Bonanza, Georgia Median Income

Bonanza, Georgia has a population of 3,500, with a median household income of $74,231.

Current median income data for Bonanza.

$74,231

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Population

3,500

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Median Income

$74,231

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Unemployment

4.40%

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Housing Price

$398,765

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Crime Rate

2.10

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Internet Speed

210.00 Mbps

Bonanza is a small local community located in Georgia. The city has a population that is below the average city population in Georgia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Bonanza is a notable city in Georgia, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Bonanza has a population of 3,500, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Bonanza is $74,231, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Bonanza is about $398,765, making it relatively affordable compared to many cities in Georgia.

Employment and Safety

The unemployment rate in Bonanza is 4.40%, which is lower than the state average, indicating a relatively strong job market. Bonanza has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Georgia, Bonanza shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Georgia, Bonanza contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Bonanza

What is the population of Bonanza?

The population of Bonanza is approximately 3,500.

Is Bonanza a good place to live?

Bonanza offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Bonanza?

The median household income in Bonanza is around $74,231.

How expensive is housing in Bonanza?

The average housing price in Bonanza is approximately $398,765.