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Panama, Illinois
Location of Panama in Bond County, Illinois.
Location of Panama in Bond County, Illinois.
Location of Illinois in the United States
Location of Illinois in the United States
Country United States
State Illinois
County Bond
Area
 • Total 0.37 sq mi (0.95 km2)
 • Land 0.36 sq mi (0.94 km2)
 • Water 0.00 sq mi (0.00 km2)  0%
Elevation
591 ft (180 m)
Population
 (2020)
 • Total 337
 • Density 923.29/sq mi (356.75/km2)
Time zone UTC-6 (CST)
 • Summer (DST) UTC-5 (CDT)
ZIP Code(s)
62077
Area code(s) 217
FIPS code 17-57498
Wikimedia Commons Panama, Illinois

Panama is a village in Montgomery and Bond counties, Illinois, United States. The population was 343 at the 2010 census.

History

The town was founded in the early 20th century when the Shoal Creek Coal Company of Chicago sank a coal mine shaft there. The shaft was completed in 1906. The town attracted many European immigrants.

Geography

Panama is located at 39°1′50″N 89°31′25″W / 39.03056°N 89.52361°W / 39.03056; -89.52361 (39.030451, -89.523548).

According to the 2010 census, Panama has a total area of 0.361 square miles (0.93 km2), of which 0.36 square miles (0.93 km2) (or 99.72%) is land and 0.001 square miles (0.00 km2) (or 0.28%) is water.

Two-thirds of the village is in Montgomery County, with the remainder in Bond County. Local law enforcement is dispatched through the Montgomery County Sheriff's Office in Hillsboro.

Demographics

Historical population
Census Pop.
1910 708
1920 1,281 80.9%
1930 1,026 −19.9%
1940 627 −38.9%
1950 520 −17.1%
1960 487 −6.3%
1970 423 −13.1%
1980 637 50.6%
1990 294 −53.8%
2000 323 9.9%
2010 343 6.2%
2020 337 −1.7%
U.S. Decennial Census

As of the census of 2000, there were 323 people, 155 households, and 84 families residing in the village. The population density was 958.3 people per square mile (366.8/km2). There were 174 housing units at an average density of 516.2 per square mile (197.6/km2). The racial makeup of the village was 97.83% White, 0.93% Native American, and 1.24% from two or more races.

There were 155 households, out of which 20.6% had children under the age of 18 living with them, 42.6% were married couples living together, 6.5% had a female householder with no husband present, and 45.2% were non-families. 41.3% of all households were made up of individuals, and 16.8% had someone living alone who was 65 years of age or older. The average household size was 2.08 and the average family size was 2.75.

In the village, the population was spread out, with 20.4% under the age of 18, 6.2% from 18 to 24, 27.2% from 25 to 44, 24.1% from 45 to 64, and 22.0% who were 65 years of age or older. The median age was 43 years. For every 100 females, there were 87.8 males. For every 100 females age 18 and over, there were 87.6 males.

The median income for a household in the village was $28,889, and the median income for a family was $38,125. Males had a median income of $29,861 versus $17,250 for females. The per capita income for the village was $21,634. About 7.5% of families and 14.0% of the population were below the poverty line, including 15.9% of those under age 18 and 8.3% of those age 65 or over.

Notable person

  • John L. Lewis, nationally known union organizer, coal miner in Panama (1909-1915)

See also

Kids robot.svg In Spanish: Panama (Illinois) para niños

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