Arkoma vs Panama

A side-by-side comparison of Arkoma and Panama: population, income, housing, and more.

Arkoma and Panama are places in Oklahoma. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Arkoma has the higher population (2,001 vs 1,432 in Panama). Panama has the higher median household income ($45,489 vs $39,236 in Arkoma). Panama has the higher median home value ($121,100 vs $67,300 in Arkoma).

Population, income & housing

	Arkoma	Panama
Population	2,001	1,432
Median age	34.5 yrs	30.5 yrs
Median household income	$39,236	$45,489
Median home value	$67,300	$121,100
Median gross rent	$677	$833
Housing units	813	680
Homeownership rate	59.9%	65.5%
Bachelor's degree or higher	10.0%	7.4%
Unemployment rate	6.5%	5.3%

Trends (ACS 5-year, 2019–2023)

	Arkoma	Panama
Population	1,821 → 2,001 (+9.9%)	1,334 → 1,432 (+7.3%)
Median household income	$27,708 → $39,236 (+41.6%)	$31,346 → $45,489 (+45.1%)
Median home value	$70,900 → $67,300 (-5.1%)	$60,000 → $121,100 (+101.8%)
Median gross rent	$566 → $677 (+19.6%)	$729 → $833 (+14.3%)

Arkoma

Population

1,8212,001

Median household income

$27,708$39,236

Median home value

$70,900$67,300

Median gross rent

$566$677

Panama

Population

1,3341,432

Median household income

$31,346$45,489

Median home value

$60,000$121,100

Median gross rent

$729$833

Age & race/ethnicity

Age distribution (share)

	Arkoma	Panama
Under 5	7.5%	15.5%
5 to 17	18.6%	14.6%
18 to 24	7.2%	8.8%
25 to 34	17.7%	19.6%
35 to 44	12.0%	8.0%
45 to 54	9.8%	6.6%
55 to 64	10.3%	7.7%
65 to 74	10.1%	14.2%
75 and over	6.6%	5.0%

Race & ethnicity (share)

	Arkoma	Panama
White (non-Hispanic)	80.0%	63.7%
Black or African American	0.5%	0.2%
American Indian & Alaska Native	6.7%	14.2%
Asian	0.0%	0.6%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	8.7%	17.1%
Hispanic or Latino	4.1%	4.1%

Educational attainment (age 25+)

Share of adults 25+

	Arkoma	Panama
No high school diploma	13.9%	12.1%
High school graduate	51.1%	59.4%
Some college or associate's	25.1%	21.0%
Bachelor's degree	7.5%	5.3%
Graduate or professional degree	2.5%	2.2%

Commute to work

How workers get to work (share)

	Arkoma	Panama
Drove alone	84.3%	82.2%
Carpooled	7.5%	6.4%
Public transit	0.0%	0.0%
Walked	0.5%	1.5%
Bicycle	0.0%	0.0%
Worked from home	4.2%	9.4%
Other means	3.5%	0.6%

Housing

Units in structure (share)

	Arkoma	Panama
1-unit, detached	74.2%	77.5%
1-unit, attached	1.7%	0.0%
2 to 4 units	4.8%	5.1%
5 to 19 units	6.2%	3.7%
20 or more units	1.7%	0.0%
Mobile home & other	11.4%	13.7%

Poverty & households

	Arkoma	Panama
Poverty rate	27.5%	30.3%
Average household size	2.73	2.47
Mean commute (minutes)	16	25
Median year structure built	1971	1981