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CITY

Panaca

Nevada · 1,015 residents · 3.08 sq mi
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The short version

Panaca has lower-than-average household income, with a median household income of $64,083. Population has fallen 20% since 2023, a loss of 257 residents. Median home value is $263,300. At a median age of 32.7, residents skew younger than the country as a whole. Poverty is rare here, at 1.4% of residents.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 32.7
US median: 38.9
Average education
36% hold a bachelor's degree
US average: 36%
More affordable
home values down 8%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

1,015
−20%since 2023
from 1,272 in 2023
2010 – 2024
330 / sq mi
−20%since 2023
from 413 / sq mi in 2023
US average: 281
32.7
+5%since 2023
from 31.2 in 2023
US average: 38.9
Population, 20102024
8079961K1K2K201020202024Panaca
20241K
201020202024
Section 02

Income & economy

$64,083
+1%inflation adjusted, since 2023
from $61,935 in 2023
US average: $82,259
2010 – 2024
$39,860
+28%since 2023
from $31,106 in 2023
US average: $44,673
Households earning $100K+
36.4%
−9.0 ptssince 2023
from 45.4% in 2023
US average: 53.3%
1.4%
−4.3 ptssince 2023
from 5.7% in 2023
US average: 12.5%
0.406
−5%since 2023
from 0.425 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance16.5%
US avg: 5.9%
Professional, scientific, technical16.5%
US avg: 5.1%
Agriculture, forestry, fishing13%
US avg: 1.6%
Manufacturing13%
US avg: 0.4%
Wholesale trade12.5%
US avg: 6.9%
Information3.5%
US avg: 10.8%
Construction0%
US avg: 1.2%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$263,300
−8%inflation adjusted, since 2023
from $277,800 in 2023
US average: $376,019
2010 – 2024
$920
−1%inflation adjusted, since 2023
from $902 in 2023
US average: $1,442
63.4%
−2.4 ptssince 2023
from 65.8% in 2023
36.6% rent
12.3%
+0.5 ptssince 2023
from 11.7% in 2023
US average: 10.0%
0.0%
−5.0 ptssince 2023
from 5.0% in 2023
US average: 22.9%
28.5%
+3.1 ptssince 2023
from 25.4% in 2023
US average: 47.4%
4.1
−8%since 2023
from 4.5 in 2023
2010 – 2024
RELATED:See current rent listings in Panaca on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic88.4%(1,125)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other11.6%(147)
Diversity Score25.6%(325)
2024
White, non-Hispanic85.3%(866)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other14.7%(149)
Diversity Score31.3%(318)
31
+23%since 2023
from 26 in 2023
2010 – 2024
Section 05

Education

36.3%
+4.9 ptssince 2023
from 31.3% in 2023
US average: 35.6%
High school or higher
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 89.6%
11.1%
−2.0 ptssince 2023
from 13.1% in 2023
US average: 14.0%
Section 06

Commute & transportation

7.2 min
−67%since 2023
from 21.9 min in 2023
US average: 26.5
55.9%
−14.5 ptssince 2023
from 70.3% in 2023
US average: 68.9%
38.0%
+11.6 ptssince 2023
from 26.4% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
6.1%
+2.9 ptssince 2023
from 3.2% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
48.9%
−0.5 ptssince 2023
from 49.4% in 2023
US average: 63.5%
38.3%
+6.9 ptssince 2023
from 31.4% in 2023
US average: 13.1%
51.1%
−6.5 ptssince 2023
from 57.6% in 2023
US average: 42.5%
Section 08

People & community

43.4%
+4.3 ptssince 2023
from 39.2% in 2023
56.6%
−4.3 ptssince 2023
from 60.8% in 2023
3.2%
+3.2 ptssince 2023
from 0.0% in 2023
US average: 14.1%
0.0%
−1.6 ptssince 2023
from 1.6% in 2023
US average: 6.2%
15.2%
+4.8 ptssince 2023
from 10.4% in 2023
US average: 13.3%
2.5%
−3.0 ptssince 2023
from 5.5% in 2023
US average: 8.4%
92.7%
+1.1 ptssince 2023
from 91.6% in 2023
US average: 91.0%
82.2%
−9.1 ptssince 2023
from 91.3% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Panaca, Nevada?

Panaca, Nevada has about 1,015 residents according to the 2024 American Community Survey.

What is the median household income in Panaca, Nevada?

The typical household in Panaca, Nevada earns about $64,083 a year. Half of households make more than that, and half make less.

Is Panaca, Nevada expensive?

In Panaca, Nevada, the median home is worth about $263,300, and the typical rent is about $920 a month.

How educated are people in Panaca, Nevada?

About 36.3% of adults age 25 and over in Panaca, Nevada hold a bachelor's degree or higher.

What is the poverty rate in Panaca, Nevada?

About 1.4% of people in Panaca, Nevada live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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