Median Income
$68,073
household / year
Median Home Value
$243,600
owner-occupied
Median Rent
$907
gross / month
Cost of Living
96
national avg = 100

Is Panaca, NV a Good Place to Live?

Panaca is a small town of 1,039 in Nevada, with a median household income of $68,073 . Its cost of living index is 96 (US average = 100), which is 4% below the national average.

Strengths: Panaca stands out for an affordable cost of living, below-average home prices, solid school ratings (B).

Trade-offs: Potential downsides include longer commutes. Whether Panaca is right for you depends on your priorities — the full breakdown is below.

All Panaca city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 96.4

Panaca's overall cost of living index is 96.4, where 100 represents the US national average. Living in Panaca costs roughly 4% less than the average American city.

Metric Panaca, NV National Avg
Median Home Value $243,600 $244,900
Median Monthly Rent $907 $1,163
Homeownership Rate 72.2% 65.9%
Median Household Income $68,073 $74,755

Crime & Safety

Crime data for Panaca is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Panaca is served primarily by Lincoln. The student-to-teacher ratio is 13.9:1 (better than the national average of ~16:1).

Metric Panaca, NV National Avg
School District Lincoln —
Elementary Schools 4 —
Middle Schools 2 —
High Schools 3 —
Student/Teacher Ratio 13.9:1 16:1
Bachelor's Degree or Higher 25.5% 35.4%
High School Diploma or Higher 100.0% 91.1%

Weather & Climate

Panaca sees average highs of 46.5°F in January and 92.8°F in July, with 11.2 inches of annual precipitation and 12.1 inches of snow per year.

MetricPanaca, NV
Average High — January46.5°F
Average High — July92.8°F
Annual Precipitation11.2"
Annual Snowfall12.1"

Demographics

MetricPanaca, NVNational Avg
Population1,039—
Median Age34.338.9
Unemployment Rate0.0%3.7%
Avg Commute Time33.2 min26 min
White (non-Hispanic)92.0%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.9%18.9%
Asian0.0%6.3%
Under 1836.2%22.2%
65 and over15.1%16.8%

Nearby Cities

Bennett Springs, NV 6 mi Beaverdam, NV 7 mi Dry Valley, NV 8 mi Caliente, NV 11 mi Pioche, NV 12 mi

ZIP Codes in Panaca

Panaca, NV is covered by 1 ZIP code:

89042

Panaca vs Other Cities

Panaca, NV vs Bennett Springs, NV Panaca, NV vs Beaverdam, NV Panaca, NV vs Dry Valley, NV Panaca, NV vs Caliente, NV Panaca, NV vs Pioche, NV

Frequently Asked Questions

Panaca's cost of living index is 96, where 100 is the national average. That makes Panaca roughly 4% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $243,600 and median rent is $907/month.
Crime data for Panaca is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Panaca are operated by Lincoln. The district has 4 elementary, 2 middle, and 3 high schools. The student-to-teacher ratio is 13.9:1. 25.5% of adults 25+ hold a bachelor's degree or higher.
Panaca, NV has a population of 1,039, a median household income of $68,073, and an unemployment rate of 0.0%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Panaca averages 46.5°F in January and 92.8°F in July. Annual rainfall is 11.2 inches with about 12.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Panaca, NV is covered by 1 ZIP code: 89042.
The population of Panaca, Nevada is 1,039 with a median age of 34.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Panaca: cost of living index 96 (100 = US average), median home $243,600, median household income $68,073, schools rated B. Whether these are benefits or drawbacks depends on where you're coming from — compare Panaca side by side with your current city to see the trade-offs.