The City of Panama had a population of 210 as of July 1, 2020.
The primary coordinate point for Panama is located at latitude 41.7264 and longitude -95.4722 in Shelby County. The formal boundaries for the City of Panama 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.
|Total Population||210 (100%)|
|Population in Households||210 (100.0%)|
|Population in Families||172 (81.9%)|
|Population in Group Quarters1||0|
|Median Household Income||$55,841|
|Average Household Income||$76,567|
|% of Income for Mortgage4||10%|
|Per Capita Income||$32,700|
|Total HU (Housing Units)||104 (100%)|
|Owner Occupied HU||81 (77.9%)|
|Renter Occupied HU||13 (12.5%)|
|Vacant Housing Units||10 ( 9.6%)|
|Median Home Value||$131,818|
|Average Home Value||$160,976|
|Housing Affordability Index3||259|
|Average Household Size||2.23|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.21%|
|Per Capita Income||2.54%|
|Owner Occupied HU||-0.5%|
The table below compares Panama to the other 1,008 incorporated cities, towns and CDPs in Iowa by rank and percentile using July 1, 2020 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||# 688||32nd|
|Population Density||# 456||55th|
|Median Household Income||# 607||40th|
|Housing Affordability Index||# 564||56th|
|Per Capita Income||# 349||65th|
|Diversity Index||# 460||54th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Iowa Census Data Comparison Tool.