2025 Compare Cities Economy:
Hot Springs Village, AR vs Franklin, NC

Change Cities
Highlights
- Household income in Franklin, is 43% less than it is in Hot Springs Village and is 91% below the National Average.
- Hot Springs Village unemployment rate is 6.1%.
- Franklin unemployment rate is 4.2%.
 Hot Springs Village, ARFranklin, NCUnited States
 Unemployment Rate  Unlock4.2%6.0%
 Recent Job Growth  Unlock1.0%1.6%
 Future Job Growth27.2%  Unlock33.5%
 Sales Taxes8.0%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$38,011  Unlock$37,638
 Household Income  Unlock$36,158$69,021
 Family Median Income$77,907  Unlock$85,028
 space
 Est. Households By Income
 Hot Springs Village, ARFranklin, NCUnited States
 Income Less Than 15K  Unlock11.8%9.4%
 Income between 15K and 20K2.8%  Unlock3.8%
 Income between 20K and 30K  Unlock20.8%8.1%
 Income between 30K and 40K7.4%  Unlock8.0%
 Income between 40K and 50K  Unlock6.4%7.6%
 Income between 50K and 60K7.4%  Unlock7.2%
 Income between 60K and 75K  Unlock10.9%9.6%
 Income between 75K and 100K17.2%  Unlock12.8%
 Income between 100K and 150K  Unlock6.4%16.3%
 Income between 150K and 200K3.9%  Unlock7.8%
 Income greater than 200K  Unlock1.4%9.5%
 space1
 Population By Occupation
 Hot Springs Village, ARFranklin, NCUnited States
 Management, business, finance17.6%  Unlock16.4%
 Engineering, computers, science  Unlock3.4%6.5%
 Community, social services1.2%  Unlock1.8%
 Legal  Unlock1.0%1.2%
 Education, library6.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.6%2.0%
 Healthcare practitioners and technology5.4%  Unlock6.2%
 Healthcare support  Unlock3.8%3.3%
 Firefighters, law enforcement1.8%  Unlock2.1%
 Food preparation, serving  Unlock15.6%5.4%
 Building maintenance7.1%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support26.9%  Unlock20.9%
 Farming, fishing, forestry  Unlock1.5%0.6%
 Construction, extraction, maintenance/repair7.6%  Unlock8.1%
 Production, transportation, material moving  Unlock7.3%13.1%
Reviews for Hot Springs Village    16 Reviews

Over 4 years ago

We’ve been coming here for nearly 30 years. Bought a house on Lake Balboa 3 years ago and love the neighbors, golf, restaurants and location. Many lakes in this gated  More

   |    Reply

I have moved into Hot Springs Village less than 2 months ago. Within that 2 month time period I have had the POA compliance authorities come to tell me I was out of  More

   |    Reply

1. Cost of living is lower than most other states, especially property taxes. 2. Icy and snowy weather is infrequent. 3. Hurricane evacuations are not an issue you  More

   |    Reply

Start Your Review of Hot Springs Village

Reviews for Franklin    4 Reviews

Great mountain town. Friendly people and lots to do.  More

   |    Reply

Over 10 years ago

I agree with some of the posts on here saying that Franklin is more than willing to take your money, but it's difficult to fit in if you 'aren't from around here, are  More

   |    Reply

Franklin will welcome you if you are a vacationer but move here and it is a whole different story. We are one of those families that would vacation here every year and  More

   |    Reply

Start Your Review of Franklin


Learn More About Hot Springs Village, Arkansas
Overview
Cost of Living
Job Market
Crime
Climate
Economy
Religion
Voting
Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.