Panama, IL

Full City Profile · Illinois · Montgomery County County

3.2 /5.0
B Good
327 Population 884/sq mi density
$60,096 Median Income $27,332 per capita
$60,800 Home Value $134,830 Zillow
$833 Median Rent 24.3% income on rent
56°F Avg Temperature
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$60,096 median income, 12.5% unemployment
A+
Affordability
5.0 / 5.0
$60,800 home value, $833/mo rent
D
Education
1.6 / 5.0
7.5% bachelor's degree or higher

Population Overview

Total Population
327
Census 2023
Population Density
884
per square mile
Land Area
0.1
square miles (0.4 km²)
Median Age
48.5 yrs
25% above US avg (38.9 yrs)

Gender Distribution

41.3%
Male
58.7%
Female
41%
59%

Race & Ethnicity

White 99.1% US: 61.6%
Black 0% US: 12.4%
Hispanic 0.3% US: 18.7%
Asian 0% US: 5.9%
Other 0.6%
City vs. U.S. Average
White
99.1%
Black
0%
Hispanic
0.3%
Asian
0%
Thin line = U.S. average

Language Spoken at Home

English Only 97.4% US: 78.5%
Spanish 1% US: 13.4%
Other Languages 1.6%
City vs. U.S. Average
English Only
97.4%
Spanish
1%
Thin line = U.S. average

Social Characteristics

Foreign Born
0.3%
Veterans
12.6%
110% above US avg (6%)
Disability
19.0%
46% above US avg (13%)
Health Insurance Coverage
91.7%
0% below US avg (91.4%)
Uninsured
8.3%
3% below US avg (8.6%)
Income Inequality (Gini)
0.447
US avg: 0.490 (0 = perfect equality, 1 = max inequality)

Complete Demographics Data

Population

Total Population327
Population Year2023
Population Density884 / sq mi
Land Area0.1 sq mi
Median Age48.5 years

Gender

Male41.3%
Female58.7%

Race & Ethnicity

White99.1%
Black or African American0.0%
Hispanic or Latino0.3%
Asian0.0%

Language

English Only97.4%
Spanish1.0%

Social Indicators

Foreign Born0.3%
Veterans12.6%
Disability19.0%
Health Insurance91.7%
Uninsured8.3%
Broadband Access67.8%
Gini Coefficient0.447

Classification

USDA Rural-Urban Code6, Nonmetro / Urban 2.5K-20K, adjacent