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Panama, NY
Full City Profile · New York · Chautauqua County County
3.2
/5.0
B
Good
476
Population
215/sq mi density
$57,250
Median Income
$28,956 per capita
$96,600
Home Value
$177,505 Zillow
$742
Median Rent
30.0% income on rent
47°F
Avg Temperature
246 sunny days/yr
721
Violent Crime/100K
4,193 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$57,250 median income, 1.0% unemployment
A+
Affordability
5.0 / 5.0
$96,600 home value, $742/mo rent
F
Safety
1.0 / 5.0
721 violent crimes/100K (90% above avg)
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher
Panama experiences four distinct seasons with an average annual temperature of 47°F (8°C). Winters average 24°F in January while summers reach 69°F in July. The area gets 246 sunny days per year. Annual precipitation totals 45.9 inches. The area receives 98.4 inches of snow annually. Air quality is rated Good with a median AQI of 36.
Temperature
24°F Jan (-4°C)
69°F Jul (20°C)
| Annual Average | 47.3°F |
| 12% below US avg | |
| January Average | 24°F (-4°C) |
| July Average | 69°F (20°C) |
| Sunny Days | 246 days/yr |
Geography
| Elevation | 1,680 ft (512 m) |
| Area | 2.2 sq mi (5.7 km²) |
| Population Density | 215/sq mi |
| Coordinates | 42.0686°N, 79.4872°W |
| Timezone | America/New_York |
| County | Chautauqua County County |
| Nearest Airport | Erie International/Tom Ridge Field (ERI) 35 miles away |
Precipitation & Snow
Air Quality
| AQI Median | 36.0 |
| Rating | Good |
Air Pollutants (EPA 2023)
| Ozone (O₃) | 0.0453 ppm |
| PM2.5 (Fine Particles) | 7.1 μg/m³ |
Natural Hazard Risk
| Overall Risk | Relatively Moderate |
| Risk Score | 84.6 / 100 |
| Social Vulnerability | 70.3 / 100 |
| Community Resilience | 89.9 / 100 |
Hazard Breakdown
| Tornado | Relatively Moderate |
| Hurricane | Relatively Low |
| Earthquake | Very Low |
| Wildfire | Very Low |
| Flood | Relatively Moderate |
| Hail | Very Low |
| Strong Wind | Relatively High |
| Heat Wave | Very Low |
| Winter Weather | Relatively Moderate |
| Lightning | Relatively High |
| Ice Storm | Relatively Moderate |
| Drought | No Rating |
| Cold Wave | Relatively Moderate |
| Landslide | Very Low |
| Coastal Flood | Very Low |
| Avalanche | Very Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Tsunami History
1 tsunami recorded within 500 km. Highest wave on record: 2.7 m (9 ft).
| Year | Location | Cause | Max Wave | Deaths | Distance |
| 1823 | LAKE ERIE | Unknown | 2.7 m | — | 127 km |
Source: NOAA/NCEI Historical Tsunami Database. Sorted by wave height.
Monthly Weather
| Month | Avg Temperature | Precipitation | Summary |
|---|---|---|---|
| January | 24°F (-4°C) | 2.9 in | |
| February | 24°F (-5°C) | 2.6 in | Coldest, Driest |
| March | 33°F (0°C) | 3.2 in | |
| April | 44°F (7°C) | 3.5 in | |
| May | 55°F (13°C) | 3.8 in | |
| June | 64°F (18°C) | 4.6 in | Wettest |
| July | 69°F (20°C) | 4.3 in | Warmest |
| August | 67°F (19°C) | 4.4 in | |
| September | 60°F (15°C) | 4.6 in | |
| October | 49°F (9°C) | 4.0 in | |
| November | 38°F (4°C) | 4.5 in | |
| December | 28°F (-2°C) | 3.9 in |
Panama has a seasonal temperature swing of 45°F / from 24°F in February to 69°F in July. Total annual precipitation is 46.2 inches, with June being the wettest month (4.6") and February the driest (2.6").