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Panama town: Median Household Income Trend

How Panama town's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$24,886
2023
$45,489
Total change
+$20,603
% change
+82.8%
Year Median Household Income Change
2017 $24,886
2019 $31,346 +$6,460 (26%)
2020 $39,423 +$8,077 (25.8%)
2021 $41,908 +$2,485 (6.3%)
2022 $44,397 +$2,489 (5.9%)
2023 $45,489 +$1,092 (2.5%)

Other Panama town Trends