Panama, IL Population

The population of Panama is 246, according to the U.S. Census Bureau ACS estimates.
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Updated Jun 23, 2023
Overview
246
Total Population
54.3
Median age
56.50%
Female population %
77:100
Gender ratio (M:F)
60-64 years
Largest age group
56.7
Total dependency ratio
White
Largest racial group
1
Hispanic population

Sources: U.S. Census Bureau, American Community Survey (ACS) 2021

Age

Panama's population is old compared to the rest of the country:

  • The median age in Panama is 54.3, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
  • Panama's population under 18 was 14.63%, compared to the 22.51% nationwide.
  • Panama's elderly or the senior population (over 65 age) was 22.36% as compared to 16.04% nationwide.
  • Of the total population in Panama, 13.82% were under the age of 15, 12.20% aged 15 to 29, 51.63% aged 30 to 64, 19.51% aged 65 to 84, and 2.85% were 85 years of age and older.
The graph shows Panama's population by age group, with age group on x-axis and the respective age group's percent of the total population on y-axis
Panama, IL population by age group. The largest age group was 60-64 years with a poulation of 45 (18.29% of the total population). Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Read more about Panama, IL population by age ➔

Gender

There are 32 more females than males in Panama:

  • The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 56.50% females and 43.50% males in Panama, IL.
  • The Panama, IL gender ratio is 77:100 i.e. 77 men to 100 women (0.770).
  • For male population, the largest age group is 60-64 years with a population of 19.
  • For the female population, the largest age group is 60-64 years with a population of 26.
The grouped bar chart shows Panama, IL population by age and gender across 18 age groups, defined between the age of 0 and 85 and above. The female population is shown in pink color bar and male population is shown in blue color bar. Age group is plotted on x axis and population on y axis.
California population by gender and age. Largest age group (population): Male # 60-64 years (19) | Female # 60-64 years (26). Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Read more about Panama, IL population by gender ➔

Race / Ethnicity

Panama's population is moderately diverse:

  • Racial distribution of Panama population: 99.19% are White, 0.41% are some other race and 0.41% are multiracial.
  • Panama's racial breakdown clearly shows that there is an absolute majority of White population in the village.
  • By ethnicity, 1 is Hispanic or Latino (of any race), and 245 (99.59% of the total population) is Non-Hispanic.
  • The largest racial group in Panama is White with a population of 244 (99.19% of the total population).
The bar chart shows Panama, IL population by race, in percentage. The numbers shown are based on the American Community Survey respondents self identified race. The Hispanic and Latino population is spread across the races identified and not as a separate race category.
Panama, IL population by race. The largest racial group in Panama is White with a population of 244 (99.19% of the total population). Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Read more about Panama, IL population by race ➔

Year by year

Panama's population has already reached its peak and is showing a trend of decline:

  • The peak population was 339 in the year 2010
  • From 2000 to 2010, Panama's population increased by 21 (6.60%), as compared to the national growth of 9.63%.
  • From 2010 to 2020, Panama's population decreased by 8 (2.36%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
  • Between the year 2000 and 2022, Panama's population was lowest in year 2009 at 309.
The graph shows Panama's population from 2000 to 2022, with years on x-axis and population on y-axis
Panama's population from 2000 to 2022. The estimated population at the end of 2022 was 327. Source: U.S. Census Bureau (Population Estimates Program)

Read more about Panama, IL population by year ➔

References

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Panama, IL Demographics

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Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

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