ZIP Code 51562

Located in Panama, IA (Shelby County)

ZIP Code 51562 (Panama, IA): Quick Facts & Overview

  • Population: 506 residents (6 people per sq. mi.)
  • Average House Price: $157,909
  • Average Household Income: $81,250

ZIP code 51562 primarily serves Panama, IA in Shelby County. An estimated 506 people live within this area, with about 6 residents living in every square mile.

If you are looking for a home in ZIP code 51562, the average price is around $157,909. That makes local housing 13% lower than the Iowa average of $181,254, and 49% lower than the national average of $308,592.

The average household in 51562 earns about $81,250 a year. This income is 6% higher than the average family in Iowa ($76,559), and 3% higher than the national average ($78,686).

Population 506
Median Household Income $81,250
Median Home Value $157,909
Median Age 50.1 yrs

Household Income Brackets

Racial & Ethnic Demographics

Age Distribution

Educational Attainment

Economic & Labor Indicators

Individual Median Income$44,464
Labor Force Participation68.9%
Unemployment Rate1.4%
Average Commute Time12.1 mins

Housing & Community Metrics

Home Ownership Rate87.9%
Median Rent$940
Rent Burdened (>30% Income)31.3%
Total Housing Units215

Additional Census & Housing Profile

Geographic Overview

Primary CityPanama
CountyShelby
County FIPS19165
Metro Area (CBSA)-
Population Density5.8/sq mi
Coordinates (lat/lng)41.7259, -95.5013
TimezoneAmerica/Chicago

Household Structure

Average Family Size2.73
Dual Income Families67.5%

Marital Status

Married73.9%
Never Married18.8%
Divorced6.2%
Widowed1.2%

Gender

Male39.5%
Female60.5%

Health & Poverty

Uninsured Rate (Health)1.0%
Poverty Rate13.9%

Key Population Groups

Veterans10.1%
Disabled Population12.8%
Limited English Proficiency-

All ZIP Codes in Panama

ZIP Code Population Median Household Income Median Home Value
51562 Current 506 $81,250 $157,909

Nearby ZIP Codes

ZIP Code City / State Distance Population
51530 Earling, IA 5.5 miles 809
51578 Westphalia, IA 5.5 miles 116
51565 Portsmouth, IA 5.7 miles 516
51527 Defiance, IA 10.6 miles 362
51579 Woodbine, IA 10.8 miles 2,282
51529 Dunlap, IA 11.4 miles 1,732
51563 Persia, IA 11.4 miles 629
51537 Harlan, IA 12 miles 6,382
51528 Dow City, IA 13.9 miles 674
51570 Shelby, IA 14.2 miles 1,118
51546 Logan, IA 15.2 miles 3,114
51447 Kirkman, IA 16 miles 113
51446 Irwin, IA 16.3 miles 499
51520 Arion, IA 16.9 miles 243
51454 Manilla, IA 18.5 miles 1,254
51521 Avoca, IA 18.8 miles 1,953
51550 Magnolia, IA 19.4 miles 169
51559 Neola, IA 20.1 miles 1,841
51553 Minden, IA 21.6 miles 998
51564 Pisgah, IA 21.8 miles 520
51442 Denison, IA 22 miles 9,692
51543 Kimballton, IA 22.6 miles 478
51558 Moorhead, IA 23.1 miles 549
51531 Elk Horn, IA 23.4 miles 889
51572 Soldier, IA 23.5 miles 371
51577 Walnut, IA 23.8 miles 1,561
51060 Ute, IA 24.1 miles 706
51555 Missouri Valley, IA 24.2 miles 4,952
51536 Hancock, IA 24.7 miles 613
51439 Charter Oak, IA 25 miles 818
51557 Mondamin, IA 25.8 miles 828
51552 Marne, IA 26 miles 169
51455 Manning, IA 26.2 miles 2,279
51576 Underwood, IA 26.4 miles 1,769
51542 Honey Creek, IA 26.8 miles 802
51545 Little Sioux, IA 27.9 miles 267
51556 Modale, IA 28.6 miles 266
51441 Deloit, IA 28.7 miles 468
51560 Oakland, IA 28.7 miles 1,772
51548 McClelland, IA 29.1 miles 415
51465 Vail, IA 29.6 miles 689
50025 Audubon, IA 30 miles 3,148
51461 Schleswig, IA 30.9 miles 1,097
51526 Crescent, IA 31.3 miles 1,664
51467 Westside, IA 31.4 miles 596
51523 Blencoe, IA 32.1 miles 379
68023 Fort Calhoun, NE 32.5 miles 2,687
51463 Templeton, IA 32.8 miles 412
51010 Castana, IA 33.3 miles 425
50022 Atlantic, IA 33.4 miles 8,526
68112 Omaha, NE 33.5 miles 12,071
50117 Hamlin, IA 33.6 miles 128
51034 Mapleton, IA 33.6 miles 1,674
51444 Halbur, IA 33.6 miles 290
50042 Brayton, IA 33.8 miles 226
51575 Treynor, IA 33.9 miles 1,609
51525 Carson, IA 34.2 miles 1,067
50076 Exira, IA 34.4 miles 1,301
51448 Kiron, IA 34.4 miles 612
51430 Arcadia, IA 34.9 miles 1,063
51544 Lewis, IA 35 miles 793
68152 Omaha, NE 36 miles 6,791
51040 Onawa, IA 36.1 miles 3,500
68110 Omaha, NE 36.4 miles 9,229
68008 Blair, NE 36.9 miles 12,823
68061 Tekamah, NE 37 miles 2,268
51503 Council Bluffs, IA 37.1 miles 37,972
51510 Carter Lake, IA 37.1 miles 3,767
51549 Macedonia, IA 37.6 miles 363
51440 Dedham, IA 37.7 miles 334
68122 Omaha, NE 37.8 miles 13,352
68111 Omaha, NE 38.2 miles 24,210
68102 Omaha, NE 39 miles 9,767
68178 Omaha, NE 39.3 miles 2,191
51535 Griswold, IA 39.4 miles 1,697
68104 Omaha, NE 39.4 miles 36,673
51019 Danbury, IA 39.5 miles 448
51501 Council Bluffs, IA 39.6 miles 34,618
68142 Omaha, NE 39.6 miles 4,505
68131 Omaha, NE 39.9 miles 14,809
51401 Carroll, IA 40 miles 11,990
68029 Herman, NE 40.1 miles 918
51436 Breda, IA 40.3 miles 815
68108 Omaha, NE 40.4 miles 14,578
51571 Silver City, IA 40.5 miles 902
51006 Battle Creek, IA 40.8 miles 1,287
50274 Wiota, IA 40.9 miles 234
51541 Henderson, IA 41 miles 273
68132 Omaha, NE 41 miles 13,960
68134 Omaha, NE 41 miles 28,823
51554 Mineola, IA 41.2 miles 194
68105 Omaha, NE 41.2 miles 22,807
51445 Ida Grove, IA 41.6 miles 2,485
68034 Kennard, NE 41.6 miles 627
68182 Omaha, NE 41.7 miles 749
51466 Wall Lake, IA 41.9 miles 1,043
51056 Smithland, IA 42.1 miles 346
68020 Decatur, NE 42.5 miles 644
68106 Omaha, NE 42.5 miles 21,224
68107 Omaha, NE 42.6 miles 31,540