Bonanza, AR


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Bonanza, AR

About Bonanza, AR

Living in Bonanza, AR is a unique experience. With the small town atmosphere, the locals have a strong sense of community. Everyone knows their neighbor and is willing to help out when needed. The town also has plenty of outdoor activities like fishing, kayaking, and camping near the nearby lake. There are plenty of quaint shops where you can find homemade crafts and other locally made products. The area is home to a variety of wildlife and many people enjoy bird watching or simply taking a relaxing walk in nature. Overall, living in Bonanza is a great experience that offers a peaceful lifestyle surrounded by beautiful nature and friendly faces! Mid-sized city - Extreme western Arkansas at Oklahoma border in Arkansas River Valley.

State: Arkansas
County: Sebastian County
Metro Area: Fort Smith Metro Area
City: Bonanza
Zip Codes: No Zip Codes Here.
Cost of Living:
Time zone: Central Standard Time (CST)
Elevation: 463 ft above sea level

Fort Smith is a small town with old-west flavor located in a flat valley along the Arkansas River. Major industries include light manufacturing and natural gas, and major employers include the nearby Fort Chaffee military installation. The economy is steady with somewhat above average job-growth prospects, and the low Cost of living and median home price are probably among the biggest attractions.

The downtown has some historic sites and districts. However, there isn’t much to do. The town, like many in the region, mixes a Southern and Western feel and culture. Aside from outdoor recreation in the Ozarks just to the north, most amenities and city services are available in Tulsa, 120 miles to the west. A variety of services and activities are also available in the Fayetteville-Springdale-Rogers area 50 miles north.

Local terrain is hilly with flat, fertile rivers and creek bottoms. The Ozarks rise to 1,500 feet in the north and 3,000 feet in the south with areas of national forest and mountain lakes. The climate is continental with four seasons. The warm summers are suitable for growing fruit and wine grapes. Winters are mild with average daytime temperatures above freezing.

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Bonanza Cost of Living

Cost of living, nearby mountains, and air quality make Bonanza a great place to live.

$85,100
+-297.3% higher than avg
$46,071
-49.8% lower than avg
5.3 / 6.7
Comfort Index
summer/winter
Bonanza Crime
29 / 100
Crime is ranked on a scale of 1 (low) to 100 (high). US average: 35.4
Minimum annual income
To live comfortably in Bonanza, Arkansas
$16,200
for a family
$28,400
for a single person
Pros & Cons of Bonanza
   Cost of living
Isolation
   Nearby mountains
Arts and culture
   Air quality
Low educational attainment
Cost of Living