62077 ZIP Code — Panama, IL

Montgomery County, Illinois

ZIP code 62077 is located in Panama, Illinois, within Montgomery County. It covers approximately 2.47 square miles and serves a population of 317 residents. This is a standard ZIP code in the Central (CT) timezone, served by area code 217.

About ZIP code 62077

The housing stock consists of predominantly single-family detached homes. Most homes were built in the pre-1940, giving the area an established character. Median home value is $68,600. Owner-occupancy is high at 85%, well above the national average.

Median household income is $59,643. The poverty rate of 6% is below the national average. 47% of households receive Social Security income, suggesting a notable retiree or disability population.

The dominant occupation class is production, transportation, and material moving, with education and healthcare as the leading industry. An above-average commute of 35 minutes suggests many residents work outside the immediate area.

College attainment at 7% is below the national average, consistent with a trades and production-oriented local economy.

Notable community characteristics include a notable veteran presence at 12% of civilians, above the national average of 7%.

Overall, ZIP code 62077 reflects a community defined by a trades-oriented workforce, a strong veteran community, high homeownership, and a significant Social Security-dependent population.

317

population

2.47

sq mi land

Standard

ZIP type

Central (CT)

timezone

62077 ZIP code map

Cities in ZIP code 62077

Below are the cities the US Postal Service accepts for ZIP code 62077. Using any city not on this list may result in mail delivery delays.

City	Status
Panama	Acceptable

Demographics updated 05/2026

Population
Total population	317
Population density	128 / sq mi
State FIPS	17
County FIPS	135

Geography
Land area	2.47 sq mi
Water area	0.03 sq mi
Latitude	39.0317
Longitude	-89.5234
Timezone	Central (CT)
Area code	217

Total population by age

Gender

Race & ethnicity

Economics updated 05/2026

Household income

Income range	This ZIP	County avg	State avg
Under $50k	42.3%	45.3%	37.2%
$50k – $100k	47.7%	33.5%	29.6%
$100k – $200k	9.9%	18.7%	24.4%
Over $200k	0.0%	2.5%	8.8%

Demographics & statistics

317

Population

128

People per sq mi

48.2

Median age

$59,643

Median household income

$27,632

Per capita income

$68,600

Median home value

$1,067

Median monthly rent

85.3%

Home ownership

6.0%

Poverty rate

8.6%

Unemployment

130

Housing units

6.9%

Bachelor's or higher

Age distribution

Male Female

Under 5

5–9

10–14

15–19

20–24

25–34

35–44

45–54

55–59

60–64

65–74

75–84

85+

← Male

Female →

Age summary

Group	Count	%
Under 18	60	18.9%
18 and over	257	81.1%
65 and over	60	18.9%
Median age	48.2 years

Race & ethnicity

White 99.4%

Hispanic or Latino 0.3%

Other race 0.3%

Group	Count	%
White	316	99.4%
Hispanic or Latino	1	0.3%
Other race	1	0.3%

Household income

Income range	This ZIP	County avg	State avg
Under $50k	42.3%	45.3%	37.2%
$50k – $100k	47.7%	33.5%	29.6%
$100k – $200k	9.9%	18.7%	24.4%
Over $200k	0.0%	2.5%	8.8%

Under $10k 3.7%

$10k–$15k 5.9%

$15k–$25k 7.4%

$25k–$35k 2.2%

$35k–$50k 13.2%

$50k–$75k 41.9%

$75k–$100k 14.7%

$100k–$150k 11.0%

Range	% of households
Under $10k	3.7%
$10k–$15k	5.9%
$15k–$25k	7.4%
$25k–$35k	2.2%
$35k–$50k	13.2%
$50k–$75k	41.9%
$75k–$100k	14.7%
$100k–$150k	11.0%
Median income	$59,643

Housing

Home values

Under $50k 36.2%

$50k–$100k 45.7%

$100k–$150k 15.5%

$150k–$200k 1.7%

$200k–$300k 0.9%

Housing overview

Metric	Value
Median home value	$68,600
Median rent / month	$1,067
Owner occupied	85.3%
Renter occupied	14.7%
Vacant	9.3%
Single-family detached	88.7%
Large apartment buildings	0.0%
Mobile homes	11.3%
Median rooms	5.6
Avg household size (owned)	2.03

Year built

Era	%
2020 or later	0.0%
2010–2019	5.3%
2000–2009	6.0%
1990–1999	2.0%
1980–1989	4.7%
1970–1979	20.0%
1960–1969	10.0%
1950–1959	7.3%
1940–1949	5.3%
1939 or earlier	39.3%

Bedrooms

Size	% of units
No bedroom (studio)	0.0%
1 bedroom	2.7%
2 bedrooms	50.7%
3 bedrooms	40.0%
4 bedrooms	6.7%
5+ bedrooms	0.0%

Vehicles per household

Vehicles	% of households
No vehicle	1.5%
1 vehicle	27.2%
2 vehicles	54.4%
3 or more	16.9%

Heating fuel

Fuel type	%
Utility gas	75.7%
Electricity	22.8%
Wood	1.5%

Households & families

Household type	Count	%
Married-couple family	63	46.3%
Cohabiting couple	9	6.6%
Male householder, no spouse	22	16.2%
Female householder, no spouse	42	30.9%
Households with children under 18	29	21.3%
Households with seniors (65+)	49	36.0%
Average household size	2.33

Marital status

Status	Male	Female
Never married	33.3%	14.6%
Married	58.8%	47.9%
Separated	0.9%	2.8%
Widowed	2.6%	15.3%
Divorced	4.4%	19.4%

Education

Less than 9th grade 1.6%

Some HS, no diploma 15.4%

HS graduate 55.7%

Some college, no degree 10.6%

Associate's degree 9.8%

Bachelor's degree 4.1%

Graduate / professional 2.8%

Metric	%
HS diploma or higher	82.9%
Bachelor's or higher	6.9%

School enrollment (ages 3–17)

Type	Count	%
Nursery / preschool	3	7.7%
Kindergarten	8	20.5%
Elementary school	23	59.0%
High school	1	2.6%
College / grad school	4	10.3%

Employment

Industry of employment

Education & healthcare 23.7%

Retail trade 21.6%

Manufacturing 10.8%

Construction 8.6%

Professional & management 8.6%

Other services 6.5%

Wholesale trade 5.0%

Arts, food & hospitality 5.0%

Finance & real estate 4.3%

Public administration 3.6%

Transportation & utilities 2.2%

Occupation

Category	%
Management, business & arts	21.6%
Service	25.9%
Sales & office	14.4%
Natural resources & construction	11.5%
Production & transportation	26.6%

Employment type

Type	%
Private sector	82.7%
Government	15.1%
Self-employed	2.2%
Unpaid family workers	0.0%

Commute

Method	%
Drive alone	79.0%
Carpool	17.4%
Public transit	0.0%
Walk	0.7%
Work from home	2.9%
Other means	0.0%
Avg commute (minutes)	35.4

Poverty

All people 6.0%

Under 18 years 1.7%

18 and over 7.0%

Married-couple families 0.0%

Female-led households 6.3%

Income support

Source	% of households
Social Security	47.1%
Retirement income	27.9%
Supplemental Security	6.6%
Cash public assistance	0.7%
Food stamps / SNAP	14.7%

Health indicators

Condition	%
Obesity	35.5%
High blood pressure	36.4%
High cholesterol	36.3%
Diabetes	11.2%
Heart disease	8.0%
Stroke	3.7%
Asthma	9.8%
Arthritis	30.2%
Kidney disease	3.4%
Pulmonary disease	8.8%
Cancer	8.2%

Behavior / access	%
Smoking	19.6%
Binge drinking	14.8%
No physical activity	27.1%
Less than 7 hrs sleep	31.4%
Depression	18.0%
Fair or poor health	16.1%
Poor mental health	13.0%
Poor physical health	11.1%
No health insurance	12.0%
Visited doctor (checkup)	77.0%
Visited dentist	62.1%
Cholesterol screening	89.1%
Teeth loss	16.4%

Veterans & disability

Veterans	Count	%
Civilian veterans	30	11.7%

Disability	%
Any disability	17.7%
Under 18	0.0%
18–64 years	16.2%
65 and over	40.0%

Health insurance coverage

Type	%
Private insurance	62.8%
Public insurance	48.6%
No insurance	8.8%
Uninsured under 19	1.6%

Language & origin

Language spoken at home (age 5+)

Language	Count	%
English only	292	92.1%
Spanish	0	0.0%
Other Indo-European	0	0.0%
Asian & Pacific Islander	0	0.0%
Other languages	0	0.0%

Place of birth & citizenship

Origin	Count	%
Native born (US)	316	99.7%
Born in same state	316	99.7%
Born in different state	283	89.3%
Foreign born	0	0.0%
Naturalized citizen	1	0.3%
Not a US citizen	0	0.0%

Ancestry

Ancestry	Count	%
Arab	51	16.1%
French	30	9.5%

Ancestry	Count	%
Italian	29	9.1%
Irish	2	0.6%

Technology access

Metric	% of households
Computer access	42.9%
Internet access	83.8%

Source: U.S. Census Bureau, American Community Survey 2025 estimates.

Frequently asked questions about ZIP code 62077

What city is ZIP code 62077 in?

ZIP code 62077 is primarily assigned to Panama, Illinois.

What county is ZIP code 62077 in?

ZIP code 62077 falls within Montgomery County, Illinois.

How educated is the population of ZIP code 62077?

7% of residents hold a bachelor's degree or higher — below the national average of ~33%, consistent with a trades-oriented local economy.

Does ZIP code 62077 have a large retiree population?

47% of households in ZIP code 62077 receive Social Security income, suggesting a significant retiree or disability population.

Is ZIP code 62077 mostly owner-occupied?

85% of occupied units in ZIP code 62077 are owner-occupied, well above the national average.

Does ZIP code 62077 have a large veteran population?

12% of civilians in ZIP code 62077 are veterans, above the national average of ~7%.

What timezone is ZIP code 62077 in?

ZIP code 62077 observes the CST timezone.