Panama, NE Population

Overview

254

Total Population

50.1

Median age

55.91%

Female population %

78.9:100

Gender ratio (M:F)

60-64 years

Largest age group

48.5

Total dependency ratio

White

Largest racial group

3

Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

TABLE OF CONTENTS

Age

Panama's population is old compared to the rest of the country:

The median age in Panama is 50.1, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
Panama's population under 18 was 22.44%, compared to the 22.51% nationwide.
Panama's elderly or the senior population (over 65 age) was 17.32% as compared to 16.04% nationwide.
Of the total population in Panama, 15.35% were under the age of 15, 18.50% aged 15 to 29, 48.82% aged 30 to 64, 14.17% aged 65 to 84, and 3.15% were 85 years of age and older.

There are 30 more females than males in Panama:

The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 55.91% females and 44.09% males in Panama, NE.
The Panama, NE gender ratio is 78.9:100 i.e. 78.9 men to 100 women (0.789).
For male population, the largest age group is 50-54 years with a population of 16.
For the female population, the largest age group is 60-64 years with a population of 30.

Panama's population is moderately diverse:

Racial distribution of Panama population: 87.80% are White, 3.54% are Black or African American, 1.18% are some other race and 7.48% are multiracial.
Panama's racial breakdown clearly shows that there is an absolute majority of White population in the village.
By ethnicity, 3 is Hispanic or Latino (of any race), and 251 (98.82% of the total population) is Non-Hispanic.
The largest racial group in Panama is White with a population of 223 (87.80% of the total population).

Panama's population has already reached its peak and is showing a trend of decline:

The peak population was 278 in the year 2014
From 2000 to 2010, Panama's population increased by 1 (0.39%), as compared to the national growth of 9.63%.
From 2010 to 2020, Panama's population decreased by 21 (8.17%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
Between the year 2000 and 2022, Panama's population was lowest in year 2022 at 231.