In 1905, Cassius Monohan homesteaded 106 acres around the springs, and sold it to Franklin Leach in 1909, who developed a resort. The Circle Springs post office was established in 1924. Culture Residents have formed a non-profit civic association. Subsistence activities are a part of the lifestyle. The community attracts tourists in summer months.
Some mining occurs.
Subsistence activities and public assistance supplement income. The Hot Springs road connects to the Steese Highway and on to Fairbanks. A State-owned 3,600' lighted gravel airstrip is available. The area has a continental subarctic climate, characterized by seasonal extremes in temperature. Winters are long and harsh, summers warm and short.