Panama employment information

Income per capita$19,311$30,019$28,555
Median household income$31,875$57,166$53,482
Median income owner occupied$35,000$72,851$68,142
Median income renter occupied$14,750$32,466$33,219
Median earnings male$33,036$39,039$36,116
Median earnings female$25,625$26,489$25,692
Unemployment rate4.9%6.6%5.8%
Poverty level21.3%14.4%15.6%

Did you know?

  • The income per capita in Panama is 32% lower than the national average.
  • The median household income in Panama is 40% lower than the national average.
  • Male median earnings are 41% higher than female median earnings.
  • The unemployment rate in Panama is 17% lower than the national average.
  • The poverty level in Panama is 36% higher than the national average.

Find Real Estate Listings In Panama


New Real Estate Listings In Panama

Compare Panama, IL Employment To Other Cities

Employment status

Hours worked per week

Panama median earnings by income bracket

Panama employment by industry

Labour TypeMaleFemale
Construction industry28.2%0.0%
Manufacturing sector56.4%2.8%
Financial & insurance services0.0%8.3%
Wholesale & retail services5.1%22.2%
Public administration0.0%8.3%
Transportation, warehousing & utilities5.1%0.0%
Education, health & social services0.0%52.8%

Nearby cities with high median household income

City, StatePopulationHousehold IncomeNational Avg.
Eagarville, IL161$66,25024%
Grantfork, IL393$59,58311%
New Douglas, IL372$58,75010%
Alhambra, IL675$50,8335%
Mount Olive, IL2,085$50,0007%
Panama, IL235$31,87540%

Cities with similar population

City, StatePopulationHousehold IncomeNational Avg.
Holland, MO235$21,25060%
Summerfield, OH235$29,84444%
Lake Lillian, MN235$41,56322%
Beaverton, AL235$28,95846%
Storden, MN235$41,02323%
Panama, IL235$31,87540%
Source: The Panama, IL employment data displayed above is derived from the United States Census Bureau.