Bonanza, AR

Arkansas · Metropolitan Area

Bonanza is a small town in Arkansas with a population of 730. Residents earn $59,583 per year, which is 21% below the national average.

3.6 /5.0
B+ Good
730 Population 262/sq mi density
$59,583 Median Income $28,905 per capita
$141,300 Home Value
$952 Median Rent
62°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$59,583 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$141,300 home value, $952/mo rent
C
Education
2.5 / 5.0
18.7% bachelor's degree or higher
Median Income $59,583
21% lower than US avg
Home Value $141,300
50% lower than US avg
Bachelor's+ 18.7%
45% lower than US avg
Median Rent $952
18% lower than US avg
Obesity Rate 34.8%
8% higher than US avg
Unemployment 3.5%
3% lower than US avg
Poverty Rate 19.0%
53% higher than US avg

How Bonanza Compares to the U.S. Average (100% = U.S. avg)

People

Population730
Median Age29.3 yrs
Density262/mi²
Male / Female57% / 43%
Largest GroupWhite 85%

Economy

B
Median Income$59,583
Per Capita$28,905
Unemployment3.5%
Poverty19.0%
County GDP$9,255M
Commute19 min

Housing

A+
Home Value$141,300
Rent$952
OwnershipN/A

Crime

ViolentN/A
PropertyN/A

Health

Obesity34.8%
UninsuredN/A
Depression26.9%
Heart Disease6.3%

Climate

Avg Temp62°F
AQI43 (Good)
Rain47.3 in/yr
Elevation543 ft

Education

C
Bachelor's+18.7%
High School+79.5%
School Score4.91

Community

2024 VoteR 68% / D 30%
Commute19 min
Libraries7

Is Bonanza a Good Place to Live?

Based on current data, Bonanza receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, high health insurance coverage. Areas to be aware of include an elevated poverty rate, below-average incomes. Bonanza offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Bonanza is $59,583, 21% below the national average of $75,149. Unemployment stands at 3.5%, indicating a healthy job market. The poverty rate of 19.0% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 19 minutes, shorter than most U.S. cities.

Cost of Living & Housing

The median home value in Bonanza is $141,300, 50% below the national median — offering relatively affordable homeownership. Renters pay a median of $952 per month, below the national average — a plus for affordability. At just 2.4x median income, home prices are very affordable relative to local earnings.

Education

18.7% of residents hold a bachelor's degree, below the national average of 33.7%. 79.5% have completed high school. Area schools have an average test score of 4.9/10.

Climate & Weather

Bonanza enjoys a moderate climate with an average annual temperature of 62°F. Winters average 40°F in January while summers reach 83°F in July. Annual precipitation totals 47.3 inches. Air quality is rated Good with a median AQI of 43.

Bonanza has a population of 730 with a density of 262 people per square mile. The median age is 29.3 years, 25% younger than the national median of 38.9. The city is predominantly White (84.8%), with 5.8% Hispanic.

Population

730
Total Population
262
People / sq mi
29.3yrs
Median Age
25% below US avg
2.8mi²
Land Area

Gender Distribution

Male 56.6%
Female 43.4%

Race & Ethnicity

Bonanza vs U.S. Average

Language Spoken at Home

English Only94.3%
20% above US avg
Spanish5.7%
57% below US avg

Social Characteristics

Bonanza vs U.S. Average

The median household income in Bonanza is $59,583, which is 21% below the national average of $75,149. The unemployment rate is 3.5% (below the 3.6% US average). 19.0% of residents live below the poverty line. Workers commute an average of 19 minutes.

Income: Bonanza vs U.S.

Commute Mode

Income

Median HH Income$59,583
21% below US avg
Per Capita Income$28,905
Avg Weekly Wage$1,061
IRS Avg AGI$69,751

Employment & Poverty

Unemployment3.5%
3% below US avg
Poverty Rate19.0%
53% above US avg
Establishments (County)3,751
County GDP$9,255M

Business (County)

Restaurants302
Healthcare482
Retail538
Manufacturing156

Tax & Cost of Living

Property Tax (IRS)$3,305
6% below US avg
Effective Tax Rate2.34%

Commute & Transportation

Commute Time18.8 min
Work from Home4.6%

Walkability

The median home value in Bonanza is $141,300, 50% below the national average. Monthly rent averages $952 (18% below US avg).

Home Value Sources

Ownership Split

Home Values

Census Median$141,300
50% below US avg

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$952
18% below US avg

HUD Fair Market Rent

Studio$700
1 Bedroom$751
2 Bedrooms$944
3 Bedrooms$1,239
4 Bedrooms$1,406

Ownership & Property

Owner-Occupied77.5%

Property Tax

Avg Tax (IRS)$3,305
6% below US avg
Effective Rate2.34%
In Bonanza, 34.8% of adults are obese (above the 32.1% national rate). 26.9% report depression. 28.7% are physically inactive.

Health Metrics: Bonanza vs U.S. Average (%)

Chronic Conditions

Obesity34.8%
8% above US avg
Diabetes9.9%
Heart Disease6.3%
High Blood Pressure35.7%
Asthma10.7%
COPD7.3%
Stroke3.2%

Behaviors & Mental Health

Binge Drinking16.8%
Physical Inactivity28.7%
Depression26.9%
Mental Distress20.4%
Physical Distress15.1%

Healthcare Access

Insurance Rate93.3%
Checkup Rate74.8%
Premature Death11,659/100K

Food & Exercise

Food Environment6.6/10
Exercise Access64.5%
Healthcare Facilities482

Crime Rates: Bonanza vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)19

Safety Score

Bonanza has an average annual temperature of 62°F (17°C). Winters average 40°F in January while summers reach 83°F in July. Annual precipitation is 47.3 inches. Air quality is rated Good with a median AQI of 43.

Temperature

40°F Jan (5°C) 83°F Jul (28°C)
Annual Average62.4°F
16% above US avg
January Average40°F (5°C)
July Average83°F (28°C)

Precipitation & Snow

Annual Rainfall47.3 inches
25% above US avg
Snowfall2.9 inches/yr

Air Quality

AQI Median43.0
RatingGood

Geography

Elevation543 ft (166 m)
Area2.8 sq mi (7.2 km²)
Population Density262/sq mi
Coordinates35.2318°N, 94.4161°W
County FIPS05131
It is classified as Metro — under 250K. 18.7% of residents hold a bachelor's degree or higher (45% below US avg). In the 2024 election, the county voted Republican by a 37.6-point margin.

2024 Presidential Election (County)

R 67.6%
D 30%

Winner: Republican by 37.6 points

Education

Bachelor's Degree+18.7%
45% below US avg
High School+79.5%
School Test Score4.91
C Education Grade (2.5/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density262/sq mi
Total Area2.8 sq mi

Infrastructure & Services

Public Libraries7
Healthcare Facilities482
Restaurants302
Retail Stores538

Safety & Disasters

Fatal Crashes (County/yr)19

Commute & Transportation

Avg Commute18.8 min
Work from Home4.6%

Nearby Cities

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