Panama, IL
Panama is located in south Illinois. Panama is part of Montgomery County. Panama has 0.36 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Panama population is 235, which has shrunk 27.24% since 2000. The population growth rate is much lower than the state average rate of 3.62% and is much lower than the national average rate of 11.61%. Panama median household income is $31,875 in 2010-2014 and has grown by 10.34% since 2000. The income growth rate is much lower than the state average rate of 22.70% and is much lower than the national average rate of 27.36%. Panama median house value is $52,100 in 2010-2014 and has grown by 85.41% since 2000. The house value growth rate is much higher than the state average rate of 34.33% and is much higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Panama is close to the state average in quality. The Panama area code is 217.
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