Everything You Should Know Before Moving to Bonanza City, CO
Considering a move to Bonanza City, CO? As one of Colorado’s smallest communities with just 15 residents, Bonanza offers a unique, tranquil lifestyle surrounded by mountain scenery. Home prices average $312,000 with affordable rents, a low cost of living, and virtually no crime. Commute times are short, and residents benefit from abundant sunny days and access to nearby healthcare and schools. If you value privacy, a close-knit feel, and the great outdoors, Bonanza is truly one-of-a-kind.
Demographics - Bonanza City, CO
Demographics - Bonanza City, CO
Bonanza City is an exceptionally small and close-knit community, home to just 15 residents with a median age of 61, indicating a mature population. The area is predominantly White and features a balanced gender ratio, providing a peaceful and quiet atmosphere ideal for those seeking tranquility.
Population:
15
Density:
12 per sq mi
Median Age:
61.0
Gender Ratio:
100 males per 100 females
Non-English Speakers Percentage:
2.0%
Ethnic Composition
White:
93.3%
Black:
0.0%
Asian:
0.0%
Others:
6.7%
Cost Of Living
What is the average cost of living in Bonanza City, CO?
Living in Bonanza City is affordable, with a median home value of $312,000 and average rents around $950, both below many state averages. The overall cost of living index is 98.5, making daily expenses manageable for most residents.
Median House Value:
$312,000
Gross Rent:
$950
Monthly Electricity Charges:
$95
Auto Insurance:
$1,350
House Owner Cost With Mortgage:
$1,220
House Owner Cost Without Mortgage:
$390
State Taxes:
Low:
4.4%
|
High:
4.4%
Cost Of Living Index:
98.5
Grocery:
96.0
Housing:
90.0
Utilities:
93.0
Transportation:
95.0
Health Care:
97.0
Miscellaneous:
99.0
Crime
Is Bonanza City, CO a safe place to live?
Bonanza City stands out for its extremely low crime rates, reporting no violent or property crimes in recent statistics. This makes it an exceptionally safe place to live, ideal for those prioritizing peace of mind.
Violent Crimes Per 100k:
0
Property Crimes Per 100k:
0
Crime Index:
0
Chance Of Violent Crime:
Extremely low
Chance Of Property Crime:
Extremely low
Weather
What is the weather like in Bonanza City, CO year-round?
Residents enjoy a high proportion of sunny days (72%) throughout the year, with cool mountain temperatures ranging from winter lows of 6°F to summer highs of 75°F. The area receives about 15.5 inches of rainfall annually, supporting a crisp, alpine climate.
Winter
Min:
6°F
Max:
32°F
Spring
Min:
20°F
Max:
52°F
Summer
Min:
35°F
Max:
75°F
Fall
Min:
22°F
Max:
58°F
Average Rainfall Inches:
15.5 inches
Sunny Days Percentage:
72%
Neighbors
Neighbors in Bonanza City tend to have moderate incomes, with a median household income of $47,000 and a poverty rate of 11%. The community enjoys a low unemployment rate, minimal public transit use, and short average commutes of 19 minutes, reflecting the rural and self-reliant lifestyle.
Median Income:
$35,000
Household Income:
$47,000
Family Income:
$50,000
Per Capita Income:
$24,000
Income Male:
$27,000
Income Female:
$25,000
Poverty Rate:
11.0%
Non English Speakers:
2.0%
Rent:
$950
Unemployment Rate:
3.8%
Public Transport Usage:
0.0%
Commute Time:
19.0 minutes
Education
High School or Higher:
86.0%
Bachelors or More:
25.0%
Education
How are the schools in Bonanza City, CO?
While Bonanza City itself does not have local schools, students can attend Mountain Valley School in nearby Saguache, which offers small class sizes and a supportive environment. Higher education is accessible at Adams State University, located 60 miles away in Alamosa.
Public Schools
Name:
Mountain Valley School
Street:
403 Chico Ave, Saguache, CO 81149
Phone:
719-655-2578
Students:
180
Student Teacher Ratio:
9.5
Colleges
Name:
Adams State University
City:
Alamosa
State:
CO
Distance:
60 miles
Students:
3,500
Healthcare
Access to healthcare is solid with Heart of the Rockies Regional Medical Center located nearby, offering general and emergency services. Most residents have health insurance, and the physician-to-population ratio provides adequate coverage for such a small community.
Major Hospitals
Name:
Heart of the Rockies Regional Medical Center
Address:
1000 Rush Dr, Salida, CO 81201
Phone:
(719) 530-2200
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.5
Health Insurance Coverage:
89.0%
Health Care Index:
71.0
Housing Market
What is the housing market like in Bonanza City, CO?
The housing market in Bonanza City features a median home price of $312,000 and average rents around $950 for a two-bedroom unit. With 85% owner-occupied homes and a 4.5% appreciation rate, the market is stable and attractive for those seeking long-term residency.
Median Home Price:
$312,000
Average Rent For 2 Bedroom:
$950
Owner Occupied Rate:
85.0%
Rental Vacancy Rate:
8.0%
Home Appreciation Rate (1yr):
4.5%
New Construction Rate:
0.0%
Foreclosure Rate:
0.3%
DMV Information
Bonanza City residents are served by the Colorado Department of Revenue, Division of Motor Vehicles, with the nearest main office in Lakewood and services accessible online or by phone. Vehicle registration and licensing are straightforward, following state-wide Colorado procedures.
State:
Colorado
Department:
Colorado Department of Revenue, Division of Motor Vehicles
Address:
1881 Pierce St, Lakewood, CO 80214
Phone:
303-205-5600
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.