All Countries
Panama, IA
Full City Profile · Iowa · Shelby County County
3.1
/5.0
B
Good
283
Population
976/sq mi density
$61,250
Median Income
$40,027 per capita
$121,600
Home Value
$254,132 Zillow
$939
Median Rent
31.8% income on rent
50°F
Avg Temperature
275 sunny days/yr
98
Violent Crime/100K
1,562 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$61,250 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$121,600 home value, $939/mo rent
F
Safety
1.0 / 5.0
98 violent crimes/100K
C
Education
2.0 / 5.0
12.6% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
+9.9%
213 → 234
over 10 years
Annual Pop. Growth
+0.94%
Compound annual growth rate
Median Income Change
+18.5%
$51,667 → $61,250
nominal, not inflation-adjusted
Annual Income Growth
+1.72%
Compound annual growth rate
Population Over Time
Total population for Panama across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
250
+16 from 2023 (234)
Projected Median Income 2030
$69,016
+$7,766 from 2023 ($61,250)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 213 | — | $51,667 | — |
| 2015 | 213 | +0% | $54,792 | +6% |
| 2017 | 209 | -1.9% | $65,000 | +18.6% |
| 2019 | 209 | +0% | $62,000 | -4.6% |
| 2021 | 233 | +11.5% | $78,750 | +27% |
| 2023 | 234 | +0.4% | $61,250 | -22.2% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.