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Panama, NY (New York) Houses and Residents

Estimated median house or condo value in 2022: $103,280 (it was $60,900 in 2000)
Panama:

$103,280
New York:

$400,400
Lower value quartile - upper value quartile: $74,472 - $147,442

Mean price in 2022:

Detached houses: $121,958
Here:

$121,958
State:

$476,719

Mobile homes: $73,483
Here:

$73,483
State:

$88,925

Total population: 462 (Urban population: 0, Rural population: 489 (all nonfarm))

Houses: 236 (218 occupied: 133 owner occupied, 88 renter occupied)

% of renters here:

40%
State:

46%

Housing density: 109 houses/condos per square mile

Median price asked for vacant for-sale houses and condos in 2022 in this county: $92,945.

Median contract rent in 2022: $642 (lower quartile is $606, upper quartile is $727)


Median rent asked for vacant for-rent units in 2022: $798


Median gross rent in Panama, NY in 2022: $798

Housing units in Panama with a mortgage: 52 (4 second mortgage, 0 home equity loan, 4 both second mortgage and home equity loan)
Houses without a mortgage: 1

Median household income for houses/condos with a mortgage: $71,162

Median household income for apartments without a mortgage: $61,599

Median monthly housing costs: $706

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Panama, NY forum
Recent posts about housing in Panama, New York on our local forum with over 2,400,000 registered users:
Extremely painful budget cuts due to migrant crisis to begin  (212 replies)
Anybody move away and then move back or thinking about returning?  (210 replies)
Stop moving to NJ!!  (171 replies)
Mayor Adams: Migrants coming to your neighborhood  (35 replies)
Be patient or move somewhere else?  (65 replies)
Downstate counties have highest rates of students in private schools. Check your district  (3 replies)
Panama, New York Age and Sex of Residents
Median year house/condo built: 1938

Median year apartment built: 1962

Household type by relationship:

Households: 478
  • Male householders: 114 (41 living alone), Female householders: 100 (26 living alone)
  • 98 spouses (98 opposite-sex spouses), 25 unmarried partners, (25 opposite-sex unmarried partners), 127 children (122 natural, 3 adopted, 0 stepchildren), 0 grandchildren, 0 brothers or sisters, 6 parents, 0 foster children, 1 other relatives, 1 non-relatives

Size of family households: 86 2-persons, 11 3-persons, 18 4-persons, 10 5-persons, 12 6-persons.

Size of nonfamily households: 61 1-person, 21 2-persons.

52 married couples with children.
21 single-parent households (6 men, 15 women).

98.0% of residents of Panama speak English at home.
0.7% of residents speak Spanish at home (100% speak English very well).
0.9% of residents speak other Indo-European language at home (100% speak English very well).

Foreign born population: 6 (1.3%)
(83.3% of them are naturalized citizens)

Median number of rooms in houses and condos:
Here:

6.4
State:

6.3

Median number of rooms in apartments
Here:

3.5
State:

3.8

Owner-occupied Renter-occupied
Bedrooms in owner-occupied houses and condos in Panama, New York
  • Bedrooms in owner-occupied houses and condos in Panama, New York
  • 0no bedroom
  • 81 bedroom
  • 442 bedrooms
  • 433 bedrooms
  • 314 bedrooms
  • 85+ bedrooms
Bedrooms in renter-occupied apartments in Panama, New York
  • Bedrooms in renter-occupied apartments in Panama, New York
  • 5no bedroom
  • 171 bedroom
  • 562 bedrooms
  • 63 bedrooms
  • 24 bedrooms
  • 25+ bedrooms
Owner-occupied Renter-occupied
Cars and other vehicles available in Panama in owner-occupied houses/condos
  • Cars and other vehicles available in Panama in owner-occupied houses/condos
  • 0no vehicle
  • 461 vehicle
  • 622 vehicles
  • 173 vehicles
  • 54 vehicles
  • 35+ vehicles
Cars and other vehicles available in Panama in renter-occupied apartments
  • Cars and other vehicles available in Panama in renter-occupied apartments
  • 2no vehicle
  • 651 vehicle
  • 122 vehicles
  • 93 vehicles
  • 04 vehicles
  • 05+ vehicles
Owner-occupied Renter-occupied
Rooms in owner-occupied houses in Panama, New York
  • Rooms in owner-occupied houses in Panama, New York
  • 01 room
  • 02 rooms
  • 103 rooms
  • 74 rooms
  • 195 rooms
  • 356 rooms
  • 67 rooms
  • 168 rooms
  • 409+ rooms
Rooms in renter-occupied apartments in Panama, New York
  • Rooms in renter-occupied apartments in Panama, New York
  • 51 room
  • 02 rooms
  • 383 rooms
  • 304 rooms
  • 85 rooms
  • 26 rooms
  • 27 rooms
  • 28 rooms
  • 29+ rooms
Year house built
Median 2022 house/condo value by year built
Median house/condo value by year householder moved into unit
Breakdown of mean house values by ages of householders
Panama village income, earnings, and wages data

  • Panama, NY household income distribution

  • Distribution of median household income in Panama, NY in 2022
  • 13Less than $10,000
  • 16$10,000 to $19,999
  • 20$20,000 to $29,999
  • 44$30,000 to $39,999
  • 13$40,000 to $49,999
  • 20$50,000 to $59,999
  • 34$60,000 to $74,999
  • 19$75,000 to $99,999
  • 23$100,000 to $124,999
  • 6$125,000 to $149,999
  • 12$150,000 to $199,999
  • 4$200,000 or more

  • Home value of owner - occupied houses in 2022 in Panama, NY

  • Distribution of house value in Panama, NY in 2022
  • 4Less than $10,000
  • 1$10,000 to $14,999
  • 2$20,000 to $24,999
  • 1$30,000 to $34,999
  • 2$35,000 to $39,999
  • 4$40,000 to $49,999
  • 1$50,000 to $59,999
  • 12$60,000 to $69,999
  • 12$70,000 to $79,999
  • 10$80,000 to $89,999
  • 17$90,000 to $99,999
  • 13$100,000 to $124,999
  • 12$125,000 to $149,999
  • 7$150,000 to $174,999
  • 5$175,000 to $199,999
  • 8$200,000 to $249,999
  • 3$300,000 to $399,999

  • Rent paid by renters in 2022 in Panama, NY

  • Distribution of rent paid by renters in Panama, NY in 2022
  • 6$400 to $449
  • 1$450 to $499
  • 3$500 to $549
  • 46$600 to $649
  • 13$650 to $699
  • 2$800 to $899
  • 4$900 to $999
  • 4No cash rent
Work and jobs in Panama: detailed stats about occupations, industries, unemployment, workers, commute
Time Leaving Home To Go To Work in 2022

Percentage of workers working in this county: 86.9%
Number of people working at home: 10 (4.2% of all workers)

Travel time (in minutes) to work in 2022

Travel time to work (commute)

  • Less than 5 minutes: 17
  • 5 to 9 minutes: 15
  • 10 to 14 minutes: 23
  • 15 to 19 minutes: 24
  • 20 to 24 minutes: 53
  • 25 to 29 minutes: 19
  • 30 to 34 minutes: 25
  • 35 to 39 minutes: 15
  • 40 to 44 minutes: 3
  • 45 to 59 minutes: 8
  • 60 to 89 minutes: 3
  • 90 or more minutes: 17
Means of transportation to work in 2022 - Panama

Means of transportation to work:

  • Drove a car alone: 178 (73.9%)
  • Carpooled: 28 (11.6%)
  • Taxi: 2 (0.8%)
  • Walked: 7 (2.9%)
  • Worked at home: 31 (12.9%)
Class of Workers in 2022
  • Unemployment by race in 2022
  • Unemployment rate for White non-Hispanic residents
  • 0.9%Males
Races in Panama detailed stats: ancestries, foreign born residents, place of birth
Year of entry for the foreign-born population in Panama, New York
  • Year of entry for the foreign-born population in Panama, New York
  • 02010 or later
  • 02000 to 2009
  • 61990 to 1999
  • 51980 to 1989
  • 01970 to 1979
  • 2Before 1970
Ancestries in Panama, NY

First ancestries reported:

  • English: 87 (38.6%)
  • German: 32 (14.2%)
  • Swedish: 31 (13.8%)
  • Dutch: 21 (9.3%)
  • Irish: 19 (8.4%)
  • American: 13 (5.8%)
  • Italian: 8 (3.6%)
  • European: 5 (2.2%)
  • Scottish: 5 (2.2%)
  • Albanian: 4 (1.8%)
  • Welsh: 4 (1.8%)

Most common places of birth for foreign-born residents (%):

Colombia
Panama:

80.0% (4)
New York:

2.5% (111,920)

Thailand
Panama:

20.0% (1)
New York:

0.3% (14,037)

Place of birth for U.S.-born residents:

  • This state: 318
  • Other state: 143
  • Northeast: 115
  • Midwest: 9
  • South: 14
  • West: 2

87.4% of Panama residents lived in the same house 1 years ago.
   Out of people who lived in different houses, 44.8% lived in this county.
   Out of people who lived in different counties, 66.7% lived in New York.


Panama:

87.4%
State average:

89.6%

Education attainment for males 25 years and older:

  • No schooling: 2
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 2
  • 9th grade: 1
  • 10th grade: 0
  • 11th grade: 0
  • 12th grade, no diploma: 1
  • High school graduate (or equivalency): 91
  • Less than 1 year of college: 0
  • Some college more than 1 year, no degree: 14
  • Associate degree: 27
  • Bachelor's degree: 21
  • Master's degree: 12
  • Professional school degree: 0
  • Doctorate degree: 0
Educational Attainment for Males

Education attainment for females 25 years and older:

  • No schooling: 0
  • Nursery to 4th grade: 0
  • 5th and 6th grade: 0
  • 7th and 8th grade: 2
  • 9th grade: 1
  • 10th grade: 0
  • 11th grade: 4
  • 12th grade, no diploma: 12
  • High school graduate (or equivalency): 47
  • Less than 1 year of college: 14
  • Some college more than 1 year, no degree: 15
  • Associate degree: 30
  • Bachelor's degree: 10
  • Master's degree: 23
  • Professional school degree: 1
  • Doctorate degree: 0
Educational Attainment for Females
Panama marital status for males
Panama marital status for females

Housing units in structures:

  • One, detached: 141
  • Two: 7
  • 3 or 4: 73
  • Mobile homes: 15

Median worth of mobile homes: $72,491

House/condo owner moved in on average 12 years ago

Renter moved in on average 5 years ago

Year householders moved into residence in Panama
Houses and condos Apartments
Most commonly used house heating fuel in houses and condos in Panama, NY
  • 77.1%Utility gas
  • 7.6%Wood
  • 6.1%Other fuel
  • 4.6%Bottled, tank, or LP gas
  • 3.1%Fuel oil, kerosene, etc.
  • 1.5%Electricity
Most commonly used house heating fuel in apartments in Panama, NY
  • 59.8%Utility gas
  • 25.3%Bottled, tank, or LP gas
  • 10.3%Electricity
  • 2.3%Wood
  • 2.3%Other fuel

Private vs. public school enrollment:

Students in private schools in grades 1 to 8 (elementary and middle school): 9
Here:

26.5%
New York:

15.6%

Students in private schools in grades 9 to 12 (high school): 0
Here:

0.0%
New York:

15.0%

Students in private undergraduate colleges: 1
Here:

5.0%
New York:

39.2%
School Enrollment by Level of School for Male Students
School Enrollment by Level of School for Female Students
Age and Sex of Sensory-Disabled Noninstitutionalized Residents
Age and Sex of Physically-Disabled Noninstitutionalized Residents
Age and Sex of Mentally-Disabled Noninstitutionalized Residents
Age and Sex of Self-Care Disabled Noninstitutionalized Residents
Age and Sex of Go-Outside-Home Disabled Noninstitutionalized Residents
Age and Sex of Noninstitutionalized Residents with Employment Disability
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