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Garland County, AR

Hot Springs

RANK #606 / 996 NAT  ·  #11 / 13 AR  ·  POP 100,021

1YR FORECAST: +0.7%

5YR OUTLOOK: +21%

Garland County's housing market is projected to grow +0.7% over the next year, below the national average.

[01] Why Garland County?

Garland County, Arkansas, is perhaps best known as home to Hot Springs National Park, a distinctive landmark that was the first federally protected area in the United States, established in 1832. The city of Hot Springs, the county seat, is adjacent to the park, offering a blend of urban amenities and natural beauty. Located within the Ouachita Mountains, the county features rolling forested hills and lakes, providing opportunities for boating, fishing, hiking, and mountain biking at spots like Lake Hamilton, Lake Ouachita, and Cedar Glades Park. Commutes within the county are generally short, with an average travel time of around 21.4 minutes.

Life in Garland County offers a mix of small-town atmosphere and access to outdoor recreation. The county's economy is supported by tourism, manufacturing, and regional medical facilities. Major investments in infrastructure and other sectors are contributing to growth, attracting businesses in diverse fields. The area's public schools are generally well-regarded, with several districts ranking highly within the state. Garland County also offers higher education options through National Park College.

[02] Market Snapshot

Housing Ratio
4.5x

Below national median (4.7x)

GDP Growth
+1.2%

Well below national median

Home Prices
-0.8%

Prices declining

Climate & Terrain
1.6

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 4.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    CHI St. Vincent Hot Springs Healthcare
    1,000+
  2. 2
    Oaklawn Racing Casino Resort Hospitality
  3. 3
    National Park Medical Center Healthcare
    500+
  4. 4
    Walmart Stores (5 locations) Retail
  5. 5
    City of Hot Springs Government
  6. 6
    Hot Springs School District Education
    250+
  7. 7
    Garland County Government
  8. 8
    National Park College Education
  9. 9
    Area Agency on Aging of Western Arkansas Healthcare
  10. 10
    Window Mart LLC Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Garland County U.S. National

The Numbers

DEMOGRAPHICS
Population
100,021
+0.33% YoY
Median Household Income
$54,229
Median Home Value
$166,600
-0.8% 12mo
Median Rent
$913
Average Annual Pay
$46,226
+3.4% YoY
Employment
38,005
+0.1% YoY
Income-to-Home-Value
0.3255
More affordable than average
Migration Inflow
3.59%
of pop. from another state
Bachelor's Degree+
25.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$217,500
Days on Market
82
Slower market
Months of Supply
8.4
Buyer's market
Sale-to-List Ratio
94.7%
Negotiation room for buyers
Sold Above List
4.2%
Listings w/ Price Drops
20.0%
Building Permits (2024)
111
Single-Family Permits
87

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
11.2
per 100K · nat avg 6.3
Firearm Fatalities
29.3
per 100K · nat avg 14.8
Injury Deaths
127.9
per 100K · nat avg 76.3
vs National Average
Well above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
45.3
Good
Good Air Days
60%
200 of 336 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
45
2022
44
2023
47
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$355M
TOTAL
PROJECT AMOUNT STATUS
Garland Forward Street Projects
City of Garland
$230M Planned
Garland Forward Economic Development Initiatives
City of Garland
$75M Planned
Amazon Last-Mile Facility
Amazon
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +1.2% 20 percentile
Population Growth +0.3% 43 percentile
Income Growth +8.5% 50 percentile
Vacancy Rate 1.6% 20 percentile
Home Price Change -0.8% 23 percentile
Rent Growth +3.8% 64 percentile
Price/Rent 11x 80 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Garland County, AR a good place to move to?

At 39/100, Garland County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $54,229 combined with job growth of +0.1% suggests the local economy is struggling to keep pace with national trends.

Is Garland County affordable?

Housing in Garland County is roughly in line with national affordability norms. The median home costs $166,600 and the income-to-home-value ratio sits at 0.33, with rents averaging $913/month. Not a bargain, but not a stretch for most local earners either.

Is Garland County growing or shrinking?

Population and employment in Garland County are both close to flat — population +0.3% YoY and jobs +0.1%. Home values shifted -0.8% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Garland County?

There's a moderate stream of newcomers. About 3.59% of residents moved from another state, which is above average and suggests Garland County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Faulkner County, AR 38 Saline County, AR 42 Benton County, AR 32 Pulaski County, AR 62 Crawford County, AR 83 Washington County, AR 84 Navajo County, AZ 39 Island County, WA 39