Living in Panora, Iowa
Cost of living, income, home prices, rent and demographics of Panora · Census data 2020–2024
Panora has 1,579 residents with a median age of 38.3. The median household income is $66,339 (12% lower than the Iowa median), the median home value is $182,000, the median rent is $1,040/month.
Panora at a glance
- Population
- 1,579
- Median age
- 38.3State: 38.6
- Median household income
- $66,339State: $75,059
- Median home value
- $182,000State: $208,000
- Median rent
- $1,040/moState: $972
- Homeowners
- 80.5%
- Bachelor's degree or higher
- 23.7%
- Average commute
- 23 min
Is Panora a good place to live?
Pros: Home values 13% lower than the state median; a poverty rate of 9.3%.
Cons: Median household income 12% lower than the Iowa median; an average commute of 23 minutes; unemployment of 6.3%.
The weather is best in May–June and August–September.
Cost of living in Panora
Housing is the biggest part of the cost of living. In Panora the median home value is $182,000, 45% lower than the U.S. median. Renters pay a median of $1,040 per month, which is 43.2% of household income. Homeowners with a mortgage pay $1,320 a month in housing costs.
Panora median household income
The median household income in Panora is $66,339 and the income per person is $36,930. 9.3% of residents live below the poverty line (Iowa: 11.1%).
Housing in Panora: homes for sale and rent
- Housing units
- 676
- Owner-occupied
- 80.5%
- Renter-occupied
- 19.5%
- Vacant
- 9.8%Includes seasonal homes
- Median year built
- 1948
- Average household size
- 2.52
Panora demographics
- Population
- 1,579
- Median age
- 38.3
- Under 18
- 29.1%
- 65 and older
- 20.5%
- Households
- 610
- Foreign-born
- 1.5%
- Veterans
- 6.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Panora ›
Education in Panora
23.7% of adults 25 and older in Panora have a bachelor's degree or higher (Iowa: 31.4%), and 9.4% have a graduate or professional degree.
Jobs and commute in Panora
- Unemployment rate
- 6.3%State: 3.6%
- Average commute
- 23 minState: 20 min
- Work from home
- 20.5%
- Drive alone
- 62.2%
- Public transit
- 0%
- Walk to work
- 6.4%
- Homes with broadband
- 91.8%
Panora vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Panora | 1,579 | $66,339 | $182,000 | $1,040 |
| Lake Panorama | 928 | $126,563 | $388,600 | — |
| Yale | 405 | $54,464 | $80,800 | $775 |
| Linden | 150 | $107,813 | $112,500 | — |
| Guthrie Center | 1,689 | $71,116 | $123,800 | $868 |
| Jamaica | 189 | $52,250 | $67,000 | $498 |
| Redfield | 780 | $66,094 | $142,800 | $832 |
| Diamondhead Lake | 285 | $148,542 | $411,800 | — |
| Bagley | 223 | $38,906 | $80,000 | $592 |
More for people moving to Panora
Panora ZIP code ›Weather and climate ›Living in Panora: FAQ
What is the median household income in Panora, IA?
The median household income in Panora is $66,339, 12% lower than the Iowa median of $75,059 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Panora?
The median home value in Panora is $182,000, compared with $208,000 in Iowa.
How much is rent in Panora?
The median gross rent in Panora is $1,040 per month, about 43.2% of household income.
Is Panora, IA a good place to live?
Pluses: home values 13% lower than the state median; a poverty rate of 9.3%. Minuses: median household income 12% lower than the Iowa median; an average commute of 23 minutes; unemployment of 6.3%.
What is the median age in Panora?
The median age in Panora is 38.3 years (Iowa: 38.6).
How long is the commute in Panora?
The average commute to work in Panora is 23 minutes; 20.5% of workers work from home.
What is the unemployment rate in Panora?
The unemployment rate in Panora is 6.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Panora?
23.7% of adults in Panora have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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