Economy & Jobs — Panama, Illinois
Income & Employment
| Median Household Income (Census) | $72,917 |
|---|
| Estimated 2026 | ~$68,500 |
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| Per Capita Income | $27,332 |
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| Poverty Rate | 9.5% |
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| Unemployment Rate | 6.6% |
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| In Labor Force | 144 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 23.7% |
| Retail | 21.6% |
| Manufacturing | 10.8% |
Local Businesses (County)
| Type | Count |
|---|
| Full Service Restaurants | 10 |
| Insurance Agencies | 9 |
| Fast Food | 9 |
| Physician Offices | 8 |
| Gas Stations | 7 |
| Auto Repair | 6 |
| Commercial Banks | 6 |
| Bars | 5 |
| General Merchandise | 4 |
| Law Offices | 4 |
| Chiropractors | 4 |
| Beauty Salons | 3 |
| Real Estate Offices | 3 |
| Dental Offices | 3 |
| Hotels Motels | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
