Panama, IA 51562 ZIP Code Profile

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Panama, IA

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ZIP Code 51562: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Panama, IA 51562

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 22
  • Single Family Addresses: 92
  • Multi-Family Addresses: 0
  • County: Shelby County
  • Centroid: Latitude 41.727, Longitude -95.474
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes

ZIP Code 51562 has segments in 2 Counties (Harrison, Shelby).

Neighborhood Data

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51562 ZIP Code Map

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Panama, IA 51562 Data & Demographics (As of July 1, 2016)


Total Population 474
Population in Households 472
Population in Familes 394
Population in Group Qrtrs 2
Population Density1 12
Diversity Index2 8


Total Households 197
Average Household Size 2.4
Family Households 134
Average Family Size 3


Total Housing Units 219 (100%)
Owner Occupied HU 162 (74.0%)
Renter Occupied HU 35 (16.0%)
Vacant Housing Units 22 (10.0%)
Median Home Value $136,364
Average Home Value $158,951


Median Household Income $50,186
Average Household Income $59,348
Per Capita Income $24,697
  (Compound Annual Growth Rates)


2010-2015 2015-2020
Population 0.24% 0.13%
Households 0.67% 0.3%
Families 0.49% 0.3%
Median Household Income   2.74%
Per Capita Income   2.67%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Panama, IA 51562 - Peer Comparisons by Rank and Percentile

The table below compares 51562 to the other 963 ZIP Codes 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.

Variable Description Rank Percentile
Total Population # 708 27th
Population Density1 # 765 21st
Diversity Index2 # 578 40th
Median Household Income # 611 37th
Per Capita Income # 747 23rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.

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