Also See Bonanza, AR: ZIP Codes & Maps
The City of Bonanza had a population of 577 as of July 1, 2023.
The primary coordinate point for Bonanza is located at latitude 35.2393 and longitude -94.426 in Sebastian County. The formal boundaries for the City of Bonanza encompass a land area of 2.74 sq. miles and a water area of 0.02 sq. miles. Sebastian County is in the Central time zone (GMT -6).
The City of Bonanza has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The City of Bonanza is located within , a minor civil division (MCD) of Sebastian County.
POPULATION | |
---|---|
Total Population | 577 (100%) |
Population in Households | 577 (100.0%) |
Population in Families | 476 (82.5%) |
Population in Group Quarters1 | 0 |
Population Density | 207 |
Diversity Index2 | 39 |
INCOME | |
Median Household Income | $89,883 |
Average Household Income | $137,452 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $55,028 |
Wealth Index5 | 172 |
Socioeconomic Status Index6 | Moderate (56.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 248 (100%) |
Owner Occupied HU | 190 (76.6%) |
Renter Occupied HU | 41 (16.5%) |
Vacant Housing Units | 17 ( 6.9%) |
Median Home Value | $250,000 |
Average Home Value | $305,789 |
Housing Affordability Index3 | 150 |
HOUSEHOLDS | |
Total Households | 231 |
Average Household Size | 2.50 |
Family Households | 174 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.53% | -0.31% |
Households | -0.13% | -0.26% |
Families | -0.70% | |
Median Household Income | 1.08% | |
Per Capita Income | 3.51% | |
Owner Occupied HU | 0.52% |
The table below compares Bonanza to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 267 | 57th |
Population Density | # 388 | 38th |
Median Household Income | # 12 | 98th |
Housing Affordability Index | # 357 | 57th |
Per Capita Income | # 5 | 99th |
Diversity Index | # 274 | 56th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.
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