Zip code 62077: Panama, Illinois
Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.
About 62077
62077 is a small-town zip code in Panama, Illinois (Montgomery County), covering 2.5 sq mi of land. About 420 people live here, or 170 per square mile. The median resident is 40.3 years old, compared with 38.9 nationally. With so few residents, the Census figures below are rough estimates with wide margins of error.
The median household earns $72,917 a year, close to the national median of $80,734. 9.5% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $54,700, or 0.8 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 92% of occupied homes are lived in by their owners, and renters pay a median of $970 a month.
4% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 29.8 minutes each way, and 17% of workers work from home. The most common jobs among working residents are in healthcare; construction and repair; and transportation and moving goods.
How 62077 compares
Only about 420 people live here, so these survey estimates have wide margins of error.
- Healthcare workers29.2%99thU.S. 9.7% · IL 9.5%7th of 1,340 in IL
- Homeownership rate92.4%98thStrengthU.S. 65.2% · IL 67.1%160th of 1,338 in IL
- Residents under 1829.3%94thU.S. 22% · IL 21.8%115th of 1,342 in IL
- Veterans9.8%89thU.S. 6.2% · IL 4.8%224th of 1,342 in IL
- 75thU.S. 5.2% · IL 5.8%334th of 1,340 in IL
- Average commute29.8 min73rdU.S. 26.4 min · IL 27.8 min380th of 1,317 in IL
- Work from home16.5%67thU.S. 15.1% · IL 15.9%238th of 1,339 in IL
- 64thU.S. 10% · IL 8.8%496th of 1,340 in IL
- Median age40.360thU.S. 38.9 · IL 39832nd of 1,342 in IL
- 60thU.S. 10.1% · IL 7.7%694th of 1,338 in IL
- Poverty rate9.5%42ndU.S. 12.5% · IL 11.8%663rd of 1,339 in IL
- Median household income$72,91740thU.S. $80,734 · IL $83,390716th of 1,316 in IL
- Diversity index42.439thU.S. 61.4 · IL 60.5296th of 1,342 in IL
- 38thU.S. 17.2% · IL 17%1,079th of 1,342 in IL
- Uninsured rate4.3%25thU.S. 8.4% · IL 6.9%687th of 1,341 in IL
- Population density170/sq mi19thU.S. 95/sq mi · IL 229/sq mi511th of 1,342 in IL
- 19thU.S. $1,413 · IL $1,274522nd of 1,170 in IL
- Median earnings per worker$37,91716thWeaknessU.S. $49,666 · IL $51,8951,144th of 1,336 in IL
- 14thU.S. 14.5% · IL 13.3%1,064th of 1,340 in IL
- Per capita income$25,7479thWeaknessU.S. $44,673 · IL $46,4061,240th of 1,341 in IL
- 4thU.S. 14.1% · IL 14.7%866th of 1,342 in IL
- Broadband access77.9%3rdWeaknessU.S. 91% · IL 90.8%1,202nd of 1,338 in IL
- Population4201stU.S. 334,922,499 · IL 12,694,7981,145th of 1,342 in IL
- Median home value$54,7001stU.S. $332,700 · IL $263,3001,293rd of 1,311 in IL
- 1stWeaknessU.S. 35.7% · IL 37.8%1,309th of 1,340 in IL
- 1stStrengthU.S. 51.1% · IL 47.9%1,260th of 1,291 in IL
- 1stU.S. 3.8% · IL 3.8%1,222nd of 1,340 in IL
- 1stStrengthU.S. 0.483 · IL 0.4811,271st of 1,336 in IL
| Measure | 62077 | Montgomery | IL | U.S. | National percentile | Rank in IL |
|---|---|---|---|---|---|---|
| Healthcare workers | 29.2% | 10.4% | 9.5% | 9.7% | 7th of 1,340 | |
| Homeownership rateStrength | 92.4% | 77.4% | 67.1% | 65.2% | 160th of 1,338 | |
| Residents under 18 | 29.3% | 20.1% | 21.8% | 22% | 115th of 1,342 | |
| Veterans | 9.8% | 8.6% | 4.8% | 6.2% | 224th of 1,342 | |
| Unemployment rate | 6.6% | 4.7% | 5.8% | 5.2% | 334th of 1,340 | |
| Average commute | 29.8 min | 22.8 min | 27.8 min | 26.4 min | 380th of 1,317 | |
| Work from home | 16.5% | 9% | 15.9% | 15.1% | 238th of 1,339 | |
| Self-employed workers | 10.5% | 10.3% | 8.8% | 10% | 496th of 1,340 | |
| Median age | 40.3 | 42.8 | 39 | 38.9 | 832nd of 1,342 | |
| Housing vacancy | 8% | 9.4% | 7.7% | 10.1% | 694th of 1,338 | |
| Poverty rate | 9.5% | 12.6% | 11.8% | 12.5% | 663rd of 1,339 | |
| Median household income | $72,917 | $63,620 | $83,390 | $80,734 | 716th of 1,316 | |
| Diversity index | 42.4 | 15.7 | 60.5 | 61.4 | 296th of 1,342 | |
| Residents 65 and older | 15% | 21.5% | 17% | 17.2% | 1,079th of 1,342 | |
| Uninsured rate | 4.3% | 4.5% | 6.9% | 8.4% | 687th of 1,341 | |
| Population density | 170/sq mi | 40/sq mi | 229/sq mi | 95/sq mi | 511th of 1,342 | |
| Median gross rent | $970 | $723 | $1,274 | $1,413 | 522nd of 1,170 | |
| Median earnings per workerWeakness | $37,917 | $45,578 | $51,895 | $49,666 | 1,144th of 1,336 | |
| Government workers | 9.4% | 17.3% | 13.3% | 14.5% | 1,064th of 1,340 | |
| Per capita incomeWeakness | $25,747 | $33,451 | $46,406 | $44,673 | 1,240th of 1,341 | |
| Foreign-born residents | 0.7% | 0.8% | 14.7% | 14.1% | 866th of 1,342 | |
| Broadband accessWeakness | 77.9% | 84.5% | 90.8% | 91% | 1,202nd of 1,338 | |
| Population | 420 | 27,942 | 12,694,798 | 334,922,499 | 1,145th of 1,342 | |
| Median home value | $54,700 | $112,300 | $263,300 | $332,700 | 1,293rd of 1,311 | |
| Bachelor's degree or higherWeakness | 3.8% | 18.3% | 37.8% | 35.7% | 1,309th of 1,340 | |
| Rent-burdened rentersStrength | 0% | 45.6% | 47.9% | 51.1% | 1,260th of 1,291 | |
| Tech workers | 0% | 1.4% | 3.8% | 3.8% | 1,222nd of 1,340 | |
| Income inequality (Gini)Strength | 0.298 | 0.445 | 0.481 | 0.483 | 1,271st of 1,336 |
The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.
People
Age
Race and ethnicity
- White74%
- Black0%
- Hispanic10%
- Asian0%
- Native American2%
- Pacific Islander0%
- Other0%
- Multiracial14%
Language spoken at home (households)
Households
- Households
- 172
- Average household size
- 2.4
- Family households
- 72.7%
- Married couples
- 56.4%
- Living alone
- 20.9%
- Veterans (of adults)
- 9.8%
- Male / female
- 49% / 51%
Income and poverty
Household income distribution
Median household income
Housing
Median home value
Median gross rent
Types of housing
- Housing units
- 187
- Owner-occupied
- 92.4%
- Vacant
- 8%
- Median year built
- 1943
- Median rooms
- 5.4
- Renters paying 30%+ of income
- 0%
- Renters paying 50%+ of income
- 0%
- Home value to income
- 0.8× (U.S. 4.1×)
Work and commute
How people get to work
Commute time (one way)
Jobs and careers
Occupations
Industries
Median earnings by type of work
| Type of work | 62077 | U.S. |
|---|---|---|
| Management, business, science and arts | $28,594 | $74,888 |
| Service | $10,833 | $26,804 |
| Sales and office | $50,714 | $40,476 |
| Construction and maintenance | $81,806 | $49,199 |
| Production and transportation | $55,417 | $39,989 |
Education, internet and health coverage
Highest education (adults 25+)
- High school graduate or higher
- 87.4%
- Bachelor's degree or higher
- 3.8%
- Graduate or professional degree
- 0.3%
- Households with broadband
- 77.9%
- Cable, fiber or DSL
- 62.8%
- No internet access
- 15.1%
- Without health insurance
- 4.3%
- Limited-English households
- 0%
Geography
- City (USPS)
- Panama
- State
- Illinois
- County
- Montgomery County
- Center point
- 39.0318° N, 89.5115° W
- Land area
- 2.5 sq mi
- Water area
- under 0.1 sq mi
- Time zone
- Central Time (UTC-6, UTC-5 in summer)
- Zip type
- Residential delivery area
62077 spans 2 counties
- Montgomery County55% of land
- Bond County45% of land
Cities and towns within this zip
- Panama15% of zip
Census places overlapping the zip's area. Mail may use a different city name than the municipality.
Zip codes near 62077
| Zip | City | Distance | IncomeMedian income |
|---|---|---|---|
| 62019 | Donnellson, IL | 3.9 mi | $56,741 |
| 62086 | Sorento, IL | 5.1 mi | $65,000 |
| 62091 | Walshville, IL | 5.6 mi | $102,188 |
| 62089 | Taylor Springs, IL | 6.1 mi | $45,543 |
| 62049 | Hillsboro, IL | 7.7 mi | $55,446 |
| 62017 | Coffeen, IL | 8 mi | $97,625 |
| 62246 | Greenville, IL | 11 mi | $66,970 |
| 62074 | New Douglas, IL | 11 mi | $79,808 |
| 62015 | Butler, IL | 13 mi | $51,758 |
| 62069 | Mount Olive, IL | 13 mi | $59,764 |
| 62051 | Irving, IL | 13 mi | $64,360 |
| 62056 | Litchfield, IL | 13 mi | $62,643 |
Questions about 62077
What city is zip code 62077?
62077 is assigned to Panama, Illinois. The city name is the one the Postal Service prefers for mail addressed to this zip code.
What county is 62077 in?
62077 is mostly in Montgomery County, but it extends into 1 other county.
What is the population of 62077?
About 420 people live in 62077, according to the Census Bureau's American Community Survey.
What time zone is 62077 in?
62077 is in Central Time.
What is the median household income in 62077?
The median household income in 62077 is $72,917.
What zip codes are near 62077?
The closest zip codes to 62077 are 62019, 62086, 62091, 62089, 62049.
Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 62077, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.