| Index | Panama | Iowa | National |
| Income per capita | $32,449 | $28,872 | $29,829 |
| Median household income | $70,625 | $54,570 | $55,322 |
| Median income owner occupied | $75,000 | $66,527 | $70,586 |
| Median income renter occupied | $60,313 | $30,828 | $35,192 |
| Median earnings male | $55,000 | $37,409 | $36,919 |
| Median earnings female | $39,063 | $25,115 | $26,250 |
| Unemployment rate | 0.0% | 3.1% | 4.7% |
| Poverty level | 2.6% | 12.3% | 15.1% |
| Labour Type | Male | Female |
| Construction industry | 6.9% | 6.9% |
| Manufacturing sector | 11.1% | 11.1% |
| Financial & insurance services | 0.0% | 0.0% |
| Wholesale & retail services | 8.3% | 8.3% |
| Public administration | 0.0% | 0.0% |
| Transportation, warehousing & utilities | 38.9% | 38.9% |
| Education, health & social services | 8.3% | 8.3% |
| Other | 25.0% | 25.0% |
| City | Population | Household Income | National Avg. |
| Westphalia, IA | 161 | $81,250 | 46.9% |
| Portsmouth, IA | 171 | $80,938 | 46.3% |
| Buck Grove, IA | 35 | $78,750 | 42.3% |
| Irwin, IA | 327 | $64,063 | 15.8% |
| Kirkman, IA | 54 | $61,250 | 10.7% |
| Panama, IA | 272 | $70,625 | 27.7% |
| City | Population | Household Income | National Avg. |
| Merino, CO | 272 | $0 | 100.0% |
| Donovan, IL | 272 | $37,083 | 33.0% |
| Gagetown, MI | 272 | $33,958 | 38.6% |
| Finesville, NJ | 272 | $55,270 | 0.1% |
| La Jara, NM | 272 | $0 | 100.0% |
| Panama, IA | 272 | $70,625 | 27.7% |
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