Is Bonanza, GA a Good Place to Live?
Bonanza is a small town of 3,638 in Georgia, with a median household income of $68,257 and a 8.8% unemployment rate. Its cost of living index is 101 (US average = 100), which is 1% above the national average.
Strengths: Bonanza stands out for below-average home prices.
Trade-offs: Potential downsides include longer commutes, 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: 100.9Bonanza's overall cost of living index is 100.9, where 100 represents the US national average. Living in Bonanza costs roughly 1% more than the average American city.
| Metric | Bonanza, GA | National Avg |
|---|---|---|
| Median Home Value | $163,600 | $244,900 |
| Median Monthly Rent | $1,386 | $1,163 |
| Homeownership Rate | 54.0% | 65.9% |
| Median Household Income | $68,257 | $74,755 |
Crime & Safety
Crime data for Bonanza is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.
Schools & Education
| Metric | Bonanza, GA | 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 | 25.4% | 35.4% |
| High School Diploma or Higher | 90.4% | 91.1% |
Weather & Climate
Bonanza sees average highs of 52.7°F in January and 89.6°F in July, with 52.9 inches of annual precipitation and 0.8 inches of snow per year.
| Metric | Bonanza, GA |
|---|---|
| Average High — January | 52.7°F |
| Average High — July | 89.6°F |
| Annual Precipitation | 52.9" |
| Annual Snowfall | 0.8" |
Demographics
| Metric | Bonanza, GA | National Avg |
|---|---|---|
| Population | 3,638 | — |
| Median Age | 36.1 | 38.9 |
| Unemployment Rate | 8.8% | 3.7% |
| Avg Commute Time | 30.6 min | 26 min |
| White (non-Hispanic) | 10.4% | 59.3% |
| Black or African American | 69.4% | 13.6% |
| Hispanic or Latino | 7.6% | 18.9% |
| Asian | 9.8% | 6.3% |
| Under 18 | 24.7% | 22.2% |
| 65 and over | 8.6% | 16.8% |