Panama, IAPublished Date: December 23, 2024Panama is located in Shelby County, Iowa and has a population of 247. The poverty rate in Panama is 6.1% and is lower than the US poverty rate of 11.5%. The U.S. poverty level for a family of four in 2023 is $31,200. The unemployment rate in Panama is 0% while the Shelby County unemployment rate is 2.5%.
| | Population | |
|---|
| Male | | 36.4% |
| Female | | 63.6% |
| | Median Age (city/county) | |
|---|
| Panama | | 38.2 |
| Shelby | | 45.5 |
| | Median Household Income (city/county) | |
|---|
| Panama | | $69,250 |
| Shelby | | $70,295 |
| | Median Home Value (city/county) | |
|---|
| Panama | | $118,631 |
| Shelby | | $151,384 |
| | Median Rent (city/county) | |
|---|
| Panama | | $0 |
| Shelby | | $879 |
| | Poverty Rate (city/county) | |
|---|
| Panama | | 6.1% |
| Shelby | | 8.8% |
Races and Ethnicity
▩ White 96%
▩ Black or African American 0%
▩ Asian 0%
▩ Native 0.8%
▩ Pacific 0%
▩ Other 2.4%
▩ Hispanic 0%
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