Bonanza, Arkansas Demographics & Population 2026
During the 2020–2024 ACS period, Bonanza, Arkansas had a total population of 711, the 251st largest city in Arkansas, with a median household income of $63,631, which is 5% higher than the state average. The poverty rate is 13.2%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.1x.
Bonanza Quick Facts
How Bonanza Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 730 | 711 | -2.6% |
| Median household income | $59,583 | $63,631 | +6.8% |
| Median home value | $141,300 | $133,300 | -5.7% |
How Bonanza Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 51 | National average: 61
Education
Educational Attainment (Adults 25+)
Bonanza Rankings in Arkansas
Explore Arkansas Rankings
Other Cities in Sebastian County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Fort Smith | 89,805 | $54,816 | 18.3% | $178,100 |
| Greenwood | 9,616 | $66,844 | 10.0% | $182,900 |
| Barling | 5,007 | $54,387 | 15.1% | $140,000 |
| Lavaca | 2,489 | $80,924 | 5.9% | $162,300 |
| Mansfield | 1,204 | $53,068 | 23.5% | $113,500 |
| Hackett | 1,118 | $44,081 | 18.7% | $136,700 |
| Central City | 627 | $69,583 | 11.1% | $134,700 |
| Hartford | 496 | $45,341 | 24.9% | $83,700 |
| Huntington | 468 | $35,833 | 23.7% | $45,600 |
| Midland | 262 | $36,461 | 22.5% | $64,300 |
Cities Similar to Bonanza
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Summit | 706 | N/A | $126,600 | 9.0% | 31.9% |
| Luxora | 741 | N/A | $31,700 | 3.6% | 50.7% |
| Lacey | 746 | $63,099 | $209,500 | 0.0% | 52.4% |
| Desha | 679 | $68,403 | $117,600 | 16.9% | 17.1% |
| Guy | 720 | $75,592 | $246,600 | 19.3% | 14.2% |
A note before these figures: with a population of 711, Bonanza's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Bonanza is a small community located in Arkansas, within Sebastian County. The total population is 711. It ranks as the 251st most populous out of 614 Census-designated places in Arkansas.
Age Demographics
The median age in Bonanza is 29.0 years. This is 25% lower than the state median of 38.5 years. With 37.3% of the population under 18, Bonanza has a notably young demographic profile, suggesting a family-oriented community.
Economy, Income & Housing
The median household income in Bonanza is $63,631. This is 5% higher than the state median of $60,773. It is also 21% lower than the national median of $80,734. The poverty rate stands at 13.2%. This is 17% lower than the state poverty rate of 16.0%. The unemployment rate is 3.5%. This is 30% lower than the state rate of 4.9%. The median home value is $133,300. Housing costs are 29% lower than the state median of $188,000. With a home-value-to-income ratio of just 2.1x, Bonanza is one of the most affordable housing markets in the area. 79.1% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 66.4%.
Race & Ethnicity
The largest racial or ethnic group in Bonanza is White (non-Hispanic), making up 80.2% of the population. Hispanic or Latino residents account for 10.1%. The Asian population (0.3%) is well below the state average of 1.6%.
Education
18.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 29% lower than the state rate of 25.7%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 81.5%.
Data Sources & Methodology
All demographic data for Bonanza, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 614 Census-designated places in Arkansas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Bonanza, Arkansas?
Bonanza, Arkansas has a population of 711 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Bonanza, AR?
The median household income in Bonanza is $63,631, which is 21% lower than the national median of $80,734.
What is the poverty rate in Bonanza, AR?
The poverty rate in Bonanza is 13.2%. This means approximately 90 residents live below the federal poverty line.
What is the racial makeup of Bonanza, Arkansas?
Bonanza's population is 80.2% White, 0.0% Black, 10.1% Hispanic/Latino, and 0.3% Asian.
What is the median home value in Bonanza, AR?
The median home value in Bonanza is $133,300. The home-value-to-income ratio is 2.1x.
How educated is Bonanza, Arkansas?
18.3% of adults (25+) in Bonanza hold a bachelor's degree or higher, and 6.4% hold a graduate or professional degree.