Is Panaca, Nevada a Good Place To Live? - Living In Panaca, NV

Is Panaca, Nevada a good place to live?
Panaca is a city in Nevada state in USA with a population of 1157 residents.. The poverty rate of Panaca is 5.3%, which is 62% lower than national average. The typical household in Panaca earns $66688 a year, compared to the national median of $67,500. Nearly 37.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Panaca, only 90% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Panaca remained 11.8%, which is 151% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Panaca, only 20% of adults have a bachelor's degree and 33% have some college but no degree.

Cost of living in Panaca is 0, which is 100% lower than national average. Median home value in Panaca is $130200 , which is 43% lower than national average. While median income in Panaca remained $66688, which is 1% lower than national average.
Population
1157
Unemployment
11.8%
151% NAT AVG.
Poverty
5.3%
62% NAT AVG.
Overall Score
3
Median Home Cost
$130200
43% NAT AVG.
Median Income
$66688
1% NAT AVG.
Median Rent
$0
100% NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 8
People Earning < $10,000
1 in INF
People Earning < $50,000
37.5%
People with <= High School
1 in 2.1
People With Any Degree
1 in 4.3
Pros & Cons Overview

Jobs60%

Housing10%

Affordability10%

Safety30%

Amenities30%

Diversity40%

Education70%

Commute60%