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Panama Real Estate Market Conditions

  • Median sales price

    $56,100
    0.3%
    change since last quarter
  • # Active listings

    3
    30-day change

Panama Schools and Demographics

 
Schools
 
  
 
Demographics
 

Education near Panama, IL

City County
High School Graduates 78.87 84.9
College Degree - 2 year 4.93 8.36
College Degree - 4 year 0 12.41
Graduate Degree 0 3.08
Expenditures per Student 9,977 9,977
Students per Teacher 16.1 16.4

Elementary Schools near Panama, IL

Grades Students P/T Ratio ZIP
Beckemeyer Elementary School PK - 05 711 19.2 62049
Coffeen Elementary School PK - 05 248 24.8 62017
New Douglas Mid-Elementary School 03 - 04 76 21.7 62074
Sorento Elementary School PK - 08 196 17.2 62086

Middle Schools near Panama, IL

Grades Students P/T Ratio ZIP
Hillsboro Junior High School 06 - 08 394 17.1 62049

High Schools near Panama, IL

Grades Students P/T Ratio ZIP
Hillsboro High School 09 - 12 539 17.5 62049

Demographics near Panama, IL

City County
Neighborhood Type Rural
Population 180 29,977
Population Density 501 43
Median Age 47.9 41.8
People per Household 1.7 2.2
Median Household Income 24,375 42,261
Average Income per Capita 16,609 21,550

Real Estate in Panama, IL

Panama is located in Illinois. Panama, Illinois has a population of 180. Panama is more family-centric than the surrounding county with 29.17% of the households containing married families with children. The county average for households married with children is 28.45%.

The median household income in Panama, Illinois is $24,375. The median household income for the surrounding county is $42,261 compared to the national median of $53,046. The median age of people living in Panama is 47.9 years.

Panama Environment

The average high temperature in July is 90 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 39.2 inches per year, with 16.6 inches of snow per year.

Panama Map

Panama Real Estate offices

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Real Living Vandalia Real Estate, Inc
1442 N. 8th St.
Vandalia, IL
618-283-4436
Real Estate Agents & Staff


Real Estate near Panama