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Learn about the people, housing, costs and businesses in Panama, Iowa
Select a topic to explore real data for Panama.
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Panama.
Estimate payments for homes in Panama.
People, housing & businesses in Panama.
Find and compare lenders active near Panama.
Homeowners, flood & wildfire estimates for Panama.
Income, rent and all-in ownership costs for Panama.
FEMA flood zones and flood insurance estimates for Panama.
Seismic risk and earthquake insurance estimates for Panama.
Wildfire exposure and insurance estimates for Panama.
Mortgage rates for Panama are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.
View current rates for PanamaThe median home value in Panama is $167k. The median monthly rent is $851. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Panama have increased 30.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.
Based on a typical all-in ownership cost of $920/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Panama is $77k/year.
Calculate your buying powerThe largest employment sectors in Panama are public administration (20%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.