Panama employment information

Income per capita$28,351$27,621$28,555
Median household income$54,063$52,716$53,482
Median income owner occupied$55,000$64,199$68,142
Median income renter occupied$51,250$29,226$33,219
Median earnings male$48,194$36,237$36,116
Median earnings female$21,563$24,406$25,692
Unemployment rate0.0%3.7%5.8%
Poverty level6.2%12.6%15.6%

Did you know?

  • The income per capita in Panama is 1% lower than the national average.
  • The median household income in Panama is 1% higher than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Panama is 100% lower than the national average.
  • The poverty level in Panama is 60% lower than the national average.

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Compare Panama, IA Employment To Other Cities

Employment status

Hours worked per week

Panama median earnings by income bracket

Panama employment by industry

Labour TypeMaleFemale
Construction industry6.5%0.0%
Manufacturing sector9.7%10.5%
Financial & insurance services0.0%3.5%
Wholesale & retail services9.7%5.3%
Public administration1.6%0.0%
Transportation, warehousing & utilities43.5%21.1%
Education, health & social services6.5%45.6%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Buck Grove, IA31$56,2505%
Persia, IA302$50,0007%
Westphalia, IA122$48,12510%
Portsmouth, IA183$44,68816%
Dunlap, IA1,172$44,25017%
Panama, IA196$54,0631%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
College City, CA196$97,72783%
Jamestown, LA196$25,50052%
Melvin, MI196$41,00023%
Nikolaevsk, AK196$23,54256%
Caledonia, MO196$33,50037%
Panama, IA196$54,0631%
Source: The Panama, IA employment data displayed above is derived from the United States Census Bureau.