The Town of Bonanza had a population of 29 as of July 1, 2020. Bonanza ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Colorado. See peer rankings below.
The primary coordinate point for Bonanza is located at latitude 38.2947 and longitude -106.1422 in Saguache County. The formal boundaries for the Town of Bonanza encompass a land area of 0.44 sq. miles and a water area of 0 sq. miles. Saguache County is in the Mountain time zone (GMT -7). The elevation is 9,478 feet.
The Town of Bonanza (GNIS ID: 2411706) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Colorado is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Bonanza is located within Saguache Division of Saguache County.
|Total Population||29 (100%)|
|Population in Households||29 (100.0%)|
|Population in Families||23 (79.3%)|
|Population in Group Quarters1||0|
|Median Household Income||$41,461|
|Average Household Income||$57,951|
|% of Income for Mortgage4||0%|
|Per Capita Income||$27,563|
|Total HU (Housing Units)||39 (100%)|
|Owner Occupied HU||16 (41.0%)|
|Renter Occupied HU||3 ( 7.7%)|
|Vacant Housing Units||20 (51.3%)|
|Median Home Value||$187,500|
|Average Home Value||$263,333|
|Housing Affordability Index3||0|
|Average Household Size||1.53|
|Average Family Size||2|
GROWTH RATE / YEAR
|Median Household Income||3.82%|
|Per Capita Income||2.31%|
|Owner Occupied HU||1.22%|
The table below compares Bonanza to the other 459 incorporated cities, towns and CDPs in Colorado by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 444||3rd|
|Population Density||# 418||9th|
|Median Household Income||# 404||12th|
|Housing Affordability Index||# 56||12th|
|Per Capita Income||# 320||31st|
|Diversity Index||# 339||26th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Colorado Census Data Comparison Tool.