Panaca, Nevada
Moving to or Living in Panaca Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Panaca, Nevada
Moving to Panaca In Nevada ? Find out the best and worst about to live, raise a family or retire in Panaca, the Pros and Cons of Living in Panaca.
Explore the life in Panaca based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Panaca, Nevada
Is Panaca, Nevada a good place to live?
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.
A high school education is a basic prerequisite for most jobs, and in Panaca, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Panaca, only 20% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Panaca is 0, which is 100% lower than national average. 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.
A high school education is a basic prerequisite for most jobs, and in Panaca, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. 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. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Panaca, only 20% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Panaca is 0, which is 100% lower than national average. 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.
Population
1157
Unemployment
11.8%
Poverty
5.3%
Overall Score
3
Median Home
$130200
43%
NAT AVG.
Median Income
$66688
1%
NAT AVG.
Median Rent
$0
100%
NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 8
People Earning < $10,000
1 in INF
People Earning < $50,000
37.5%
People with <= High School
1 in 2.1
People With Any Degree
1 in 4.3
Pros & Cons Overview
Jobs60%
Housing10%
Affordability10%
Safety30%
Amenities30%
Diversity40%
Education70%
Commute60%
Gender
| Gender | Panaca | Nevada | Country |
|---|---|---|---|
| Female | 55.2% | 49.8% | 50.8% |
| Male | 44.8% | 50.2% | 49.2% |
Gender
Household Income
| Income | Panaca | Nevada | Country |
|---|---|---|---|
| Less than $10,000 | 0% | 5.9% | 5.8% |
| $10,000 to $14,999 | 3.5% | 3.5% | 4.1% |
| $15,000 to $24,999 | 0% | 8.5% | 8.5% |
| $25,000 to $34,999 | 20.4% | 9.1% | 8.6% |
| $35,000 to $49,999 | 13.6% | 13.3% | 12.0% |
| $50,000 to $74,999 | 23.1% | 18.5% | 17.2% |
| $75,000 to $99,999 | 11.6% | 13.7% | 12.8% |
| $100,000 to $149,999 | 19.8% | 15.4% | 15.6% |
| $150,000 to $199,999 | 8% | 6.2% | 7.1% |
| $200,000 or more | 0% | 5.9% | 8.3% |
Education
| Education | Panaca | Nevada | Country |
|---|---|---|---|
| < 9th Grade | 3% | 5% | 5.0% |
| 9-12th Grade | 7% | 8% | 7.0% |
| High School or GED | 37% | 28% | 27.0% |
| Other College | 30% | 25% | 20.0% |
| Associate's Degree | 3% | 8% | 9% |
| Bachelor's Degree | 11% | 17% | 20.0% |
| Master's Degree | 9% | 6% | 9.0% |
| Professional Degree | 0% | 2% | 2.0% |
| Doctorate Degree | 0% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
| Ethnicity | Panaca | Nevada | Country |
|---|---|---|---|
| White | 93.9% | 48.2% | 60.1% |
| African American | 0% | 9% | 12.2% |
| American Indian | 0% | 0.9% | 0.6% |
| Asian | 0% | 8.1% | 5.6% |
| Hawaiian | 0% | 0.6% | 0.2% |
| Other | 0% | 0.4% | 0.3% |
| Multiracial | 2.1% | 3.9% | 2.8% |
| Hispanic | 4.1% | 28.9% | 18.2% |