Panama is a village located in Chautauqua County, New York. Panama has a 2026 population of 446. Panama is currently declining at a rate of -0.67% annually and its population has decreased by -3.88% since the most recent census, which recorded a population of 464 in 2020.
The median household income in Panama is $60,865 with a poverty rate of 12.86%. The median age in Panama is 46.6 years: 45.3 years for males, and 49.4 years for females. For every 100 females there are 97.8 males.
Data after 2023 is projected based on recent change
Overall: 46.6 years
Female: 49.4 years
Male: 45.3 years
There are 395 adults, (105 of whom are seniors) in Panama.
Female: 228 (50.6%)
Male: 223 (49.4%)
The racial composition of Panama includes 97.12% White, and smaller percentages for Two or more races, other race, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 438 | 97.12% |
| Two or more races | 9 | 2% |
| Other race | 3 | 0.67% |
| Native American | 1 | 0.22% |
Panama 's average per capita income is $46,406. Household income levels show a median of $60,865. The poverty rate stands at 12.86%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $70,000 | - |
| Families | $61,750 | $78,383 |
| Households | $60,865 | $66,845 |
| Non Families | $56,250 | $44,345 |
Average Income
Median Household Income
Poverty Rate