HomeNew YorkChautauqua CountyPanama village
Panama village, New York: commercial real estate data.
Panama village is a Census village of 451 people across 2.21 square miles of land, in Chautauqua County. Median household income is $60,865, 55.3 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $492,800.
70 sourced place values · tier FULL · 8 sections
Panama
What Panama is
- Census place typevillage
- Land area2.21 sq mi
- Water area0.01 sq mi
- Population per square mile of land204 plus or minus 42
- County holding the largest share of its areaChautauqua County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama
How many people live in Panama
- Population451 plus or minus 93
- Median age46.6
- Population under 1856 plus or minus 18
- Share under 1812.4 percent plus or minus 3.1
- Population 65 and over105 plus or minus 36
- Share 65 and over23.3 percent plus or minus 6.3
- Households217 plus or minus 53
- Family households139 plus or minus 39
- Share of households that are families64.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama
Income and work in Panama
- Median household income$60,865
- Per capita income$31,300
- Civilian labor force234 plus or minus 55
- Employed229 plus or minus 54
- Unemployed5 plus or minus 6
- Unemployment rate2.1 percent plus or minus 2.5
- Adults 25 and over342 plus or minus 77
- Adults 25 and over with a high school diploma or higher88.9 percent plus or minus 27.5
- Adults 25 and over with a bachelor degree or higher19.9 percent plus or minus 6.4
- Adults 25 and over with a graduate degree11.7 percent plus or minus 6.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama
Housing in Panama
- Housing units236 plus or minus 55
- Occupied units217 plus or minus 53
- Vacant units19 plus or minus 15
- Vacancy rate8.1 percent plus or minus 6.1
- Owner occupied120 plus or minus 31
- Renter occupied97 plus or minus 42
- Ownership rate55.3 percent
- Median owner-occupied home value$105,400
- Median gross rent, monthly$785
- Annual rent as a share of median income15.5 percent
- Single family units114 plus or minus 27
- Share single family48.3 percent
- Units in buildings of two or more102 plus or minus 46
- Share in buildings of two or more43.2 percent plus or minus 16.5
- Mobile homes20 plus or minus 15
- Median year structure built1965
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama
How Panama gets to work
- Workers 16 and over who commute215 plus or minus 53
- Commuting under 15 minutes53 plus or minus 27
- Share commuting under 15 minutes24.7 percent plus or minus 10.8
- Commuting 30 minutes or more57 plus or minus 32
- Share commuting 30 minutes or more26.5 percent plus or minus 13.4
- Drove alone73.9 percent
- Carpooled20.4 percent plus or minus 11.9
- Public transport0.0 percent
- Walked0.4 percent plus or minus 1.3
- Worked from home4.9 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Panama
SBA 7(a) lending to Panama borrowers
- Approvals4
- Gross approval$492,800
- Average approval$123,200
- Median approval$50,000
- Ninetieth percentile approval$375,000
- Largest approval$375,000
- Jobs supported14
- Jobs per approval3.5
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Panama
Flood programme status in Panama
- Listed NFIP communities1
- Of those, participating1
- NFIP community number360143
- Currently effective map date03/01/78
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Chautauqua County, not Panama
Chautauqua County context, not Panama figures
These are Chautauqua County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Panama measurements.
- Establishments in Chautauqua County2,695
- Employment at those establishments, Chautauqua County37,679
- Covered employment, Chautauqua County46,319
- Average annual pay, Chautauqua County$52,960
- Average weekly wage, Chautauqua County$1,018
- Housing units permitted, Chautauqua County125
- Of those, single family, Chautauqua County123
- County product, 2024, Chautauqua County$6,275,017,000
- County product change over the prior year, Chautauqua County7.1 percent
- Average income of an arriving household, Chautauqua County$54,537
Every figure in this section is published for Chautauqua County as a whole and is not a measurement of Panama. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Panama questions, answered from the record.
How many people live in Panama, New York?
451, in 217 households. Panama village covers 2.21 square miles of land, which is 204 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Panama in?
Chautauqua County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Panama?
$60,865. The median owner-occupied home is valued at $105,400. Median gross rent is $785 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Panama businesses?
4 7(a) approvals totalling $492,800, across 2 lenders, median approval $50,000. These count approvals to borrowers whose address is in Panama, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Panama borrowers get paid back?
No rate is published for Panama. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Panama in the National Flood Insurance Program?
Yes. Panama appears in the FEMA Community Status Book as community 360143, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Panama figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Chautauqua County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Panama.
Is zoning published for Panama?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.