What are the schools like in Bonanza, AR?

School district data for Bonanza is sourced from the National Center for Education Statistics (NCES).

What is the median household income in Bonanza?

The median household income in Bonanza, AR is $52,500 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 9.2%.

What is the weather like in Bonanza, AR?

Bonanza has an average high temperature of 51.3°F in January and 94.1°F in July. Annual precipitation averages 47.3 inches and annual snowfall averages 2.9 inches.

Bonanza, AR Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Bonanza, AR affordable or expensive?

Bonanza's cost of living index is 85, where 100 represents the national average. This means Bonanza is 15% less expensive than the average US city. The median home value is $120,600 and the median rent is $975 per month.

Q: What is the crime rate in Bonanza, AR?

Bonanza has a violent crime rate of 642.3 incidents per 100,000 residents and a property crime rate of 2807.7 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Bonanza, AR a Good Place to Live?

Bonanza is a small town of 522 in Arkansas, with a median household income of $52,500 and a 9.2% unemployment rate. Its cost of living index is 85 (US average = 100), which is 15% below the national average.

Strengths: Bonanza stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Bonanza is right for you depends on your priorities — the full breakdown is below.

All Bonanza city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 85.1

Bonanza's overall cost of living index is 85.1, where 100 represents the US national average. Living in Bonanza costs roughly 15% less than the average American city.

Metric	Bonanza, AR	National Avg
Median Home Value	$120,600	$244,900
Median Monthly Rent	$975	$1,163
Homeownership Rate	83.8%	65.9%
Median Household Income	$52,500	$74,755

Crime & Safety

Higher than Average

Bonanza's violent crime rate is 642.3 per 100,000 residents — 69% higher than the national average of ~380 per 100,000.

Violent Crime

642.3 /100k

Property Crime

2807.7 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric	Bonanza, AR	National Avg
School District	N/A	—
Elementary Schools	N/A	—
Middle Schools	N/A	—
High Schools	N/A	—
Student/Teacher Ratio	N/A	16:1
Bachelor's Degree or Higher	14.7%	35.4%
High School Diploma or Higher	83.3%	91.1%

Weather & Climate

Bonanza sees average highs of 51.3°F in January and 94.1°F in July, with 47.3 inches of annual precipitation and 2.9 inches of snow per year.

Metric	Bonanza, AR
Average High — January	51.3°F
Average High — July	94.1°F
Annual Precipitation	47.3"
Annual Snowfall	2.9"

Demographics

Metric	Bonanza, AR	National Avg
Population	522	—
Median Age	39.9	38.9
Unemployment Rate	9.2%	3.7%
Avg Commute Time	20.0 min	26 min
White (non-Hispanic)	83.3%	59.3%
Black or African American	0.0%	13.6%
Hispanic or Latino	12.3%	18.9%
Asian	0.6%	6.3%
Under 18	22.4%	22.2%
65 and over	18.8%	16.8%

Nearby Cities

Hackett, AR 3 mi Pocola, OK 3 mi Rock Island, OK 5 mi Arkoma, OK 7 mi Fort Smith, AR 9 mi

Bonanza vs Other Cities

Bonanza, AR vs Hackett, AR Bonanza, AR vs Pocola, OK Bonanza, AR vs Rock Island, OK Bonanza, AR vs Arkoma, OK Bonanza, AR vs Fort Smith, AR

Frequently Asked Questions

Is Bonanza, AR affordable or expensive?

Bonanza's cost of living index is 85, where 100 is the national average. That makes Bonanza roughly 15% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $120,600 and median rent is $975/month.

What is the crime rate in Bonanza, AR?

Bonanza's violent crime rate is 642.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2807.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Bonanza?

School district information is sourced from NCES Common Core of Data.

Is Bonanza, AR a good place to live?

Bonanza, AR has a population of 522, a median household income of $52,500, and an unemployment rate of 9.2%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Bonanza?

Bonanza averages 51.3°F in January and 94.1°F in July. Annual rainfall is 47.3 inches with about 2.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What is the population of Bonanza?

The population of Bonanza, Arkansas is 522 with a median age of 39.9. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Bonanza?

Key numbers for living in Bonanza: cost of living index 85 (100 = US average), median home $120,600, median household income $52,500, crime index 155 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Bonanza side by side with your current city to see the trade-offs.