All Countries
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
Income Overview
Median Household Income
$57,250
24% below
US avg: $75,149
Per Capita Income
$28,956
26% below
US avg: $39,052
Unemployment Rate
1.0%
72% below
US avg: 3.6%
Poverty Rate
3.6%
71% below
US avg: 12.4%
Income Comparison: Panama vs. U.S. Average
Each bar shows Panama’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$57,250
76%
Per Capita
US: $39,052
$28,956
74%
IRS Avg AGI
US: $72,000
$58,667
81%
Avg Weekly Wage
US: $1,432
$1,018
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,018
29% below US avg ($1,432)
Mean Commute Time
24 min
14% below US avg (28 min)
Work From Home
4.2%
72% below US avg (15.2%)
Drive Alone
81.5%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,275M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.5%
Public Transit
0%
Work From Home
4.2%
Other
14.3%
Average commute time
24 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,224
Restaurants
330
Healthcare
255
Retail
443
Manufacturing
176
Tax & Financial
IRS Avg Adjusted Gross Income
$58,667
19% below US avg ($72,000)
Avg Property Tax
$7,210
106% above US avg ($3,500)
Cost of Living Index
107.9
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $57,250 |
| Per Capita Income | $28,956 |
| IRS Avg Adjusted Gross Income | $58,667 |
| Avg Weekly Wage | $1,018 |
| County GDP | $6,275M |
Hardship Indicators
| Unemployment Rate | 1.0% |
| Poverty Rate | 3.6% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 107.9 |
Commute
| Mean Commute | 24 minutes |
| Drive Alone | 81.5% |
| Public Transit | 0.0% |
| Work From Home | 4.2% |
Businesses
| Total Establishments | 3,224 |
| Restaurants | 330 |
| Healthcare | 255 |
| Retail | 443 |
| Manufacturing | 176 |
Tax
| IRS Avg AGI | $58,667 |
| Avg Property Tax | $7,210 |