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Hot Springs is considered a Small Town with a population of 3,309 and 765 businesses. 6 in 2018 were added to the Hot Springs Chamber of Commerce business directory which was less than 2017 which had 10.

The economy of Hot Springs employs 1,903 people and has an unemployment rate of 3.1%. Some of the largest industries in Hot Springs are Professional Services (52),Restaurants (31), and Motels & Hotels (28).
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