Everything You Should Know Before Moving to Panaca, NV
Thinking about moving to Panaca, NV? With a welcoming population of around 870, Panaca offers affordable living, with median home prices near $220,000 and rents averaging $950. The area is known for its low crime rates, short 14-minute commutes, and over 77% sunny days each year. Enjoy a relaxed lifestyle in this close-knit community, supported by solid schools, easy access to outdoor recreation, and a cost of living well below the national average.
Demographics - Panaca, NV
Demographics - Panaca, NV
Panaca is a small, close-knit town with a population of about 870 and a median age of 36.5 years. The community is predominantly White, with a balanced gender ratio and a modest percentage of non-English speakers, contributing to a friendly and familiar atmosphere for newcomers.
Population:
870
Density:
180 per sq mi
Median Age:
36.5
Gender Ratio:
104 males per 100 females
Non-English Speakers Percentage:
4.2%
Ethnic Composition
White:
93.5%
Black:
0.5%
Asian:
0.6%
Others:
5.4%
Cost Of Living
What is the average cost of living in Panaca, NV?
Panaca offers a cost of living well below the national average, with a median home value of $220,000 and average rent around $950. Residents benefit from Nevada's lack of state income tax, making it an affordable choice for individuals and families seeking value.
Median House Value:
$220,000
Gross Rent:
$950
Monthly Electricity Charges:
$130
Auto Insurance:
$1,285
House Owner Cost With Mortgage:
$1,120
House Owner Cost Without Mortgage:
$410
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
88.0
Grocery:
92.0
Housing:
79.0
Utilities:
100.5
Transportation:
90.4
Health Care:
95.5
Miscellaneous:
93.2
Crime
Is Panaca, NV a safe place to live?
Panaca is a notably safe community, boasting low crime rates with only 55 violent crimes and 230 property crimes per 100,000 residents. The chance of being a victim of violent crime is just 1 in 1,800, providing peace of mind for those seeking a secure place to live.
Violent Crimes Per 100k:
55
Property Crimes Per 100k:
230
Crime Index:
285
Chance Of Violent Crime:
1 in 1,800
Chance Of Property Crime:
1 in 375
Weather
What is the weather like in Panaca, NV year-round?
Residents in Panaca enjoy a sunny climate, with 77% of days seeing sunshine and just over 10 inches of annual rainfall. Seasonal temperatures range from chilly winters in the 20s and 40s to warm summers with highs near 93°F, making it ideal for outdoor activities year-round.
Winter
Min:
20°F
Max:
47°F
Spring
Min:
35°F
Max:
70°F
Summer
Min:
55°F
Max:
93°F
Fall
Min:
40°F
Max:
72°F
Average Rainfall Inches:
10.7 inches
Sunny Days Percentage:
77%
Neighbors
Households in Panaca have a median income of $56,000, with most residents enjoying short commutes averaging just over 14 minutes. The area has a high rate of high school graduates and a low poverty rate, reflecting a stable and welcoming community.
Median Income:
$56,000
Household Income:
$58,500
Family Income:
$65,000
Per Capita Income:
$24,800
Income Male:
$42,000
Income Female:
$33,500
Poverty Rate:
9.8%
Non English Speakers:
4.2%
Rent:
$950
Unemployment Rate:
4.9%
Public Transport Usage:
0.0%
Commute Time:
14.2 minutes
Education
High School or Higher:
92.1%
Bachelors or More:
23.5%
Education
How are the schools in Panaca, NV?
Panaca provides quality public education, with a local elementary and high school offering favorable student-to-teacher ratios around 13:1. Higher education is accessible nearby at Great Basin College’s satellite location just 15 miles away, supporting lifelong learning opportunities.
Public Schools
Name:
Panaca Elementary School
Street:
360 Main St
Phone:
775-728-4421
Students:
121
Student Teacher Ratio:
13.2
Name:
Lincoln County High School
Street:
1111 Edwards St
Phone:
775-728-4481
Students:
215
Student Teacher Ratio:
12.8
Colleges
Name:
Great Basin College - Satellite
City:
Caliente
State:
NV
Distance:
15 miles
Students:
200
Healthcare
Panaca residents are served by nearby Grover C. Dils Medical Center, a critical access hospital with emergency services located in Caliente. With 88% health insurance coverage and a healthcare index of 66.8, basic medical needs are reliably met in the region.
Major Hospitals
Name:
Grover C. Dils Medical Center
Address:
700 N Spring St, Caliente, NV 89008
Phone:
(775) 726-3171
Type:
Critical Access Hospital
Emergency Services:
Yes
Physicians Per 1000:
1.2
Health Insurance Coverage:
88.0%
Health Care Index:
66.8
Housing Market
What is the housing market like in Panaca, NV?
The local housing market features a median home price of $220,000 and a high owner-occupancy rate of over 70%. Rental options are available with average rents around $950, and the area has experienced steady home appreciation at 4.1% over the past year.
Median Home Price:
$220,000
Average Rent For 2 Bedroom:
$950
Owner Occupied Rate:
72.3%
Rental Vacancy Rate:
7.4%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.8%
Foreclosure Rate:
0.2%
DMV Information
Residents of Panaca access DMV services through the Nevada Department of Motor Vehicles, with the nearest full-service office located in Las Vegas. Essential information and services are available online at the official DMV website.
State:
Nevada
Department:
Nevada Department of Motor Vehicles
Address:
8250 W. Flamingo Rd, Las Vegas, NV 89147
Phone:
(702) 486-4368
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.