Panama, IA

Census Place

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2023 Population

283

14.6% 1-year growth

US Senator

Chuck Grassley

Republican Party

US Senator

Joni Ernst

Republican Party

2023 Median Age

36.8

3.66% 1-year decrease

2023 Poverty Rate

4.26%

30.2% 1-year decrease

2023 Median Household Income

$61,250

11.6% 1-year decline

2023 Median Property Value

$121,600

2.36% 1-year growth

2023 Employed Population

175

29.6% 1-year growth

About

In 2023, Panama, IA had a population of 283 people with a median age of 36.8 and a median household income of $61,250. Between 2022 and 2023 the population of Panama, IA grew from 247 to 283, a 14.6% increase and its median household income declined from $69,250 to $61,250, a −11.6% decrease.

The 5 largest ethnic groups in Panama, IA are White (Non-Hispanic) (89%), Two+ (Hispanic) (7.77%), Other (Non-Hispanic) (1.77%), American Indian & Alaska Native (Non-Hispanic) (0.707%), and Two+ (Non-Hispanic) (0.707%).

None of the households in Panama, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Panama, IA are U.S. citizens.

In 2023, the median property value in Panama, IA was $121,600, and the homeownership rate was 76.6%.

Most people in Panama, IA drove alone to work, and the average commute time was 13.4 minutes. The average car ownership in Panama, IA was 2 cars per household.

United States Iowa Shelby County, IA Southwest Iowa--Council Bluffs City PUMA, IA

Population & Diversity

Panama, IA is home to a population of 283 people, from which 100% are citizens. As of 2023, 0% of Panama, IA residents were born outside of the country (0 people).

In 2023, there were 11.5 times more White (Non-Hispanic) residents (252 people) in Panama, IA than any other race or ethnicity. There were 22 Two+ (Hispanic) and 5 Other (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

100%

2023 Citizenship

100%

2022 Citizenship

As of 2023, 100% of Panama, IA residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Panama, IA was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Panama, IA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Panama, IA

White (Non-Hispanic)
252 ± 128
Two+ (Hispanic)
22 ± 33.5
Other (Non-Hispanic)
5 ± 8

7.77%

Hispanic Population

22 people

7.77% of the people in Panama, IA are hispanic (22 people).

The following chart shows the 7 races represented in Panama, IA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Iowa.

Most Common Origin

Mexico
42,604 ± 5,034 people
India
12,351 ± 2,723 people
Vietnam
7,795 ± 2,165 people

In 2022, the most common birthplace for the foreign-born residents of Iowa was Mexico, the natal country of 42,604 Iowa residents, followed by India with 12,351 and Vietnam with 7,795.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
4 ± 16
Vietnam
3 ± 15
Korea
3 ± 11

Panama, IA has a large population of military personnel who served in Gulf War (2001-), 1.33 times greater than any other conflict.

Economy

The economy of Panama, IA employs 175 people. The largest industries in Panama, IA are Transportation & Warehousing (68 people), Accommodation & Food Services (22 people), and Health Care & Social Assistance (21 people), and the highest paying industries are Transportation & Warehousing, & Utilities ($66,563), Transportation & Warehousing ($66,500), and Educational Services ($56,875).

Males in Iowa have an average income that is 1.34 times higher than the average income of females, which is $54,745. The income inequality in Iowa (measured using the Gini index) is 0.442, which is lower than than the national average.

Employment

Occupations

175

2023 Value

± 80

29.6%

1 Year growth

± 52.9%

From 2022 to 2023, employment in Panama, IA grew at a rate of 29.6%, from 135 employees to 175 employees.

The most common job groups, by number of people living in Panama, IA, are Office & Administrative Support Occupations (31 people), Sales & Related Occupations (23 people), and Production Occupations (22 people). This chart illustrates the share breakdown of the primary jobs held by residents of Panama, IA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for false.

This chart shows weekly unemployment insurance claims in Iowa (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

175

2023 Value

± 80

29.6%

1 Year growth

± 52.9%

From 2022 to 2023, employment in Panama, IA grew at a rate of 29.6%, from 135 employees to 175 employees.

The most common employment sectors for those who live in Panama, IA, are Transportation & Warehousing (68 people), Accommodation & Food Services (22 people), and Health Care & Social Assistance (21 people). This chart shows the share breakdown of the primary industries for residents of Panama, IA, though some of these residents may live in Panama, IA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$70,156

Median earning men ± $29,777

$45,278

Median earning women ± $16,996

The industries with the best median earnings for men in 2023 are Other Services Except Public Administration ($90,417), Transportation & Warehousing, & Utilities ($73,125), and Retail Trade ($65,625).

The industries with the best median earnings for women in 2023 are Transportation & Warehousing, & Utilities ($65,750), Educational Services, & Health Care & Social Assistance ($48,958), and Retail Trade ($27,250).

Employment by Industry Sector

Data is only available at the state level. Showing data for Iowa.

Y-Axis

1.48%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 1.57M people employed in Iowa. This represents a 1.48% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.9%.

The following chart shows monthly employment numbers for each industry sector in Iowa.

Civics

In the 2024 presidential election, the popular vote in Iowa went to Donald J. Trump with 55.7% of the vote. The runner-up was Kamala Harris (42.5%), followed by Robert Kennedy (0.789%).

Chuck Grassley and Joni Ernst are the senators currently representing the state of Iowa. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Iowa is currently represented by 4 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Presidential Popular Vote Over Time

Voting results are not available for Panama, IA. Showing the available data for Iowa.

2024 Election Results

Donald J. Trump (55.7%)
Republican Party
Kamala Harris (42.5%)
Democratic Party
Robert Kennedy (0.789%)
Independent Party

In the 2024 presidential election, the popular vote in Iowa went to Donald J. Trump with 55.7% of the vote. The runner-up was Kamala Harris (42.5%), followed by Robert Kennedy (0.789%).

The following chart shows the popular vote results in Iowa for each registered party from 1976 to 2024.

Senator Elections

US Senators from Iowa

Senatorial voting results are only available at the state level. Showing data for Iowa.

Chuck Grassley

Senator from Iowa

Assumed office on January 3, 1981

Joni Ernst

Senator from Iowa

Assumed office on January 3, 2015

Chuck Grassley and Joni Ernst are the senators currently representing Iowa.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Iowa over time, excluding special elections, colored by their political party.

US Representative Elections

US Representatives from Iowa

Iowa is currently represented by 4 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Iowa have changed over time starting in 2008.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

Data is only available at the state level. Showing data for Iowa.

Measure

In 2022, 0.66% of men over 25 years of age had not completed any academic degree (no schooling), while 0.685% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Data is only available at the state level. Showing data for Iowa.

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (751k), Some college (564k), and Bachelors Degree (469k).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Panama, IA was $121,600 in 2023, which is 0.401 times smaller than the national average of $303,400. Between 2022 and 2023 the median property value increased from $118,800 to $121,600, a 2.36% increase. The homeownership rate in Panama, IA is 76.6%, which is approximately the same as the national average of 65%.

People in Panama, IA have an average commute time of 13.4 minutes, and they drove alone to work. Car ownership in Panama, IA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$121,600

Median Property Value 2023

±$37,074

$95

Median Property Taxes

±$42

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Panama, IA the largest share of households pay taxes in the $800 - $1,499 range.

The chart underneath the paragraph shows the property taxes in Panama, IA compared to it's parent and neighbor geographies.

Rent vs Own

76.6%

Homeownership

2023

60.5%

Homeowners with Mortgage

2023

In 2023, 76.6% of the housing units in Panama, IA were occupied by their owner. This percentage declined from the previous year's rate of 93.8%.

This chart shows the percentage of owner in Panama, IA compared it's parent and neighboring geographies.

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Panama, IA colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$61,250

Median Household Income

± $38,383

124

Number of Households

± 51

In 2023, the median household income of the 124 households in Panama, IA declined from $61,250 from the previous year's value of $69,250.

The following chart displays the households in Panama, IA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $35k - $40k range.

Wage Distribution

The closest comparable wage GINI for Panama, IA is from Iowa.

0.442

2022 Wage GINI in Iowa

0.439

2021 Wage GINI in Iowa

In 2022, the income inequality in Iowa was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.723% growth from 2021 to 2022, which means that wage distribution grew somewhat less even. The GINI for Iowa was lower than than the national average of 0.478. In other words, wages are distributed more evenly in Iowa in comparison to the national average.

This chart shows the number of workers in Iowa across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2023

Drove Alone (78.9%)
Walked (12.6%)
Worked At Home (8%)

In 2023, 78.9% of workers in Panama, IA drove alone to work, followed by those who walked to work (12.6%) and those who worked at home (8%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

13.4 minutes

Average Travel Time

Using averages, employees in Panama, IA have a shorter commute time (13.4 minutes) than the normal US worker (26.6 minutes). Additionally, 1.86% of the workforce in Panama, IA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Panama, IA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Panama, IA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Panama, IA have 2 cars.

Poverty

Poverty & Diversity

4.26% of the population for whom poverty status is determined in Panama, IA (12 out of 282 people) live below the poverty line, a number that is lower than the national average of 12.4%. The largest demographic living in poverty are Males 18 - 24, followed by Females 18 - 24 and then Males 65 - 74.

The most common racial or ethnic group living below the poverty line in Panama, IA is White, followed by Two Or More and Black.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

99.3% of the population of Panama, IA has health coverage, with 62.2% on employee plans, 9.19% on Medicaid, 9.54% on Medicare, 17% on non-group plans, and 1.41% on military or VA plans.

Primary care physicians in Shelby County, IA see 1905 patients per year on average, which represents a 0.21% decrease from the previous year (1909 patients). Compare this to dentists who see 1681 patients per year, and mental health providers who see 785 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Shelby County, IA.

1,905 to 1

Patient to Primary Care Physician Ratio in Shelby County, IA

Primary care physicians in Shelby County, IA see an average of 1,905 patients per year. This represents a 0.21% decrease from the previous year (1,909 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Shelby County, IA in comparison to its neighboring geographies.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 30% under 18 years, 15.9% between 18 and 34 years, 43.5% between 35 and 64 years, and 10.6% over 64 years.

By gender, of the total number of insured persons, 38.9% were men and 61.1% were women.

The following chart shows the number of people with health coverage by gender.

Uninsured People

0.707%

Uninsured

62.2%

Employer Coverage

9.19%

Medicaid

9.54%

Medicare

17%

Non-Group

1.41%

Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Panama, IA declined by 56.4% from 1.62% to 0.707%.

The following chart shows how the percent of uninsured individuals in Panama, IA changed over time compared with the percent of individuals enrolled in various types of health insurance.

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