62077 ZIP Code – Panama, Illinois

62077 is a very small ZIP code in Panama, Illinois, part of Montgomery County with a population of approximately 317 residents. The median household income is $59,643 — below the Illinois average and below the national average. The median home value of $68,600 is well below the national average, with 92.4% owner-occupied housing (increasing). , with median rent coming in at $1,067 — near the national figure. Housing consists of 88% single-family (decreasing).

At 12.5%, the unemployment rate is well above the national figure. The poverty rate of 9.5% is below the U.S. average. Bachelor's degree attainment is 7.5%, well below the national average. Residents have a median age of 48.5, near the U.S. median. Nearby ZIP codes include 62019, 62086, 62091.

ZIP Code 62077 Data

Population 317
Median Household Income $59,643
Median Home Value $68,600
Median Rent $1,067
Median Age 48.5
Unemployment Rate 12.5%
Poverty Rate 9.5%
Bachelor's Degree or Higher 7.5%
State Illinois

ZIP 62077 vs. Illinois vs. U.S.

MetricZIP 62077IL Avg.U.S. Avg.
Population3179,19710k
Median Household Income$59k$75k$73k
Median Home Value$68k$176k$258k
Median Rent$1,067$984$1,088
Median Age48.542.543.2
Unemployment Rate12.5%5.2%5.0%
Poverty Rate9.5%11.4%13.3%
Bachelor's Degree or Higher7.5%25.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
62019 DONNELLSON 317 $52,031
62086 SORENTO 1,213 $50,391
62091 WALSHVILLE 325 $76,250
62089 TAYLOR SPRINGS 528 $45,729
62049 HILLSBORO 8,195 $64,980