Panama Flag

Panama

County:
Shelby County
County Seat:
No
Area (mi²):
0.29
State:
Iowa

Panama is a city located in Shelby County, Iowa. Panama has a 2026 population of 234. Panama is currently declining at a rate of 0% annually and its population has increased by 0.43% since the most recent census, which recorded a population of 233 in 2020.

The median household income in Panama is $63,125 with a poverty rate of 7.38%. The median age in Panama is 36.7 years: 36.8 years for males, and 33 years for females. For every 100 females there are 57.1 males.

234
Total Population
807
Density (mi²)

Panama Population

Panama Population

Data after 2023 is projected based on recent change

Year ↓
Population
Growth
Annual Change
202623400%
202523400%
202423400%
202323420.86%
2022232-1-0.43%
202123300%
2020233-1-0.43%
2019209-3-1.42%
201821231.44%
2017209-1-0.48%
2016210-3-1.41%
2015213-2-0.93%
201421520.94%
2013213-4-1.84%
2012217-1-0.46%
2011218-3-1.36%
201022100%

Median Age

Overall: 36.7 years
Female: 33 years
Male: 36.8 years

Panama Adults

There are 175 adults, (30 of whom are seniors) in Panama.

Sex Ratio

Female: 156 (63.7%)
Male: 89 (36.3%)

Demographics

The racial composition of Panama includes 88.57% White, and smaller percentages for other race and multiracial populations.

Population by Race

Race
Population ↓
Percentage (of total)
White21788.57%
Two or more races228.98%
Other race62.45%
Race
Population ↓
Percentage (of total)
Two or more races208.16%
Race
Population ↓
Percentage (of total)
White21788.57%
Other race62.45%
Two or more races20.82%

Panama Marital Status

Economics and Income Statistics

Panama 's average per capita income is $64,167. Household income levels show a median of $63,125. The poverty rate stands at 7.38%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median ↓
Mean
Married Families$183,750-
Households$63,125$104,760
Non Families$36,591$39,569
Families-$159,774

$64,167

Average Income

$63,125

Median Household Income

7.38%

Poverty Rate

Nearby Cities

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)