Irwin vs Panama

A side-by-side comparison of Irwin and Panama: population, income, housing, and more.

Irwin and Panama are places in Iowa. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Irwin has the higher population (297 vs 283 in Panama). Panama has the higher median household income ($61,250 vs $47,917 in Irwin). Panama has the higher median home value ($121,600 vs $71,100 in Irwin).

Population, income & housing

	Irwin	Panama
Population	297	283
Median age	46.6 yrs	36.8 yrs
Median household income	$47,917	$61,250
Median home value	$71,100	$121,600
Median gross rent	$700	$939
Housing units	158	136
Homeownership rate	89.4%	76.6%
Bachelor's degree or higher	25.9%	12.6%
Unemployment rate	0.7%	0.0%

Trends (ACS 5-year, 2019–2023)

	Irwin	Panama
Population	344 → 297 (-13.7%)	204 → 283 (+38.7%)
Median household income	$62,708 → $47,917 (-23.6%)	$62,000 → $61,250 (-1.2%)
Median home value	$67,400 → $71,100 (+5.5%)	$88,900 → $121,600 (+36.8%)
Median gross rent	$542 → $700 (+29.2%)	—

Irwin

Population

344297

Median household income

$62,708$47,917

Median home value

$67,400$71,100

Median gross rent

$542$700

Panama

Population

204283

Median household income

$62,000$61,250

Median home value

$88,900$121,600

Age & race/ethnicity

Age distribution (share)

	Irwin	Panama
Under 5	3.0%	2.8%
5 to 17	17.8%	27.2%
18 to 24	16.8%	5.7%
25 to 34	8.1%	10.2%
35 to 44	2.0%	16.6%
45 to 54	13.8%	19.8%
55 to 64	11.8%	7.1%
65 to 74	12.1%	5.3%
75 and over	14.5%	5.3%

Race & ethnicity (share)

	Irwin	Panama
White (non-Hispanic)	92.9%	89.0%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.7%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	1.8%
Two or more races	0.7%	0.7%
Hispanic or Latino	6.4%	7.8%

Educational attainment (age 25+)

Share of adults 25+

	Irwin	Panama
No high school diploma	5.4%	2.7%
High school graduate	29.2%	25.8%
Some college or associate's	39.5%	58.8%
Bachelor's degree	19.5%	9.3%
Graduate or professional degree	6.5%	3.3%

Commute to work

How workers get to work (share)

	Irwin	Panama
Drove alone	78.9%	78.9%
Carpooled	9.5%	0.6%
Public transit	0.0%	0.0%
Walked	3.4%	12.6%
Bicycle	0.0%	0.0%
Worked from home	7.5%	8.0%
Other means	0.7%	0.0%

Housing

Units in structure (share)

	Irwin	Panama
1-unit, detached	93.7%	89.0%
1-unit, attached	0.0%	0.0%
2 to 4 units	3.2%	11.0%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	3.2%	0.0%

Poverty & households

	Irwin	Panama
Poverty rate	12.9%	4.3%
Average household size	2.11	2.28
Mean commute (minutes)	18	13
Median year structure built	1947	1951