Bonanza

Population: 730
Median household income: $59,583
Median home value: $141,300

Located in Sebastian County, Arkansas, Bonanza is a community with a population of 730. The median household income of $59,583 is above the Sebastian County median ($56,450).

From 2019 to 2023, Bonanza's population grew 48.7% from 491 to 730, while its median home value rose 11.3% from $127,000 to $141,300.

The median gross rent is $952. 18.7% of adults 25 and older hold a bachelor's degree or higher.

Demographics

ACS 2019–2023

Population: 730
Median age: 29.3 yrs
Median household income: $59,583
Median home value: $141,300
Median gross rent: $952
Housing units: 245
Homeownership rate: 77.5%
Bachelor's degree or higher: 18.7%
Unemployment rate: 5.9%

Trends

ACS 5-year · 2019–2023

Population

491730

Median household income

$44,545$59,583

Median home value

$127,000$141,300

Median gross rent

$805$952

Year	Population	Median household income	Median home value	Median gross rent
2019	491	$44,545	$127,000	$805
2020	509	$48,173	$125,600	$900
2021	498	$46,071	$117,500	$850
2022	522	$52,500	$120,600	$975
2023	730	$59,583	$141,300	$952

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 59.9%

5 to 1724.7%

18 to 244.7%

25 to 3415.9%

35 to 4412.9%

45 to 549.0%

55 to 647.7%

65 to 747.8%

75 and over7.5%

	Count	Share
Under 5	72	9.9%
5 to 17	180	24.7%
18 to 24	34	4.7%
25 to 34	116	15.9%
35 to 44	94	12.9%
45 to 54	66	9.0%
55 to 64	56	7.7%
65 to 74	57	7.8%
75 and over	55	7.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	610	83.6%
Black or African American	0	0.0%
American Indian & Alaska Native	1	0.1%
Asian	3	0.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	33	4.5%
Hispanic or Latino (any race)	83	11.4%

Educational attainment (age 25+)

No high school diploma20.5%

High school graduate33.1%

Some college or associate's27.7%

Bachelor's degree11.3%

Graduate or professional degree7.4%

	Count	Share
No high school diploma	91	20.5%
High school graduate	147	33.1%
Some college or associate's	123	27.7%
Bachelor's degree	50	11.3%
Graduate or professional degree	33	7.4%

Commute to work

Mean travel time to work: 19 min

Drove alone75.4%

Carpooled20.0%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home4.6%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	196	75.4%
Carpooled	52	20.0%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	12	4.6%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	58	23.4%
15 to 29 min	141	56.9%
30 to 44 min	49	19.8%
45 to 59 min	0	0.0%
60+ min	0	0.0%

Households

Average household size: 3.09
Poverty rate: 19.0% (139 of 730)

	Count	Share
Family households	168	71.2%
Nonfamily households	68	28.8%

Housing

Median year structure built: 1990

Occupancy

	Count	Share
Occupied	236	96.3%
Vacant	9	3.7%

Tenure (of occupied units)

	Count	Share
Owner-occupied	183	77.5%
Renter-occupied	53	22.5%

1-unit, detached82.4%

1-unit, attached0.8%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other16.7%

Units in structure

	Count	Share
1-unit, detached	202	82.4%
1-unit, attached	2	0.8%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	41	16.7%

Geography

Place GEOID: 0507540
Type (LSAD): 25
Land area: 2.79 sq mi
Water area: 0.02 sq mi
Center point: 35.2318, -94.4161