
The overall cost of living in this area is much lower than average. This includes everyday goods and services, as well as housing, utilities and health care.
With a lower than average crime rate per 100,000 people, this area could be considered a very safe place to live. Crime rates are based on both violent and property crimes.
This area has received high scores in the housing category. This could be due to a positive home affordability ratio, high appreciation rates or elevated home values.
Local residents have positive things to say about the proximity of restaurants, grocery stores, parks, public transit, friendliness of neighbors, sense of community and overall safety of the area.
A majority of amenities are not ideally situated within a reasonable walking distance, which may lead residents to rely on a vehicle or public transportation.
Public transportation is not readily available in this area and the average commute time to work could also be longer than the national average.
Lower than average education levels, poor reading and math scores, as well as the inaccessibility of local elementary and high schools could all be factors in the low schools score.
Located in the state of Texas, Bonham is a mid-sized city with a population of 10,558 residents. The majority of Bonham residents report their race to be White; this is followed by Black and Asian. Single men and women might be happy to hear that in Bonham, only 48% of the population is married. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Bonham is the right fit for you, your one way commute time will average 28 minutes, which is about average when compared to the national commute time of 26 minutes.
Without the right tools, moving to any new city can be very stressful and challenging. Living in Bonham, Texas could be a positive experience for anyone who puts in the time to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. The best areas in Bonham and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, health & safety, education, you will see a detailed breakdown of the most important information as well as comparisons to the Texas and national averages.
Using data and statistics Bonham has received a livability score of 57 out of 100. This score is ranked in the 26th percentile when compared to all other cities. This is not a favorable rating; as this score ranks among some of the lowest in America. Living in Bonham may not be a pleasant experience. If we dig a little deeper into each category within the livability score, we see that Bonham has higher than average rankings for the following: cost of living (A+) and housing (A+). There is at least one category that did not score well in Bonham. The following was graded with a disappointing score: amenities (F), crime (F), education (D-) and employment (D).
Ensuring a sense of security is paramount for the majority of residents in any area. Low crime rates exert a positive influence on various aspects, including home prices, rates of home appreciation and the cultivation of positive community dynamics and social cohesion. In the case of Bonham, it boasts a notably low violent crime rate of 100 crimes per 100,000 residents, which significantly outperforms the national average.
A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Bonham excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.
Assuming that Bonham meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Bonham. Everything else becomes a lot less important if it turns out that home prices in Bonham are simply unattainable. Median real estate prices in Bonham come in at $161,304, which is 37.2% lower than the Texas average. The home price to income ratio compares the median home prices to the median household income. In Bonham, the home price to income ratio is 2.4, which is 25% lower than the Texas average.

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| Statistic | Bonham | Texas | National |
| Average one way commute | 28min | 26min | 26min |
| Workers who drive to work | 73.4% | 80.3% | 76.4% |
| Workers who carpool | 13.7% | 10.6% | 9.3% |
| Workers who take public transit | 0.1% | 1.5% | 5.1% |
| Workers who bicycle | 0.1% | 0.3% | 0.6% |
| Workers who walk | 3.7% | 1.6% | 2.8% |
| Working from home | 7.7% | 4.3% | 4.6% |