Panama

Population: 1,432
Median household income: $45,489
Median home value: $121,100

Panama is a community in Le Flore County, Oklahoma, home to 1,432 residents. Its median household income of $45,489 runs below the Le Flore County figure of $50,027.

Between 2019 and 2023, Panama's population grew 7.3% from 1,334 to 1,432, while its median home value rose 101.8% from $60,000 to $121,100.

30.3% of residents live below the poverty line. Households average 2.47 people.

Demographics

ACS 2019–2023

Population: 1,432
Median age: 30.5 yrs
Median household income: $45,489
Median home value: $121,100
Median gross rent: $833
Housing units: 680
Homeownership rate: 65.5%
Bachelor's degree or higher: 7.4%
Unemployment rate: 5.3%

Trends

ACS 5-year · 2019–2023

Population

1,3341,432

Median household income

$31,346$45,489

Median home value

$60,000$121,100

Median gross rent

$729$833

Year	Population	Median household income	Median home value	Median gross rent
2019	1,334	$31,346	$60,000	$729
2020	1,401	$39,423	$81,900	$723
2021	1,327	$41,908	$88,700	$768
2022	1,278	$44,397	$109,100	$778
2023	1,432	$45,489	$121,100	$833

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 515.5%

5 to 1714.6%

18 to 248.8%

25 to 3419.6%

35 to 448.0%

45 to 546.6%

55 to 647.7%

65 to 7414.2%

75 and over5.0%

	Count	Share
Under 5	222	15.5%
5 to 17	209	14.6%
18 to 24	126	8.8%
25 to 34	281	19.6%
35 to 44	114	8.0%
45 to 54	94	6.6%
55 to 64	110	7.7%
65 to 74	204	14.2%
75 and over	72	5.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	912	63.7%
Black or African American	3	0.2%
American Indian & Alaska Native	204	14.2%
Asian	9	0.6%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	245	17.1%
Hispanic or Latino (any race)	59	4.1%

Educational attainment (age 25+)

No high school diploma12.1%

High school graduate59.4%

Some college or associate's21.0%

Bachelor's degree5.3%

Graduate or professional degree2.2%

	Count	Share
No high school diploma	106	12.1%
High school graduate	520	59.4%
Some college or associate's	184	21.0%
Bachelor's degree	46	5.3%
Graduate or professional degree	19	2.2%

Commute to work

Mean travel time to work: 25 min

Drove alone82.2%

Carpooled6.4%

Public transit0.0%

Walked1.5%

Bicycle0.0%

Worked from home9.4%

Other means0.6%

How workers get to work

	Count	Share
Drove alone	439	82.2%
Carpooled	34	6.4%
Public transit	0	0.0%
Walked	8	1.5%
Bicycle	0	0.0%
Worked from home	50	9.4%
Other means	3	0.6%

Travel time

	Count	Share
Under 15 min	94	19.4%
15 to 29 min	230	47.5%
30 to 44 min	114	23.6%
45 to 59 min	23	4.8%
60+ min	23	4.8%

Households

Average household size: 2.47
Poverty rate: 30.3% (431 of 1,422)

	Count	Share
Family households	435	75.1%
Nonfamily households	144	24.9%

Housing

Median year structure built: 1981

Occupancy

	Count	Share
Occupied	579	85.1%
Vacant	101	14.9%

Tenure (of occupied units)

	Count	Share
Owner-occupied	379	65.5%
Renter-occupied	200	34.5%

1-unit, detached77.5%

1-unit, attached0.0%

2 to 4 units5.1%

5 to 19 units3.7%

20 or more units0.0%

Mobile home & other13.7%

Units in structure

	Count	Share
1-unit, detached	527	77.5%
1-unit, attached	0	0.0%
2 to 4 units	35	5.1%
5 to 19 units	25	3.7%
20 or more units	0	0.0%
Mobile home & other	93	13.7%

Geography

Place GEOID: 4056900
Type (LSAD): 43
Land area: 2.26 sq mi
Water area: 0.03 sq mi
Center point: 35.1712, -94.6684