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Cost of living, pay and housing

35.23° N · 94.42° W · GEOID 0507540

Bonanza

Sebastian County, Arkansas · part of the Fort Smith, AR metro

Limited data population under 5,000

ArkansasBonanza, ARBonanzaBonanza

The short answer

Bonanza is home to 711 people. Median household income is $63,631 a year and median rent is $945 a month, 17.8% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $133,300, about 2.1x annual median household income.

Median gross rent
$945
31% below the median place
Median household income
$63,631
21% below the median place
Median home value
$133,300
58% below the median place
Unemployment
5.5%
12% above the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Bonanza

  • Households average 3.31 people, larger than in 95% of the 2,480 places under 10,000 people we track. It is the highest of 71 Arkansas places.
  • The median home is worth 2.1 years of the median household's income, fewer than in 93% of places its size. It is the 3rd-lowest of 71 Arkansas places.
  • The median resident is 29 years old, younger than in 96% of places its size.
  • Between the 2019 and 2024 surveys, household income rose 7.4% a year while rent rose 3.3%, so pay gained on rent more than in 83% of places its size.
01

Moving to Bonanza

Sebastian County gains about 1.4 residents per 1,000 a year to moves between counties.

Moved in6,285
Moved out6,143
Net+142

Where people come from and where they go, top counties

Crawford County, AR1,2291,403−174
Logan County, AR184178+6
Franklin County, AR173170+3
Scott County, AR137143−6

Within Arkansas, other states or abroad

Arrivals
Leavers
Within ArkansasOther states

Income per tax return

Arrivals$47K
Leavers$54K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Sebastian County; flows under 20 returns are not published.

Who moves here
7.7% of residents arrived from another county in the past year, 0.0% from another state. County figure.
Who arrives and who leaves
Households moving into Sebastian County report $46,700 a year in income on average; those leaving, $53,800, so leavers earn more than newcomers.
Income you would need
$37,800 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $945 a month; owners with a mortgage pay $1,205 a month including taxes and insurance, on a median home of $133,300.
Getting to work
20 minutes each way on average; 7.6% work from home.
If it is close but not quite
Alamo, TX matches it on character. Compare the two
Moved from another state1
0.0%
below the median place (median 2.0%)
Income of households moving in8
$46,725
34% below the median place
Income of households moving out8
$53,811
23% below the median place
All 5 moving measures
MeasureBonanzaAmong 6,645 placesVs median
Moved here in the past year1County figure7.7%34% above
Moved from another state10.0%below (median 2.0%)
Net movers per 1,000 people8County figure1.4above (median -0.6)
Income of households moving in8County figure$46,72534% below
Income of households moving out8County figure$53,81123% below
02

What it costs to live here

Home price to income is 2.1x, 45% below the median place.

Bonanza17.8%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$37,800
a year, at the 30% line
Rent to income
17.8%
13% below the median place
Home price to income
2.1x
45% below the median place

Could you afford it?

The median rent would take
18%
comfortably under the 30% line
Left after rent, in US prices
$56,900
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Bonanza, $945 a month, and local prices for everything else (92.5 against a US average of 100). It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Bonanza.

Sponsored · exampleMoving to Bonanza? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Property tax paid (median)1
$1,117
66% below the median place
Median home value1
$133,300
58% below the median place
Owner costs with a mortgage1
$1,205
36% below the median place
All 16 cost and housing measures
MeasureBonanzaAmong 6,645 placesVs median
Median gross rent1$94531% below
Rent to income117.8%13% below
Property tax rate10.8%8% below
Home price to income12.1x45% below
Prices vs US average2Metro figure85.915% below
Fair market rent, 2 bedrooms3County figure$97939% below
HUD area median income4County figure$76,80028% below
Property tax paid (median)1$1,11766% below
Median home value1$133,30058% below
Home prices, 1-year change5County figure5.9%85% above
Home prices, 5-year change5County figure56.6%10% above
Homeownership179.1%19% above
Renters paying 30%+1County figure42.5%16% below
Owner costs with a mortgage1$1,20536% below
Vacant homes1County figure9.2%30% above
Median year built119870% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Income per person1
$27,128
32% below the median place
Mean commute1
20 min
21% below the median place
All 10 work and pay measures
MeasureBonanzaAmong 6,645 placesVs median
Median household income1$63,63121% below
Income per person1$27,12832% below
Unemployment1County figure5.5%12% above
Average annual pay6County figure$55,76915% below
Pay growth, 1 year6County figure1.1%70% below
Jobs6County figure67,70055% below
Poverty rate113.2%23% above
Mean commute120 min21% below
Works from home1County figure7.6%39% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 29.0, 26% below the median place.

Median age1
29.0
26% below the median place
Household size1
3.3
32% above the median place
High school or higher1
81.5%
12% below the median place

More about who lives here, against the typical place

Bachelor's or higher18.3% −43%
Homes with broadband91.2% −1%
No health insurance5.8% −9%
All 9 people measures
MeasureBonanzaAmong 6,645 placesVs median
Population17116646th largest
Population change since 202072.9%152% above
Median age129.026% below
Bachelor's or higher118.3%43% below
High school or higher181.5%12% below
Household size13.332% above
Born abroad1County figure9.0%2% above
No health insurance15.8%9% below
Homes with broadband191.2%1% below
05

Life in Bonanza

63 sites are on the National Register of Historic Places, one of them a National Historic Landmark.

Businesses per 10,000 residents (county figures)

Restaurants and bars22.6 +9%
Shops41.0 +35%
Arts, recreation and fitness3.1 −24%
Doctors' offices and clinics29.7 +47%
Child care centers2.2 −4%

Counts businesses with paid staff, so small owner-run shops are not included.

Shops per 10k9
41.0
35% above the median place
Doctors' offices and clinics per 10k9
29.7
47% above the median place
Students per teacher11
12.8
17% below the median place
All 9 schools and local life measures
MeasureBonanzaAmong 6,645 placesVs median
Public schools11County figure42367% above
Public school students11County figure20,120311% above
Students per teacher11County figure12.817% below
Restaurants and bars per 10k9County figure22.69% above
Shops per 10k9County figure41.035% above
Arts, recreation and fitness per 10k9County figure3.124% below
Doctors' offices and clinics per 10k9County figure29.747% above
Child care centers per 10k9County figure2.24% below
National Register listings10County figure63385% above
06

Safety, weather and risk

July average high is 93°F, 7% above the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Bonanza. Larger places are fetched first.

July average high12
93°F
7% above the median place
Annual precipitation12
51.7 in
18% above the median place
Wildfire risk13
90.4
48% above the median place
All 11 weather and risk measures
MeasureBonanzaAmong 6,645 placesVs median
July average high12County figure93°F7% above
January average low12County figure29°F16% above
Average temperature12County figure61°F11% above
Annual precipitation12County figure51.7 in18% above
Natural hazard risk13County figure86.86% below
Hurricane risk13County figure49.430% below
Tornado risk13County figure94.216% above
Wildfire risk13County figure90.448% above
Heat wave risk13County figure96.47% above
Median air quality index14Metro figure422% below
Good air days14Metro figure71.9%5% above
08

Bonanza in 2030: where the trends point

If recent trends hold, the median rent will take about 18% of the median income in 2030, about the same as 18% now.

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median rent$945/mo (2024)$1,200/mo$980 to $1,460/mo+4.0%
Median household income$63,631 (2024)$81,500$69,000 to $96,500+4.2%
Median home value$133,300 (2024)$179,000$130,000 to $246,000+5.0%
Population603 (2025)620590 to 640+0.5%

The median home would be worth 2.2 years of the median income in 2030, against 2.1 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Bonanza

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Alamo, TX$811$57,096Compare
Rensselaer, IN$936$60,331Compare
Dodge City, KS$1,045$68,721Compare
Storm Lake, IA$898$62,765Compare
Storm Lake, IADodge City, KSRensselaer, INAlamo, TXBonanza, ARBonanzaAlamoRensselaerDodge CityStorm LakeBonanzaAlamoRensselaerDodge CityStorm Lake

Common questions

Is Bonanza a good place to live?

It depends on what you need, so here is what the numbers say. Households average 3.31 people, larger than in 95% of the 2,480 places under 10,000 people we track. It is the highest of 71 Arkansas places. The median home is worth 2.1 years of the median household's income, fewer than in 93% of places its size. It is the 3rd-lowest of 71 Arkansas places. On cost, space and class size it scores 94 out of 100 for families. See how it ranks with your own weights.

Is Bonanza expensive to live in?

The median rent takes 17.8% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $133,300.

What salary do you need to live in Bonanza?

To rent the median home without spending more than 30% of income on rent, a household needs about $37,800 a year. Work it out from your current city.

What places are similar to Bonanza?

On income, rent, home value, education and age, the closest matches are Alamo, TX, Rensselaer, IN, Dodge City, KS and Storm Lake, IA.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. Income Limits · US Department of Housing and Urban Development · Fiscal year 2026
  5. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  6. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  7. Population Estimates · US Census Bureau · Vintage 2025
  8. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  9. County Business Patterns · US Census Bureau · 2023 data
  10. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  11. Common Core of Data · National Center for Education Statistics · 2024 release
  12. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  13. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  14. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Bonanza with places of a similar size, using only figures measured for Bonanza itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/bonanza-arkansas

Citytistics. “Bonanza, Arkansas.” Data as of 2026-11-14. https://www.citytistics.com/city/bonanza-arkansas/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.