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Panama, IA Real Estate

Panama, Iowa is located in Shelby County. Nearby cities and towns include Westphalia, Earling, Portsmouth, Harlan, Tennant, Defiance, Kirkman, Dunlap, Persia, Woodbine, Corley, Buck Grove, Dow City, Irwin, Shelby, Arion, Manilla, Logan, Jacksonville, Minden, Avoca, Neola, Magnolia, Denison, Walnut, Aspinwall, Kimballton, Elk Horn, Moorhead, Soldier, Hancock, Charter Oak, Pisgah, Manning, and Missouri Valley. Panama is a rural community with a population of 220. The median household income is $60,832. In Panama, 58% of residents are married, and families with children reside in 19% of the households. Half the population of Panama commutes 15 minutes or less to work, with 46% of residents holding white collar jobs and 54% residents holding blue collar jobs. The median age of homes in Panama, IA is 49 years, with 78% of those homes owned, 15% rented, and 7% not occupied. In the previous year, 3 Panama properties were sold. The median sale price of a home in Panama in the previous year was $38,500.

Panama, IA Real Estate Listings

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Neighborhoods near Panama, IA

Panama, IA Local Market & Demographic Data

Married vs. single

Panama, IA
  • 42% Single
  • 58% Married
Iowa
  • 45% Single
  • 55% Married

Male VS. Female

Panama, IA
  • 50% Female
  • 50% Male
Iowa
  • 50% Female
  • 50% Male

Average Age of Citizens in Panama, IA

  • 42
  • 39
  • Panama, IA
  • Iowa

Average Age of Homes in Panama, IA

  • 49
  • 41
  • Panama, IA
  • Iowa

Vacant Homes in Panama, IA

  • 7%
  • 9%
  • Panama, IA
  • Iowa

Average INCOME of Citizens

  • $64,035
  • $62,861
  • Panama, IA
  • Iowa

Owned Homes vs. Rented Homes

Panama, IA
  • 78% Owned
  • 15% Rented
Iowa
  • 64% Owned
  • 27% Rented