Panama, KY
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Panama, KY: Quick Facts & Overview
- Population: 10,792 residents (14 people per sq. mi.)
- Average House Price: $135,297
- Average Household Income: $47,412
Panama, KY is located in the state of Kentucky. It is home to about 10,792 people, with around 14 residents living in every square mile.
If you want to buy a house in Panama, the average price is around $135,297. That makes local housing 22% lower than the Kentucky average of $172,980, and 56% lower than the national average of $308,592.
The average household in Panama earns about $47,412 a year. This income is 20% lower than the average family in Kentucky ($59,426), and 40% lower than the national average ($78,686).
Population
10,792
Median Household Income
$47,412
Median Home Value
$135,297
Median Age
43.0 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $27,589 |
| Labor Force Participation | 39.7% |
| Unemployment Rate | 3.2% |
| Average Commute Time | 26.7 mins |
Housing & Community Metrics
| Home Ownership Rate | 74.3% |
| Median Rent | $654 |
| Rent Burdened (>30% Income) | 23.2% |
| Total Housing Units | 3,613 |
Additional Census & Housing Profile
Geographic Overview
| County | Morgan |
| County FIPS | 21175 |
| Metro Area (CBSA) | - |
| Population Density | 14.4/sq mi |
| Coordinates (lat/lng) | 37.8495, -83.3013 |
| Timezone | America/New_York |
| National Ranking | 4 |
| Incorporated | No |
Household Structure
| Average Family Size | 3.11 |
| Dual Income Families | 39.5% |
Marital Status
| Married | 46.4% |
| Never Married | 29.7% |
| Divorced | 16.9% |
| Widowed | 7.0% |
Gender
| Male | 58.9% |
| Female | 41.1% |
Health & Poverty
| Uninsured Rate (Health) | 8.7% |
| Poverty Rate | 16.0% |
Key Population Groups
| Veterans | 5.9% |
| Disabled Population | 25.7% |
| Limited English Proficiency | - |
All ZIP Codes in Panama
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 41472 | 10,792 | $47,412 | $135,297 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| West Liberty, KY | 5 miles | 3,295 |
| Ezel, KY | 8.3 miles | 313 |
| Salyersville, KY | 14.8 miles | 1,708 |
| Campton, KY | 15.6 miles | 272 |
| Frenchburg, KY | 19 miles | 643 |
| Sandy Hook, KY | 19.4 miles | 456 |
| Jackson, KY | 20.5 miles | 2,015 |
| Lakeview Heights, KY | 23.6 miles | 332 |
| Farmers, KY | 24 miles | 206 |
| Morehead, KY | 24.9 miles | 6,870 |
| Salt Lick, KY | 25.3 miles | 274 |
| Paintsville, KY | 27 miles | 4,203 |
| West Van Lear, KY | 28.3 miles | 1,155 |
| Beattyville, KY | 28.7 miles | 2,095 |
| Jeffersonville, KY | 30 miles | 1,651 |
| Van Lear, KY | 30.2 miles | 443 |
| Stanton, KY | 30.3 miles | 3,218 |
| Auxier, KY | 30.3 miles | 651 |
| Prestonsburg, KY | 31.4 miles | 3,765 |
| Owingsville, KY | 31.9 miles | 1,621 |
| Olive Hill, KY | 32.2 miles | 1,636 |
| Booneville, KY | 33.5 miles | 187 |
| Camargo, KY | 33.8 miles | 874 |
| Clay City, KY | 34.2 miles | 1,204 |
| Dwale, KY | 35 miles | 170 |
| Allen, KY | 35.3 miles | 157 |
| Martin, KY | 35.4 miles | 494 |
| Ravenna, KY | 37.2 miles | 642 |
| Irvine, KY | 37.9 miles | 2,723 |
| Mount Sterling, KY | 38.2 miles | 7,551 |
| Grayson, KY | 38.8 miles | 3,778 |
| Wayland, KY | 38.9 miles | 316 |
| Hindman, KY | 39.6 miles | 790 |
| McDowell, KY | 41.1 miles | 718 |
| Hazard, KY | 41.2 miles | 5,008 |
| Louisa, KY | 41.5 miles | 2,580 |
| Inez, KY | 41.6 miles | 930 |
| Sharpsburg, KY | 41.9 miles | 519 |
| Betsy Layne, KY | 42.2 miles | 557 |
| Pippa Passes, KY | 42.6 miles | 450 |
| Fort Gay, WV | 42.8 miles | 437 |
| Diablock, KY | 43.4 miles | 315 |
| Jeff, KY | 45.1 miles | 309 |
| Vicco, KY | 45.7 miles | 217 |
| Coal Run Village, KY | 46 miles | 1,724 |
| Flemingsburg, KY | 46.2 miles | 2,965 |
| Prichard, WV | 46.5 miles | 389 |
| Crum, WV | 46.8 miles | 187 |
| McKee, KY | 47.4 miles | 888 |
| Wheelwright, KY | 47.5 miles | 964 |
| Hyden, KY | 47.7 miles | 325 |
| Warfield, KY | 48 miles | 297 |
| North Middletown, KY | 48.5 miles | 679 |
| Kermit, WV | 48.7 miles | 153 |
| Cannonsburg, KY | 49.1 miles | 1,129 |
| Pikeville, KY | 49.5 miles | 7,490 |
| Winchester, KY | 49.6 miles | 19,213 |
| Ewing, KY | 50.2 miles | 346 |