Panama employment information

IndexPanamaNew YorkNational
Income per capita$19,631$32,829$28,555
Median household income$38,333$58,687$53,482
Median income owner occupied$50,536$81,101$68,142
Median income renter occupied$24,375$37,422$33,219
Median earnings male$32,778$39,569$36,116
Median earnings female$20,875$30,512$25,692
Unemployment rate8.8%5.6%5.8%
Poverty level8.5%15.6%15.6%

Did you know?

  • The income per capita in Panama is 31% lower than the national average.
  • The median household income in Panama is 28% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Panama is 51% higher than the national average.
  • The poverty level in Panama is 45% lower than the national average.

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Compare Panama, NY Employment To Other Cities

Employment status

Hours worked per week

Panama median earnings by income bracket

Panama employment by industry

Labour TypeMaleFemale
Construction industry6.7%2.4%
Manufacturing sector33.7%0.0%
Financial & insurance services1.9%2.4%
Wholesale & retail services6.7%15.3%
Public administration2.9%8.2%
Transportation, warehousing & utilities3.8%0.0%
Education, health & social services19.2%43.5%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Chautauqua, NY559$89,42367%
Jamestown West, NY2,146$61,60715%
Sugar Grove, PA601$56,0715%
Busti, NY514$51,8753%
Columbus, PA754$51,7193%
Panama, NY492$38,33328%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Sardis, OH492$41,00023%
Bancroft, NE492$36,87531%
Edgewood, IL492$40,00025%
Lafayette, MN492$49,4328%
Cairo, OH492$46,14614%
Panama, NY492$38,33328%
Source: The Panama, NY employment data displayed above is derived from the United States Census Bureau.