Panama, NY Demographics

A map of Panama's Population by Race

Race	2024 Pop	2020 Pop	2024 %	2020 %
White	438	428	97.1%	90.1%
Hispanic	6	15	1.3%	3.2%
Multiracial	6	20	1.3%	4.2%
Native American/Other	1	7	0.2%	1.5%
Black	0	4	0.0%	0.8%
Asian	0	1	0.0%	0.2%

Panama, New York has an estimated population of 451, a decrease from the 475 recorded in the 2020 Census. The population is 97.1% White, 1.3% Hispanic, 1.3% Multiracial, 0.2% Native American/Other, 0.0% Black, and 0.0% Asian. This demographic dot map shows the population of Panama, with one dot drawn for each person counted by the Census, color-coded by race.

Panama has become considerably less racially diverse since the 2020 Census. It is considerably less diverse than New York overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Panama, that probability was 18.5% in 2020 and 5.7% in the most recent ACS estimates.

Panama is ranked the 1088th most populous place in New York, out of 1,291 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Panama was ranked the 1077th most populous place in the 2020 Census.

Panama's White Population

438 residents of Panama, or 97.1% of the population, identify as White. The share of White residents in Panama is significantly higher than in New York overall, where 52.8% of the population is White. Panama ranks 428th statewide in terms of White residents as a share of the population, out of 1,291 places.

Since the 2020 Census, Panama's White population has grown by an estimated 2.3%. White residents' share of Panama's population has increased from 90.1% to 97.1%.

Panama is more White than neighboring Bear Lake (84.1% White), Bemus Point (91.1% White), Chautauqua (76.5% White), Sherman (89.3% White), and Columbus (90.5% White).

Panama's Black Population

0 residents of Panama, or 0.0% of the population, identify as Black. The share of Black residents in Panama is considerably lower than in New York overall, where 13.4% of the population is Black. Panama ranks 842nd statewide in terms of Black residents as a share of the population, out of 1,291 places.

Since the 2020 Census, Panama's Black population has declined by an estimated 100.0%. Black residents' share of Panama's population has decreased from 0.8% to 0.0%.

Panama is less Black than neighboring Bemus Point (2.1% Black), Chautauqua (8.8% Black), and Sherman (0.5% Black).

Panama's Asian Population

0 residents of Panama, or 0.0% of the population, identify as Asian. The share of Asian residents in Panama is lower than in New York overall, where 9% of the population is Asian. Panama ranks 1090th statewide in terms of Asian residents as a share of the population, out of 1,291 places.

Since the 2020 Census, Panama's Asian population has declined by an estimated 100.0%. Asian residents' share of Panama's population has remained roughly unchanged at 0.0%.

Panama is less Asian than neighboring Sherman (1% Asian).

Panama's Hispanic Population

6 residents of Panama, or 1.3% of the population, identify as Hispanic. The share of Hispanic residents in Panama is significantly lower than in New York overall, where 19.8% of the population is Hispanic. Panama ranks 840th statewide in terms of Hispanic residents as a share of the population, out of 1,291 places.

Since the 2020 Census, Panama's Hispanic population has declined by an estimated 60.0%. Hispanic residents' share of Panama's population has decreased from 3.2% to 1.3%.

Panama is more Hispanic than neighboring Bemus Point (0% Hispanic), and Sherman (0.3% Hispanic). Panama is less Hispanic than neighboring Bear Lake (9.8% Hispanic), Chautauqua (1.7% Hispanic), and Columbus (5.9% Hispanic).

Panama's Native American/Other Population

1 residents of Panama, or 0.2% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Panama is comparable to the share in New York overall, where 1.2% of the population is Native American/Other. Panama ranks 105th statewide in terms of Native American/Other residents as a share of the population, out of 1,291 places.

Since the 2020 Census, Panama's Native American/Other population has declined by an estimated 85.7%. Native American/Other residents' share of Panama's population has decreased from 1.5% to 0.2%.

Panama is more Native American/Other than neighboring Bear Lake (0% Native American/Other). Panama is less Native American/Other than neighboring Bemus Point (6.8% Native American/Other), Chautauqua (12.9% Native American/Other), Sherman (2.5% Native American/Other), and Columbus (0.8% Native American/Other).

Panama's Multiracial Population

6 residents of Panama, or 1.3% of the population, identify as Multiracial. The share of Multiracial residents in Panama is slightly lower than in New York overall, where 3.8% of the population is Multiracial. Panama ranks 410th statewide in terms of Multiracial residents as a share of the population, out of 1,291 places.

Since the 2020 Census, Panama's Multiracial population has declined by an estimated 70.0%. Multiracial residents' share of Panama's population has decreased from 4.2% to 1.3%.

Panama is more Multiracial than neighboring Bemus Point (0% Multiracial), and Chautauqua (0% Multiracial). Panama is less Multiracial than neighboring Bear Lake (6.1% Multiracial), Sherman (6.3% Multiracial), and Columbus (2.9% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.