Income & Economy in Panaca, NV

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$61,935

-15% vs national

Per Capita Income

$31,106

-16% vs national

Poverty Rate

5.7%

-58% vs national

Gini Index

0.4255

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

6.6%

of households

How Panaca Compares

Source: Census ACS (2023)

Panaca vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Panaca is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Panaca. The median household income here is $61,935.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
12.2%
$25-50K
19.9%
$50-75K
22.4%
$75-100K
8.7%
$100-150K
13.8%
$150-200K
11.2%
$200K+
11.7%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs NV avg

Labor Force

401

Employed

401

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

18.6%

of adults 25+

High School Diploma+

35.8%

of adults 25+

Median Age

31.2

Work from Home

3.2%

of workers

The median household income in Panaca, NV is $61,935, which is 15.4% below the national average of $73,224. Per capita income is $31,106. The poverty rate of 5.7% is lower than the NV state average of 11.6%. The Gini index of income inequality is 0.4255, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 6.4%. 18.6% of adults hold a bachelor's degree or higher.