Have you ever wondered about the fascinating population history of Bonham, Texas? From its humble beginnings to its thriving present-day community, the population of Bonham has experienced numerous changes and growth over the years. Join us as we delve into the intricate details of Bonham’s population history, uncovering the stories and statistics that have shaped this charming town. Get ready to explore the past, present, and future of Bonham, Texas like never before.
Population By Year
| Year | Population | Rank in US | Growth Rate |
|---|---|---|---|
| 2020 | 10,226 | N/A | N/A |
| 2010 | 10,127 | N/A | 0.97% |
| 2000 | 9,990 | N/A | 1.85% |
| 1990 | 8,717 | N/A | 20.55% |
| 1980 | 7,337 | N/A | 12.63% |
| 1970 | 6,668 | N/A | 3.89% |
| 1960 | 5,250 | N/A | 6.32% |
| 1950 | 5,247 | N/A | 30.35% |
| 1940 | 3,992 | N/A | 9.59% |
| 1930 | 3,416 | N/A | 1.99% |
| 1920 | 3,455 | N/A | -0.28% |
| 1910 | 3,355 | N/A | 12.50% |
| 1900 | 2,986 | N/A | 20.28% |
| 1890 | 2,106 | N/A | 16.61% |
| 1880 | 1,805 | N/A | 45.19% |
| 1870 | 1,241 | N/A | 7.66% |
| 1860 | 1,153 | N/A | 44.83% |
| 1850 | 797 | N/A | N/A |
| 1840 | 436 | N/A | N/A |
Bonham, Texas Population Facts
Early Settlement
Bonham, Texas, named after James Butler Bonham, a hero of the Alamo, was established in 1837. It quickly became a hub for trade and agriculture due to its strategic location near the Red River.
Population Growth
Over the years, Bonham has experienced steady population growth. According to the U.S. Census Bureau, the population of Bonham was:
- 1890: 4,678
- 1950: 6,117
- 2000: 9,990
- 2020: 10,351
Factors Contributing to Population Growth
The increase in population can be attributed to several factors, including:
- Job opportunities in industries such as healthcare, education, and manufacturing
- Quality of life with affordable housing and a strong sense of community
- Proximity to larger cities like Dallas for those seeking a suburban lifestyle
Future Projections
With ongoing development projects and a growing economy, Bonham is expected to continue its upward population trend in the coming years. The city’s rich history and small-town charm are likely to attract more residents looking for a peaceful yet vibrant place to call home.
Bonham, Texas Demographics
Population Growth
Bonham, Texas, located in Fannin County, has a rich history and a steadily growing population. Over the past few decades, the city has seen a consistent increase in its population, thanks to factors such as job opportunities, affordable housing, and a strong sense of community.
Ethnic Diversity
The population of Bonham, Texas, is a diverse mix of individuals from various ethnic backgrounds. The majority of residents are white, followed by African American, Hispanic, and Native American individuals. This diversity adds to the vibrant culture and welcoming atmosphere of the city.
Age Distribution
The age distribution in Bonham, Texas, is fairly evenly spread out, with a mix of young families, retirees, and working professionals. The city offers amenities and services to cater to residents of all ages, making it an attractive place to live for individuals at different stages of life.
Economic Status
Bonham, Texas, has a diverse economy, with industries such as healthcare, manufacturing, and education providing opportunities for employment. The median household income in the city is slightly below the national average, but the cost of living is also lower, making it a financially attractive option for many individuals and families.
Overall, the demographics of Bonham, Texas, paint a picture of a welcoming and diverse community with opportunities for individuals of all backgrounds and ages.
Bonham, Texas Income & Labor Statistics
Population Growth and Economic Impact
Over the years, Bonham, Texas has experienced steady population growth, leading to an increase in the workforce and economic activities in the area. The city’s economic landscape has been shaped by various factors, including income levels, labor force participation, and unemployment rates.
Median Household Income
The median household income in Bonham, Texas is $42,882, which is slightly below the national average. This figure reflects the economic diversity of the city, with residents working in various industries such as manufacturing, healthcare, education, and retail.
Unemployment Rate
The unemployment rate in Bonham, Texas is currently at 6.3%, which is higher than the national average. Despite this, the city continues to attract new businesses and industries, creating job opportunities for residents.
Labor Force Participation
Bonham, Texas has a labor force participation rate of 57.2%, indicating that a significant portion of the population is actively engaged in the workforce. This high participation rate contributes to the city’s overall economic growth and development.
Overall, Bonham, Texas has a dynamic economy that continues to evolve and adapt to changing market conditions, making it an attractive destination for both residents and businesses alike.
Bonham, Texas Housing & Rent Statistics
Housing Overview
Bonham, Texas, offers a variety of housing options ranging from single-family homes to apartments and townhouses. The city has a mix of historic homes and new developments, providing residents with diverse choices when it comes to housing.
Rent Statistics
As of recent data, the average rent for a one-bedroom apartment in Bonham, Texas, is around $700 per month. For a two-bedroom apartment, the average rent goes up to approximately $900 per month. These prices can vary based on location, amenities, and the condition of the rental property.
Homeownership Rate
The homeownership rate in Bonham, Texas, is approximately 60%, indicating that a majority of residents own their homes. This rate is slightly higher than the national average and showcases a strong sense of community and stability within the city.
Affordability
Despite rising housing costs in many parts of Texas, Bonham remains relatively affordable compared to larger cities. The cost of living in Bonham is reasonable, making it an attractive option for individuals and families looking for affordable housing options.
Overall, Bonham, Texas, offers a diverse housing market with reasonable rent prices and a high homeownership rate, making it an appealing choice for those looking to settle down in a welcoming community.
Conclusion
In conclusion, the population history of Bonham, Texas reveals a fascinating story of growth, decline, and resilience. From its humble beginnings as a small settlement to its peak as a bustling economic hub in the late 19th century, Bonham has seen its fair share of ups and downs. Despite facing challenges such as economic downturns and natural disasters, the community has persevered and continues to thrive today. By exploring its rich history, we gain a greater appreciation for the resilience and tenacity of the people who have called Bonham home. As the city continues to grow and evolve, it is important to reflect on its past and honor the individuals who have shaped its history. The population of Bonham may have fluctuated over the years, but one thing remains constant – the enduring spirit of its residents.