't spill over into the permanent communities.
Posted by skipaway on November 17, 2011

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Facts about HOT SPRINGS
  • State: AR
  • Environment: Resort Community,
  • City Population: 25,001-50,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 41-60
  • Avg July Temperature: 81+
  • Median HH Income: 20,001-40,000
  • Average Home Price (MLS): $100,000-$200,000
  • Annual Property Tax on a $200,000 house: Less than 2000
  • Total Crime Index: 111-120 (high)
  • Cost of Living Index: 81-90 (low)
  • Culture Index: 101-110 (slightly above average)
  • State Sales Tax: Yes
  • State Income Tax: Yes
  • Name of the Guide: boomer1

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Vote on the Ratings for Hot Springs
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1. Overall Retirement Ratings Discuss

1. Rating: 3.6/5 ( 9 votes cast)

2. Expense:
Inexpensive to Luxury Discuss

2. Rating: 2.8/5 ( 4 votes cast)

3. Taxes:
Inexpensive to Expensive Discuss

3. Rating: 2.7/5 ( 6 votes cast)

4. Culture:
None to Cosmopolitan Discuss

4. Rating: 3.0/5 ( 3 votes cast)

5.Recreation:
None to Summer camp Discuss

5. Rating: 4.0/5 ( 3 votes cast)

6. Transportation:
Boondocks to World Hub Discuss

6. Rating: 2.7/5 ( 3 votes cast)

7. Security:
Dangerous to Ft. Knox Discuss

7. Rating: 2.3/5 ( 6 votes cast)

8. Medical Facilities:
None to Excellent Discuss

8. Rating: 3.3/5 ( 3 votes cast)

9. Political Situation:
Conservative to Liberal Discuss

9. Rating: 2.7/5 ( 3 votes cast)

10. Environmental:
Oblivious to Ultra-Green Discuss

10. Rating: 2.7/5 ( 3 votes cast)