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The total population of Bonanza is estimated to be 522 with 270 males (51.72%) and 252 females (48.28%). There are 18 less females than males in Bonanza.
The median household income in Bonanza was $49,799 in 2021, which marked an a decrease of 4,788(8.77%) from $54,587 in 2020. This income is 66.75% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Bonanza sees its highest median household income among householders in the age group of 45 to 64 years old, at $55,397. Overall, the median household income for the city of Bonanza stands at $49,799.
In Bonanza, the median income for all workers aged 15 years and older, regardless of work hours, was $38,797 for males and $21,393 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,882 for males and $35,130 for females.
In Bonanza, population is primarily represented by White households, reporting a median income of $50,764.
In 2022, the population of Bonanza was 595, a 0.34% increase year-by-year from 2021. Previously, in 2021, Bonanza's population was 593, an increase of 1.19% compared to a population of 586 in 2020.
The median age in Bonanza, AR is 40.2, as per 2021 ACS 5-Year Estimates. Of the total population, 19.28% were under the age of 15, 20.48% aged 15 to 29, 41.57% aged 30 to 64, 17.67% aged 65 to 84, and 1.00% were 85 years of age and older.
Racial distribution of Bonanza population: 84.34% are White, 1.41% are American Indian and Alaska Native, 0.40% are Asian, 0.40% are some other race and 13.45% are multiracial.