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Bonham, Texas

city · Fannin County

At a glance

10,697
Population
$201,800
Median home value (all homes)
33% below U.S. median
$228,751
Typical market value
Zillow, 2026-07
$1,073/mo
Median rent
20% below U.S. median
$57,681
Median household income
27% below U.S. median
21.9 min
Average commute
81.6%
Homes with broadband
74.14%
Locations with fiber available
9.4%
Unemployment

Cost of living (Clay Affordability Index)

CAI 89 — 11% below the national average. how it's computed

Housing16% below
Goods & services5% below
Utilities9% above
Taxes57% below
Insurance25% above
Commute cost28% below
For business: Texas is CBII band 3/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college25 mi
Nearest community college28 mi
Nearest technical college26 mi
High school graduates82.7%
College graduates15.2%

Doing business here

Economic development contacts, most local first:

city Bonham Economic Development Corp
Bonham Economic Development Corporation (BEDCO) is a Type B EDC funded by a half-cent, voter-approved sales tax to grow Bonham’s economy, investing in infrastructure, upgrades at Jones Field Airport, public parks, and strategic commercial and industrial development, and supporting downtown revitalization.
state Office of the Governor (Texas)
Texas Economic Development Corporation (TxEDC) markets Texas as the premier destination for business and provides information to help businesses explore opportunities in Texas. It supports the Governor’s Office of Economic Development and Tourism in promoting Texas as a premier destination for business.
state Texas Economic Development
The Texas Economic Development & Tourism Office offers resources for Texas businesses, communities and residents, as well as those looking to do business in Texas. Our office publishes in-depth reports on the economy of Texas and the state’s targeted growth industries. We also offer a number of events throughout the year, covering a wide range of business-related topics—everything from getting started in the state to growing your business internationally.
State sales taxYes
State income taxNone
Right-to-work stateYes

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