What is the median home price in Pana?

The median home price in Pana, Pana city, Illinois is $82,300, which is 71% below the national average of 281,900 ($281,900).

Pana, Pana city, Illinois has a violent crime rate of 1.2 per 1,000 residents, which is 67% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 3.7 per 1,000 residents.

What is the median household income in Pana?

The median household income in Pana, Pana city, Illinois is $47,763, which is 36% below the national average of 74,580 ($74,580).

What is the average rent in Pana?

The median rent in Pana, Pana city, Illinois is $672 per month. The national average median rent is $1,163/month.

What is the population of Pana?

The population of Pana, Pana city, Illinois is approximately 5,167. The homeownership rate is 72.1% (national average: 65.9%).

What is the unemployment rate in Pana?

The unemployment rate in Pana, Pana city, Illinois is 5.2%. The national average unemployment rate is 3.7%. The poverty rate is 13.7% (national average: 12.4%).

Pana

Pana city, Illinois

Affordable

About Pana

Thinking of a place that feels like stepping back in time, where neighbors know each other and life moves at a comfortable pace? Pana, Illinois, might just be the hidden gem you've been searching for. This charming community of just over 5,000 residents offers an exceptionally affordable lifestyle. Imagine owning a home for a median value of around $82,300, a stark contrast to the national average. You'll find a welcoming atmosphere and a strong sense of community, a place where you can truly put down roots without breaking the bank.

From an investment perspective, Pana presents a compelling case. The housing market is stable and accessible, perfect for first-time buyers or those seeking a simpler life. While the median household income of $47,763 is below the national average, the low cost of living significantly offsets this. Pana is ideal for those seeking affordability, a tight-knit community, and a slower pace of life. It's a place where you can find a sense of belonging and build a future without the pressures of a big city.

Pana, Illinois at a Glance

Pana is a city in Pana city, Illinois with a population of approximately 5,167. The median home value is $82,300 and the median household income is $47,763.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $672 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.