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Panama, IA Income and Careers

 
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As of 2010-2014, the per capita income of Panama is $28,351, which is about the same as the state average of $27,621 and is about the same as the national average of $28,555. Panama median household income is $54,063, which has grown by 42.58% since 2000. The median household income growth rate is higher than the state average rate of 33.56% and is much higher than the national average rate of 27.36%. On average Panama residents spend 17.3 minutes per day commuting to work, which is about the same as the state average of 18.3 minutes and is lower than the national average of 25.7 minutes.

Topics:Per Capita IncomeMedian Workers IncomeHousehold IncomeFamily IncomeMedian Income by AgeEmployment StatusCommuting to WorkCareersPoverty Level

Per Capita Income, #144

Panama, IA
28,351 USD
Iowa
27,621 USD
U.S.
28,555 USD

*Based on 2010-2014 data. View historical per capita income data.

Median Individual Worker Income, see rank

Panama, IA
30,278 USD
Iowa
30,246 USD
U.S.
30,815 USD

*Based on 2010-2014 data. View historical median individual worker income data.


Male Median Individual Worker Income, see rank
Panama, IA
48,194 USD
Iowa
36,237 USD
U.S.
36,116 USD

*Based on 2010-2014 data. View historical male median individual worker income data.


Female Median Individual Worker Income, see rank
Panama, IA
21,563 USD
Iowa
24,406 USD
U.S.
25,692 USD

*Based on 2010-2014 data. View historical female median individual worker income data.

Household Income

Median Household Income, #234
Panama, IA
54,063 USD
Iowa
52,716 USD
U.S.
53,482 USD
Mean Household Income, see rank
Panama, IA
62,910 USD
Iowa
67,621 USD
U.S.
74,596 USD
Median Household Income Growth Since 2000, #312
Panama, IA
42.58%
Iowa
33.56%
U.S.
27.36%
Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more


Household Income Other than Earnings
 Panama, IAIowaU.S.
%+Average Amount%+Average Amount%+Average Amount
Interest, Dividends, or Net Rental Income37.50%$8,576, see rank25.52%$14,12921.11%$16,919
Social Security Income30.68%$17,493, see rank29.97%$17,95229.33%$17,636
Public Assistance Income-1.14%$0, see rank2.52%$3,1702.82%$3,720
Retirement Income17.05%$17,227, see rank16.50%$19,17917.85%$24,095
+ The percentage of the total households that have the income.

*Based on 2010-2014 data. View historical household income data.

Family Income

Median Family Income, see rank
Panama, IA
69,250 USD
Iowa
66,829 USD
U.S.
65,443 USD
Mean Family Income, see rank
Panama, IA
77,861 USD
Iowa
81,424 USD
U.S.
86,963 USD
Ranks: $10k or less, $10k-$20k, $20k-$30k, $30k-$40k, $40k-$50k, $50k-$75k, $75k-$100k, $100k-$150k, $150k-$200k, $200k or more

*Based on 2010-2014 data. View historical family income data.

Median Household Income by Races

 Panama, IAIowaU.S.
White$54,063, see rank$53,780$56,900

*Based on 2010-2014 data. View historical median household income by races data.

Median Household Income by Age

 Panama, IAIowaU.S.
25 to 44$56,667, see rank$60,276$58,398
45 to 64$58,125, see rank$65,223$65,027
65 or over$51,250, see rank$35,945$37,945

*Based on 2010-2014 data. View historical median household income by age data.

Employment Status

 Panama, IAIowaU.S.
Population 16 Years and Over161, see rank2,434,242248,775,628
Male182, 50.93%, see rank49.16%48.69%
Male, In Labor Force:262, 75.61%, see rank72.48%69.28%
Male, In Armed Forces20, 0.00%, see rank0.13%0.73%
Male, Civilian262, 75.61%, see rank72.35%68.54%
Male, Civilian, Employed362, 100.00%, see rank94.10%90.49%
Male, Civilian, Unemployed30, 0.00%, see rank5.90%9.51%
Male, Not in Labor Force220, 24.39%, see rank27.52%30.72%
Female179, 49.07%, see rank50.84%51.31%
Female, In Labor Force:257, 72.15%, see rank63.54%58.79%
Female, In Armed Forces20, 0.00%, see rank0.02%0.11%
Female, Civilian257, 72.15%, see rank63.52%58.69%
Female, Civilian, Employed357, 100.00%, see rank95.12%91.18%
Female, Civilian, Unemployed30, 0.00%, see rank4.88%8.82%
Female, Not in Labor Force222, 27.85%, see rank36.46%41.21%
1 Percentage of the population of 16 years and over.
2 Percentage of the population of 16 years and over for the gender.
3 Percentage of the Civilian for the gender.

*Based on 2010-2014 data. View historical employment status data.

Commuting to Work

 Panama, IAIowaU.S.
Workers 16 Years and Over112, 100%1,535,285141,337,148
Car, Truck, or Van—Drove Alone83, 74.11%, see rank80.26%76.41%
Car, Truck, or Van—Carpooled8, 7.14%, see rank9.03%9.59%
Public Transportation0, 0.00%, see rank1.07%5.06%
Walked17, 15.18%, see rank3.51%2.78%
Other Means2, 1.79%, see rank1.52%1.79%
Worked at Home2, 1.79%, see rank4.61%4.37%

Mean Travel Time to Work, see rank
Panama, IA
17.3 minutes
Iowa
18.3 minutes
U.S.
25.7 minutes
Ranks: 9 min. or less, 10-19 min., 20-29 min., 30-39 min., 40-59 min., 60-89 min., 90min. or more

*Based on 2010-2014 data. View historical commuting to work data.

Careers


Occupation
 Panama, IAIowaU.S.
Civilian Employed, 16 Years and Over1191,562,492143,435,233
Male162, 52.10%, see rank52.14%52.38%
Management, Professional, and Related Occupations213, 20.97%, see rank30.74%33.12%
Service Occupations24, 6.45%, see rank11.30%15.12%
Sales and Office Occupations27, 11.29%, see rank16.55%17.47%
Farming, Fishing, and Forestry Occupations23, 4.84%, see rank1.83%1.11%
Construction, Extraction, Maintenance, and Repair Occupations24, 6.45%, see rank9.01%9.29%
Production, Transportation, and Material Moving Occupations226, 41.94%, see rank24.15%17.94%
Female157, 47.90%, see rank47.86%47.62%
Management, Professional, and Related Occupations221, 36.84%, see rank38.28%40.04%
Service Occupations212, 21.05%, see rank22.21%21.52%
Sales and Office Occupations219, 33.33%, see rank31.38%31.93%
Farming, Fishing, and Forestry Occupations20, 0.00%, see rank0.39%0.32%
Construction, Extraction, Maintenance, and Repair Occupations20, 0.00%, see rank0.27%0.28%
Production, Transportation, and Material Moving Occupations25, 8.77%, see rank7.19%5.65%
1 Percentage of the civilian employed, 16 years and over.
2 Percentage of the civilian employed, 16 years and over for the gender.

Industry
 Panama, IAIowaU.S.
Civilian Employed, 16 Years and Over119, 100%1,562,492143,435,233
Agriculture, Forestry, Fishing, Hunting, Mining6, 5.04%, see rank3.99%1.96%
Construction4, 3.36%, see rank6.14%6.17%
Manufacturing10, 8.40%, see rank14.92%10.43%
Wholesale Trade2, 1.68%, see rank2.90%2.75%
Retail Trade7, 5.88%, see rank11.67%11.57%
Transportation, Warehousing, Utilities39, 32.77%, see rank4.60%4.93%
Information5, 4.20%, see rank1.83%2.14%
Finance, Insurance, Real Estate, Rental, Leasing2, 1.68%, see rank7.56%6.60%
Professional, Scientific, Management,
Administrative, Waste Management Services
3, 2.52%, see rank7.09%10.89%
Educational Services, Health Care, Social Assistance30, 25.21%, see rank24.27%23.21%
Arts, Entertainment, Recreation,
Accommodation, Food Services
2, 1.68%, see rank7.44%9.49%
Public Administration1, 0.84%, see rank3.25%4.92%
Other Services, Except Public Administration8, 6.72%, see rank4.32%4.96%

*Based on 2010-2014 data. View historical careers data.

Poverty Level

 Panama, IA%IowaU.S.
Population in Poverty126.19%, see rank12.55%15.59%
Family in Poverty47.84%, see rank8.17%11.47%

*Based on 2010-2014 data. View historical poverty level data.


 
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