Bonanza 61 Average
Bonanza Livability #310 ranked city in Georgia#16,530 ranked city in the USARanks better than 43% of areas

Pros and Cons of Living in Bonanza

PROS
  • Cost Of Living

    The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.

  • Crime

    With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.

  • Housing

    This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.

CONS
  • Amenities

    A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.

  • Commute

    Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.

  • Health & Safety

    Poor air quality and the inaccessibility of certain health related facilities like hospitals, clinics, doctors and pharmacies could have all contributed to the low score in this category.

  • Schools

    Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.

  • Ratings

    AreaVibes conducted surveys and polls with locals who live in the area. The results were not favorable for walkability of amenities, parks, public transit and the overall sense of community in the area.

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What's it like Living in Bonanza?

Located in the state of Georgia, Bonanza is a smaller city with a population of 3,877 residents. Bonanza has a population density of 3,698 people per square mile. This would be considered well above the national population density level. Bonanza could be a great place for young adults and students as the average age of 31 years old is below the nation’s average. All the single ladies and all the single fellas might want to take notice as only 35% of the Bonanza population is married. On a daily basis, the typical American spends approximately 26 minutes on their one-way work commute. Reduced travel times not only contributes to increased overall happiness, but also affords more opportunities to cherish moments with family and friends. If you're living in Bonanza, your commute time will align closely with the national average, spanning a one-way duration of approximately 28 minutes.

Are you trying to ascertain if living in Bonanza is the right fit for your lifestyle? To ensure a good experience before relocating to any new city in Georgia, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Bonanza, AreaVibes has created a livability score using key metrics like amenities, crime, health & safety, education, employment and more.

Bonanza has a livability score of 61/100 and is ranked #303 in Georgia and #16,269 in the USA. Based on the scores for each individual category, Bonanza has received high marks for crime (B) and cost of living (A+). Regrettably for Bonanza, there are some categories for which it does not rank well, this includes: amenities (F) and education (F).

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Bonanza excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Bonanza is actually affordable. Median real estate prices in Bonanza come in at $128,000, which is 16% lower than the Georgia average. The home price to income ratio compares the median home prices to the median household income. In Bonanza, the home price to income ratio is 2.2, which is 26.7% lower than the Georgia average.

Best Places to Live in and Around Bonanza

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Compare Bonanza, GA Livability

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      Bonanza transportation information

      Statistic Bonanza Georgia National
      Average one way commute28min28min26min
      Workers who drive to work83.6%79.6%76.4%
      Workers who carpool8.5%10.1%9.3%
      Workers who take public transit1.4%2.1%5.1%
      Workers who bicycle0.0%0.2%0.6%
      Workers who walk1.4%1.6%2.8%
      Working from home5.1%5.1%4.6%
      Source: The Bonanza, GA data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).