Panama, NE


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Panama, NE

About Panama, NE

Living in Panama, NE is an amazing experience. The town is small but very friendly and welcoming. The community is tight knit, and everyone looks out for each other. There are plenty of outdoor activities such as fishing, hunting, ATV trails, and camping to keep you busy throughout the year. The area also boasts excellent schools with a strong emphasis on education. No matter who you are or what your interests are, Panama has something to offer to suit your needs. You'll find yourself surrounded by natural beauty at every turn and immersed in a culture that truly values its people and visitors alike. Capital city/College town - Southeast Nebraska along I-80, 60 miles southwest of Omaha.

Location Details

State: Nebraska
County: Lancaster County
Metro Area: Lincoln Metro Area
City: Panama
Zip Codes: 68419
Cost of Living: -7.4% lower
Time zone: Central Standard Time (CST)
Elevation: 1189 ft above sea level
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Dig Deeper on Panama

The Lincoln, NE metro area is in the heart of Nebraska and serves as the state's capital. Its story begins in the mid-19th century, with its founding tied closely to the westward expansion and the establishment of a strong agricultural base. Named after Abraham Lincoln, the city has grown from its initial roots into a bustling area filled with history and a forward-thinking spirit.

Geographically, Lincoln sits on a vast plain within the Great Plains region, known for its rolling hills and fertile soils, making agriculture a significant part of its surroundings. The climate here swings between hot summers and cold winters, typical of the continental climate, offering residents a taste of all four seasons.

The economy in Lincoln is multi-faceted, with education, healthcare, and government sectors leading the way due to institutions like the University of Nebraska-Lincoln. This university isn't just an educational powerhouse; it's also a major employer and cultural hub. Additionally, manufacturing and agriculture play crucial roles in the local economy, contributing to the area's overall stability and growth.

When it comes to politics, Lincoln presents a more moderate stance compared to the generally conservative leanings of Nebraska. The presence of a large university and a diverse population contributes to a balanced political landscape, with both Republican and Democratic views represented.

Life in Lincoln offers a blend of urban convenience and rural charm. The city is known for its friendly atmosphere and strong community spirit. With numerous parks, trails, and green spaces, residents have ample opportunity for outdoor activities. The cultural scene is lively, with museums, art galleries, and theaters providing enriching experiences. Sports enthusiasts can enjoy college sports events, particularly football, which draws large crowds and fosters a sense of community pride.

New residents should be prepared for the varied climate, embracing both the warm summers and the cold, snowy winters. The cost of living in Lincoln is relatively low, making it an attractive place for families, students, and professionals. The city's focus on education and healthcare ensures access to quality services and opportunities for personal and professional growth.

In summary, living in the Lincoln, NE metro area offers a unique mix of historical richness, economic diversity, and a vibrant community life. It's a place where tradition meets innovation, and where residents can enjoy a high quality of life in a welcoming environment.

Panama Cost of Living
$$$$

College town amenities, educated population, and stable economy make Panama a great place to live.

$226,700
-49.1% lower than avg
$79,904
+13.6% higher than avg
$770 /mo
Monthly rent (2br)
-49.1% lower than avg
Panama Crime
14 / 100
Crime is ranked on a scale of 1 (low) to 100 (high). US average: 35.4
Minimum annual income
To live comfortably in Panama, Nebraska
$43,560
for a family
$34,400
for a single person
Pros & Cons of Panama
   College town amenities
Harsh climate
   Educated population
Crime rates
   Stable economy
Outdoor recreation
Cost of Living
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