Panama, IL
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Panama, IL: Quick Facts & Overview
- Population: 420 residents (231 people per sq. mi.)
- Average House Price: $49,516
- Average Household Income: $72,917
Panama, IL is located in the state of Illinois. It is home to about 420 people, with around 231 residents living in every square mile.
If you want to buy a house in Panama, the average price is around $49,516. That makes local housing 75% lower than the Illinois average of $198,645, and 84% lower than the national average of $308,592.
The average household in Panama earns about $72,917 a year. This income is 9% lower than the average family in Illinois ($80,056), and 7% lower than the national average ($78,686).
Population
420
Median Household Income
$72,917
Median Home Value
$49,516
Median Age
40.3 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $29,500 |
| Labor Force Participation | 60.6% |
| Unemployment Rate | 6.6% |
| Average Commute Time | 29.8 mins |
Housing & Community Metrics
| Home Ownership Rate | 92.4% |
| Median Rent | $970 |
| Rent Burdened (>30% Income) | 19.0% |
| Total Housing Units | 172 |
Additional Census & Housing Profile
Geographic Overview
| County | Montgomery |
| County FIPS | 17135 |
| Metro Area (CBSA) | - |
| Population Density | 230.7/sq mi |
| Coordinates (lat/lng) | 39.0290, -89.5246 |
| Timezone | America/Chicago |
| National Ranking | 3 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.83 |
| Dual Income Families | 52.8% |
Marital Status
| Married | 55.9% |
| Never Married | 23.6% |
| Divorced | 14.6% |
| Widowed | 5.9% |
Gender
| Male | 48.6% |
| Female | 51.4% |
Health & Poverty
| Uninsured Rate (Health) | 4.3% |
| Poverty Rate | 9.5% |
Key Population Groups
| Veterans | 9.8% |
| Disabled Population | 21.2% |
| Limited English Proficiency | - |
All ZIP Codes in Panama
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 62077 | 420 | $72,917 | $49,516 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Donnellson, IL | 2.6 miles | 129 |
| Sorento, IL | 3.3 miles | 472 |
| Walshville, IL | 5.8 miles | 158 |
| Taylor Springs, IL | 7.2 miles | 633 |
| Coffeen, IL | 8.3 miles | 592 |
| New Douglas, IL | 8.7 miles | 346 |
| Old Ripley, IL | 9.8 miles | 125 |
| Schram City, IL | 9.9 miles | 578 |
| Hillsboro, IL | 10.5 miles | 5,803 |
| Mount Olive, IL | 11.3 miles | 1,872 |
| Butler, IL | 11.6 miles | 194 |
| Greenville, IL | 12.2 miles | 7,235 |
| Litchfield, IL | 12.8 miles | 6,834 |
| Lake Ka-Ho, IL | 12.9 miles | 235 |
| Williamson, IL | 13.1 miles | 160 |
| White City, IL | 13.2 miles | 244 |
| Livingston, IL | 13.5 miles | 884 |
| Smithboro, IL | 13.6 miles | 164 |
| Irving, IL | 13.8 miles | 355 |
| Pocahontas, IL | 14.2 miles | 843 |
| Staunton, IL | 14.4 miles | 4,298 |
| Fillmore, IL | 14.5 miles | 241 |
| Alhambra, IL | 15 miles | 658 |
| Eagarville, IL | 15 miles | 155 |
| Sawyerville, IL | 15.3 miles | 200 |
| Benld, IL | 15.5 miles | 1,495 |
| Mulberry Grove, IL | 15.6 miles | 765 |
| Grantfork, IL | 15.8 miles | 459 |
| Mount Clare, IL | 16.9 miles | 292 |
| Gillespie, IL | 17.1 miles | 2,815 |
| East Gillespie, IL | 17.2 miles | 367 |
| Pierron, IL | 17.5 miles | 414 |
| Wilsonville, IL | 18 miles | 505 |
| Worden, IL | 18.2 miles | 1,094 |
| Witt, IL | 18.2 miles | 875 |
| Hamel, IL | 19.6 miles | 1,134 |
| Dorchester, IL | 19.9 miles | 182 |
| Raymond, IL | 20.3 miles | 1,030 |
| Highland, IL | 20.4 miles | 10,262 |
| Coalton, IL | 21.3 miles | 357 |
| Marine, IL | 21.6 miles | 1,049 |
| Prairietown, IL | 21.8 miles | 183 |
| Vandalia, IL | 22.5 miles | 5,796 |
| Nokomis, IL | 22.7 miles | 2,147 |
| Harvel, IL | 22.7 miles | 201 |
| Bunker Hill, IL | 22.9 miles | 1,178 |
| Holiday Shores, IL | 23.3 miles | 2,782 |
| Ramsey, IL | 23.6 miles | 1,094 |
| Keyesport, IL | 23.8 miles | 635 |
| St. Rose, IL | 24 miles | 593 |
| Royal Lakes, IL | 24.1 miles | 301 |
| Waggoner, IL | 25 miles | 169 |
| St. Jacob, IL | 25.1 miles | 1,759 |
| Carlinville, IL | 25.5 miles | 5,480 |
| Standard City, IL | 26.2 miles | 182 |
| Morrisonville, IL | 27.4 miles | 926 |
| Moro, IL | 27.9 miles | 524 |
| Shipman, IL | 28.6 miles | 618 |
| Oconee, IL | 28.6 miles | 193 |
| Breese, IL | 28.7 miles | 4,301 |
| Aviston, IL | 28.9 miles | 2,387 |
| Troy, IL | 29 miles | 11,647 |
| Carlyle, IL | 29.3 miles | 2,980 |
| Farmersville, IL | 29.3 miles | 763 |
| Bethalto, IL | 29.4 miles | 9,239 |
| Beckemeyer, IL | 29.7 miles | 993 |
| Nilwood, IL | 29.7 miles | 151 |
| Edwardsville, IL | 29.8 miles | 26,474 |
| Patoka, IL | 29.9 miles | 498 |
| Trenton, IL | 30.3 miles | 2,664 |
| Palmer, IL | 30.3 miles | 241 |
| Brownstown, IL | 30.7 miles | 722 |
| Glen Carbon, IL | 30.9 miles | 13,977 |
| Rosewood Heights, IL | 31 miles | 4,229 |
| Roxana, IL | 31.2 miles | 1,556 |
| Maryville, IL | 31.6 miles | 8,316 |
| Wood River, IL | 31.8 miles | 10,279 |
| Herrick, IL | 31.8 miles | 333 |
| Huey, IL | 31.9 miles | 109 |
| Girard, IL | 32 miles | 1,743 |
| Summerfield, IL | 32.3 miles | 248 |
| South Roxana, IL | 32.5 miles | 2,181 |
| Germantown, IL | 32.7 miles | 1,350 |
| East Alton, IL | 32.9 miles | 5,689 |
| Chesterfield, IL | 33 miles | 201 |
| Brighton, IL | 33.1 miles | 2,306 |
| Lebanon, IL | 33.4 miles | 4,474 |
| Hartford, IL | 33.8 miles | 1,334 |
| Albers, IL | 33.8 miles | 1,280 |
| Bartelso, IL | 34.1 miles | 782 |
| Medora, IL | 34.6 miles | 316 |
| Pana, IL | 34.7 miles | 5,217 |
| Alton, IL | 34.8 miles | 80,162 |
| Mitchell, IL | 35.1 miles | 1,092 |
| New Baden, IL | 35.4 miles | 3,463 |
| Collinsville, IL | 35.5 miles | 24,031 |
| Virden, IL | 35.5 miles | 3,171 |
| Hettick, IL | 35.5 miles | 153 |
| Pontoon Beach, IL | 35.9 miles | 6,025 |
| Owaneco, IL | 35.9 miles | 613 |