Bonanza is located in west Arkansas. Bonanza is part of Sebastian County. Bonanza has 2.79 square miles of land area and 0.02 square miles of water area. As of 2010-2014, the total Bonanza population is 608, which has grown 18.29% since 2000. The population growth rate is much higher than the state average rate of 10.24% and is much higher than the national average rate of 11.61%. Bonanza median household income is $41,250 in 2010-2014 and has grown by 33.89% since 2000. The income growth rate is higher than the state average rate of 28.22% and is higher than the national average rate of 27.36%. Bonanza median house value is $67,500 in 2010-2014 and has grown by 43.62% since 2000. The house value growth rate is lower than the state average rate of 49.31% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Bonanza is worse than the state average in quality.