Last updated: 2024 BLS data · Page refreshed:
Panama has a population of 232 with a median age of 52.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 232 |
| Median Age | 52.7 |
| White | 87.1% |
| Other / Two or More Races | 12.9% |
The median household income in Panama is $94,514, which is 17.2% above the national median of $80,610. The per capita income is $50,240. The poverty rate is 3.5%.
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In Panama, 95.3% of residents age 25+ have a high school diploma or higher, and 12.8% hold a bachelor's degree or higher (7.0% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.3% |
| Bachelor's Degree or Higher | 12.8% |
| Graduate or Professional Degree | 7.0% |
The median home value in Panama is $197,800, below the national median of $303,400. The median monthly rent is $1,313. The homeownership rate is 88.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $197,800 |
| Median Monthly Rent | $1,313 |
| Homeownership Rate | 88.3% |
| Vacancy Rate | 11.2% |
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