ZIP Code 51562 — Panama, IA

Shelby | 2024 Census Data

Key Takeaway

ZIP code 51562 in Panama, IA has a population of 506 with a median household income of $81,250 and a median home value of $159,000 . The cost of living index is 65.4 (national average = 100).

Population & Age

Total Population
506
Median Age
50.10
Male
200
Female
306

Race & Ethnicity

White
94.5%
Black
0.0%
Hispanic
4.0%
Asian
0.0%
Native American
0.0%
Pacific Islander
0.0%
Two or More
4.4%
Other
1.2%

Income

Median Household
$81,250
Mean Household
$91,579
Per Capita
$36,874
Below Poverty
13.9%

Housing

Median Home Value
$159,000
Median Rent
$940
Total Units
222
Occupied
215
Owner Occupied
87.9%
Renter Occupied
12.1%
Median Year Built
1938
Vacant
7

Education

High School or Higher 99.2%
Bachelor's or Higher 17.7%
Graduate Degree 2.0%

Employment & Commuting

Labor Force
290
Unemployment
1.4%
Drive Alone
52.5%
Public Transit
0.0%
Work from Home
1.8%
Avg Commute
N/A

Cost of Living Index

65.4
National average = 100. Below average by 34.6%.

Nearby ZIP Codes

51565
Portsmouth
2.2 mi
51578
Westphalia
5.2 mi
51530
Earling
6.5 mi
51446
Irwin
8.7 mi
51527
Earling
10.1 mi
51537
Harlan
10.7 mi
51579
Woodbine
12.0 mi
51529
Earling
12.7 mi
51546
Logan
15.4 mi
51447
Kirkman
15.7 mi
51563
Persia
16.0 mi
51570
Shelby
16.8 mi

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 51562?

ZIP code 51562 (Panama, IA) has a total population of 506 according to the 2024 American Community Survey.

What is the median household income in ZIP code 51562?

The median household income in ZIP code 51562 is $81,250 per year, based on 2024 Census Bureau data.

What city is ZIP code 51562 in?

ZIP code 51562 is primarily located in Panama, Iowa (IA).

What is the median home value in ZIP code 51562?

The median home value in ZIP code 51562 is $159,000, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 51562?

The median age in ZIP code 51562 is 50.10 years, compared to the national median of 38.9 years.