Bonanza vs Lake City

A side-by-side comparison of Bonanza and Lake City: population, income, housing, and more.

Bonanza and Lake City are places in Georgia. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Bonanza has the higher population (3,567 vs 2,911 in Lake City). Bonanza has the higher median household income ($63,308 vs $57,300 in Lake City). Bonanza has the higher median home value ($179,800 vs $168,500 in Lake City).

Population, income & housing

	Bonanza	Lake City
Population	3,567	2,911
Median age	38.5 yrs	42.9 yrs
Median household income	$63,308	$57,300
Median home value	$179,800	$168,500
Median gross rent	$1,521	$1,130
Housing units	1,590	1,102
Homeownership rate	55.2%	51.8%
Bachelor's degree or higher	21.7%	11.9%
Unemployment rate	16.1%	1.8%

Trends (ACS 5-year, 2019–2023)

	Bonanza	Lake City
Population	3,603 → 3,567 (-1.0%)	2,777 → 2,911 (+4.8%)
Median household income	$53,462 → $63,308 (+18.4%)	$49,539 → $57,300 (+15.7%)
Median home value	$92,900 → $179,800 (+93.5%)	$88,200 → $168,500 (+91.0%)
Median gross rent	$1,296 → $1,521 (+17.4%)	$939 → $1,130 (+20.3%)

Bonanza

Population

3,6033,567

Median household income

$53,462$63,308

Median home value

$92,900$179,800

Median gross rent

$1,296$1,521

Lake City

Population

2,7772,911

Median household income

$49,539$57,300

Median home value

$88,200$168,500

Median gross rent

$939$1,130

Age & race/ethnicity

Age distribution (share)

	Bonanza	Lake City
Under 5	6.1%	4.0%
5 to 17	15.1%	13.5%
18 to 24	7.5%	10.8%
25 to 34	14.6%	13.1%
35 to 44	18.4%	11.0%
45 to 54	14.5%	17.5%
55 to 64	14.1%	14.1%
65 to 74	6.0%	6.2%
75 and over	3.6%	9.9%

Race & ethnicity (share)

	Bonanza	Lake City
White (non-Hispanic)	12.4%	10.5%
Black or African American	71.3%	35.6%
American Indian & Alaska Native	0.0%	4.1%
Asian	2.3%	32.9%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.3%
Two or more races	3.5%	1.7%
Hispanic or Latino	10.5%	14.8%

Educational attainment (age 25+)

Share of adults 25+

	Bonanza	Lake City
No high school diploma	6.9%	36.9%
High school graduate	38.8%	34.7%
Some college or associate's	32.6%	16.6%
Bachelor's degree	12.7%	9.4%
Graduate or professional degree	9.0%	2.5%

Commute to work

How workers get to work (share)

	Bonanza	Lake City
Drove alone	79.4%	59.9%
Carpooled	6.8%	24.6%
Public transit	1.6%	2.0%
Walked	1.2%	1.0%
Bicycle	0.0%	0.0%
Worked from home	11.0%	8.7%
Other means	0.0%	3.9%

Housing

Units in structure (share)

	Bonanza	Lake City
1-unit, detached	86.4%	75.2%
1-unit, attached	0.0%	1.5%
2 to 4 units	0.0%	2.2%
5 to 19 units	5.3%	10.6%
20 or more units	8.3%	9.0%
Mobile home & other	0.0%	1.5%

Poverty & households

	Bonanza	Lake City
Poverty rate	9.4%	15.8%
Average household size	2.44	2.60
Mean commute (minutes)	27	25
Median year structure built	1993	1971