Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 51.8 yrs |
|---|---|
| Avg HH Size | 2.32 |
| Below Poverty | 3.6% ▼ 64% below avg |
| College Grads | 35.3% ▼ 9% below avg |
| Unemployment | 4.4% ▼ 11% below avg |
| HS Graduate | 61 (39.1%) |
| Some College | 15 (9.6%) |
| Associates | 25 (16%) |
| Bachelors | 31 (19.9%) |
| Graduate Degree | 24 (15.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $89,583 ▲ 17% above avg |
|---|---|
| Median Home Value | $196,000 ▼ 30% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $1,250/mo |
| Total Housing Units | 108 |
| Vacant Units | 12 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Panama is a city in Nebraska, located in Lancaster County. The city spans 1 ZIP code and is home to approximately 223 residents. It is a mature city, with a median age of 51.8 years.
Economically, Panama is a middle-income community. The median household income of $89,583 is above the national average. Approximately 3.6% of residents live below the poverty line. The unemployment rate is 4.4%, near the national average.
The real estate market in Panama is an affordable housing market. Median home values stand at $196,000, which is below the national average. Renters typically pay around $1,250 per month. Homeownership is high at 88.5%, typical of suburban and family-oriented communities.
The population of Panama is moderately educated. 35.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (87.89%).
Panama, NE offers residents above-average earning potential within Nebraska.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 68419 | 223 | $89,583 | $196,000 | $1,250 | 4.4% | 35.3% | 88.5% |