Panama, NY Real Estate
According to census data in the year 2000 there were 209 housing units in Panama.
This represents a 8.3% growth from 193 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 209 were located in what is classified as a rural area.
Homeownership rate in Panama is about 74.3%.
Panama's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Panama were built after 1946.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.8|
|Median year structure was built||1939|
|Median Value of occupied units||$62,700|
Rented Homes, Apartments and Condos
|Average Household Size||1.86|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$425|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.4%|