Panguitch, UT
Population 1,871 · Utah
About Panguitch, UT
Panguitch is a small town located in Utah with a population of 1,871 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,283 per year, which is 0% above the national median of $75,149. The median age of 32.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Panguitch features a median home value of $249,300, which is 2% above the national median of $244,900. This positions Panguitch in a moderately priced market relative to the rest of the country. Median monthly rent is $799, 31% below the national average of $1,163/month. Of the 726 total housing units, 81% are owner-occupied (492 units) and 19% are renter-occupied (112 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Panguitch shows an unemployment rate of 9.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Panguitch have an average one-way commute time of 11.5 minutes, one of the shorter commutes in the region.
Education & Demographics
24.5% of Panguitch residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.2% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 1.0% of the population being foreign-born.
How Panguitch Ranks in Utah
Cost of Living in Panguitch, UT
Compared to national averages, Panguitch has a median household income of $75,283 (0% above the national median of $75,149). Home values average $249,300, which is 2% above the national median. Monthly rent at $799 is 31% below the US average of $1,163. Within Utah, Panguitch's income is 15% below the state average of $88,715, and home values are 42% below the state median of $426,386.
Why Live in Panguitch, UT?
Panguitch offers a strong local economy with a median household income of $75,283, well above the national average, and rent that’s lower than the national average at $799/month, and a low poverty rate of 6.1%, better than the national average. Additionally, the city features short commute times averaging just 11.5 minutes.
Panguitch has a population of 1,871 with a median age of 32.6 years. Compare Panguitch with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Panguitch
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Benson | 1,864 | $82,019 | $281,400 | Compare |
| Marriott-Slaterville | 1,885 | $89,602 | $495,700 | Compare |
| Coalville | 1,915 | $85,921 | $455,000 | Compare |
| Millville | 1,820 | $90,417 | $407,000 | Compare |
| Oakley | 1,812 | $102,143 | $631,200 | Compare |
| Monticello | 1,941 | $63,750 | $307,900 | Compare |
| Francis | 1,797 | $113,500 | $700,900 | Compare |
| Genola | 1,766 | $137,661 | $601,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Panguitch With Other Cities
Frequently Asked Questions about Panguitch
What is the population of Panguitch, UT?
The population of Panguitch, UT is 1,871 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Utah.
What is the median household income in Panguitch?
The median household income in Panguitch, UT is $75,283 per year, which is 0% above the national median of $75,149.
What is the median home value in Panguitch?
The median home value in Panguitch, UT is $249,300, which is 2% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Panguitch?
The median monthly rent in Panguitch, UT is $799, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Panguitch?
The unemployment rate in Panguitch, UT is 9.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Panguitch, UT a good place to live?
Panguitch offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 1,871 and a median age of 32.6, the city appeals to young professionals and families.
How educated is Panguitch, UT?
24.5% of residents in Panguitch aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Panguitch?
Key cost-of-living indicators for Panguitch, UT: median home value is $249,300 (2% above national), median rent is $799/month, and median household income is $75,283. The home-value-to-income ratio is 3.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Panguitch?
The poverty rate in Panguitch, UT is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Panguitch, UT?
Panguitch's population is 3.2% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 0.2% two or more races. 1.0% of residents are foreign-born.