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Panaca, Nevada Demographics & Population 2026

During the 2020–2024 ACS period, Panaca, Nevada had a total population of 1,015, the 66th largest community in Nevada, with a median household income of $64,083, which is 18% lower than the state average. The poverty rate is 1.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Panaca Quick Facts

Population 1,015
Median Household Income $64,083
Median Home Value $263,300
Poverty Rate 1.4%
Unemployment Rate 0.0%
Median Age 32.7 years
Homeownership Rate 63.4%
Affordability Ratio 4.1x
Bachelor's Degree or Higher 36.3%
High School Graduation Rate 100.0%
Diversity Index 26/100
Population 1,015 66th of 123
Median Income $64,083 below average
Poverty Rate 1.4% 89% lower than national
Median Home Value $263,300 below average

How Panaca Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,2721,015-20.2%
Median household income$61,935$64,083+3.5%
Median home value$277,800$263,300-5.2%

How Panaca Compares

Economy & Housing

Household Income Distribution

Under $25K 13.5%
$25K-$50K 13.5%
$50K-$100K 44.6%
$100K+ 28.4%
Detailed income brackets
Under $10K
3.1%
$10K-$15K
0.0%
$15K-$20K
7.3%
$20K-$25K
3.1%
$25K-$30K
6.9%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
6.7%
$50K-$60K
10.2%
$60K-$75K
26.4%
$75K-$100K
8.0%
$100K-$125K
18.9%
$125K-$150K
0.7%
$150K-$200K
0.0%
$200K+
8.9%

Employment

0.0% Unemployment Rate State: 7.0%|National: 5.2%
48.9% Labor Force Participation

Housing Overview

Owner 63.4%
Renter 36.6%
Affordability Index Moderate
4.1x home value to income ratio
Median gross rent $920/mo 17.2% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 69 | National average: 61

Education

Panaca Rankings in Nevada

#66 Population of 123
#70 Median Income of 102
#26 Education of 123
#66 Home Value of 98

Other Cities in Lincoln County

CityPopulationMedian IncomePovertyHome Value
Caliente 1,146 N/A 4.6% $189,800
Pioche 1,031 $88,493 14.1% $203,800
Alamo 736 $70,136 0.0% $197,100
Rachel 113 $43,667 25.7% N/A
Bennett Springs 101 N/A 0.0% $327,300
Hiko 23 N/A 0.0% N/A

Cities Similar to Panaca

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
McGill1,050$56,779$134,70013.2%5.0%
Verdi1,012$80,670$661,00029.9%3.0%
Caliente1,146N/A$189,80021.9%4.6%
Moapa Town958$80,625$335,00010.3%16.6%
Pioche1,031$88,493$203,80015.4%14.1%

Population Overview

Panaca is a small community located in Nevada, within Lincoln County. The total population is 1,015. It ranks as the 66th most populous out of 123 Census-designated places in Nevada.

Age Demographics

The median age in Panaca is 32.7 years. This is 16% lower than the state median of 39.1 years. 11.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Panaca is $64,083. This is 18% lower than the state median of $78,260. It is also 21% lower than the national median of $80,734. The poverty rate stands at 1.4%. This is 89% lower than the state poverty rate of 12.4%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Panaca, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $263,300. Housing costs are 40% lower than the state median of $435,400. The home-value-to-income ratio is 4.1x. 63.4% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 60.0%.

Race & Ethnicity

Panaca has a predominantly White (non-Hispanic) population, comprising 85.3% of all residents. The White (non-Hispanic) population is significantly higher than the state average (85.3% vs 44.8%).

Education

36.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 30% higher than the state rate of 27.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Panaca, Nevada is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Nevada state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 123 Census-designated places in Nevada. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Panaca, Nevada?

Panaca, Nevada has a population of 1,015 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Panaca, NV?

The median household income in Panaca is $64,083, which is 21% lower than the national median of $80,734.

What is the poverty rate in Panaca, NV?

The poverty rate in Panaca is 1.4%. This means approximately 14 residents live below the federal poverty line.

What is the racial makeup of Panaca, Nevada?

Panaca's population is 85.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Panaca, NV?

The median home value in Panaca is $263,300. The home-value-to-income ratio is 4.1x.

How educated is Panaca, Nevada?

36.3% of adults (25+) in Panaca hold a bachelor's degree or higher, and 11.1% hold a graduate or professional degree.