Panama, IA Demographics

A map of Panama's Population by Race

Race	2024 Pop	2020 Pop	2024 %	2020 %
White	217	229	88.6%	97.4%
Hispanic	20	1	8.2%	0.4%
Native American/Other	6	0	2.4%	0.0%
Multiracial	2	5	0.8%	2.1%
Black	0	0	0.0%	0.0%
Asian	0	0	0.0%	0.0%

Panama, Iowa has an estimated population of 245, an increase from the 235 recorded in the 2020 Census. The population is 88.6% White, 8.2% Hispanic, 2.4% Native American/Other, 0.8% Multiracial, 0.0% Black, and 0.0% Asian. This demographic dot map shows the population of Panama, with one dot drawn for each person counted by the Census, color-coded by race.

Panama has become considerably more racially diverse since the 2020 Census. It is considerably less diverse than Iowa overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Panama, that probability was 5.0% in 2020 and 20.8% in the most recent ACS estimates.

Panama is ranked the 660th most populous place in Iowa, out of 1,026 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Panama was ranked the 647th most populous place in the 2020 Census.

Panama's White Population

217 residents of Panama, or 88.6% of the population, identify as White. The share of White residents in Panama is higher than in Iowa overall, where 82.3% of the population is White. Panama ranks 77th statewide in terms of White residents as a share of the population, out of 1,026 places.

Since the 2020 Census, Panama's White population has declined by an estimated 5.2%. White residents' share of Panama's population has decreased from 97.4% to 88.6%.

Panama is less White than neighboring Earling (92.7% White), Westphalia (100% White), Portsmouth (91.7% White), Tennant (96.4% White), and Harlan (90.5% White).

Panama's Black Population

0 residents of Panama, or 0.0% of the population, identify as Black. The share of Black residents in Panama is slightly lower than in Iowa overall, where 3.8% of the population is Black. Panama ranks 600th statewide in terms of Black residents as a share of the population, out of 1,026 places.

Since the 2020 Census, Panama's Black population has grown from 0 to an estimated 0. Black residents' share of Panama's population has remained roughly unchanged at 0.0%.

Panama is less Black than neighboring Earling (0.8% Black), and Harlan (0.7% Black).

Panama's Asian Population

0 residents of Panama, or 0.0% of the population, identify as Asian. The share of Asian residents in Panama is slightly lower than in Iowa overall, where 2.5% of the population is Asian. Panama ranks 543rd statewide in terms of Asian residents as a share of the population, out of 1,026 places.

Since the 2020 Census, Panama's Asian population has grown from 0 to an estimated 0. Asian residents' share of Panama's population has remained roughly unchanged at 0.0%.

Panama's Hispanic Population

20 residents of Panama, or 8.2% of the population, identify as Hispanic. The share of Hispanic residents in Panama is comparable to the share in Iowa overall, where 7.3% of the population is Hispanic. Panama ranks 918th statewide in terms of Hispanic residents as a share of the population, out of 1,026 places.

Since the 2020 Census, Panama's Hispanic population has grown by an estimated 1900.0%. Hispanic residents' share of Panama's population has increased from 0.4% to 8.2%.

Panama is more Hispanic than neighboring Earling (5.4% Hispanic), Westphalia (0% Hispanic), Portsmouth (2% Hispanic), Tennant (0% Hispanic), and Harlan (4.8% Hispanic).

Panama's Native American/Other Population

6 residents of Panama, or 2.4% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Panama is comparable to the share in Iowa overall, where 0.6% of the population is Native American/Other. Panama ranks 637th statewide in terms of Native American/Other residents as a share of the population, out of 1,026 places.

Since the 2020 Census, Panama's Native American/Other population has grown from 0 to an estimated 6. Native American/Other residents' share of Panama's population has increased from 0.0% to 2.4%.

Panama is more Native American/Other than neighboring Earling (0% Native American/Other), Westphalia (0% Native American/Other), Portsmouth (0% Native American/Other), Tennant (0% Native American/Other), and Harlan (0.6% Native American/Other).

Panama's Multiracial Population

2 residents of Panama, or 0.8% of the population, identify as Multiracial. The share of Multiracial residents in Panama is slightly lower than in Iowa overall, where 3.5% of the population is Multiracial. Panama ranks 671st statewide in terms of Multiracial residents as a share of the population, out of 1,026 places.

Since the 2020 Census, Panama's Multiracial population has declined by an estimated 60.0%. Multiracial residents' share of Panama's population has decreased from 2.1% to 0.8%.

Panama is more Multiracial than neighboring Westphalia (0% Multiracial). Panama is less Multiracial than neighboring Earling (1% Multiracial), Portsmouth (6.4% Multiracial), Tennant (3.6% Multiracial), and Harlan (3.5% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.