Panaca, NV
Population 1,272 · Nevada
About Panaca, NV
Panaca is a small community in Nevada with a population of 1,272 residents. The median household income is $61,935 per year, which is near the national average. The median age in Panaca is 31.2 years.
Housing in Panaca has a median home value of $277,800 and median monthly rent of $902. Of the 444 total housing units, the majority are owner-occupied, with 258 owner-occupied and 134 renter-occupied units.
The unemployment rate in Panaca is 0.0% and the poverty rate is 5.7%. 31.3% of residents hold a bachelor's degree or higher. The average commute time is 21.9 minutes.
How Panaca Ranks in Nevada
Cost of Living in Panaca, NV
Compared to national averages, Panaca has a median household income of $61,935 (18% below the national median of $75,149). Home values average $277,800, which is 13% above the national median. Monthly rent at $902 is 22% below the US average of $1,163. Within Nevada, Panaca's income is 24% below the state average of $81,841, and home values are 36% below the state median of $433,389.
Why Live in Panaca, NV?
Panaca offers rent that’s lower than the national average at $902/month, and a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 5.7%, better than the national average. Additionally, the city features short commute times averaging just 21.9 minutes.
Potential considerations include median household income ($61,935) that falls below the national average. However, Panaca’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Panaca has a population of 1,272 with a median age of 31.2 years. Compare Panaca with other cities to see how it stacks up, or explore all cities in Nevada.
Similar Cities Near Panaca
Cities in Nevada with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fallon Station | 1,250 | $0 | $0 | Compare |
| Genoa | 1,231 | $125,952 | $1,040,700 | Compare |
| Grass Valley | 1,216 | $95,852 | $116,400 | Compare |
| Pioche | 1,213 | $76,194 | $196,800 | Compare |
| East Valley | 1,341 | $111,932 | $884,400 | Compare |
| Golden Valley | 1,184 | $102,757 | $514,700 | Compare |
| Wells | 1,184 | $75,962 | $213,500 | Compare |
| Amargosa Valley | 1,408 | $55,573 | $0 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Nevada
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Panaca
What is the population of Panaca, NV?
The population of Panaca, NV is 1,272 according to the latest Census data.
What is the median household income in Panaca?
The median household income in Panaca, NV is $61,935 per year.
What is the median home value in Panaca?
The median home value in Panaca, NV is $277,800.
What is the average rent in Panaca?
The median monthly rent in Panaca, NV is $902.
What is the unemployment rate in Panaca?
The unemployment rate in Panaca, NV is 0.0%.