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ZIP code 51562: Panama, IA

51562 is a ZIP code in Panama, Iowa, mainly in Shelby County. About 506 people live here.

Population
506
Median household income
$81,250
Typical home value
$253,100+8.4% in 12 months
Median rent
$940gross, per month
Median age
50.1
Homeowners
87.9%of occupied homes
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Shaded: ZIP code 51562's area. Click anywhere on the map to see which ZIP code it's in.

ZIP codes within 10 milesWithin 25 miles

ZIP code 51562 details

CityPanama
StateIowa
CountyShelby County
Metro areaNot in a metro or micro area
Time zoneCentral Time (UTC−6), observes daylight saving time
TypeStandard (delivery area)
Land area34 sq mi, plus 0.1 sq mi of water
Population density15 people per sq mi
Bachelor's degree or higher17.7% of adults 25+
Average commute12.1 minutes
Center coordinates41.72507, -95.49332

ZIP codes near 51562

ZIP codeCityDistancePopulation
51578Westphalia, IA5.1 mi116
51530Earling, IA5.4 mi809
51565Portsmouth, IA5.9 mi516
51527Defiance, IA11.3 mi362
51537Harlan, IA11.4 mi6,382
51563Persia, IA11.7 mi629
51579Woodbine, IA11.9 mi2,282
51529Dunlap, IA12.1 mi1,732

Population and median household income: ACS 2020–2024 5-year estimates. Typical home value: Zillow Home Value Index (September 2026) where available, otherwise the ACS median owner-reported value. "PO Box" marks ZIP codes with no delivery area of their own. Methodology

Buying a home in 51562?

A typical home in ZIP code 51562 is worth about $253,100 (Zillow Home Value Index). The median household here earns $81,250 a year. See what buying here would cost per month, with Iowa average taxes and insurance filled in.

Monthly payment for a $253,100 homeWhat can a $81,250 income afford?Rental property numbers

About ZIP code 51562

What city is ZIP code 51562?

ZIP code 51562 is in Panama, IA, in Shelby County.

What county is ZIP code 51562 in?

51562 is mainly in Shelby County, Iowa.

What is the population of ZIP code 51562?

About 506 people live in ZIP code 51562, according to the American Community Survey 2020–2024 5-year estimates.

What time zone is ZIP code 51562 in?

51562 is in Central Time (UTC−6). It observes daylight saving time.