Panama, NY

View of Panama, NY
Population
449
U.S. Census Population Estimates Program · 2025
Elevation
1,547 ft
USGS GNIS community points and 3DEP elevation · GNIS 2026-07-06; USGS 3DEP sampled 2026-07-23
Median Home Value
$105,400
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$785/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$60,865
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Panama

Panama is a quiet, close-knit village tucked away in the rolling hills of southwestern Chautauqua County. With fewer than 500 residents, it offers genuine small-town living surrounded by open farmland and scenic woods. The area is best known for Panama Rocks Scenic Park, a popular spot just south of town with towering rock formations and hiking trails winding through deep, mossy crevices. Daily life here moves at a relaxed pace, with neighbors who know each other and a peaceful countryside backdrop.

Relocating to Panama means enjoying rural privacy while staying within easy reach of nearby hubs. For everyday shopping, dining, and services, residents take a quick drive to Lakewood or Jamestown, while Chautauqua Lake provides plenty of boating, fishing, and weekend recreation just up the road. Local children attend the community-centered Panama Central School district, and the surrounding highways make for simple travel throughout the region. It makes an appealing landing spot for anyone seeking breathing room, scenic surroundings, and a down-to-earth atmosphere.

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