Overview
Panama is a village in the state of Illinois with a population of 246. The cost of living is low making it one of the most affordable places to live in the US. Panama has a hot summer and mild winter climate.Quality of Life Summary
- Area Size: Village
- Living Costs: Low Cost
- Employment: (D) Fair
- Cultural Diversity: (F) Poor
- Residents: Families
- School Rating: NA
- Safety Rating: NA
- Public Transport: (D) Fair
- Average Commute: 34.8 minutes
- Walkability: (C) Average
- Climate: Hot Summer and Mild Winter
- Shopping Mall: -
- Near Beach or Lake: -
- Near Mountains: -
- Near Parks & Green Space: -
Social and Economic Statistics of Panama, IL
| Employment and Income | Panama | Illinois | United States |
|---|---|---|---|
| Per Capita Income | $27,961 | $32,213 | $32,693 |
| Median Household Income | $56,875 | $66,690 | $65,483 |
| Unemployment Rate | 5.5% | 5.9% | 5.7% |
| Poverty Rate | 6.0% | 9.4% | 10.5% |
| Age | Panama | Illinois | United States |
|---|---|---|---|
| Median Age | 54.3 | 41.5 | 42.3 |
| Gender | Panama | Illinois | United States |
|---|---|---|---|
| Male | 43.5% | 49.8% | 49.8% |
| Female | 56.5% | 50.2% | 50.2% |
| Race | Panama | Illinois | United States |
|---|---|---|---|
| White | 99.2% | 87.6% | 80.3% |
| Black or African American | 0.0% | 4.9% | 7.0% |
| American Indian and Alaska Native | 0.0% | 0.2% | 2.7% |
| Asian | 0.0% | 1.7% | 1.9% |
| Native Hawaiian and Other Pacific Islander | 0.0% | 0.0% | 0.2% |
| Other Race | 0.4% | 2.0% | 2.7% |
| Multiracial | 0.4% | 3.7% | 5.2% |
| Housing Information | Panama | Illinois | United States |
|---|---|---|---|
| Median Home Price | $58,100 | $140,846 | $208,542 |
| Median Monthly Rent | $538 | $721 | $801 |
| Family Households | 39.8% | 39.8% | 48.6% |
| Nonfamily Households | 37.2% | 37.2% | 26.2% |
| Homeowners | 89.4% | 77.4% | 72.9% |
| Renters | 10.6% | 22.6% | 27.1% |
| Education | Panama | Illinois | United States |
|---|---|---|---|
| High School Graduate or Equivalent | 16.1% | 6.6% | 7.5% |
| Some College, no Degree | 53.8% | 53.8% | 34.0% |
| Associate's Degree | 14.6% | 23.1% | 21.2% |
| Bachelor's Degree | 7.0% | 10.1% | 9.3% |
| Graduate or Professional Degree | 4.0% | 13.8% | 15.0% |
| Proficiency | Panama | Illinois | United States |
|---|---|---|---|
| Mathematics | NA% | 32.0% | 46.8% |
| Reading/Language Arts | NA% | 38.5% | 50.7% |
Annual Violent and Property Crimes per 100,000 People
| Violent Crime | Panama | Illinois | United States |
|---|---|---|---|
| Murder | NA | 2.2 | 3.0 |
| Rape | NA | 43.2 | 38.0 |
| Robbery | NA | 33.2 | 40.7 |
| Assault | NA | 146.2 | 188.5 |
| Property Crime | Panama | Illinois | United States |
|---|---|---|---|
| Burglary | NA | 246.4 | 336.1 |
| Theft | NA | 1262.2 | 1913.7 |
| Vehicle Theft | NA | 122.7 | 167.1 |
| Arson | NA | 11.1 | 10.5 |
Culture and Lifestyle in and Around Panama, IL
- dairy
- beef
- dishes
- gaming
- nft project
- nfts
- nft
- artsy
- creative
- gaming
- hunting
- gaming
- creative
- space
- winter
- summer
- hunting
- grocery shop
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