Forestville vs Panama

A side-by-side comparison of Forestville and Panama: population, income, housing, and more.

Forestville and Panama are places in New York. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Forestville has the higher population (625 vs 476 in Panama). Panama has the higher median home value ($96,600 vs $95,400 in Forestville). Since 2019, Panama's population has grown faster (+11.7% vs -11.0%).

Population, income & housing

	Forestville	Panama
Population	625	476
Median age	32.8 yrs	48.8 yrs
Median household income	—	$57,250
Median home value	$95,400	$96,600
Median gross rent	$1,059	$742
Housing units	311	228
Homeownership rate	57.8%	63.6%
Bachelor's degree or higher	3.0%	19.4%
Unemployment rate	12.5%	1.8%

Trends (ACS 5-year, 2019–2023)

	Forestville	Panama
Population	702 → 625 (-11.0%)	426 → 476 (+11.7%)
Median household income	$54,028 → $37,917 (-29.8%)	$44,000 → $57,250 (+30.1%)
Median home value	$83,900 → $95,400 (+13.7%)	$82,900 → $96,600 (+16.5%)
Median gross rent	$691 → $1,059 (+53.3%)	$613 → $742 (+21.0%)

Forestville

Population

702625

Median household income

$54,028$37,917

Median home value

$83,900$95,400

Median gross rent

$691$1,059

Panama

Population

426476

Median household income

$44,000$57,250

Median home value

$82,900$96,600

Median gross rent

$613$742

Age & race/ethnicity

Age distribution (share)

	Forestville	Panama
Under 5	0.0%	3.4%
5 to 17	36.0%	13.4%
18 to 24	5.8%	8.6%
25 to 34	11.2%	10.9%
35 to 44	20.8%	9.2%
45 to 54	14.2%	13.0%
55 to 64	4.8%	14.5%
65 to 74	3.2%	12.6%
75 and over	4.0%	14.3%

Race & ethnicity (share)

	Forestville	Panama
White (non-Hispanic)	96.8%	97.5%
Black or African American	1.0%	0.0%
American Indian & Alaska Native	0.0%	0.2%
Asian	0.0%	0.4%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	2.2%	0.8%
Hispanic or Latino	0.0%	1.1%

Educational attainment (age 25+)

Share of adults 25+

	Forestville	Panama
No high school diploma	5.2%	9.0%
High school graduate	39.6%	43.9%
Some college or associate's	52.2%	27.6%
Bachelor's degree	3.0%	8.5%
Graduate or professional degree	0.0%	11.0%

Commute to work

How workers get to work (share)

	Forestville	Panama
Drove alone	100.0%	81.5%
Carpooled	0.0%	13.0%
Public transit	0.0%	0.0%
Walked	0.0%	0.5%
Bicycle	0.0%	0.0%
Worked from home	0.0%	4.2%
Other means	0.0%	0.9%

Housing

Units in structure (share)

	Forestville	Panama
1-unit, detached	75.6%	57.9%
1-unit, attached	0.0%	0.0%
2 to 4 units	12.9%	32.5%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	11.6%	9.6%

Poverty & households

	Forestville	Panama
Poverty rate	11.5%	10.9%
Average household size	2.20	2.31
Mean commute (minutes)	25	24
Median year structure built	1938	1953