At a Glance
Median Income
$61,935
$31,106 per capita
Home Value
$277,800
Zillow: $236,726
Median Rent
$902/mo
22.5% of income on rent
Bachelor's Degree+
31.3%
100.0% high school+
Unemployment
0.0%
10.1% poverty rate
Obesity Rate
30.9%
15.3% smoking rate
How Panaca Compares to the U.S. Average
Each bar shows Panaca's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Panaca a Good Place to Live?
B+
3.9 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Panaca residents earn a median household income of $61,935 , which is 18% below the national average of $75,149.
Per capita income is $31,106. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 10.1% of residents live below the poverty line. The area is home to 128 business establishments, including 13 restaurants.
Housing & Cost of Living
The median home value in Panaca is $277,800 , 1% below the national median of $281,900.
Zillow estimates the typical home at $236,726. Median rent is $902/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1963.
Education
31.3% of adults in Panaca hold a bachelor's degree or higher
(7% below the national average).
100.0% have completed high school. Local schools score 5.0/10 in standardized testing.
Climate & Weather
Panaca has an average annual temperature of 52°F (11°C).
Winters average 33°F in January while summers reach 75°F in July. Annual precipitation totals 11.2 inches.
Data Overview
People
Population1,272
Median Age31.2 yrs
Density413/mi²
Male / Female39% / 61%
Foreign Born0.0%
Veterans1.6%
Economy
A
Median Income$61,935
Per Capita$31,106
Unemployment0.0%
Poverty10.1%
County GDP$254M
Avg Weekly Wage$959
Housing
A
Home Value$277,800
Rent$902
Ownership65.8%
Zillow$236,726
Housing Units413
Rent Burden22.5%
Health
Obesity30.9%
Diabetes8.2%
Smoking15.3%
Heart Disease5.2%
Premature Death8,005/100K
Climate
Avg Temp52°F
Rain11.2 in/yr
Elevation4,720 ft
Education
B+
Bachelor's+31.3%
High School+100.0%
Graduate+11.2%
School Score5.0/10
Community
2024 VoteR 85% / D 13%
Commute22 min
Broadband91.6%
Internet Speed16 Mbps
EV Stations1
Libraries4
Did You Know?
The median home in Panaca was built in 1963.
The nearest airport is St George Regional (71 miles).
The Gini coefficient (income inequality) is 0.376 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
10.4% of the population has a disability.
The county recorded 6 fatal vehicle crashes.