Panama is located in Nebraska. Panama, Nebraska has a population of 278. Panama is more family-centric than the surrounding county with 48.53% of the households containing married families with children. The county average for households married with children is 33.12%.
The median household income in Panama, Nebraska is $73,750. The median household income for the surrounding county is $55,747 compared to the national median of $57,652. The median age of people living in Panama is 35.3 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 13.5 degrees. The average rainfall is approximately 31.4 inches per year, with 27.5 inches of snow per year.