Panaca, NV

Census Place

2024 Population

1,015

US Senator

Catherine Cortez Masto

Democratic Party

US Senator

Jacky Rosen

Democratic Party

2024 Median Age

32.7

4.81% 1-year increase

2024 Poverty Rate

1.38%

75.6% 1-year decrease

2024 Median Household Income

$64,083

3.47% 1-year growth

2024 Median Property Value

$263,300

Population & Diversity

Panaca, NV is home to a population of 1.02k people, from which 100% are citizens.

As of 2024, 3.15% of Panaca, NV residents were born outside of the country (32 people).

In 2024, there were 8.84 times more White (Non-Hispanic) residents (866 people) in Panaca, NV than any other race or ethnicity. There were 98 American Indian & Alaska Native (Non-Hispanic) and 40 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2024 Citizenship

100%

2023 Citizenship

As of 2024, 100% of Panaca, NV residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Panaca, NV was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Panaca, NV compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Panaca, NV

White (Non-Hispanic)
866 ± 276
American Indian & Alaska Native (Non-Hispanic)
98 ± 101
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
40 ± 36

The following chart shows the 8 races represented in Panaca, NV as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Nevada.

Most Common Origin

Mexico
215,321 ± 11,001 people
Philippines
93,403 ± 7,392 people
Cuba
26,547 ± 3,983 people

In 2024, the most common birthplace for the foreign-born residents of Nevada was Mexico, the natal country of 215,321 Nevada residents, followed by Philippines with 93,403 and Cuba with 26,547.

Foreign-Born Population

3.15%

2024 Foreign-Born Population

32 people

As of 2024, 3.15% of Panaca, NV residents (32 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Panaca, NV was 0%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Panaca, NV compared to that of it's neighboring and parent geographies.

Economy

The economy of Panaca, NV employs 376 people. In 2024, the largest industries in Panaca, NV were Educational Services (130 people), Transportation & Warehousing (62 people), and Mining, Quarrying, & Oil & Gas Extraction (49 people), and the highest paying industries were Educational Services ($87,804) and Educational Services, & Health Care & Social Assistance ($87,635).

Employment

Occupations

376

2024 Value

± 199

−6.23%

1 Year decline

± 73.9%

From 2023 to 2024, employment in Panaca, NV declined at a rate of −6.23%, from 401 employees to 376 employees.

The most common job groups, by number of people living in Panaca, NV, are Education Instruction, & Library Occupations (120 people), Transportation Occupations (74 people), and Installation, Maintenance, & Repair Occupations (49 people). This chart illustrates the share breakdown of the primary jobs held by residents of Panaca, NV.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Nevada.

This chart shows weekly unemployment insurance claims in Nevada (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

376

2024 Value

± 199

−6.23%

1 Year decline

± 73.9%

From 2023 to 2024, employment in Panaca, NV declined at a rate of −6.23%, from 401 employees to 376 employees.

The most common employment sectors for those who live in Panaca, NV, are Educational Services (130 people), Transportation & Warehousing (62 people), and Mining, Quarrying, & Oil & Gas Extraction (49 people). This chart shows the share breakdown of the primary industries for residents of Panaca, NV, though some of these residents may live in Panaca, NV and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$71,033

Median earning men ± $35,523

$42,596

Median earning women ± $6,274

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($56,902).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($88,438).

Housing & Living

The median property value in Panaca, NV was $263,300 in 2024, which is 0.791 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $277,800 to $263,300, a 5.22% decrease. The homeownership rate in Panaca, NV is 63.4%, which is lower than the national average of 65.2%.

People in Panaca, NV have an average commute time of 7.18 minutes, and they drove alone to work. Car ownership in Panaca, NV is higher than the national average, with an average of 5 cars per household.

Housing

Property

$263,300

Median Property Value 2024

±$40,841

$286

Median Property Taxes

±$160

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Panaca, NV the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Panaca, NV compared to it's parent and neighbor geographies.

Rent vs Own

63.4%

Homeownership

2024

55.9%

Homeowners with Mortgage

2024

In 2024, 63.4% of the housing units in Panaca, NV were occupied by their owner. This percentage declined from the previous year's rate of 65.8%.

This chart shows the percentage of owner in Panaca, NV compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$64,083

Median Household Income

± $18,249

451

Number of Households

± 221

In 2024, the median household income of the 451 households in Panaca, NV grew to $64,083 from the previous year's value of $61,935.

The following chart displays the households in Panaca, NV distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Panaca, NV is from Nevada.

0.451

2024 Wage GINI in Nevada

0.451

2023 Wage GINI in Nevada

In 2024, the income inequality in Nevada was 0.451 according to the GINI calculation of the wage distribution. Income inequality had a 0.0693% growth from 2023 to 2024, which means that wage distribution grew somewhat less even. The GINI for Nevada was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Nevada in comparison to the national average.

This chart shows the number of workers in Nevada across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (55.9%)
Carpooled (38%)
Worked At Home (6.12%)

In 2024, 55.9% of workers in Panaca, NV drove alone to work, followed by those who carpooled to work (38%) and those who worked at home (6.12%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

7.18 minutes

Average Travel Time

Using averages, employees in Panaca, NV have a shorter commute time (7.18 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Panaca, NV have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Panaca, NV compares to that of it's neighboring and parent geographies.

Car Ownership

5 cars

Average Number

The following chart displays the households in Panaca, NV distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Panaca, NV have 5 cars.

Poverty

Poverty & Diversity

1.38% of the population for whom poverty status is determined in Panaca, NV (14 out of 1.02k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 45 - 54, followed by Females 75+ and then Females 65 - 74.

The most common racial or ethnic group living below the poverty line in Panaca, NV is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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