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Panama Illinois Information: Panama, Illinois is part of MONTGOMERY County. Population for Panama from the last gathering is 323. You can view Panama venues that host many Panama IL events every year. You can also research Panama Illinois homes for sale by visiting our Panama Illinois real estate guide. Panama Illinois has a latitude of 39.05 and a longitude of -89.5333. Zip codes in Panama, IL include 62077 ... more Panama zips.

GENERAL POPULATION

Total Population in Panama, IL
At the time of the most recent United States Census Survey, the number of people in Panama, IL was 323.

Male Population
At the time of the last full census survey, the number of men in Panama was 151, which represents 46.7 percent of the total for the community (The national average is 49.10%).

Male Population, Married in Panama, IL
There are an estimated 77 married men in the town. 59.7 percent of men over 15 years old in Panama are married, compared to the national average of 56.70%.

Female Population
The estimated female population in Panama is 172 which is 53.3 of the total population (Compared to the national average of 50.90%).

Female Population, Married in Panama, Illinois
There are an estimated 70 married women in the community. 50.4 percent of females over the age of 15 are married, compared to the national average of 52.10%.

AGE

Median Age in Panama, IL
The median age of people living in Panama, IL was 43.3 at the time of the last full census survey. (The United States average at the time was 35.3)

At that time, the number of people under the age of 5 living in Panama was 19. There were 257 people above the age of 18, which represents 79.6 percent of the entire population (compared to the national average of 74.30% ). 22 percent of the population (71) in the community was 65 years and over, compared to 12.40% nationally.

RACE

One Race Percent in Panama, IL
At the time of the last census survey, the number of people of one race in Panama, IL was 319.

White Population in Panama, IL
The estimated White population in the Panama community is 316, which is 97.8 percent of the total population (The U.S. average is 75.10%).

Black Population in Panama, Illinois
The estimated Black/African American population is 0, which is 0 percent of the total population in town (The U.S. average is 12.30%).

American Indian and Alaska Native Population in Panama, IL
In 2000, the number of American Indians or Alaska Natives in Panama, IL was 3.

Asian Population in Panama, Illinois
At the last survey, the total Asian population in the community was 0.

Native Hawaiian and other Pacific Islander Population in Panama, IL
The number of Native Hawaiian/Pacific Islanders living in Panama was an estimated 0.

Other/Multiple Races
The number of residents identified as “some other race” was 0, while those of “two or more races” was 4 at the time of the last census.

Hispanic Population
The Hispanic population in the Panama community was 0, or 0 percent of the total population (compared to the national average of 12.50% percent).

HOUSEHOLD CHARACTERISTICS

Household Population in Panama, IL
The household population number in Panama was 323.

Group Quarters Population in Panama, IL
Group Quarters population in the community was 0.

Average Household Size in Panama, IL
The average household size in Panama is 2.08 (The average household size in the United States is 2.59).

Average Family Size
The average family size in the community is 2.75 (The average family size in the United States is 3.14).

HOUSING

Total Housing Units in Panama, IL
At the time of the last census survey, there were 174 total housing units in Panama.

The number of occupied housing units was 155, or 89.1 of the total units in town. Of these, 141 were owner-occupied (91), and 14 were renter-occupied (9, compared to the national average of 33.80%). There were also 19 vacant homes in Panama at the time of the last complete survey.

Median Home Values in Panama, Illinois
The total number of single family, owner occupied homes in the community was 120, with a median value in dollars of 28,100.

Monthly Owner Costs in Panama, IL
For homes with a mortgage, average monthly owner costs were $521 (national average was $1,088). For homes without a mortgage in Panama, average costs per month were $215 (national average was $295).

EDUCATION

High School Graduate or higher
At the time of the last survey, 167 people in the community had a high school degree, or 72.3 of the population (compared to the national average of 80.40%).

Bachelor's Degree or Higher in Panama, Illinois
3 people in Panama also had a Bachelor’s degree or higher, which represented 1.3 of the total population (National average was 24.40%).

MISCELLANEOUS

Civilian Veterans in Panama, IL
The number of Civilian Veterans in Panama was 71, or 27.5 percent of the total population (National average is 12.70%).

Disability Status in Panama, IL
In 2000, there were 72 people in Panama, IL listed as disabled.

Foreign Born in Panama, IL
At the time of the last complete survey, there were 8 people in Panama who spoke a language other than English at home. This represented 2.6 of the total population, compared to the national average of 17.90%.

LABOR STATISTICS

Percentage In Labor Force in Panama, Illinois
There were 145 in the labor force in Panama at the time of the last complete survey. This represented 55.8 of the total population, compared to the national average of 63.90%. Mean Travel Time to Work in minutes
From the most recent complete survey, the average commute time to work for local residents in Panama was 33.1 minutes, compared to the national average of 25.5 minutes.

Median Household Income in Panama, IL
The median household income in the community at the time of the last survey was $28,889. The median household income in the U.S. was $41,994.

Median Family Income in Panama, IL
In the last complete census survey, the median family income in the community was $38,125. Median family income in the U.S. was 50,046.

Per Capita Income in Panama, Illinois
Per capita income in Panama in the last full census was 21,634. Per capita income in the U.S. was 21,587.

Families below poverty level
According to the most recent survey,families living below the poverty line in Panama numbered 7, or 7.5 percent of the population. The percentage of families in America living below the poverty line was 9.20%.

Individuals below the poverty level in Panama, IL
Individuals living below the poverty line in the community was 45, or 14 percent . The percentage of individuals living beneath the poverty level in the country was 12.40%.