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CITY · 2020 ACS

Bonanza

Arkansas · 587 residents · 2.787 sq mi
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The short version

Bonanza has notably lower household income than the US average, with a median household income of $48,173. Population has held roughly steady since 2000. 15% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has roughly tripled since 2000, reaching $125,600. With a median age of 46.1, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 46.1
US median: 38.8
Less educated
15% hold a bachelor's degree
US average: 33%
Less affordable
home values up 93%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
587
+14%since 2000
from 514 in 2000
1990 – 2025
Population density
211 / sq mi
+14%since 2000
from 184 / sq mi in 2000
US average: 280
Median age
46.1
+15%since 2000
from 40.0 in 2000
US average: 38.8
Population, 1990 – 2024
3874805746687611990201020202024Bonanza
2024711
1990201020202024
Section 02

Income & economy

Median household income
$48,173
+4%inflation adjusted, since 2000
from $30,809 in 2000
US average: $66,278
1990 – 2024
Per capita income
$33,457
+150%since 2000
from $13,407 in 2000
US average: $35,364
Households earning $100K+
38.0%
+5.6 ptssince 2009
from 32.4% in 2009
US average: 43.9%
Poverty rate
14.1%
+6.4 ptssince 2000
from 7.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Information14.7%
US avg: 11.1%
Retail trade12.1%
US avg: 10%
Wholesale trade10%
US avg: 6.7%
Finance & insurance5.6%
US avg: 5.5%
Professional, scientific, technical4.8%
US avg: 4.7%
Transportation & warehousing3.9%
US avg: 2.5%
Education & health services0.9%
US avg: 0.8%
Arts, entertainment, food0.9%
US avg: 2%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$125,600
+93%inflation adjusted, since 2000
from $43,300 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$900
+45%inflation adjusted, since 2000
from $413 in 2000
US average: $1,124
Owner-occupied
83.6%
+2.7 ptssince 2000
from 80.9% in 2000
16.4% rent
Afford Score
2.6
+86%since 2000
from 1.4 in 2000
1990 – 2024
RELATED:See current rent listings in Bonanza on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic94.4%(485)
Black0%(0)
Hispanic / Latino1.9%(10)
Asian0%(0)
Other0%
Diversity Score4.9%(25)
2020
White, non-Hispanic79.9%(469)
Black0.7%(4)
Hispanic / Latino5.8%(34)
Asian0.5%(3)
Other5.7%(33)
Diversity Score30.9%(182)
Diversity Score
31
+525%since 2000
from 5 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
15.0%
+9.8 ptssince 2000
from 5.2% in 2000
US average: 32.9%
High school or higher
87.1%
+19.2 ptssince 2000
from 67.8% in 2000
US average: 88.5%
Graduate degree
3.2%
+1.3 ptssince 2000
from 1.9% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
28.3 min
+192%since 2000
from 9.7 min in 2000
US average: 26.9
Drive alone to work
83.3%
+9.7 ptssince 2009
from 73.7% in 2009
US average: 75.1%
No vehicle available
3.7%
−1.4 ptssince 2009
from 5.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
6.9%
+2.6 ptssince 2011
from 4.2% in 2011
US average: 5.4%
Labor force participation
62.0%
−2.7 ptssince 2011
from 64.7% in 2011
US average: 63.4%
Management & professional
20.3%
−38.1 ptssince 2009
from 58.5% in 2009
US average: 39.3%
Section 08

People & community

Male
49.3%
−2.8 ptssince 2009
from 52.2% in 2009
Female
50.7%
+2.8 ptssince 2009
from 47.8% in 2009
Foreign born
4.1%
+4.1 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
8.4%
−77.6 ptssince 2013
from 86.0% in 2013
US average: 8.8%
Drill deeper

Places similar to Bonanza

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Pop 599
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Pop 591
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Pop 566
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Compare Bonanza to nearby cities

BONANZA VS
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Income$66,844+39%
Home value$182,900+46%
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BONANZA VS
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Income$54,816+14%
Home value$178,100+42%
Population90,855+14967%
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BONANZA VS
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Income$61,149+27%
Home value$181,500+45%
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BONANZA VS
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Income$50,511+5%
Home value$157,400+25%
Population9,171+1421%
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Frequently asked

How many people live in Bonanza, Arkansas?

Bonanza, Arkansas has about 587 residents according to the 2020 American Community Survey.

What is the median household income in Bonanza, Arkansas?

The typical household in Bonanza, Arkansas earns about $48,173 a year. Half of households make more than that, and half make less.

Is Bonanza, Arkansas expensive?

In Bonanza, Arkansas, the median home is worth about $125,600, and the typical rent is about $900 a month.

How educated are people in Bonanza, Arkansas?

About 15.0% of adults age 25 and over in Bonanza, Arkansas hold a bachelor's degree or higher.

What is the poverty rate in Bonanza, Arkansas?

About 14.1% of people in Bonanza, Arkansas live below the federal poverty line.

Has Bonanza, Arkansas grown since 1990?

Yes, Bonanza, Arkansas has grown since 1990. The population has added about 70 residents, a change of about 14 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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