B

Panora, IA

Source:

Affordability Score: 70/100

Population: 2,824 · 1 ZIP codes

The affordability dashboard for Panora, IA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 2,824 residents, then layers in county-level federal data to produce an overall grade of B (70/100). The headline inputs are median household income of $79,635, median home value of $228,600, median rent of $1,102 per month, and 31.9% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,318 per month (studio $1,063, 1BR $1,109, 3BR $1,794, 4BR $1,841). Department of Labor data lists infant center-based childcare at $8,534 per year, consuming 11% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Panora, IA include rent. Unemployment currently reads 3.4% and poverty 8.8% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income B-
$79,635
Median household income
Education C-
31.9%
Bachelor's degree or higher
Housing B
2.9x
Home value $228,600 vs income
Commute N/A
N/A
Average commute time
Rent B+
$1,318/mo
2BR fair market rent (20% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare B
$8,534/yr
Center-based infant care (11% of income)

Income & Employment

Median Income
$79,635
▲ 28% vs national
Per Capita Income
$50,780
Unemployment Rate
3.4%
Poverty Rate
8.8%

Housing

Median Home Value
$228,600
▼ 17% vs national
Median Rent
$1,102/mo
Owner Occupied
86.6%
2BR Fair Market Rent
$1,318/mo
▲ 10% vs national

Fair Market Rents by Bedroom

Studio
$1,063
1BR
$1,109
2BR
$1,318
3BR
$1,794
4BR
$1,841

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
31.9%
▲ 2 ppt vs national
High School+
58.7%
Median Age
50.8
Avg. Commute

Childcare Costs

Infant (Center)
$8,534/yr
11% of income
Toddler (Center)
$7,354/yr
Preschool (Center)
$7,354/yr
School-Age (Center)
$5,883/yr

What This Means

Panora, IA receives an overall affordability grade of B (70/100), aggregated from 1 ZIP codes with a total population of 2,824. This area performs well in rent. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Panora ZIP Codes
View all 1 ZIP codes with demographics and individual scorecards
View ZIPs →

What are common questions about this dashboard?

Is Panora, IA affordable?
Panora, IA receives an overall affordability grade of B (70/100) based on Census, HUD, FBI, and DOL data. Median household income is $79,635. Median home value is $228,600.
What is the cost of living in Panora?
Key cost metrics: Median rent $1,102/mo. 2BR fair market rent $1,318/mo. Infant childcare $8,534/yr. Median home value $228,600.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →