Loading Content...
Demographic Analysis of Zip Code 68419: Predominantly White Population in Panama, Nebraska
CATEGORY
Demographics
DATA
Population
Median Income
Racial Distributions
Loading Content...
Demographics
Population
Median Income
Racial Distributions
The zip code 68419 in Panama, Nebraska, is classified as a "Low Diversity" area as of 2022. The population is 96% white, with a total of 74 residents. The median household income is $99,536.
Panama has maintained its "Low Diversity" status over the past decade. The white population has consistently remained above 90%, ranging from 93% to 99%. Minor fluctuations in diversity have occurred, but these do not indicate a significant trend towards increased diversity.
The median household income in Panama has shown notable fluctuations over the past decade. From 2013 to 2019, there was a general upward trend, rising from $77,682 to $110,428. In 2020, it decreased to $99,536, then increased dramatically to $134,948 in 2021, before returning to $99,536 in 2022.
These income fluctuations do not appear to correlate strongly with the minor demographic shifts observed. The community has maintained its high-income status throughout the period, consistently remaining well above the national median household income. Population figures have remained relatively stable, fluctuating between 59 and 92 residents over the decade.
Panama's demographic profile is consistent with many rural Nebraska towns, which have predominantly white populations and have experienced little racial diversification over the past decade. The high median income suggests that this small community may be home to relatively affluent households.
The lack of significant demographic change in Panama contrasts with national trends of increasing diversity. However, the economic volatility observed may reflect broader economic trends such as the impact of the COVID-19 pandemic and subsequent recovery.
In conclusion, Panama has maintained its status as a "Low Diversity" community with a predominantly white population, while experiencing notable economic fluctuations. These changes in income levels, rather than demographic shifts, appear to be the primary dynamic affecting the community's socio-economic landscape over the past decade.
