Bonanza is a town located in Sebastian County, in the state of Arkansas (AR), United States. Nestled in the West South Central division of the South region, it covers an area of 1.2 square miles (3.0 km²) and sits at an elevation of 542 ft. With a population of approximately 514 residents, Bonanza offers a peaceful, rural atmosphere.
The town's population is composed of about 53.11% males and 46.89% females, and it has a population density of 417.89 people per square mile (161.35/km²). Bonanza lies at a latitude of 35.24 and a longitude of -94.43, operating in the UTC-6.
Locals reflect a blend of American ancestry, with roots primarily in United States (9.7%), followed by English (7.8%), German (10.1%), and Scotch-Irish (0%) heritage. The town is identified by the ZIP code 72916.