Also See: Bonanza, AR ZIP Codes & ZIP Code Maps | Local Area Photos
The City of Bonanza had a population of 613 as of July 1, 2019.
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 elevation is 548 feet.
The City of Bonanza (GNIS ID: 2403891) 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 Township of Marion (historical), a minor civil division (MCD) of Sebastian County.
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HOUSING AFFORDABILITY INDEX | |
|---|---|
| Bonanza, AR Housing Affordability Index is 191 State of Arkansas Housing Affordability Index is 177 | |
| 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. | |
WEALTH INDEX | |
|---|---|
| Bonanza, AR Wealth Index is 155 State of Arkansas Wealth Index is 67 | |
| 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. | |
These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.
More Tools and Resources:
POPULATION | |
|---|---|
| Total Population | 613 |
| Population in Households | 613 |
| Population in Families | 540 |
| Population in Group Qrtrs | 0 |
| Population Density | 217 |
| Diversity Index1 | 19 |
INCOME | |
| Median Household Income | $79,514 |
| Average Household Income | $102,745 |
| Per Capita Income | $41,216 |
| Wealth Index3 | 155 |
HOUSING | |
|---|---|
| Total Housing Units | 267 (100%) |
| Owner Occupied HU | 209 (78.3%) |
| Renter Occupied HU | 40 (15.0%) |
| Vacant Housing Units | 19 ( 7.1%) |
| Median Home Value | $234,884 |
| Housing Affordability Index2 | 191 |
HOUSEHOLDS | |
| Total Households | 248 |
| Average Household Size | 2.47 |
| Family Households | 193 |
| Average Family Size | 3 |
GROWTH RATE / YEAR | 2010-2019 | 2019-2024 |
|---|---|---|
| Population | 0.69% | 1.55% |
| Households | 0.77% | 1.64% |
| Families | 1.45% | 1.51% |
| Median Household Income | 2.58% | |
| Per Capita Income | 2.89% |
The table below compares Bonanza to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2019 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 | # 266 | 51st |
| Population Density | # 401 | 26th |
| Diversity Index | # 352 | 35th |
| Median Household Income | # 5 | 99th |
| Per Capita Income | # 9 | 99th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.
