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Panama, Illinois
Location in Bond and Montgomery counties, Illinois
Location in Bond and Montgomery counties, Illinois
Panama, Illinois is located in the United States
Panama, Illinois
Panama, Illinois
Location in the United States
Country United States
State Illinois
Counties Bond, Montgomery
Townships Shoal Creek, Grisham
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
594 ft (181 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
62077
Area code(s) 217
FIPS code 17-57498
GNIS feature ID 2399617
Wikimedia Commons Panama, Illinois

Panama is a small village located in the state of Illinois, USA. It sits across two counties: Montgomery and Bond. In 2020, about 337 people lived there.

A Look Back in Time

Panama was started in the early 1900s. A company from Chicago called the Shoal Creek Coal Company dug a coal mine shaft here. This big digging project was finished in 1906. Many people from Europe came to live and work in Panama during this time.

Where is Panama Located?

Panama is right on the edge of Bond and Montgomery counties. It is about 11 miles (18 km) south of Hillsboro. Hillsboro is the main town for Montgomery County. Panama is also about 16 miles (26 km) northwest of Greenville, which is the main town for Bond County.

Land and Water Around Panama

The village of Panama covers about 0.37 square miles (0.95 square kilometers). Most of this area is land. Only a tiny bit, about 0.002 square miles (0.005 square kilometers), is water.

Panama is built on a low ridge. To the west, there is a stream called Shoal Creek. To the east, there is another stream called Bearcat Creek. Shoal Creek flows south and eventually joins the Kaskaskia River.

Local Government and Services

Most of Panama is in Montgomery County. The rest is in Bond County. When people in Panama need help from the police, they call the Montgomery County Sheriff's Office in Hillsboro.

Who Lives in Panama?

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

In 2020, there were 337 people living in Panama. There were 111 households, which are groups of people living in one home. About 59 of these were families.

Most people in Panama are White, making up about 93.77% of the population. There are also people from other backgrounds, including Asian and those of two or more races. About 2.08% of the population is Hispanic or Latino.

Age Groups in the Village

The people in Panama are of different ages:

  • About 18.1% are under 18 years old.
  • About 23% are between 25 and 44 years old.
  • About 28% are between 45 and 64 years old.
  • About 25.8% are 65 years old or older.

The average age in the village is about 50.5 years.

Famous People from Panama

  • John L. Lewis was a well-known leader of labor unions. He worked as a coal miner in Panama from 1909 to 1915. He later became very important in helping workers get fair treatment.

See also

Kids robot icon In Spanish: Panama (Illinois) para niños

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