Panama, New York Population 2024

456

Panama is a city located in Chautauqua County New York. Panama has a 2024 population of 456. Panama is currently declining at a rate of -0.65% annually and its population has decreased by -2.56% since the most recent census, which recorded a population of 468 in 2020.

The average household income in Panama is $62,040 with a poverty rate of 11.16%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Panama is 44.6 years, 44.8 years for males, and 44.5 years for females.

Panama Demographics

According to the most recent ACS, the racial composition of Panama was:

  • White: 98.14%
  • Two or more races: 1.24%
  • Asian: 0.41%
  • Native American: 0.21%
  • Black or African American: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
2.2 sq mi
Density (mi²)
206.50/sq mi
Growth Since 2020
-2.56% (-12)
The current population of Panama, New York is 456 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 468.

Panama, New York Population 2024

Population by Race

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Race
Population
Percentage (of total)
White47598.14%
Two or more races61.24%
Asian20.41%
Native American10.21%
Black or African American00%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Two or more races

Asian

Native American

Black or African American

Native Hawaiian or Pacific Islander

Other race

Panama Population by Race

Panama Population Pyramid 2024

Panama Median Age

44.6

Total

44.8

Male

44.5

Female

Panama Adults

There are 406 adults, (108 of whom are seniors) in Panama.

Panama Age Dependency

62.4

Age Dependency Ratio

36.2

Old Age Dependency Ratio

26.2

Child Dependency Ratio

Panama Sex Ratio

Female22746.9%
Male25753.1%

Panama Population by Age

Panama Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All2182.2260.139.9
Married1002.98119
Non Family921.2332.667.4
Female182.8977.822.2
Male83.637525

2.89

Average Family Size

2.22

Average Household Size

60.1%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Panama Households and Families

Male

Female

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Education Attained
Count
Percentage
Less Than 9th Grade72.06%
9th to 12th Grade205.88%
High School Graduate15244.71%
Some College4914.41%
Associates Degree4814.12%
Bachelors Degree298.53%
Graduate Degree3510.29%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Panama Educational Attainment by Sex (over 25)

Panama Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Race
Total
High School
Bachelors
White33030459
Hispanic440
2+ Races333
Asian222
Native American100

The highest rate of high school graduation is among asian people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 100%.

Panama Educational Attainment by Race

All

Male

Female

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Name
Average
Male
Female
Overall$40,875$52,500$33,472
Less Than 9th Grade$0$0$0
High School Graduate$34,028$53,068$32,083
Some College$34,688$41,964$28,750
Bachelors Degree$43,750$0$48,750
Graduate Degree$78,125$78,125$76,250

$40,875

Average Earnings

$52,500

Average Male

$33,472

Average Female

Panama Earnings by Educational Attainment

Panama Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Panama Language

97.86% of Panama residents speak only English, while 2.14% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 1.28% of the population.

Panama Language

Panama Poverty by Race

rate

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Name
Total
In Poverty
Poverty Rate
White4715411.46%

11.16%

Overall Poverty Rate

5.45%

Male Poverty Rate

17.62%

Female Poverty Rate

Poverty in Panama

The race most likely to be in poverty in Panama is White, with 11.46% below the poverty level.

The race least likely to be in poverty in Panama is White, with 11.46% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 2.74%. Among those working part-time, it was 6.09%, and for those that did not work, the poverty rate was 20.38%.

Panama Poverty

rate

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Rate
Poverty
Less Than 9th Grade51.85%
High School13.16%
Bachelors or Greater1.56%
Some College0%

Panama Poverty Rate by Education

rate

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Rate
Poverty
Female Employed8.26%
Male Employed1.47%
Male Unemployed0%
Female Unemployed0%

Panama Poverty Rate by Employment Status and Sex

Panama Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Name
Median
Mean
Households$53,889$62,040
Families$67,500$79,810
Married Families$72,500$-999,999,999
Non Families$28,889$36,053

mean

median

Income by Household Type

Panama Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

48.4%

Overall Marriage Rate

45.2%

Male Marriage Rate

52.0%

Female Marriage Rate

Panama Married by Age and Sex

male

female

Panama Marriage

The age group where males are most likely to be married is 55-64, while the female age group most likely to be married is 45-54.

Panama Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Panama Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

24

Number of Veterans

23

Male Veterans

1

Female Veterans

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

War
Veterans
Vietnam8
First Gulf War5
Second Gulf War4
Korea2
World War II1

Panama Veterans by War

count

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Age Group
Veterans
55 to 648
75+6
35 to 545
18 to 344
65 to 741

Panama Veterans by Age

count

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Name
Veterans
% of Total
White246%

Panama Veterans by Race

Panama Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

0%

Veteran Poverty Rate

54.17%

Veteran Disability Rate

Panama Veterans by Education

LaborForceParticipation

59.1%

Labor Force Participation

58.6%

Employment Rate

0.8%

Unemployment Rate

Panama Employment by Age

LaborForceParticipation

Panama Employment by Race

LaborForceParticipation

Panama Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

66.12%

Born in Panama

98.76%

Native Born

1.24%

Foreign Born

0%

Non Citizen

1.24%

Naturalized

Place of Birth

98.76% of Panama residents were born in the United States, with 66.12% having been born in New York. 0% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Latin America.

Panama Place of Birth

Note: data after 2022 is projected based on recent change

Download Table Data

Enter your email below, and you'll receive this table's data in your inbox momentarily.

Year
Population
Growth
Growth Rate
2029441-3-0.68%
2028444-3-0.67%
2027447-3-0.67%
2026450-3-0.66%
2025453-3-0.66%
2024456-3-0.65%
2023459-3-0.65%
2022462-3-0.65%
2021465-3-0.64%
2020468245.41%
2019444-3-0.67%
2018447-3-0.67%
2017450-4-0.88%
2016454-7-1.52%
2015461-5-1.07%
2014466-4-0.85%
2013470-2-0.42%
2012472-3-0.63%
2011475-3-0.63%
201047800%

Panama Population by Year