Bono, AR Profile: Facts & Data

The City of Bono had a population of 2,728 as of July 1, 2024. Bono ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Bono is located at latitude 35.9087 and longitude -90.8026 in Craighead County. The formal boundaries for the City of Bono encompass a land area of 1.44 sq. miles and a water area of 0 sq. miles. Craighead County is in the Central time zone (GMT -6).

The City of Bono 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 Bono is located within , a minor civil division (MCD) of Craighead County.

Bono, AR Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	2,728 (100%)
Population in Households	2,728 (100.0%)
Population in Families	2,253 (82.6%)
Population in Group Quarters¹	0
Population Density	1,024
Diversity Index²	28


INCOME
Median Household Income	$56,761
Average Household Income	$64,029
% of Income for Mortgage⁴	17%
Per Capita Income	$25,278
Wealth Index⁵	36
Socioeconomic Status Index⁶	Moderate (45.5)

HOUSING
Total HU (Housing Units)	1,182 (100%)
Owner Occupied HU	643 (54.4%)
Renter Occupied HU	434 (36.7%)
Vacant Housing Units	105 ( 8.9%)
Median Home Value	$153,740
Average Home Value	$180,910
Housing Affordability Index³	152

HOUSEHOLDS
Total Households	1,077
Average Household Size	2.53
Family Households	730
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Bono, AR - Peer Comparisons by Rank and Percentile

The table below compares Bono to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	2.97%	2.36%
Households	3.12%	2.44%
Families		2.45%
Median Household Income		4.06%
Per Capita Income		2.85%
Owner Occupied HU		3.13%

Variable Description	Rank	Percentile
Total Population	# 112	82nd
Population Density	# 54	92nd
Median Household Income	# 211	66th
Housing Affordability Index	# 446	71st
Per Capita Income	# 410	35th
Diversity Index	# 394	37th

Bono, AR Profile: Facts & Data

Bono, Arkansas - Basic Facts

Bono, AR Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bono, AR - Peer Comparisons by Rank and Percentile

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