SW Iowa Times

42.4 percent of people 25 years or older had an associate's degree or higher in Panama in 2020, according to data obtained from the U.S. Census Bureau.

This was 1.3 percent higher than the state average of 41.1 percent. In 2020 the total municipality population reached 272.

93.9 percent of the population had at least a high school diploma or the equivalent.

Degree	Number of people	Percentage of population
No degree	10	6.1
Regular high school diploma	52	31.5
GED or alternative credential	3	1.8
Some college, less than 1 year	9	5.5
Some college, 1 or more years, no degree	21	12.7
Associate's degree	41	24.8
Bachelor's degree	22	13.3
Master's degree	7	4.2
Professional school degree	0	0
Doctorate degree	0	0

*All data is for residents who were at least 25 years old in 2020.