The city of Panama, IA (51562) is a small town in western Iowa with a population of only 202 people as of 2019. Despite its small size, it has much to offer residents and visitors alike. One notable feature is its ranking among the best places to live in Iowa according to BestPlaces.net. The city scored highly for its low cost of living, favorable weather conditions, high number of amenities, short average commute time, and access to quality hospitals and health care facilities. It also ranked in the top 10% of cities statewide for crime rate and poverty level. With such a high ranking among many other larger cities of Iowa, Panama's small size offers plenty of advantages that make it an attractive option for those looking to move or visit.
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