Also See Bonanza, AR: ZIP Codes & Maps
The City of Bonanza had a population of 596 as of July 1, 2024.
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 | 596 (100%) |
Population in Households | 596 (100.0%) |
Population in Families | 534 (89.6%) |
Population in Group Quarters1 | 0 |
Population Density | 214 |
Diversity Index2 | 35 |
INCOME | |
Median Household Income | $85,360 |
Average Household Income | $118,804 |
% of Income for Mortgage4 | 19% |
Per Capita Income | $45,449 |
Wealth Index5 | 146 |
Socioeconomic Status Index6 | Moderate (58.7) |
HOUSING | |
---|---|
Total HU (Housing Units) | 248 (100%) |
Owner Occupied HU | 202 (81.5%) |
Renter Occupied HU | 26 (10.5%) |
Vacant Housing Units | 20 ( 8.1%) |
Median Home Value | $262,195 |
Average Home Value | $324,505 |
Housing Affordability Index3 | 132 |
HOUSEHOLDS | |
Total Households | 228 |
Average Household Size | 2.61 |
Family Households | 169 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 0.36% | -0.44% |
Households | -0.41% | -0.18% |
Families | 1.16% | |
Median Household Income | 1.68% | |
Per Capita Income | 3.60% | |
Owner Occupied HU | 0.68% |
The table below compares Bonanza 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.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 259 | 59th |
Population Density | # 380 | 39th |
Median Household Income | # 26 | 96th |
Housing Affordability Index | # 350 | 56th |
Per Capita Income | # 23 | 96th |
Diversity Index | # 307 | 51st |
Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.
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