Panama, IL · standard
ZIP Code 62077
Montgomery County, Illinois - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 347
- 257/sq mi High-density area
- $72,917
- Median income Near-median income area
- $54,700
- Median home value Below-median home value
- 3.8%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Panama pairs an above-median household income with among the most affordable home values nationally, in a low-density, homeowner-dominated area.
- Top 49%
- household income, US ZIPs
- 1st pct
- home value, US ZIPs
- 257
- people per sq mi
- 92%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 62077 against every reporting US ZIP.
ZIP code 62077 is a sparsely populated ZIP (a standard USPS delivery area) in Panama, Montgomery County, Illinois, home to just 347 residents across 1.4 square miles, a density of 257 people per square mile, in the Chicago time zone.
ZIP 62077 lands in the middle-income range, with a median household income of $72,917 (9% below the average Illinois ZIP), while per-capita income is $25,747. The poverty rate is 9.5%, with unemployment at 6.6%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $54,700 (71% below the average Illinois ZIP), and median rent is $970; owner occupancy is 92.4%.
Formal educational attainment runs low here: just 3.8% of adults hold a bachelor's degree or higher, the median age is 40.3, and the average commute is -. The page also surfaces 7 ZIP codes within roughly 10 miles and 6 more in Montgomery County, so 62077 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 62077, Panama, IL · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
347
Population
1.4
Area (sq mi)
257
People / sq mi
Chicago
Time Zone
standard
ZIP Type
Who lives in ZIP 62077?
40.3
Median Age
48.6%
Male
51.4%
Female
0.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$72,917
Median Household Income
-9% vs state ZIP avg
$25,747
Per Capita Income
9.5%
Poverty Rate
6.6%
Unemployment Rate
How ZIP 62077 ranks among Illinois ZIPs
Panama, IL household income vs. every Illinois ZIP code
Median household income among 1,334 reporting Illinois ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$72,917 46th percentile higher than 46% of 1,334 Illinois ZIPs
Each bar is a $20K-wide band; taller bars hold more Illinois ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
187housing units
187
Total Housing Units
172
Occupied Units
15
Vacant Units
2.44
Avg Household Size
Occupancy Type
$54,700
Median Home Value
-71% vs state ZIP avg
$970
Median Rent
1943
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
Nearby ZIP Codes
Want a side-by-side? Compare 62077 vs 62019 →
ZIP 62077 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62246
Greenville (62246)
10,355 residents
- 62056
Litchfield (62056)
8,930 residents
- 62049
Hillsboro (62049)
8,470 residents
- 62086 1,437
Sorento (62086)
1,437 residents
- 62019 490
Donnellson (62019)
490 residents
- 62089 489
Taylor Springs (62089)
489 residents
- 62077 347
Panama (62077)
347 residents
- 62091 337
Walshville (62091)
337 residents
What this shows Among its immediate neighbors, ZIP 62077 ranks #7 by population - useful context the national average alone can't give.
ZIP 62077 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 62091
Walshville (62091)
$102,188 median income
- 62077
Panama (62077)
$72,917 median income
- 62246
Greenville (62246)
$66,970 median income
- 62086
Sorento (62086)
$65,000 median income
- 62056
Litchfield (62056)
$62,643 median income
- 62019
Donnellson (62019)
$56,741 median income
- 62049
Hillsboro (62049)
$55,446 median income
- 62089
Taylor Springs (62089)
$45,543 median income
What this shows By household income, ZIP 62077 ranks #2 of 8 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 62077, both outside IL so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Montgomery County
Related Areas
Frequently Asked Questions
What county is ZIP code 62077 in?
ZIP code 62077 (Panama) is located in Montgomery County, Illinois. Montgomery County contains multiple ZIP codes, see the full list at /counties/montgomery-il.
What is the population of ZIP code 62077?
ZIP code 62077 in Panama, IL has a population of 347 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 62077?
The median household income in ZIP 62077 is $72,917, which is 4% below the national average of $76,288.
What is the average home value in ZIP 62077?
The median home value in ZIP 62077 is $54,700, which is 80% below the national average of $278,155.
What is the demographic makeup of ZIP 62077?
The largest racial group in ZIP 62077 is White at 73.8%. Hispanic or Latino residents make up 10.0% of the population.
What is the education level in ZIP code 62077?
In ZIP code 62077, 49.7% of residents aged 25+ have a high school diploma or higher, and 3.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 62077?
In ZIP code 62077, approximately 92.4% of occupied housing units are owner-occupied and 7.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 62077?
The poverty rate in ZIP code 62077 is 9.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 62077's numbers, next.
- See how ZIP 62077 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Panama, IL ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.