Panora, IA
Population 1,520 · Iowa
About Panora, IA
Panora is a small community in Iowa with a population of 1,520 residents. The median household income is $65,500 per year, which is near the national average. The median age in Panora is 37.6 years.
Housing in Panora has a median home value of $164,500 and median monthly rent of $965. Of the 680 total housing units, the majority are owner-occupied, with 460 owner-occupied and 166 renter-occupied units.
The unemployment rate in Panora is 9.2% and the poverty rate is 9.4%. 20.1% of residents hold a bachelor's degree or higher. The average commute time is 22 minutes.
Cost of Living in Panora, IA
Compared to national averages, Panora has a median household income of $65,500 (13% below the national median of $75,149). Home values average $164,500, which is 33% below the national median. Monthly rent at $965 is 17% below the US average of $1,163. Within Iowa, Panora's income is 4% below the state average of $67,947, and home values are 24% above the state median of $132,237.
Why Live in Panora, IA?
Panora offers affordable housing with a median home value of $164,500, below the US average of $244,900, and rent that’s lower than the national average at $965/month, and a low poverty rate of 9.4%, better than the national average. Additionally, the city features short commute times averaging just 22 minutes.
Potential considerations include median household income ($65,500) that falls below the national average. However, Panora’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Panora has a population of 1,520 with a median age of 37.6 years. Compare Panora with other cities to see how it stacks up, or explore all cities in Iowa.
Similar Cities Near Panora
Cities in Iowa with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sanborn | 1,510 | $56,477 | $150,900 | Compare |
| Fairbank | 1,509 | $100,172 | $173,200 | Compare |
| Pocahontas | 1,536 | $56,298 | $96,600 | Compare |
| Wellman | 1,539 | $56,696 | $149,000 | Compare |
| Oakland | 1,500 | $72,500 | $144,600 | Compare |
| Slater | 1,498 | $87,708 | $222,000 | Compare |
| State Center | 1,548 | $72,303 | $156,300 | Compare |
| Holstein | 1,552 | $61,625 | $113,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Iowa
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Panora
What is the population of Panora, IA?
The population of Panora, IA is 1,520 according to the latest Census data.
What is the median household income in Panora?
The median household income in Panora, IA is $65,500 per year.
What is the median home value in Panora?
The median home value in Panora, IA is $164,500.
What is the average rent in Panora?
The median monthly rent in Panora, IA is $965.
What is the unemployment rate in Panora?
The unemployment rate in Panora, IA is 9.2%.