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PA

Panama, Iowa

City in Shelby County, Iowa · ZIP 51562

  • Shelby County
  • Census data · ACS 2019-2023
  • 234 (2024 estimate)Population
  • 124Households
  • $61,250Median household income
  • $121,600Median home value
  • 1ZIP codes

About Panama

This page shows only what has been published about Panama: Census facts with their sources first, then its businesses, jobs, events, people in public roles, housing and questions as they are added. Nothing here is written by the town government.

Town intelligenceOfficial sources, refreshed yearly

Population, 2000 to 2020+10.8%
2102202302402000: 21220002010: 22120102020: 2352020212235
Population of Panama at each census
CensusPopulation
2000212
2010221
2020235

As counted at each census, within the boundaries the area had then; the current estimate is in the glance card.

Sources: Census 2000 Summary File 1: total population, place level, state 19, retrieved November 14, 2026; Census 2010 Summary File 1: total population, place level, state 19, retrieved November 14, 2026; Census 2020 Redistricting Data (P.L. 94-171): total population, place level, state 19, retrieved November 14, 2026.

Household income in Panama
Under $50k35.4%
$50k to $100k28.2%
$100k to $150k14.5%
$150k to $200k2.4%
$200k and over19.4%

Median household income $61,250 · Share of households by income, American Community Survey 5-year 2019-2023, table S1901.

Source: American Community Survey 5-year subject table S1901 (household income) 2019–2023, place level, state 19, retrieved November 14, 2026.

Housing tenure in Panama
Owner occupied
95 units
Renter occupied
29 units
Vacancy rate
8.8%

Occupied housing units by tenure and the share of all units vacant, American Community Survey 5-year 2019-2023, table DP04.

Source: American Community Survey 5-year data profile 2019–2023, place level, state 19, retrieved November 14, 2026.

Panama compared with its county and state
Panama compared with its county and state, American Community Survey 2019-2023
MeasurePanamaShelby CountyIowa
Population28311,7573,195,937
Median household income$61,250$67,690$73,147
Median age36.845.138.6
Median home value$121,600$156,200$195,900
Bachelor’s degree or higher12.6%23.3%30.9%
Foreign-born residents0.0%1.2%5.7%
Owner-occupied homes76.6%75.8%71.5%
Mean commute to work13.4 minutes18.3 minutes19.8 minutes

Source: American Community Survey 5-year data profile 2019–2023, place level, state 19, retrieved November 14, 2026.

CommunityRules and moderation

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Events in PanamaAll events

Coming up in PanamaAll events

No upcoming event is listed in Panama yet. Members and businesses add events from the Events page; each is screened before it shows.

Schools

No public school is listed for Panama: either the NCES directory for Iowa is not loaded yet, or no school's address falls inside Panama’s boundary. Schools in neighbouring towns are on their pages.

Legislative districts

Legislative districts for Panama3
Congressional and state legislative districts for Panama
ChamberDistrict
U.S. House of RepresentativesCongressional District 4 (IA-4)
State legislature, lower chamberState House District 12
State legislature, upper chamberState Senate District 6

Boundaries from the Census Bureau’s TIGER/Line district files, matched to Panama’s own boundary. Who holds each seat appears on the People page once the official records are approved.

Sources: Census cartographic boundaries 2025: congressional districts, 119th Congress, retrieved November 14, 2026; Census cartographic boundaries 2025: state legislative districts, upper chamber, state 19, retrieved November 14, 2026; Census cartographic boundaries 2025: state legislative districts, lower chamber, state 19, retrieved November 14, 2026.

Frequently asked about PanamaPromoted from questions people asked

No question about Panama has been asked often enough to publish an answer yet. Ask Panama and the answer, once a person checks it, appears here.

Nearby towns

Other towns in Shelby County

All towns in Shelby County