2025 Compare Cities Economy:
Montevallo, AL vs Hot Springs Village, AR

Change Cities
Highlights
- Household income in Hot Springs Village, is 45% more than it is in Montevallo and is 10% below the National Average.
- Montevallo unemployment rate is 2.0%.
- Hot Springs Village unemployment rate is 6.1%.
 Montevallo, ALHot Springs Village, ARUnited States
 Unemployment Rate  Unlock6.1%6.0%
 Recent Job Growth  Unlock-1.0%1.6%
 Future Job Growth34.0%  Unlock33.5%
 Sales Taxes10.0%  Unlock6.2%
 Income Taxes  Unlock6.9%4.6%
 Income per Cap.$22,005  Unlock$37,638
 Household Income  Unlock$62,938$69,021
 Family Median Income$64,688  Unlock$85,028
 space
 Est. Households By Income
 Montevallo, ALHot Springs Village, ARUnited States
 Income Less Than 15K  Unlock7.5%9.4%
 Income between 15K and 20K8.2%  Unlock3.8%
 Income between 20K and 30K  Unlock10.3%8.1%
 Income between 30K and 40K3.2%  Unlock8.0%
 Income between 40K and 50K  Unlock11.0%7.6%
 Income between 50K and 60K3.9%  Unlock7.2%
 Income between 60K and 75K  Unlock13.8%9.6%
 Income between 75K and 100K12.6%  Unlock12.8%
 Income between 100K and 150K  Unlock15.5%16.3%
 Income between 150K and 200K2.4%  Unlock7.8%
 Income greater than 200K  Unlock3.1%9.5%
 space1
 Population By Occupation
 Montevallo, ALHot Springs Village, ARUnited States
 Management, business, finance15.4%  Unlock16.4%
 Engineering, computers, science  Unlock2.7%6.5%
 Community, social services1.4%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library4.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.6%2.0%
 Healthcare practitioners and technology4.0%  Unlock6.2%
 Healthcare support  Unlock4.5%3.3%
 Firefighters, law enforcement7.3%  Unlock2.1%
 Food preparation, serving  Unlock4.5%5.4%
 Building maintenance1.8%  Unlock3.6%
 Personal care  Unlock2.4%2.6%
 Sales, office, administrative support26.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.5%0.6%
 Construction, extraction, maintenance/repair5.1%  Unlock8.1%
 Production, transportation, material moving  Unlock9.8%13.1%
Reviews for Montevallo    1 Reviews

Over 14 years ago

small and quite  More

   |    Reply

Start Your Review of Montevallo

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


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.