Zip 68419 (Panama, NE) Economy


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Panama, NE 68419 is a small town located in Nebraska. The average rent for a 2 bedroom apartment is $1,040 making it much more affordable than the US average of $1,430. The cost of groceries in Panama, NE is also cheaper than the US average as their Grocery Cost Index is 96 compared to 100 in the US. Popular local companies in Panama include Anderson's Ag Services LLC, Beans & Books Cafe & Bakery LLC and Widhalm Custom Builders LLC. In conclusion, Panama offers affordable rental rates and grocery prices making it an ideal place to live and work.

Panama (zip 68419) has an unemployment rate of 2.9%. The US average is 6.0%.

Panama (zip 68419) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 31.0%, which is lower than the US average of 33.5%.

Tax Rates for Panama (zip 68419)
- The Sales Tax Rate for Panama (zip 68419) is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Panama (zip 68419) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Panama (zip 68419)
- The average income of a Panama (zip 68419) resident is $27,805 a year. The US average is $28,555 a year.
- The Median household income of a Panama (zip 68419) resident is $79,904 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPanama, NebraskaUnited States
  2.96
  -2.2%-6.2%
  31.0%33.5%
  5.5%6.2%
  6.8%4.6%
  $42,672$37,638
  $79,904$69,021
  $108,750$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  8.3%6.8%
  3.6%10.0%
  2.4%2.5%
  7.1%11.0%
  2.4%4.8%
  1.2%0.8%
  6.0%1.9%
  6.0%4.7%
  0.6%1.9%
  4.8%7.6%
  0.0%0.1%
  1.2%4.2%
  13.1%9.3%
  6.5%14.0%
  0.6%2.1%
  6.0%7.0%
  12.5%4.8%
  16.7%4.7%
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