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Panaca, Nevada

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,015
Population
$64,083
Median Income
$263,300
Home Value
32.7
Median Age

Demographics

Panaca has a population of 1,015 with a median age of 32.7. Here is the racial and ethnic breakdown of the population:

White
85.3%
Other
14.7%
Demographic Value
Total Population1,015
Median Age32.7
White85.3%
Other / Two or More Races14.7%
Panaca, Nevada — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 85.3%Other: 14.7%1,015PopulationWhiteWhite85.3%OtherOther14.7%

Income & Economy

The median household income in Panaca is $64,083, which is 20.5% below the national median of $80,610. The per capita income is $39,860. The poverty rate is 1.4%.

$64,083
Median Household Income
$39,860
Per Capita Income
1.4%
Poverty Rate

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Education

In Panaca, 100.0% of residents age 25+ have a high school diploma or higher, and 36.3% hold a bachelor's degree or higher (11.1% with a graduate or professional degree).

HS Diploma+
100.0%
Bachelor's+
36.3%
Graduate+
11.1%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher36.3%
Graduate or Professional Degree11.1%

Housing

The median home value in Panaca is $263,300, below the national median of $303,400. The median monthly rent is $920. The homeownership rate is 63.4%.

$263,300
Median Home Value
$920/mo
Median Rent
63.4%
Homeownership Rate
Housing Metric Value
Median Home Value$263,300
Median Monthly Rent$920
Homeownership Rate63.4%
Vacancy Rate12.3%

Salaries in Nevada

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Frequently Asked Questions

What is the population of Panaca, Nevada?
The population of Panaca, Nevada is 1,015 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Panaca, Nevada?
The median household income in Panaca, Nevada is $64,083. This is 20.5% below the national median of $80,610.
What is the median home value in Panaca, Nevada?
The median home value in Panaca, Nevada is $263,300. The median monthly rent is $920.
What percentage of people in Panaca have a college degree?
In Panaca, Nevada, 36.3% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Panaca, Nevada an affordable place to live?
The home price-to-income ratio in Panaca, Nevada is 4.1x (median home value $263,300 vs. median income $64,083), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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