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Panama, IL - Aerial view of neighborhood and surrounding area
Comprehensive Data Report

Panama, IL

ZIP Code 62077

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Montgomery County

Population
317
Median Income
$59,643
Home Value
$68,600
Livability
71/100
Total Population
317
Median Household Income
$59,643
Median Home Value
$68,600
Median Rent
$1,067

Key Insights

What the data tells us about this area

Median household income is 51% lower than the state average, indicating a more affordable area.

Home values are 88% lower than the state average. More affordable housing options are available here.

77% owner-occupancy rate indicates a stable residential community with strong homeownership.

Quick Facts & Insights

Key metrics and how they compare

Household Income
$59,643
50.8% below state avg
Home Value
$68,600
87.7% below state avg
Rent
$1,067
57.5% below state avg
Population Density
317 residents
Median Age
48.2 years
Safety Score
54/100
Moderate safety

Livability Score

Overall quality of life rating based on key factors

Overall Livability
71
Good
Out of 100

Score Breakdown

Amenities
75/100
Cost of Living
100/100
Safety
54/100
Education
25/100
Employment
88/100
Housing
96/100
Weather
69/100

Data Sources & Accuracy

Official Government Data:Demographics and housing statistics are from the U.S. Census Bureau API (American Community Survey 5-Year Estimates). Weather and climate data comes from the National Oceanic and Atmospheric Administration (NOAA) API with official climate normals from the nearest weather station. Crime statistics are from the FBI Crime Data Explorer API, with county-level data when available, otherwise state-level official data.
Modeled Estimates:Schools and some economic indicators are currently modeled using statistical methods based on national averages and regional patterns. For critical decisions, verify with official sources:

Learn more about our data sources and methodology on our Data Sources page.

Location Map

Panama, IL 62077

Coordinates: 39.0317°, -89.5237°Open in Google Maps

Cost of Living

Compared to national average (100 = US average)

Overall Cost Index
69
Lower than avg
100 = US National Average

Cost Index by Category

Housing
24
Below avg
Transportation
92
Average
Healthcare
96
Average
Groceries
89
Below avg
Utilities
94
Average
Overall
69
Below avg

Economy & Employment

Job market and economic indicators

Labor Force
199
Employment Rate
87.9%
Avg. Commute
22 min
Work From Home
8%

Top Industries by Employment

Industry Breakdown

Healthcare & Social Assistance
16.2%
Professional Services
15.1%
Education
12.8%
Retail Trade
12.4%
Manufacturing
10.4%
Total Employed
175
Total Unemployed
24
Unemployment Rate
12.1%

Nearby ZIP Codes

Explore surrounding areas

62019
3.7 mi
Donnellson, IL
62086
5.1 mi
Sorento, IL
62091
5.1 mi
Walshville, IL
62089
6.4 mi
Taylor Springs, IL
62049
7.9 mi
Hillsboro, IL
62017
8.2 mi
Coffeen, IL
62056
9.6 mi
Litchfield, IL
62032
10.4 mi
Fillmore, IL
62094
11.0 mi
Witt, IL
62246
11.5 mi
Greenville, IL
62015
12.3 mi
Butler, IL
62262
13.1 mi
Mulberry Grove, IL

Demographics Overview

Comprehensive population statistics and demographic breakdown

Age Distribution

Population by age group

Household Income Distribution

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Median Age
48.2 years
Per Capita Income
$27,632
Poverty Rate
6.0%

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