Panama, IL Real Estate Overview | Real Living Real Estate

Panama Real Estate Market Conditions

  • Median sales price

    $35,000
    2.53%
    change since last quarter
  • # Active listings

    2
    30-day change

Panama Schools and Demographics

 
Schools
 
  
 
Demographics
 

Education near Panama, IL

City County
High School Graduates 84.85 85.33
College Degree - 2 year 12.12 8.74
College Degree - 4 year 0 12.73
Graduate Degree 0 3.9
Expenditures per Student 11,093 10,445
Students per Teacher 20.4 21.2

Elementary Schools near Panama, IL

Grades Students P/T Ratio ZIP
Beckemeyer Elementary School PK - 05 742 20.1 62049
Coffeen Elementary School PK - 05 244 15.9 62017
New Douglas Mid-Elementary School 03 - 04 66 16.5 62074
Sorento Elementary School PK - 08 187 15.4 62086

Middle Schools near Panama, IL

Grades Students P/T Ratio ZIP
Hillsboro Junior High School 06 - 08 392 16.5 62049

High Schools near Panama, IL

Grades Students P/T Ratio ZIP
Hillsboro High School 09 - 12 516 14.4 62049

Demographics near Panama, IL

City County
Neighborhood Type Rural
Population 331 28,898
Population Density 655 42
Median Age 46.6 41.6
People per Household 2.2 2.2
Median Household Income 31,875 45,158
Average Income per Capita 19,311 20,067

Real Estate in Panama, IL

Panama is located in Illinois. Panama, Illinois has a population of 331. Panama is less family-centric than the surrounding county with 22.81% of the households containing married families with children. The county average for households married with children is 24.7%.

The median household income in Panama, Illinois is $31,875. The median household income for the surrounding county is $45,158 compared to the national median of $53,482. The median age of people living in Panama is 46.6 years.

Panama Environment

The average high temperature in July is 89.3 degrees, with an average low temperature in January of 21.5 degrees. The average rainfall is approximately 41.2 inches per year, with 14.6 inches of snow per year.

Panama Map

Panama Real Estate offices

Real Estate near Panama