Income & Economy in Bonanza, AR

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$59,583

-19% vs national

Per Capita Income

$28,905

-22% vs national

Poverty Rate

19.0%

+40% vs national

Gini Index

0.4794

0 = perfect equality

Unemployment

5.9%

+14% vs national

SNAP Recipients

19.5%

of households

How Bonanza Compares

Source: Census ACS (2023)

Bonanza vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Bonanza is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Bonanza. The median household income here is $59,583.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
17.8%
$25-50K
22.9%
$50-75K
24.1%
$75-100K
10.2%
$100-150K
5.9%
$150-200K
12.7%
$200K+
6.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.9%

-3% vs AR avg

Labor Force

286

Employed

269

Mean Commute

18 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

11.4%

of adults 25+

High School Diploma+

31.5%

of adults 25+

Median Age

29.3

Work from Home

4.6%

of workers

The median household income in Bonanza, AR is $59,583, which is 18.6% below the national average of $73,224. Per capita income is $28,905. The poverty rate of 19.0% is lower than the AR state average of 19.2%. The Gini index of income inequality is 0.4794, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.9%, compared to the state average of 6.1%. 11.4% of adults hold a bachelor's degree or higher. The average commute time is 18 minutes, with 4.6% working from home.