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Panama, Nebraska, in Lancaster county, is 16 miles SE of Lincoln, Nebraska (center to center) and 54 miles SW of Omaha, Nebraska. The village is considered part of the Lincoln metropolitan area. Panama has a population of 253.
In Panama, about 78% of adults are married.
In 2000, Panama had a median family income of $50,625.
About 78% of housing units in Panama are owner-occupied.
In Panama, 94% of commuters drive to work.
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