Panama, Illinois has a population of 341, with a median household income of $41,250.
Current population data for Panama.
341
$41,250
7.20%
$65,400
12.10
100.00 Mbps
Panama is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Panama, located in Illinois, is a city that reflects important demographic and economic patterns within the region.
Panama has a population of 341, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Panama is $41,250, which is below the state average, indicating moderate economic conditions.
The average housing price in Panama is about $65,400, making it relatively affordable compared to many cities in Illinois.
The unemployment rate in Panama is 7.20%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Panama are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Illinois, Panama shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of Illinois, Panama contributes to the broader economic and social landscape, offering insights into regional development.
The population of Panama is approximately 341.
Panama offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Panama is around $41,250.
The average housing price in Panama is approximately $65,400.