Panama, NY Employment

C-
21%
Income/capita NAT. AVG.
17%
Household income NAT. AVG.
74%
Unemployment NAT. AVG.
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IndexPanamaNew YorkNational
Income per capita$23,551$34,212$29,829
Median household income$45,938$60,741$55,322
Median income owner occupied$55,417$83,277$70,586
Median income renter occupied$28,750$38,983$35,192
Median earnings male$38,750$40,464$36,919
Median earnings female$21,000$30,906$26,250
Unemployment rate1.2%4.8%4.7%
Poverty level7.3%15.5%15.1%
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Key findings

  • The income per capita in Panama is 21% lower than the national average
  • The median household income in Panama is 17% lower than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Panama is 74% lower than the national average
  • The poverty level in Panama is 51% lower than the national average

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      am i middle class

      $
      Input your household income
      $30,622 $45,938 $91,876
      City
      $40,489 $60,741 $121,482
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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      Panama median earnings by income bracket

      Panama employment by industry

      Labour TypeMaleFemale
      Construction industry21.2%21.2%
      Manufacturing sector26.9%26.9%
      Financial & insurance services0.0%0.0%
      Wholesale & retail services1.9%1.9%
      Public administration7.7%7.7%
      Transportation, warehousing & utilities4.8%4.8%
      Education, health & social services13.5%13.5%
      Other24.0%24.0%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Mayville, NY1,436$66,69120.6%
      Jamestown West, NY2,421$65,07617.6%
      Sugar Grove, PA629$62,96913.8%
      Busti, NY223$61,88811.9%
      Bear Lake, PA230$60,5479.4%
      Panama, NY409$45,93817.0%

      Cities with similar population

      City Population Household Income National Avg.
      Sulphur Springs, IN409$37,81331.6%
      Sturgeon Lake, MN409$67,08321.3%
      Lewiston Woodville, NC409$36,61333.8%
      West Wildwood, NJ409$51,7506.5%
      Green Lane, PA409$46,87515.3%
      Panama, NY409$45,93817.0%
      Source: The Panama, NY employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).
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