Panama, IN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Panama, IN: Quick Facts & Overview
- Population: 18,572 residents (53 people per sq. mi.)
- Average House Price: $231,962
- Average Household Income: $74,569
Panama, IN is located in the state of Indiana. It is home to about 18,572 people, with around 53 residents living in every square mile.
If you want to buy a house in Panama, the average price is around $231,962. That makes local housing 19% higher than the Indiana average of $195,725, and 25% lower than the national average of $308,592.
The average household in Panama earns about $74,569 a year. This income is 1% higher than the average family in Indiana ($73,687), and 5% lower than the national average ($78,686).
Population
18,572
Median Household Income
$74,569
Median Home Value
$231,962
Median Age
40.2 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $34,122 |
| Labor Force Participation | 61.5% |
| Unemployment Rate | 5.7% |
| Average Commute Time | 19.3 mins |
Housing & Community Metrics
| Home Ownership Rate | 72.2% |
| Median Rent | $936 |
| Rent Burdened (>30% Income) | 25.4% |
| Total Housing Units | 7,261 |
Additional Census & Housing Profile
Geographic Overview
| County | Steuben |
| County FIPS | 18151 |
| Metro Area (CBSA) | Angola, IN |
| Combined Area (CSA) | Fort Wayne-Huntington-Auburn, IN |
| Population Density | 53.3/sq mi |
| Coordinates (lat/lng) | 41.7064, -85.1075 |
| Timezone | America/Indiana/Indianapolis |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 2.89 |
| Dual Income Families | 53.5% |
Marital Status
| Married | 46.8% |
| Never Married | 34.3% |
| Divorced | 11.9% |
| Widowed | 6.9% |
Gender
| Male | 52.8% |
| Female | 47.2% |
Health & Poverty
| Uninsured Rate (Health) | 5.9% |
| Poverty Rate | 12.3% |
Key Population Groups
| Veterans | 7.7% |
| Disabled Population | 14.9% |
| Limited English Proficiency | 0.2% |
All ZIP Codes in Panama
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 46703 | 18,572 | $74,569 | $231,962 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Jimmerson Lake, IN | 2.3 miles | 1,024 |
| Orland, IN | 3.7 miles | 434 |
| Snow Lake, IN | 4.2 miles | 519 |
| Wall Lake, IN | 5 miles | 181 |
| Otter Lake, IN | 5.7 miles | 216 |
| Angola, IN | 6.9 miles | 9,408 |
| Fremont, IN | 8.8 miles | 2,112 |
| Wildwood, IN | 8.9 miles | 116 |
| Mongo, IN | 9 miles | 246 |
| Stroh, IN | 9.9 miles | 238 |
| Pleasant Lake, IN | 10.2 miles | 829 |
| Hudson, IN | 12.1 miles | 610 |
| Bronson, MI | 12.3 miles | 2,083 |
| Ashley, IN | 13 miles | 1,230 |
| Clear Lake, IN | 14 miles | 462 |
| Ontario, IN | 14.2 miles | 301 |
| Burr Oak, MI | 14.7 miles | 818 |
| South Milford, IN | 14.7 miles | 284 |
| Hamilton, IN | 15 miles | 1,939 |
| Adams Lake, IN | 15.6 miles | 286 |
| Cree Lake, IN | 16.2 miles | 173 |
| Montgomery, MI | 16.3 miles | 301 |
| Howe, IN | 16.4 miles | 1,092 |
| Lagrange, IN | 16.5 miles | 2,790 |
| Sturgis, MI | 17.3 miles | 11,054 |
| Coldwater, MI | 17.5 miles | 13,671 |
| Wolcottville, IN | 18.3 miles | 1,143 |
| Camden, MI | 18.4 miles | 608 |
| Corunna, IN | 18.8 miles | 128 |
| Waterloo, IN | 19.3 miles | 2,073 |
| Kendallville, IN | 19.7 miles | 10,556 |
| Nettle Lake, OH | 19.7 miles | 180 |
| Rome City, IN | 19.9 miles | 1,182 |
| Quincy, MI | 20 miles | 1,484 |
| Edon, OH | 20.3 miles | 773 |
| Colon, MI | 20.7 miles | 1,570 |
| Reading, MI | 20.7 miles | 947 |
| Sherwood, MI | 21.4 miles | 388 |
| Butler, IN | 22.8 miles | 2,660 |
| Brimfield, IN | 23 miles | 281 |
| Scott, IN | 23.3 miles | 137 |
| Auburn, IN | 23.6 miles | 13,565 |
| Lake Seneca, OH | 23.7 miles | 532 |
| Cambria, MI | 24.2 miles | 128 |
| Shipshewana, IN | 24.3 miles | 822 |
| Garrett, IN | 24.5 miles | 6,642 |
| Avilla, IN | 24.5 miles | 2,878 |
| Altona, IN | 24.6 miles | 415 |
| Allen, MI | 24.7 miles | 170 |
| Union City, MI | 24.9 miles | 1,940 |
| Topeka, IN | 25.5 miles | 1,137 |
| Edgerton, OH | 25.6 miles | 2,049 |
| Shipshewana Lake, IN | 25.8 miles | 365 |
| Centreville, MI | 26.2 miles | 1,565 |
| Albion, IN | 26.8 miles | 2,723 |
| Athens, MI | 27.1 miles | 1,134 |
| Mendon, MI | 27.5 miles | 815 |
| Tekonsha, MI | 27.6 miles | 575 |
| Burlington, MI | 27.6 miles | 264 |
| Montpelier, OH | 27.7 miles | 3,905 |
| White Pigeon, MI | 28.6 miles | 1,760 |
| Hillsdale, MI | 28.7 miles | 8,002 |
| Pioneer, OH | 28.7 miles | 1,024 |
| St. Joe, IN | 29.1 miles | 411 |
| Laotto, IN | 29.1 miles | 220 |
| Litchfield, MI | 29.3 miles | 1,566 |
| Jonesville, MI | 29.5 miles | 2,319 |
| Constantine, MI | 30.1 miles | 2,154 |
| Ligonier, IN | 30.3 miles | 4,347 |
| Spencerville, IN | 30.8 miles | 244 |
| Middlebury, IN | 31.1 miles | 3,700 |
| Kimmell, IN | 31.4 miles | 604 |
| Three Rivers, MI | 31.5 miles | 7,943 |
| Kunkle, OH | 32 miles | 244 |
| Wolflake, IN | 32.6 miles | 353 |
| Millersburg, IN | 32.8 miles | 1,077 |
| Bryan, OH | 33.2 miles | 8,631 |
| Hicksville, OH | 33.5 miles | 3,174 |
| Cromwell, IN | 33.5 miles | 631 |
| Merriam, IN | 33.5 miles | 268 |
| Bear Lake, IN | 33.8 miles | 144 |
| Huntertown, IN | 33.9 miles | 11,379 |
| Leo-Cedarville, IN | 33.9 miles | 3,695 |
| Homer, MI | 34 miles | 1,610 |
| Pittsford, MI | 34.2 miles | 707 |
| Churubusco, IN | 34.6 miles | 1,757 |
| Alvordton, OH | 34.8 miles | 190 |
| Grabill, IN | 35.1 miles | 1,108 |
| North Adams, MI | 35.1 miles | 435 |
| Waldron, MI | 35.5 miles | 603 |
| Enchanted Hills, IN | 35.8 miles | 1,039 |
| West Unity, OH | 35.9 miles | 1,812 |
| Tri-Lakes, IN | 36 miles | 1,025 |
| Big Lake, IN | 36.1 miles | 445 |
| Vicksburg, MI | 36.2 miles | 3,934 |
| Benton, IN | 36.4 miles | 384 |
| Harlan, IN | 36.5 miles | 1,254 |
| Bristol, IN | 36.9 miles | 2,128 |
| Scotts, MI | 37.2 miles | 237 |
| Ney, OH | 37.8 miles | 363 |