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The total population of Panora is estimated to be 1,490 with 703 males (47.18%) and 787 females (52.82%). There are 84 more females than males in Panora.
The median household income in Panora was $64,053 in 2021, which marked an an increase of 2,602(4.23%) from $61,451 in 2020. This income is 85.86% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Panora sees its highest median household income among householders in the age group of 25 to 44 years old, at $86,980. Overall, the median household income for the city of Panora stands at $64,053.
In Panora, the median income for all workers aged 15 years and older, regardless of work hours, was $47,336 for males and $24,176 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,907 for males and $52,694 for females.
In Panora, population is primarily represented by White households, reporting a median income of $64,053.
In 2022, the population of Panora was 1,082, a 0.37% increase year-by-year from 2021. Previously, in 2021, Panora's population was 1,078, a decline of 0.92% compared to a population of 1,088 in 2020.
The median age in Panora, IA is 38.0, as per 2021 ACS 5-Year Estimates. Of the total population, 23.29% were under the age of 15, 19.06% aged 15 to 29, 36.24% aged 30 to 64, 19.19% aged 65 to 84, and 2.21% were 85 years of age and older.
Racial distribution of Panora population: 96.62% are White, 0.91% are Black or African American, 1.43% are some other race and 1.04% are multiracial.