Panama, NE Real Estate
According to census data in the year 2000 there were 104 housing units in Panama.
This represents a 33.3% growth from 78 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 104 were located in what is classified as a rural area.
Homeownership rate in Panama is about 78.2%.
Panama's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Panama were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.75|
|Median year structure was built||1951|
|Median Value of occupied units||$87,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1955|
|Median Monthly Rent asked for vacant units||$850|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||17.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||17.5%|