Panama

County:: Lancaster County
County Seat:: No
Area (mi²):: 0.284
State:: Nebraska

Panama is a village located in Lancaster County, Nebraska. Panama has a 2025 population of 224. Panama is currently declining at a rate of -1.32% annually and its population has decreased by -5.88% since the most recent census, which recorded a population of 238 in 2020.

The average household income in Panama is $117,621 with a poverty rate of 3.6%.The median age in Panama is 51.8 years: 48.8 years for males, and 52 years for females.

Demographics

The racial composition of Panama includes 87.89% White, and smaller percentages for other race and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	196	87.89%
Two or more races	25	11.21%
Other race	2	0.9%

Panama Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Panama's average per capita income is $58,906. Household income levels show a median of $89,583. The poverty rate stands at 3.6%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$111,750	-
Families	$110,500	$130,399
Households	$89,583	$117,621
Non Families	$87,708	$80,211

$58,906

Average Income

$89,583

Median Household Income

3.6%

Poverty Rate