Bonanza, OR is a small rural town located in Klamath County with a population of 976. The average rent for two-bedroom apartments in Bonanza is $950, which is lower than the US average of $1,430. Additionally, Bonanza has a Grocery Cost Index of 97 compared to 100 in the US. This means that food in Bonanza is relatively more affordable than other areas of the country. \nThe small town has many local companies such as Bonanza Pub & Grub restaurant; Bloomsbury Farms, which provides fresh fruits and vegetables; Klamath Lakes Roasters coffee shop; and many more family owned businesses. In addition to these businesses, there are several nearby attractions such as Crater Lake National Park and Lake of the Woods Resort.
Bonanza (zip 97623) has an unemployment rate of 8.4%. The US average is 6.0%.
Bonanza (zip 97623) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Bonanza (zip 97623)
- The Sales Tax Rate for Bonanza (zip 97623) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Bonanza (zip 97623) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Bonanza (zip 97623)
- The average income of a Bonanza (zip 97623) resident is $17,770 a year. The US average is $28,555 a year.
- The Median household income of a Bonanza (zip 97623) resident is $58,611 a year. The US average is $69,021 a year.