Natural Disasters in Panama, IA

Hazard risk, disaster history, and FEMA data

Natural Hazard Risk

Source: FEMA National Risk Index

Risk Score

22.8

Very Low

Expected Annual Loss

44.5

Score (0-100)

Social Vulnerability

10.6

Score (0-100)

Community Resilience

87.4

Score (0-100)

Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.

Disaster History & Federal Spending

Source: FEMA

Total Declarations

20

Public Assistance

$1.3M

Individual Assistance

$39K

Most Common Type

Severe Storm

8 declarations

DisasterTypeDatePA $IA $
Severe Storms, Tornadoes, and Flooding →Severe StormMay 2024$133K—
Severe Storms and Tornadoes →TornadoMay 2024$411K$985
Covid-19 Pandemic →BiologicalMar 2020$80K—
Covid-19 →BiologicalMar 2020——
Severe Storms and Flooding →FloodMar 2019$382K$10K
Severe Storms, Tornadoes, Straight-line Winds, and Flooding →Severe StormAug 2014$216K—
Severe Storms, Flooding, and Tornadoes →Severe StormJul 2010$31K$21K
Severe Winter Storm →Severe StormMar 2010$65K—
Severe Winter Storms and Snowstorm →Severe StormFeb 2010——
Severe Storms, Flooding, and Tornadoes →Severe StormMay 2007—$3K
Snow →SnowstormMar 2007——
Hurricane Katrina Evacuation →HurricaneSep 2005——
Severe Storms, Tornadoes, and Flooding →Severe StormMay 2004—$4K
Severe Storms, Tornadoes and Flooding →FloodJul 1998——
Severe Storms, and Flooding →Severe StormAug 1996——
Severe Storms & Flooding →FloodJul 1993——
Ice Storm →Severe Ice StormDec 1991——
Severe Storms & Flooding →FloodMay 1990——
Severe Storms & Flooding →FloodSep 1972——
Flooding →FloodApr 1965——

PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).

Flood Insurance (NFIP)

Source: FEMA NFIP

Total Claims

15

Total Claims Paid

$257,666

Avg Claim Payout

$17,178

County-level NFIP data from FEMA National Flood Insurance Program.

Hazard Mitigation

Source: FEMA Hazard Mitigation Assistance

Mitigation Projects

10

Federal Funding

$2,653,706

Avg Benefit-Cost Ratio

1.18

BCR

Top Mitigation Project Types

Project TypeProjectsFederal $
400.1: Utility Protective Measures (Electric, Gas, etc.)3$2,261,318
91.5: Local Multijurisdictional Multihazard Mitigation Plan - UPDATE2$60,372
91.1: Local Multihazard Mitigation Plan2$305,000
200.1: Acquisition of Private Real Property (Structures and Land) - Riverine2$9,451
500.1: Flood Control - Floodwall1$17,565

Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.

Panama has a very low overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are drought, hail, landslide. The area has had 20 federal disaster declarations. The most common disaster type is severe storm (8 declarations). 15 flood insurance claims have been filed in the area. FEMA has obligated $1,317,691 in public assistance recovery funding. $38,681 has been distributed in individual assistance to disaster-affected residents. 10 hazard mitigation projects have been funded to reduce future risk.