Pros and Cons of Living In Panaca, Nevada. Is Panaca, NV a Nice Place To Live or Retire?

FIND OUT MORE DETAILS

Panaca, Nevada

Moving to Panaca In Nevada ? Is Panaca, NV a Nice Place To Live? Pros and Cons of Living in Panaca, Nevada. Find out the best and worst about to live, raise a family or retire in Panaca.

Panaca is an unincorporated town in eastern Lincoln County, Nevada, United States, on State Route 319, about 1 mile (1.6 kilometers) east of U.S. Route 93, near the border with Utah. Its elevation is 4,729 feet (1,441 meters) above sea level. As of the 2010 census, it had a population of 963. It is one of only two cities in Nevada that prohibits gambling, the other being Boulder City.

DEMOGRAPHICS

Population
1157
Unemployment
11.8%
151% NAT AVG.
Poverty
5.3%
62% NAT AVG.

ECONOMICS

Median Home Cost
$130200
43% NAT AVG.
Median Income
$66688
1% NAT AVG.
Median Rent
$0
100% NAT AVG.
Overall Score
3

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 19
Unemployed People
1 in 8
People Earning < $10,000
1 in INF
People Earning < $50,000
37.5%
People With Any Degree
1 in 4.3

ETHNICITY

Ethnicity Panaca USA
White 93.9% 60.1%
African American 0% 12.2%
American Indian 0% 0.6%
Asian 0% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.1% 2.8%
Hispanic 4.1% 18.2%
Other 0% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Panaca USA
Less than $10,000 0% 5.8%
$10,000 to $14,999 3.5% 4.1%
$15,000 to $24,999 0% 8.5%
$25,000 to $34,999 20.4% 8.6%
$35,000 to $49,999 13.6% 12.0%
$50,000 to $74,999 23.1% 17.2%
$75,000 to $99,999 11.6% 12.8%
$100,000 to $149,999 19.8% 15.6%
$150,000 to $199,999 8% 7.1%

EDUCATION

Education Panaca USA
< 9th Grade 3% 5.0%
9-12th Grade 7% 7.0%
High School or GED 37% 27.0%
Other College 30% 20.0%
Associate's Degree 3% 9%
Bachelor's Degree 11% 20.0%
Master's Degree 9% 9.0%
Professional Degree 0% 2.0%
Doctorate Degree 0% 1.0%
Panaca is a city in Nevada state in USA with a population of 1157 residents.. The poverty rate of Panaca is 5.3%, which is 62% lower than national average. The typical household in Panaca earns $66688 a year, compared to the national median of $67,500. Nearly 37.5% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Panaca remained 11.8%, which is 151% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census.

Cost of living in Panaca is 0, which is 100% lower than national average. In Panaca, only 20% of adults have a bachelor's degree and 33% have some college but no degree. Median home value in Panaca is $130200 , which is 43% lower than national average. While median income in Panaca remained $66688, which is 1% lower than national average.
Panaca Scorecard

Jobs60%

Housing10%

Affordability10%

Safety30%

Amenities30%

Diversity40%

Education70%

THANKS FOR READING

Read this story and other stories in details on our Website.
FIND OUT MORE DETAILS