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Panama, IA

245 Population
0.3 square miles 840.9 people per square mile

Census data: ACS 2024 5-year unless noted

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Demographics

36.7 ±6.6 Median age
  • about 80 percent of the figure in Shelby County: 44.3 ±0.7
  • a little less than the figure in Iowa: 38.6 ±0.2
  • a little less than the figure in United States: 38.9 ±0.1

Economics

$44,847 ±$11,106 Per capita income
  • about 10 percent higher than the amount in Shelby County: $40,510 ±$2,800
  • about 10 percent higher than the amount in Iowa: $40,877 ±$247
  • about the same as the amount in United States: $44,673 ±$122
$63,125 ±$62,459 Median household income
  • about 90 percent of the amount in Shelby County: $72,738 † ±$9,091
  • about 80 percent of the amount in Iowa: $75,059 ±$418
  • about 80 percent of the amount in United States: $80,734 ±$166

7.4% ±3.6% (18  ±12) Persons below poverty line
  • a little less than the rate in Shelby County: 7.6% † 882 (±1.8% / ±202)
  • about two-thirds of the rate in Iowa: 11.1% 344,519 (±0.2% / ±6,799)
  • about three-fifths of the rate in United States: 12.5% 40,735,660 (±0.1% / ±275,861)

17.5 minutes ±2.6 (2,410  ±1,128) Mean travel time to work
  • a little less than the figure in Shelby County: 18.5 91,365 (±1.5 / ±9,733)
  • about 90 percent of the figure in Iowa: 19.8 28,362,076 (±0.1 / ±233,595)
  • about two-thirds of the figure in United States: 26.4 3,569,606,700 (±0 / ±5,719,373)

Families

113 ±47 Number of households
  • Shelby County: 4,882 ±155
  • Iowa: 1,315,707 ±3,984
  • United States: 129,227,496 ±209,365
2.2 ±0.4 (245  ±111) Persons per household
  • about 90 percent of the figure in Shelby County: 2.4 11,557 (±0.1 / ±14)
  • about 90 percent of the figure in Iowa: 2.4 3,111,021
  • about 90 percent of the figure in United States: 2.5 326,722,430

N/A Women 15-50 who gave birth during past year

Housing

120 ±47 Number of housing units
  • Shelby County: 5,441 ±34
  • Iowa: 1,437,699 ±523
  • United States: 143,775,360 ±10,234

$142,200 ±$64,614 Median value of owner-occupied housing units
  • about 90 percent of the amount in Shelby County: $164,000 ±$7,530
  • about two-thirds of the amount in Iowa: $208,000 ±$1,141
  • about two-fifths of the amount in United States: $332,700 ±$236

0.4% ±7.1% (1  ±17.4) Moved since previous year
  • less than 10 percent of the rate in Shelby County: 8.9% † 1,049 (±2.2% / ±261.5)
  • less than 10 percent of the rate in Iowa: 12.9% 408,833 (±0.3% / ±7,883.1)
  • less than 10 percent of the rate in United States: 12.3% 40,747,183 (±0% / ±136,530.8)

Social

98.1% ±55.8% (157  ±59.3) High school grad or higher
  • a little higher than the rate in Shelby County: 95.4% 7,805 (±5% / ±413.3)
  • a little higher than the rate in Iowa: 93.3% 2,008,851 (±0.4% / ±9,325.6)
  • about 10 percent higher than the rate in United States: 89.6% 206,814,894 (±0.1% / ±283,951.7)
13.8% ±13.8% (22  ±24) Bachelor's degree or higher
  • about three-fifths of the rate in Shelby County: 24.1% † 1,970 (±2.8% / ±232.3)
  • about two-fifths of the rate in Iowa: 31.4% 676,908 (±0.3% / ±5,442.9)
  • about two-fifths of the rate in United States: 35.7% 82,363,217 (±0.1% / ±182,857.7)

N/A Persons with language other than English spoken at home

N/A Foreign-born population

5.7% ±4.6% (10  ±9) Population with veteran status
  • about two-thirds of the rate in Shelby County: 8.6% † 784 (±1.5% / ±132)
  • about 90 percent of the rate in Iowa: 6.5% 160,571 (±0.1% / ±2,289)
  • about 90 percent of the rate in United States: 6.2% 16,185,883 (±0% / ±45,251)
10 Total veterans ±9 9 Male ±10 1 Female ±2

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