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Panama, IA

Comprehensive demographics, housing data, local amenities, and economic statistics for Panama.

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Community Insights

Leading Industries
Construction · Agriculture & Mining · Finance & Insurance
14% construction
Home Value Growth⬆⬆⬆
+30.6% over 2 years
Family-Friendly
26% of residents
above average nationally
Homeowners
81% of occupied units

People & Demographics

Total Population230
Households
Under 18
26.0%
Age 18–34
22.0%
Age 35–64
33.0%
Age 65+
19.0%
Veterans
7.0%
Active Duty
0.0%

Housing & Living

Median Home Value$166,700
Median Gross Rent$851/mo
Owner Occupied
80.6%
Renter Occupied
19.4%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$77,257
Poverty Rate

Key Industries

Healthcare6.0%
Professional Services1.0%
Manufacturing0.0%
Retail12.0%
Education0.0%

Amenities & Transit

Transit Score76 / 100
Walkability / Amenities44 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
14.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Panama?

The total population of Panama is approximately 230. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Panama walkable and transit-friendly?

Based on local geographic data, Panama has an amenity and walkability score of 44/100 and a transit score of 76/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Panama?

The housing market in Panama is predominantly driven by homeowners, with 81% of housing units being owner-occupied and 19% being renter-occupied.

What is the education level of residents in Panama?

In Panama, approximately 14% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.