Population 217 · Census ACS 2020–24
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Population and households in Panco
Household size in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 2.07 | 2.51 | 2.68 |
| 2010–14 | 2.34 | 2.53 | 2.73 |
| 2015–19 | 2.44 | 2.52 | 2.71 |
| 2020–24 | 2.52 | 2.51 | 2.65 |
| Change | +0.46 | −0.00 | −0.03 |
The average household in Panco has 2.52 people, a bit under the U.S. average of 2.65. That is in line with the rest of Kentucky. Since 2006–10, household size has climbed from 2.07, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 54.9 | 38.5 | 37.7 |
| 2010–14 | 42.6 | 39.3 | 38.6 |
| 2015–19 | 40.9 | 40.0 | 39.6 |
| 2020–24 | 35.4 | 39.9 | 40.1 |
| Change | −19.5 | +1.5 | +2.3 |
Panco is young: half of its residents are under 35.4, compared with a national median of 40.1. The population tilts toward young adults, many of them living alone or as couples.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 8.3% | 11.7% | 12.3% |
| 2010–14 | 5.4% | 11.9% | 12.3% |
| 2015–19 | 3.4% | 11.8% | 11.6% |
| 2020–24 | 12.8% | 11.9% | 11.6% |
| Change | +4.6 pts | +0.2 pts | −0.6 pts |
Single parents head about one in eight households in Panco (12.8%), a bit above the national share of 11.6%. Kentucky as a whole looks much the same.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Panco
Renters in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 26.9% | 30.1% | 33.3% |
| 2010–14 | 21.5% | 32.3% | 35.6% |
| 2015–19 | 28.9% | 32.8% | 36.0% |
| 2020–24 | 9.3% | 31.7% | 34.8% |
| Change | −17.6 pts | +1.5 pts | +1.5 pts |
Only 9.3% of households in Panco rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 84.6% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 42.3% | 12.2% | 11.4% |
| 2010–14 | 15.3% | 11.9% | 11.4% |
| 2015–19 | 23.8% | 12.3% | 11.1% |
| 2020–24 | 18.8% | 10.6% | 9.6% |
| Change | −23.5 pts | −1.6 pts | −1.8 pts |
Vacant homes make up 18.8% of the housing in Panco, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 1976 | 1977 | 1974 |
| 2010–14 | 1983 | 1979 | 1975 |
| 2015–19 | 1987 | 1980 | 1977 |
| 2020–24 | 1988 | 1982 | 1980 |
| Change | +12 | +5 | +6 |
The housing in Panco is younger than the country's: half of it was built after 1988, against 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | $385 | $657 | $965 |
| 2010–14 | $500 | $728 | $1,040 |
| 2015–19 | $501 | $814 | $1,213 |
| 2020–24 | $707 | $1,024 | $1,571 |
| Change | +$321 | +$367 | +$606 |
Rent in Panco runs $707 a month at the median, utilities included, well below the U.S. median of $1,571. The typical renter here spends 34.6% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Panco
Bachelor's degrees in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 6.8% | 21.3% | 28.4% |
| 2010–14 | 8.1% | 22.5% | 29.6% |
| 2015–19 | 10.6% | 24.5% | 32.1% |
| 2020–24 | 5.3% | 27.6% | 35.6% |
| Change | −1.5 pts | +6.2 pts | +7.2 pts |
College degrees are relatively uncommon in Panco: 5.3% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 62.2% | 81.7% | 84.9% |
| 2010–14 | 61.4% | 83.9% | 86.1% |
| 2015–19 | 68.6% | 86.4% | 87.7% |
| 2020–24 | 79.4% | 88.8% | 89.3% |
| Change | +17.2 pts | +7.2 pts | +4.3 pts |
Just over one in five adults in Panco never finished high school, well above the national share: only 79.4% have a diploma or equivalent, against 89.3% nationally.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Panco
| Period | Panco | Kentucky | U.S. |
|---|---|---|---|
| 2006–10 | 23.7% | 8.4% | 8.1% |
| 2010–14 | 21.9% | 9.5% | 9.4% |
| 2015–19 | 11.0% | 5.8% | 5.6% |
| 2020–24 | 10.0% | 5.1% | 5.4% |
| Change | −13.7 pts | −3.3 pts | −2.7 pts |
Unemployment in Panco runs well above the national rate: 10.0% of the labor force was out of work and looking, against 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Panco compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Panco | 2.52 | 35.4 | 12.8% | 9.3% | 18.8% | 1988 | $707 | 5.3% | 79.4% | 10.0% |
| Oneida | 2.54 | 37.5 | 18.0% | 9.7% | 24.7% | 1985 | $783 | 9.9% | 74.2% | 6.0% |
| Teges | 2.53 | 35.3 | 14.7% | 8.0% | 20.6% | 1989 | $718 | 4.5% | 77.6% | 10.7% |
| Sizerock | 2.04 | 40.3 | 7.2% | 18.2% | 11.7% | 1984 | $605 | 16.9% | 74.5% | 0.0% |
| Bear Branch | 2.33 | 40.8 | 13.9% | 14.0% | 7.6% | 1981 | $529 | 13.7% | 78.0% | 0.0% |
| Buckhorn | 2.55 | 37.6 | 5.3% | 14.5% | 18.1% | 1982 | $643 | 12.5% | 85.2% | 2.5% |
| Hector | 2.20 | 35.4 | 25.2% | 26.6% | 20.2% | 1987 | $1,021 | 11.9% | 65.4% | 31.8% |
| Felty | 2.67 | 36.2 | 17.1% | 2.7% | 33.4% | 1984 | $703 | 9.4% | 68.2% | 6.1% |
| Spurlock | 2.61 | 37.1 | 21.8% | 21.5% | 16.2% | 1984 | $865 | 25.8% | 84.2% | 7.3% |
| Jason | 2.93 | 39.7 | 22.2% | 3.9% | 1.9% | 1974 | $412 | 6.9% | 87.2% | 0.0% |
| Taft | 2.42 | 48.0 | 9.9% | 5.5% | 17.2% | 1990 | $466 | 15.5% | 68.1% | 18.0% |
All figures 2020–24.
Cities with similar populations: Scottsville, SC · Lono, AR · Lorton, NE · Lowery, AL · Lucas, WV · Lucerne, WA · Luella, TX · Lumberton, OH · Mars Hill-Blaine, ME · Martins Siding, VA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Panco. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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