Bonanza, CO

View of Bonanza, CO
Image credit: Jeffrey Beall / CC BY 4.0
Population
20
U.S. Census American Community Survey 5-Year · 2024
Elevation
9,476 ft

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Bonanza in context.

About Bonanza

Bonanza is a statutory town located in Saguache County, Colorado, United States. The 2020 census counted 17 residents. Formerly known as Bonanza City, Bonanza is a largely abandoned former silver mining town. Bonanza is a Spanish language word meaning prosperity. Taken together, these details give a newcomer a usable picture of Bonanza, where its history, geography, and current gathering places meet. For Bonanza, the memorable detail is the way older history and current gathering places share one local map. In 1880, Tom Cooke of Salida stumbled upon ore deposits while searching for horses. Prospectors flocked to this location and Bonanza City was founded.

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