Panama, Illinois

Population Data for Panama, IL:

Population – 116
Male – 47.41 %
Female – 52.59 %

Break down of Population by Race:
Caucasian – 97.41 %
Hispanic – 0.00 %
African American – 0.00 %
American Indian/Alaska Native – 2.59 %
Asian – 0.00 %

Geographic Data for Panama, Illinois:

Population Density – 1,572.31 per sq. mi
Elevation – 583 ft.
Time Zone – Central (GMT -6)
Daylight Savings? Yes

Education Data in Panama:

In Elementary School – 12 (63.16 %)
In High School – 0 (0.00 %)
In College – 0 (0.00 %)

Education Level Breakdown

Bachelor’s Degree – 0 (0.00 %)
Associate’s Degree – 1 (1.03 %)
Some College, No Degree – 15 (15.46 %)
High School Graduate – 50 (51.55 %)
Less than 9th Grade – 9 (9.28 %)

Employment and Household Data for Panama, IL:

Percentage of People Employed – 50.50 %
Percentage of People Unemployed – 1.98 %
Unemployment Level – 3.77 %

Median Household Income – $31,500.00
Average Household Size – 2.04

Households with:
1 Vehicle – 43.48 %
2 Vehicles – 43.48 %
3 or more Vehicles – 7.25 %

Average Cost to Rent in Panama - $375 per month