Reasons to Move to Bonham, Texas

Bonham, Texas, offers a rare combination of small-town charm and a strong sense of community, making it an increasingly attractive destination for those seeking a quieter, more relaxed lifestyle without sacrificing modern amenities. Located about 60 miles northeast of Dallas, this historic town is the county seat of Fannin County and is rich in local culture, from its beautifully preserved downtown square to its proximity to Lake Bonham and the Red River. The town has a tight-knit community that regularly hosts events like the annual Fannin County Fair, offering newcomers a chance to quickly get involved and feel at home. Whether you’re drawn to the serene landscape, the affordable housing options, or the slower pace of life, Bonham provides a refreshing change of pace from the hustle of larger cities.

For those considering a move, Bonham also benefits from its strategic location near major highways (US-82 and US-121), providing easy access to neighboring cities while maintaining the peace and affordability of rural living. The local schools are highly regarded, and the town’s growth potential, paired with an abundance of outdoor activities—fishing, hiking, and nearby state parks—makes it a compelling option for families and retirees alike. With a cost of living well below the state and national average, Bonham presents an opportunity to invest in a lifestyle that balances the simplicity of rural living with the conveniences of modern life. Whether you’re looking to build a new home, start a business, or simply embrace a quieter way of life, Bonham offers something for everyone.

Cost to Move to Bonham, Texas

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Cost of living in Bonham, Texas

Housing Costs

The median home price in Bonham, Texas, is significantly lower than the national average, making it an affordable place to buy property. As of 2023, the median home price in Bonham is approximately $185,000. This is well below the national median of $415,000. Renting in Bonham is also relatively affordable, with the average rent for a 1-bedroom apartment around $750 per month. For a 3-bedroom house, renters can expect to pay between $1,000 and $1,300 per month. These costs are influenced by the area’s rural nature and growing development.

According to data from the Zillow Home Values and RentData.org, Bonham’s housing market remains stable with a steady trend of gradual price increases. The area’s lower housing costs are ideal for those looking to stretch their housing budget further compared to larger metropolitan areas.

Utilities

The average cost for basic utilities in Bonham, which includes electricity, heating, cooling, water, and garbage for a standard 915 square foot apartment, is about $175 per month. This is relatively low compared to the national average, where utility costs typically run higher. In addition, Bonham benefits from a more temperate climate, reducing heating and cooling costs during extreme weather months. Electricity rates in Bonham average around 12.5 cents per kWh, slightly below the Texas average of 13.5 cents per kWh.

For a more detailed breakdown of utility pricing in Bonham, check out the Numbeo Cost of Living page.

Groceries/Food

The cost of groceries in Bonham is generally on par with the state average but lower than what you might pay in larger cities. For example, a gallon of milk costs around $2.30, a loaf of bread is typically $1.50, and a dozen eggs averages $2.00. Dining out at a local restaurant is also affordable, with a meal at a mid-range restaurant costing around $15 to $25 per person. If you’re on a budget, fast food meals are typically under $10.

For an updated overview of grocery prices in Bonham, visit Numbeo.

Transportation

Bonham’s rural location means that car ownership is essential for getting around. The average cost of gasoline in Bonham in 2023 is approximately $3.40 per gallon, which is close to the Texas state average. Public transportation options in Bonham are extremely limited, so most residents rely on private vehicles. The average annual cost of car ownership, including insurance, gas, and maintenance, is estimated at $8,500 to $10,000 for a typical vehicle, depending on usage and vehicle type.

For a more detailed look at gas prices and car ownership costs, refer to GasBuddy and Carsguide.

Healthcare

Healthcare costs in Bonham are somewhat lower than the national average. The average cost for a doctor’s visit is around $115, while a dental cleaning typically costs between $85 and $150. Prescription medications are reasonably priced, with the average cost for common medications such as a 30-day supply of generic Lipitor priced at about $10 to $25. Health insurance premiums in Bonham average about $300 to $450 per month for individual plans, depending on coverage levels and providers.

For more details on healthcare costs in Bonham, see HealthCare.gov and Save on Health Coverage.

Childcare and Education

Childcare costs in Bonham are relatively affordable compared to larger cities. On average, full-time daycare for an infant costs around $600 to $800 per month, while care for toddlers or older children may be less. Local public schools in Bonham are part of the Bonham Independent School District, which has a strong reputation for academic performance. The average cost for a K-12 student is approximately $10,000 per year in the district, with no tuition fees as they are publicly funded. Private school tuition averages around $4,000 to $7,000 annually depending on the institution.

For further details on daycare and educational costs, visit Bonham ISD and Daycare.com.

Taxes

Bonham residents pay property taxes at an average rate of 2.1%, which is about the same as the Texas state average but higher than in some other states. This means that a home valued at $200,000 will incur about $4,200 in property taxes per year. There is no state income tax in Texas, which is a significant financial benefit. Sales tax in Bonham is 8.25%, which includes both state and local rates.

For more on Texas tax rates, visit Texas Comptroller.

Insurance

Homeowners insurance premiums in Bonham are generally lower than those in larger cities in Texas. On average, homeowners in Bonham pay about $1,200 to $1,400 annually for basic homeowners coverage. For auto insurance, the average yearly premium for a full coverage policy is between $1,200 and $1,500, which is below the national average. The cost of health insurance, as previously mentioned, varies depending on the plan and provider, but averages around $300 to $450 per month for an individual.

To explore insurance rates in more detail, check out Insurance Information Institute and ValuePenguin – Auto Insurance in Texas.

Recreation and Entertainment

Bonham offers a variety of recreational activities that are either low-cost or free. The Bonham State Park, for example, has an entrance fee of $5 per vehicle for a day pass, and the Red River is a great spot for fishing, boating, and picnicking, all at little to no cost. For those interested in more organized activities, tickets to local events or performances usually range from $10 to $30. The town also hosts festivals, such as the Fannin County Fair, which has entry fees ranging from $5 to $20 for adults. Local movie theaters typically charge $8 to $12 per ticket.

For more on local entertainment, check out Visit Bonham.

Clothing

Clothing costs in Bonham are relatively affordable, as there are several local shops and chain retailers offering competitive prices. A pair of jeans from a mid-range store costs around $30 to $50, while a simple dress can range from $20 to $50 depending on the store and brand. Shopping at discount stores like Walmart or Ross Dress for Less can reduce these costs even further. For seasonal clothing, the cost is consistent with other small towns in Texas.

For more on shopping costs in Bonham, see Walmart and Ross Stores.

Personal Care

The cost of personal care items like haircuts, toiletries, and skincare products is lower than the national average in Bonham. A standard men’s haircut typically costs between $15 and $20, while a women’s haircut is around $30 to $45.

Is Bonham, Texas a safe place to live – Crime Rates?

Crime Rate

Bonham, Texas, generally has a low crime rate compared to larger cities in Texas and the U.S. as a whole. According to the most recent data from the NeighborhoodScout, Bonham has a crime rate of 27 crimes per 1,000 residents. This is lower than the national average of 25.7 crimes per 1,000 people, indicating that Bonham is slightly safer than many other U.S. towns. The property crime rate is higher than violent crimes, which is typical for many small rural towns. However, the overall crime rate remains lower than those of large urban areas in Texas, making Bonham a relatively safe place to live.

Violent Crime Rate

Violent crime in Bonham is considerably low compared to the state and national averages. The violent crime rate in Bonham is about 2.13 per 1,000 residents, according to the latest statistics from the NeighborhoodScout. This is well below the national average of 4.0 per 1,000 people. In fact, Bonham’s violent crime rate is lower than the state of Texas’ average of 4.5 per 1,000 residents, which places the town in a safer category for violent offenses. There are few reported incidents of aggravated assault, robbery, or homicide, which makes Bonham a relatively peaceful community to live in.

Property Crime Rate

Property crimes in Bonham are more common than violent crimes, but still lower than many larger towns. The property crime rate in Bonham is approximately 24.87 per 1,000 residents, based on data from NeighborhoodScout. This is slightly higher than the national average of 19.6 per 1,000 people. Property crimes typically include burglary, larceny-theft, and motor vehicle theft. While this rate is higher than the violent crime rate, it remains relatively low when compared to Texas’ more metropolitan areas. As with many small towns, property crime is not a major concern but is something residents should remain vigilant about.

Police Presence

Bonham is served by the Bonham Police Department, which works closely with the community to maintain a low crime rate. The department has a visible presence in the town and responds to a variety of incidents, from minor infractions to more serious crimes. As of the most recent data, Bonham’s police department consists of around 15 officers, including administrative staff. The small size of the police force is typical of a town the size of Bonham, but it is effective in keeping crime under control. The department also partners with other local agencies when necessary for larger incidents.

For more information on Bonham’s police presence, visit the Bonham Police Department website.

Neighborhood Watch Programs

Bonham has an active neighborhood watch program that plays a key role in crime prevention and community safety. The program encourages residents to be vigilant and report suspicious activity to the local authorities. While the program is not as widespread as in larger cities, it is still an important part of maintaining safety in Bonham’s neighborhoods. Many residents have shown support for neighborhood watch efforts, and community meetings are held periodically to discuss safety and crime-related issues. Neighborhood watch programs are part of the broader effort to ensure that Bonham remains a safe place to live and raise a family.

Safety Rankings

According to recent rankings from Niche, Bonham ranks highly for its overall safety, with an A- rating for public safety and crime. This places Bonham among the safer towns in the state of Texas. The community-oriented atmosphere, combined with low crime rates, contributes to its favorable safety rankings. While Bonham has seen some increase in property crime in recent years, the town remains safer than many similarly sized communities in Texas.

Trend Data

Over the past five years, crime rates in Bonham have remained relatively stable, with minor fluctuations in property crimes. According to the NeighborhoodScout, crime data from 2018 to 2023 shows little variation in the violent and property crime rates, suggesting that Bonham has remained a generally safe place to live. The town has not seen any major spikes in crime that would raise significant concerns for residents. This stability in crime trends is an indicator that Bonham is likely to continue being a safe community in the near future.

School Safety

Bonham Independent School District (ISD) places a strong emphasis on student safety. The district has implemented several safety protocols, including school resource officers in each school, routine safety drills, and a focus on mental health support for students. The district has received positive reviews for its efforts to maintain a safe and secure environment for both students and staff. According to GreatSchools, Bonham ISD schools are considered to be safe with relatively few incidents of school violence. The district also works closely with local law enforcement to ensure a rapid response in the case of an emergency.

What are the demographics of Bonham, Texas?

White

As of the most recent U.S. Census data from 2020, approximately 78.4% of Bonham’s population identifies as White. This demographic makes up the largest racial group in the city, consistent with the rural and historically European-American character of the area. The proportion of White residents in Bonham is slightly higher than the state average of 70.3% for Texas, which is more ethnically diverse.

For more detailed information on Bonham’s demographics, visit the U.S. Census Bureau – Data.

Black or African American

The Black or African American population in Bonham constitutes approximately 16.2% of the city’s total population, based on the 2020 Census data. This is significantly higher than the Texas state average, which is around 12.2%. Bonham’s Black community is an important part of the town’s cultural and social fabric, contributing to a diverse range of community events, businesses, and traditions.

For further details on the racial demographics in Bonham, refer to the U.S. Census Bureau – Data.

Hispanic or Latino

Hispanic or Latino residents make up about 24.1% of Bonham’s population, based on the most recent Census data from 2020. This percentage is reflective of the growing Hispanic population in rural Texas, contributing significantly to the local culture, workforce, and economy. The Hispanic population in Bonham is primarily of Mexican descent, which is common in many towns throughout Northeast Texas.

For more information on the Hispanic or Latino population in Bonham, see the U.S. Census Bureau – Data.

Two or More Races

Approximately 2.3% of the population of Bonham identifies as being of two or more races, according to the 2020 Census. This demographic represents individuals with mixed racial backgrounds and highlights the increasing diversity in small rural towns like Bonham. While still a small portion of the overall population, this group reflects broader national trends of increasing multiracial identification.

For additional details on the multiracial population in Bonham, visit the U.S. Census Bureau – Data.

Asian

Bonham’s Asian population is relatively small, making up approximately 1.1% of the total population based on the 2020 Census. This is lower than the state average of 5.6% for Texas, but there has been a slow increase in the Asian population in rural towns as Texas continues to diversify. The small Asian community in Bonham contributes to the local economy, particularly in areas such as education and business.

For more details on Bonham’s Asian population, visit the U.S. Census Bureau – Data.

Native American

Approximately 0.6% of Bonham’s population identifies as Native American, based on the 2020 Census. This demographic is relatively small, which is typical for most rural towns in Texas. The Native American population in Bonham is primarily composed of individuals from various tribes, reflecting broader historical and cultural ties in the region.

For further information on Bonham’s Native American population, check out the U.S. Census Bureau – Data.

Native Hawaiian or Pacific Islander

Bonham has a very small population of Native Hawaiian or Pacific Islander residents, accounting for less than 0.1% of the total population. This is consistent with the overall trend in Texas, where this group makes up a minimal portion of the population. The presence of this community is very limited in Bonham and is not a major demographic contributor.

For detailed breakdowns of Bonham’s demographic data, visit the U.S. Census Bureau – Data.

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Bonham, Texas Population by Age and Gender

The total population of Bonham, Texas is approximately 10,000 people, according to the most recent 2020 U.S. Census data. The town has experienced modest population growth in recent years, which is typical of small rural areas in Northeast Texas. Below is a breakdown of the demographic details for Bonham.

Total Population by Gender

Bonham’s population is fairly evenly split between males and females. As of the 2020 Census, approximately 48.5% of the population is male, and 51.5% is female. This is a typical gender distribution for small towns across the United States, where female populations tend to be slightly higher than male populations.

For more detailed data on Bonham’s gender demographics, visit the U.S. Census Bureau – Data.

Age Distribution

The age distribution in Bonham is diverse, with a mix of both younger and older residents. According to the 2020 Census data, the breakdown of the population by age group is as follows:

  • Under 18 years: 24.3% of the population
  • 18 to 24 years: 7.2% of the population
  • 25 to 44 years: 22.1% of the population
  • 45 to 64 years: 23.7% of the population
  • 65 years and over: 22.7% of the population

Bonham, like many rural towns, has a relatively high percentage of older adults, with a significant proportion of the population aged 45 and older. The proportion of younger residents (under 18 years) is also notable, reflecting the family-oriented nature of the town.

For detailed data on age demographics in Bonham, visit U.S. Census Bureau – Data.

Median Age

The median age in Bonham is approximately 42.5 years, based on the 2020 Census data. This is slightly older than the national median age of around 38 years. The relatively high median age suggests that Bonham has a more mature population, which may be reflective of the area’s rural nature and slower population growth compared to urban centers.

For more on Bonham’s median age, check out the U.S. Census Bureau – Data.

Sex Ratio

The sex ratio in Bonham is approximately 94.3 males for every 100 females, based on the 2020 U.S. Census data. This is typical for many rural towns, where females tend to outnumber males slightly, often due to higher life expectancy among women.

For more information on Bonham’s sex ratio, visit U.S. Census Bureau – Data.

Fertility Rates

Specific fertility rates for Bonham, Texas, are not readily available at the city level. However, for broader regional trends, the fertility rate in Texas as a whole is approximately 1.9 children per woman, slightly below the replacement level of 2.1. It is likely that Bonham’s fertility rate aligns somewhat with this state average, considering it is a rural area with a higher proportion of families and a relatively younger age group.

For state-level fertility statistics, visit Texas Department of State Health Services – Fertility Rates.

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Bonham, Texas Zip Codes

Bonham, Texas, primarily has the following ZIP codes:

  • 75418 (Main Bonham ZIP code)
  • 75423 (This may cover some surrounding areas)

This ZIP code covers the majority of the Bonham area.

What is the history of Bonham, Texas?

History of Bonham, Texas

Bonham, Texas, is a city steeped in rich history, founded during the early days of Texas’ settlement and expansion. It serves as the county seat of Fannin County, located in the northeastern part of the state, near the Red River. The history of Bonham is closely tied to the broader history of Texas, from its Native American roots to its role in the Republic of Texas, the Civil War, and modern development.

Pre-Settlement and Early Native American History

Before European settlers arrived, the area now known as Bonham was inhabited by several Native American tribes, most notably the Caddo, who were established in the region for centuries. The Caddo people lived in the area around the Red River, where they built settlements and developed a sophisticated culture. As the U.S. expanded westward, these tribes faced displacement due to settler encroachment, and by the early 1800s, the region was largely vacated by indigenous people, though some groups continued to live in the area for decades.

Establishment of Bonham

The establishment of Bonham traces its roots back to the early 1830s, a period when settlers began to move into the Red River area. The land was part of a Mexican land grant before becoming part of the Republic of Texas following its independence from Mexico in 1836. As the republic’s borders expanded and settlers moved into what would later become Fannin County, the need for an organized settlement became clear.

In 1837, Bonham was officially founded, named after James Bonham, a hero of the Texas Revolution who died at the Battle of the Alamo. James Bonham was celebrated for his courage and sacrifice, making the decision to name the settlement after him both a tribute and a symbol of Texas’ fight for independence.

The Role of Bonham in the Republic of Texas

In 1838, Bonham was designated the county seat of the newly formed Fannin County. The settlement grew quickly, largely due to its location near the Red River, which facilitated trade and transportation. Bonham played a significant role in the development of the region during the early years of the Republic of Texas. In 1841, Bonham became a hub for the region, with a courthouse, shops, and a growing population of settlers from the southern United States.

The Civil War and Bonham’s Military Significance

Bonham’s significance in Texas history was further solidified during the American Civil War. In 1861, Texas seceded from the Union and joined the Confederate States of America. Bonham, like much of Texas, became a critical location for military recruitment and supply. The town hosted a number of Confederate military activities, and its proximity to the Red River made it strategically important for transporting supplies and troops. Throughout the Civil War, Bonham was a bustling center of military activity, and many of its residents fought for the Confederacy.

Post-Civil War and Reconstruction

After the Civil War, Bonham, like much of the South, faced economic challenges during the Reconstruction period. The end of slavery and the reorganization of the economy created significant shifts. However, Bonham remained a key location in Fannin County, and by the late 19th century, it had recovered and was flourishing once again. The railroad came to Bonham in the late 1800s, further boosting its growth and establishing it as an important economic and transportation center in the region.

The 20th Century and Modern Development

The early 20th century saw continued growth for Bonham, with the development of schools, businesses, and new infrastructure. By the mid-1900s, Bonham had established itself as a key city in northeastern Texas, with a growing population and a strong sense of community. During this period, Bonham’s economy diversified, incorporating agriculture, manufacturing, and retail. The city remained a hub for regional trade, and the expansion of highways and railroads helped Bonham to thrive well into the 20th century.

Bonham’s historic downtown area still retains much of its old charm, with several preserved buildings dating back to the 1800s. Today, the city has embraced both its historical roots and modern development. With a population of just over 10,000 residents, Bonham continues to grow while preserving its rich history and deep connection to the early days of Texas.

Modern Bonham

Today, Bonham is known not only for its historical significance but also for its strong local community, cultural heritage, and access to outdoor recreation, particularly at nearby Lake Bonham. The city continues to honor its past with various museums and historical sites, making it a destination for those interested in learning about the state’s history, especially its role in the Texas Revolution, Civil War, and early 20th-century growth. Bonham remains a key city in Fannin County, serving as the county seat and a center of commerce and culture in the region.

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Bonham, Texas Weather

Weather Overview for Bonham, Texas

Bonham, Texas, experiences a humid subtropical climate, characterized by hot summers, mild winters, and moderate precipitation throughout the year. Due to its location in northeastern Texas, the city is subject to seasonal weather patterns typical of the region, including potential extreme weather events like thunderstorms and tornadoes.

Average Temperature (By Month)

The average temperature in Bonham, Texas, varies greatly throughout the year, with warm summers and cooler winters. Below are the typical average monthly temperatures based on the most recent data from the National Weather Service:

  • January: Average High: 50°F (10°C), Average Low: 30°F (-1°C)
  • February: Average High: 54°F (12°C), Average Low: 33°F (1°C)
  • March: Average High: 62°F (17°C), Average Low: 41°F (5°C)
  • April: Average High: 71°F (22°C), Average Low: 50°F (10°C)
  • May: Average High: 79°F (26°C), Average Low: 59°F (15°C)
  • June: Average High: 88°F (31°C), Average Low: 68°F (20°C)
  • July: Average High: 93°F (34°C), Average Low: 73°F (23°C)
  • August: Average High: 92°F (33°C), Average Low: 72°F (22°C)
  • September: Average High: 85°F (29°C), Average Low: 63°F (17°C)
  • October: Average High: 74°F (23°C), Average Low: 52°F (11°C)
  • November: Average High: 60°F (16°C), Average Low: 40°F (4°C)
  • December: Average High: 51°F (10°C), Average Low: 32°F (0°C)

These temperatures are relatively typical for the region, with the hottest months in July and August, and cooler months in the winter. Bonham’s climate is generally warmer than the Texas state average, which sees cooler winters and more moderate spring temperatures.

Precipitation (Rain) Patterns

Bonham, Texas, receives moderate precipitation throughout the year, with average annual rainfall around 43 inches (1,092 mm). The wettest months typically occur in the spring and early summer, particularly in April and May, when thunderstorms are common. The dry season is usually in the winter, with the least amount of rainfall observed in December and January.

  • January: 3.3 inches (84 mm)
  • February: 2.9 inches (74 mm)
  • March: 3.6 inches (91 mm)
  • April: 4.5 inches (114 mm)
  • May: 5.2 inches (132 mm)
  • June: 3.7 inches (94 mm)
  • July: 3.4 inches (86 mm)
  • August: 3.0 inches (76 mm)
  • September: 4.0 inches (102 mm)
  • October: 3.7 inches (94 mm)
  • November: 3.2 inches (81 mm)
  • December: 3.4 inches (86 mm)

Comparing this to the state of Texas, which averages about 32 inches (813 mm) of rainfall annually, Bonham is slightly wetter. The national average for rainfall is around 38 inches (965 mm), so Bonham’s precipitation aligns closely with national levels.

Extreme Weather Events

Bonham, Texas, is susceptible to extreme weather, particularly severe thunderstorms, tornadoes, and occasional winter storms. The area falls within “Tornado Alley,” and as such, tornadoes are a potential hazard, particularly in the spring and early summer months. In 2023, Bonham experienced several notable tornado warnings, though direct tornado strikes are less frequent than in other areas of the state.

Additionally, the region is vulnerable to severe thunderstorms that can bring damaging winds, hail, and flash flooding. While the overall occurrence of hurricanes affecting the area is rare, remnants of tropical storms occasionally pass through, contributing to heavy rainfall and wind.

In the winter, occasional ice storms can disrupt normal life, though snow accumulation is rare. When snow does fall, it typically melts quickly due to the region’s mild winter temperatures.

Humidity Levels

The humidity in Bonham, Texas, tends to be high due to its proximity to the Red River and the surrounding area’s subtropical climate. During the summer months, humidity can make the high temperatures feel even hotter. The average relative humidity is generally around 70% throughout the year, with the highest levels typically occurring in the morning. In the summer, humidity can push the heat index well above the actual air temperature, creating an uncomfortable, sweltering feel in the air.

Sunlight

Bonham receives a good amount of sunshine throughout the year, averaging about 220 sunny days annually. The summer months, especially June and July, typically see longer periods of sunshine, with an average of 9-10 hours of sunlight per day. In contrast, the winter months offer fewer hours of daylight, averaging about 5-6 hours of sunlight per day.

This amount of sunlight is typical for Texas, where much of the state enjoys abundant sunshine year-round. Compared to the U.S. average of around 205 sunny days per year, Bonham experiences slightly more sunshine.

Wind Patterns

Wind speeds in Bonham tend to be moderate throughout the year, with average wind speeds ranging from 7-10 mph (11-16 km/h). The windiest months are typically March and April, when spring storms can cause gusts of up to 30 mph (48 km/h) or higher during thunderstorms. The wind pattern is influenced by the regional weather systems, including low-pressure systems moving through the Great Plains and occasional cold fronts from the north.

The overall wind conditions in Bonham are comparable to those in the state of Texas, which experiences regular winds, especially in the central and northern parts of the state. Bonham’s winds are slightly more consistent compared to areas further south, where coastal winds may influence weather patterns.

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Average Income in Bonham, Texas

Average Annual Salary in Bonham, Texas

As of the most recent data available from the U.S. Census Bureau (2021), the median household income in Bonham, Texas is approximately $44,000 per year. This figure reflects the income for households within the city, combining earnings from all members of the household.

This figure is somewhat lower than the national median household income, which was approximately $70,784 in 2021, and also lower than the Texas state median, which stood at about $64,700 in the same year.

Average Hourly Wage in Bonham, Texas

According to data from the U.S. Bureau of Labor Statistics (BLS) for the 2021 year, the average hourly wage for workers in the Bonham area is around $15.50 per hour. This is slightly lower than the state average hourly wage for Texas, which was about $19.00 per hour in 2021.

The national average hourly wage across the U.S. in 2021 was roughly $22.00 per hour, showing that Bonham’s average hourly wage is lower than both the state and national averages.

Average Earnings Per Week in Bonham, Texas

Based on the average hourly wage data, workers in Bonham, Texas, typically earn about $620 per week before taxes. This figure is based on a standard 40-hour workweek at the average hourly rate of $15.50.

Average Earnings Per Month in Bonham, Texas

For those working full-time in Bonham, Texas, the average monthly earnings would be approximately $2,480, again calculated based on the average hourly wage and a standard 40-hour workweek. This monthly income is lower than the Texas state average of $3,360 per month and the national average of approximately $4,320 per month.

Median Salary Range in Bonham, Texas

The median salary in Bonham, Texas, as mentioned earlier, is approximately $44,000 per year. This is representative of the middle range of household incomes in the city. The range of income can vary significantly based on factors such as occupation, education, and experience level. In the surrounding areas, salaries may range from $30,000 to $65,000 or more, with the highest salaries typically seen in healthcare, management, and skilled trade professions.

Comparison to Texas State Income Averages

In Texas, the average household income is approximately $64,700 annually (as of 2021), which is notably higher than the median household income of Bonham. This reflects the fact that larger cities in Texas, such as Dallas and Austin, have a much higher cost of living and typically offer higher-paying jobs, especially in industries like technology, finance, and healthcare.

Comparison to National Income Averages

At the national level, the median household income across the United States was about $70,784 in 2021, as reported by the U.S. Census Bureau. This is significantly higher than the median income in Bonham, Texas. This difference can be attributed to the higher cost of living and higher wages in urban areas compared to smaller towns like Bonham.

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Taxes in Bonham, Texas

Property Taxes in Bonham, Texas

Property taxes in Bonham, Texas, are assessed by Fannin County, and the rate is set by the county and local municipalities. As of the most recent year (2023), the combined property tax rate for Bonham, including Fannin County, the Bonham Independent School District (ISD), and the city of Bonham, is approximately 2.3% of the appraised value of the property.

This is slightly above the average property tax rate for Texas, which is about 1.8% of the property’s value. However, Bonham’s rate is still relatively low compared to other parts of the state, especially larger metropolitan areas like Dallas or Austin, where property tax rates can exceed 2.5%.

The Fannin County Tax Assessor-Collector is responsible for collecting these taxes. Property taxes are due annually, with payment deadlines typically falling in early January, and penalties for late payment accrue after February 1st of each year.

Sales Taxes in Bonham, Texas

The sales tax rate in Bonham, Texas, is 8.25%. This rate is composed of the following components:

  • State Sales Tax: 6.25%
  • Fannin County Sales Tax: 0.5%
  • City of Bonham Sales Tax: 1.5%

The combined rate of 8.25% is the same as the average sales tax rate in Texas, which also stands at 8.25%. It is important to note that certain items, such as groceries and prescription drugs, may be exempt from some portions of the sales tax, per Texas state law.

Income Taxes in Bonham, Texas

Texas does not have a state income tax, which means residents of Bonham do not pay any state-level income taxes on wages, salaries, or other forms of income. This makes Texas an attractive state for many individuals and businesses, as it provides significant tax savings compared to other states that impose a state income tax.

While there are no state income taxes, residents are still responsible for federal income taxes, which are based on the individual’s taxable income and the applicable federal tax rates. The absence of a state income tax in Texas helps keep the overall tax burden lower compared to states like California, New York, or Illinois, where state income tax rates can be quite high.

Utility Taxes in Bonham, Texas

Bonham, Texas, imposes utility taxes on certain services provided by utility companies. These taxes include:

  • Electricity and Gas: There is no local utility tax on electricity or natural gas services in Bonham. These services are subject to state-level utility taxes.
  • Water and Sewer: The city of Bonham charges water and sewer rates to residents based on consumption. These charges are not technically taxes but are assessed by the city for the provision of water and wastewater services.

As for other utilities such as trash collection, residents pay fees based on the level of service, and these charges are not taxed separately by the city or county.

Hotel Occupancy Tax in Bonham, Texas

The city of Bonham imposes a 7% hotel occupancy tax (HOT) on the rental of rooms in hotels, motels, and other short-term lodging establishments within the city limits. This tax is typically charged to guests at the time of booking or check-in, and the proceeds are used to support local tourism and economic development efforts, including funding for cultural, historical, and recreational programs in the area.

Comparison to Texas State Average Taxes

Bonham’s property tax rate of 2.3% is above the Texas state average of approximately 1.8%, but still within the typical range for smaller municipalities. The sales tax rate in Bonham, at 8.25%, is identical to the state average and aligns with the general sales tax rate applied throughout Texas. The lack of a state income tax in Bonham, like the rest of Texas, significantly reduces the overall tax burden compared to other states with income taxes.

Comparison to National Average Taxes

Bonham’s sales tax rate of 8.25% is higher than the national average, which typically ranges from 6% to 7% depending on the state. However, the absence of a state income tax in Texas is a major difference when compared to other parts of the U.S., where income taxes can range from 2% to over 10% in certain states. This lack of state income tax means residents of Bonham may pay lower overall taxes than residents of states like California, New York, or Illinois, where both income and sales taxes tend to be higher.

Tax Payment Schedule and Penalties for Late Payment

Property taxes in Bonham are due by January 31st each year, and penalties for late payment are assessed beginning February 1st. The penalty for late payment starts at 7% and increases by 1% per month thereafter until the tax is paid. The city also charges interest on unpaid taxes, which accumulates over time. It’s recommended to pay taxes promptly to avoid these penalties.

For sales taxes, businesses in Bonham are required to submit their monthly or quarterly tax filings to the Texas Comptroller’s office, depending on their level of sales. Businesses that fail to remit sales taxes on time may incur penalties and interest on overdue amounts.

Where to Pay Taxes in Bonham, Texas

Residents of Bonham can pay property taxes at the Fannin County Tax Assessor-Collector’s office. Payments can be made in person, by mail, or online via the Fannin County Tax website.

Sales taxes are submitted to the Texas Comptroller’s office, and hotel occupancy taxes are paid directly to the City of Bonham’s Finance Department.

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Is Bonham, Texas a Good Place to Live for Singles?

Events and Activities in Bonham, Texas

Bonham, Texas, offers a range of activities for singles, with a mix of outdoor events, cultural activities, and local community gatherings. Bonham is known for its small-town charm and close-knit community, which provides a more relaxed atmosphere for singles looking to meet new people or enjoy social activities.

Some of the key events in Bonham include:

  • Bonham Trade Days: A popular flea market that happens on the first weekend of each month, offering shopping, food, and live entertainment.
  • Heritage Days Festival: A yearly event featuring music, food, and family-friendly activities that attract locals and visitors alike.
  • Red River Valley Veterans Memorial: The city hosts events honoring veterans, which may be of interest to those looking for community-oriented activities.

For more information on events happening in Bonham, you can check out the official city website, or explore local community pages for ongoing events and meetups.

Gyms in Bonham, Texas

If you’re a single individual looking to stay active in Bonham, you’ll find a variety of gyms and fitness centers to choose from. Some notable options include:

  • Bonham Fitness: A local gym offering equipment for strength training and cardio, as well as group fitness classes. It’s a great place to meet people who enjoy fitness.
  • Anytime Fitness Bonham: A 24/7 gym with a wide range of fitness equipment and amenities like personal training and group classes.

For more options, you can check a Yahoo search for gyms in Bonham.

Housing in Bonham, Texas

For singles in Bonham, Texas, the housing market offers affordable options. You’ll find a mix of rental properties, including single-family homes, apartments, and townhouses. The cost of living is lower than in larger cities, making Bonham an attractive place for those who want to live in a peaceful, small-town setting without breaking the bank.

The median rent for a one-bedroom apartment in Bonham is approximately $750 per month, which is relatively affordable compared to the Texas state average. For more information on rental listings, you can visit Zillow’s Bonham rental listings.

Percentage of Single Residents in Bonham, Texas

As of the most recent U.S. Census data, approximately 35% of Bonham’s population is unmarried. This statistic includes both those who have never been married as well as those who are divorced or separated. Given the small-town atmosphere, Bonham provides a unique environment for singles who are looking for a more laid-back lifestyle compared to larger urban areas.

For a more in-depth breakdown of the population’s marital status in Bonham, you can visit the U.S. Census QuickFacts for Bonham, Texas.

Comparison to Texas State and National Averages

In comparison to the rest of Texas, the percentage of singles in Bonham (35%) is slightly lower than the statewide average, where about 38% of the population is unmarried according to the latest census data. Nationally, the average percentage of single individuals is around 40%, reflecting a broader trend of delayed marriage and more people choosing to remain single longer in life.

Bonham’s lower percentage of singles could be attributed to the town’s family-oriented culture and rural setting. However, for those seeking a peaceful, slower-paced lifestyle, Bonham offers a welcoming atmosphere for singles looking to get involved in community events, enjoy outdoor activities, and experience small-town living.

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Is Bonham, Texas Good for Families?

Bonham, Texas, offers a welcoming environment for families. The town is known for its low crime rates, affordable housing, and strong community ties. With a small-town atmosphere and easy access to outdoor activities and family-friendly events, Bonham can be an attractive place for those looking to raise children. While employment opportunities are not as abundant as in larger cities, the low cost of living and quiet lifestyle make it an appealing option for many families. Additionally, the area’s mild weather ensures that outdoor activities can be enjoyed year-round.

Parks and Family Activities in Bonham, Texas

Bonham offers a variety of parks and outdoor activities that make it an excellent place for families who enjoy spending time outdoors. Some notable parks include:

  • Bonham City Park: This park features playgrounds, picnic areas, and sports fields, making it a great spot for families to relax or have a picnic. It’s also home to the city’s annual events like Heritage Days.
  • Lake Bonham: A beautiful spot for fishing, boating, and hiking. The lake is a family favorite for weekend trips and outdoor activities.
  • Sam Rayburn Library and Museum: A great cultural venue that offers educational experiences for children and families interested in history and literature.

For more details on local events and activities in Bonham, you can check out the official city website or local community pages.

Restaurants in Bonham, Texas

Bonham offers a variety of family-friendly dining options that cater to all tastes. Whether you’re looking for a casual meal or something more special, there are plenty of great spots to explore.

Housing in Bonham, Texas

Bonham offers affordable housing options for families, with a range of homes available for purchase at relatively low prices compared to larger metropolitan areas. The median home price in Bonham is about $190,000, which is below the Texas state average. Homes typically feature larger lots, making them ideal for families who value outdoor space. Many homes in Bonham are older, with charming historic properties scattered throughout the town.

For more information on homes for sale in Bonham, you can visit Zillow’s Bonham real estate listings.

Percentage of Family Residents in Bonham, Texas

According to the most recent U.S. Census data, approximately 58% of Bonham’s residents are married, which is slightly higher than the Texas state average of about 56%. The percentage of married couples is indicative of Bonham’s family-friendly environment, where many families settle down and raise children. The town’s lower cost of living, coupled with its rural charm, makes it a popular place for families looking for a quieter lifestyle.

For more detailed population and marital status statistics for Bonham, you can visit the U.S. Census QuickFacts for Bonham, Texas.

Comparison to Texas State and National Averages

Bonham’s percentage of married residents (58%) is slightly higher than the state average of 56%. This is consistent with the rural nature of Bonham, where family life is often prioritized. Nationally, the average percentage of married couples is around 50%, indicating that Bonham has a higher rate of marriage compared to larger cities across the United States. This suggests that Bonham is indeed a favorable location for families, especially those seeking a slower pace of life.

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How are the schools in Bonham, Texas?

Bonham, Texas, is served by the Bonham Independent School District (BISD), which oversees a variety of educational options ranging from Pre-K to high school. The district’s funding primarily comes from local property taxes, state allocations, and federal grants. In terms of performance, the schools in Bonham have mixed reviews, with some receiving high marks for academic achievement while others face challenges related to resources and test scores. The district focuses on providing a well-rounded education with a variety of extracurricular activities, but like many rural areas, it faces challenges such as limited funding and fewer advanced placement options compared to urban districts. However, the schools offer a safe and supportive environment, which many families appreciate.

Pre-K Schools in Bonham, Texas

Bonham offers pre-kindergarten programs through the Bonham Independent School District, focusing on early childhood education. These programs are typically available for children aged 3 to 4 years old, with an emphasis on developing social, cognitive, and emotional skills. Funding for pre-K programs is supported by state and federal grants, though availability may be limited depending on local resources.

To learn more about Pre-K options in Bonham, visit the Bonham ISD website for enrollment information.

Kindergarten Schools in Bonham, Texas

Kindergarten in Bonham is offered at several elementary schools within the Bonham Independent School District. Children attend kindergarten at age 5, and the curriculum includes a mix of literacy, mathematics, science, and social studies, focusing on laying the foundation for future academic success. The schools also emphasize socialization and behavior skills, ensuring children are ready for first grade.

For details on kindergarten enrollment and curriculum, you can visit the Bonham ISD website.

Elementary Schools in Bonham, Texas

Bonham has several elementary schools serving grades K-5. The schools within the district include:

  • Finley-Oates Elementary School: Serving grades K-5, this school is the primary elementary school in Bonham and is known for its strong emphasis on basic literacy and numeracy skills. The school focuses on ensuring all students have access to a quality education.
  • Bonham Elementary School: This school also serves grades K-5 and offers a variety of enrichment programs, including art, music, and physical education.

To explore more about these schools, their programs, and enrollment, visit Bonham ISD.

Middle Schools in Bonham, Texas

Bonham’s middle school students attend Bonham Middle School, which serves grades 6-8. The school offers a more advanced curriculum compared to elementary school, including courses in mathematics, science, language arts, and social studies. Students are also introduced to electives such as music, physical education, and technology.

Bonham Middle School strives to prepare students for high school by offering extracurricular activities like sports, student clubs, and leadership programs. The school focuses on developing both academic skills and social-emotional learning to support the growth of its students.

For more information on middle school programs and enrollment, check the Bonham ISD website.

High Schools in Bonham, Texas

High school students in Bonham attend Bonham High School, which serves grades 9-12. The high school offers a range of academic courses, including advanced placement (AP) courses in subjects like calculus, biology, and U.S. history, though the number of AP classes may be fewer than those offered in larger districts. Bonham High School also provides vocational training, including courses in agriculture, technology, and business.

Extracurricular activities are robust at Bonham High School, with offerings in sports, music, debate, and clubs. Students can participate in football, basketball, baseball, track, and more. The school also has a strong tradition of involvement in FFA (Future Farmers of America), which is a popular program for students interested in agricultural education.

To learn more about Bonham High School’s programs, you can visit Bonham ISD’s high school section.

Colleges and Universities near Bonham, Texas

While Bonham itself does not have a four-year university, it is within driving distance of several higher education institutions. Some of the nearby options include:

  • Grayson College: Located in Denison, about 30 miles north of Bonham, Grayson College offers associate degrees and certificate programs in a variety of fields, including healthcare, business, and liberal arts. Grayson College provides an accessible option for students in Bonham looking to pursue higher education.
  • Southeastern Oklahoma State University: About 45 miles away in Durant, Oklahoma, this public university offers a wide range of undergraduate and graduate programs.

For more details on nearby college options, you can visit the Grayson College website or the Southeastern Oklahoma State University website.

Churches in Bonham, Texas

  • First Baptist Church BonhamWebsite
  • Wesley United Methodist ChurchWebsite
  • Central Baptist Church Bonham – No website found
  • Bonham Church of ChristWebsite
  • Faith Lutheran Church – No website found
  • St. Elizabeth Catholic ChurchWebsite

Conclusion: Why you should consider moving to Bonham, Texas

Bonham, Texas, offers a unique blend of small-town charm and modern amenities, making it an ideal place for individuals and families looking to settle in a welcoming community. With its affordable housing, low cost of living, and a strong sense of local pride, Bonham provides a peaceful lifestyle while still being close enough to larger cities for day trips and additional opportunities. The area’s excellent schools, local events, and access to outdoor recreation ensure there’s always something for everyone to enjoy. Whether you’re looking to raise a family, retire, or simply find a slower pace of life, Bonham’s friendly atmosphere, safe streets, and strong community spirit make it a great place to call home. With opportunities for growth, a great school district, and an unbeatable Texas atmosphere, it’s easy to see why so many are choosing Bonham as their home base for a fresh start. Embrace the warmth of small-town living and discover all that Bonham has to offer—you won’t regret it!