The City of Panama had a population of 230 as of July 1, 2016.
The primary coordinate point for Panama is located at latitude 41.7264 and longitude -95.4755 in Shelby County. The formal boundaries for the City of Panama (see map below) encompass a land area of 0.29 sq. miles and a water area of 0 sq. miles. Shelby County is in the Central time zone (GMT -6). The elevation is 1,263 feet.
The City of Panama (GNIS ID: 2396136) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Beneath the boundary map are tables with Panama population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.
|Population in Households||230|
|Population in Familes||190|
|Population in Group Qrtrs||0|
|Average Household Size||2.21|
|Average Family Size||3|
|Total Housing Units||112 (100%)|
|Owner Occupied HU||87 (77.7%)|
|Renter Occupied HU||17 (15.2%)|
|Vacant Housing Units||8 ( 7.1%)|
|Median Home Value||$133,333|
|Average Home Value||$149,128|
|Median Household Income||$50,490|
|Average Household Income||$56,298|
|Per Capita Income||$24,549|
|(Compound Annual Growth Rates)|
|Median Household Income||3.04%|
|Per Capita Income||2.99%|
The table below compares Panama to the other 1,009 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 667||34th|
|Population Density1||# 422||58th|
|Diversity Index2||# 420||58th|
|Median Household Income||# 600||41st|
|Per Capita Income||# 718||29th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.