Bonanza, OR

Full City Profile · Oregon · Klamath County County

4.1 /5.0
A Great
550 Population 671/sq mi density
$92,750 Median Income $47,143 per capita
$235,200 Home Value $296,628 Zillow
$850 Median Rent 22.5% income on rent
47°F Avg Temperature
A
Overall
4.1 / 5.0
Strong
A
Economy
4.3 / 5.0
$92,750 median income, 3.6% unemployment
A+
Affordability
5.0 / 5.0
$235,200 home value, $850/mo rent
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher

Bonanza, OR

At a Glance

Median Income
$92,750
23% above
$47,143 per capita
Home Value
$235,200
17% below
Zillow: $296,628
Median Rent
$850/mo
27% below
22.5% of income on rent
Bachelor's Degree+
26.6%
21% below
86.4% high school+
Unemployment
3.6%
0% below
11.8% poverty rate
Obesity Rate
37.4%
17% above
13.6% smoking rate
Avg Temperature
47°F

How Bonanza Compares to the U.S. Average

Each bar shows Bonanza's value as a percentage of the national average (100% = U.S. avg)

Income
123%
Home Value
83%
Rent
73%
Poverty
95%
Bachelor's
79%
Unemployment
100%
Thin vertical line = U.S. national average (100%)

Is Bonanza a Good Place to Live?

A
4.1 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Bonanza residents earn a median household income of $92,750 , which is 23% above the national average of $75,149. Per capita income is $47,143. The unemployment rate stands at 3.6% (0% below the U.S. rate of 3.6%). 11.8% of residents live below the poverty line. The area is home to 2,382 business establishments, including 195 restaurants.

Housing & Cost of Living

The median home value in Bonanza is $235,200 , 17% below the national median of $281,900. Zillow estimates the typical home at $296,628. Median rent is $850/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 1991.

Education

26.6% of adults in Bonanza hold a bachelor's degree or higher (21% below the national average). 86.4% have completed high school. Local schools score 4.7/10 in standardized testing.

Climate & Weather

Bonanza has an average annual temperature of 47°F (8°C). Winters average 32°F in January while summers reach 67°F in July. Annual precipitation totals 11.1 inches. Air quality is rated Good with a median AQI of 33.

Data Overview

People

Population550
Median Age56.2 yrs
Density671/mi²
Male / Female53% / 47%
Foreign Born11.3%
Veterans3.7%

Economy

A
Median Income$92,750
Per Capita$47,143
Unemployment3.6%
Poverty11.8%
County GDP$3,627M
Avg Weekly Wage$1,033

Housing

A+
Home Value$235,200
Rent$850
Ownership71.5%
Zillow$296,628
Housing Units232
Rent Burden22.5%

Health

Obesity37.4%
Diabetes10.9%
Smoking13.6%
Heart Disease6.0%
Premature Death11,782/100K

Climate

Avg Temp47°F
Rain11.1 in/yr
AQI33 (Good)
Elevation4,140 ft

Education

B
Bachelor's+26.6%
High School+86.4%
Graduate+11.8%
School Score4.7/10

Community

2024 VoteR 70% / D 28%
Commute28 min
Broadband81.6%
Internet Speed56 Mbps
EV Stations22
Libraries12

Did You Know?

Bonanza was founded in 1901.
The median home in Bonanza was built in 1991.
The nearest airport is Crater Lake/Klamath Regional (17 miles).
The Gini coefficient (income inequality) is 0.467 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
11.6% of the population has a disability.
11.3% of residents are foreign-born.
There are 195 restaurants in the area.
The county recorded 22 fatal vehicle crashes.
455 declared natural disasters on record.