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Panama, Nebraska

village · Lancaster County

At a glance

232
Population
$197,800
Median home value (all homes)
35% below U.S. median
$281,281
Typical market value
Zillow, 2026-07
$1,313/mo
Median rent
3% below U.S. median
$94,514
Median household income
20% above U.S. median
33.8 min
Average commute
93.2%
Homes with broadband
0%
Locations with fiber available
3.5%
Unemployment

Cost of living (Clay Affordability Index)

CAI 89 — 11% below the national average. how it's computed

Housing17% below
Goods & services6% below
Utilities2% below
Taxes30% below
Insurance7% below
Commute cost21% above
For business: Nebraska is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college14 mi
Nearest community college13 mi
Nearest technical college10 mi
High school graduates95.3%
College graduates12.8%

Doing business here

Economic development contacts, most local first:

state Nebraska Dept. of Economic Development
Our mission is to provide quality leadership and services that enable Nebraska’s communities, businesses, and people to succeed in a global economy, with programs and resources for starting and growing a business, housing, and economic recovery.
state Union Pacific Railroad Industrial Dev
Union Pacific's Industrial Development team provides guidance and rail project management to help businesses build, expand, or locate rail-served sites on Union Pacific’s expansive network, connecting them to the global economy.
State sales taxYes
State income taxYes
Right-to-work stateYes

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