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ZIP Code 51562
Panama, IA, Shelby County
Population
506
Land area
34sq mi
People per sq mi
15
City
Panama
ZIP 51562 and nearby ZIP codes
ZIP 51562 at a glance
- ZIP 51562 (Panama) is 74% less dense than Iowa as a whole.
- Households here earn a median of $81,250 a year, 8% more than the Iowa figure of $75,059.
- A typical owner-occupied home is valued at $159,000 (24% below Iowa) and median rent is $940 a month.
Local data for ZIP 51562
Counts from official public data
Housing and community stats
ZIP 51562, American Community Survey 2020-2024
Median household income
$81,250
Poverty rate
13.9%
Median home value
$159,000
Median rent
$940/mo
Homeownership
87.9%
Bachelor's or higher
17.7%
Median age
50.1
Average commute
12.1 min
Economy and federal money
Businesses, pandemic loans and political donations
Business establishments
15
ZIP Business Patterns 2023
Employees
214
$11.4M annual payroll
PPP loans
$5.3M
124 loans
Environment and hazard risk
ZIP 51562, from FEMA, NOAA and EPA
Natural hazard risk
Very Low
Top: drought
Storm events since 1996
427
Countywide, mostly hail
Flood insurance policies
19
0.3% of homes, county
July high / Jan low
86° / 10°F
34.3 inches of rain a year
Health statistics
Share of adults in ZIP 51562, CDC PLACES estimates
Obesity
39.0%
U.S. 33.3% +5.7 pts
Diabetes
12.5%
U.S. 12.1% about the same
Smoking
16.6%
U.S. 12.8% +3.8 pts
Uninsured (18-64)
6.1%
U.S. 11.1% -5.0 pts
Frequently asked questions
- What city is ZIP code 51562?
- ZIP code 51562 is in Panama, IA (Shelby County).
- What county is ZIP code 51562 in?
- ZIP code 51562 is mostly in Shelby County, Iowa.
- How many people live in ZIP code 51562?
- About 506 people live in the 51562 ZIP Code Tabulation Area, based on American Community Survey 5-year estimates.
Source: U.S. Census Bureau (ZIP Code Tabulation Areas, American Community Survey) · Data as of 12/31/2023. ZIP Code Tabulation Areas closely match, but are not identical to, USPS ZIP code delivery areas.