Town · Oklahoma
Panama, Oklahoma
Panama, town, in Le Flore County, Oklahoma. Panama had 1,314 residents on July 1, 2025 by the Census Bureau's estimate, up 3.7% since 2020; the 2020 Census counted 1,269 and the ACS 2020-2024 5-year estimates put it at 1,415 (±245). GEOID 4056900.
Residents, July 2025 estimate
1,314
Census Bureau estimate (no margin published)
2020 Census count: 1,269 · ACS 2020-2024: 1,415 ±245
Median household income
$47,136
±$14,509 (90% margin)
Oklahoma: $65,039
Median home value
$124,800
±$33,609 (90% margin)
Oklahoma: $199,800
Median gross rent
$776
±$38 (90% margin)
Oklahoma: $1,014
Where is Panama and what county is it in?
Panama is a town in Le Flore County, Oklahoma. It covers 2.3 square miles of land, 562 residents per square mile in 2020.
Source: 2024 Gazetteer and 2020 place-by-county files, U.S. Census Bureau · Census reference files
How many people live in Panama, and is it growing?
The Census Bureau estimates that 1,314 people lived in Panama on July 1, 2025, up 3.7% since 2020, in line with Oklahoma (+4.1%). The 2020 Census counted 1,269 residents. The 2020-2024 American Community Survey, a five-year sample, puts the population at 1,415 (±245).
| Measure | Panama | Le Flore County | Change since 2015-2019 |
|---|---|---|---|
| Total population | 1,415 ±245 | 49,053 | no clear change |
| Households | 592 ±141 | 17,997 | no clear change |
| Average household size | 2.39 ±0.34 | 2.63 | no clear change |
| Housing units | 707 ±139 | 21,249 | no clear change |
Panama's population since 2000
From 1,362 in 2000 to 1,314 in 2025: down 3.5%. The 2000, 2010 and 2020 figures are census counts, each for Panama as it was drawn that year: a place that annexed land, or a community that has since incorporated, covered a different area then. The 2005 figure is the Census Bureau's intercensal estimate, revised to fit the 2000 and 2010 counts and drawn on 2010 boundaries; 2015 and 2025 are July 1 estimates made from the census before them.
Source: The 2000, 2010 and 2020 Census counts and the Census Bureau's population estimates (intercensal 2000-2010, Vintage 2020, Vintage 2025) · Census population estimates
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); Census PEP Vintage 2025 (SUB-EST2025, CO-EST2025); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Panama?
The median resident of Panama is 31.5 years old; 29.0% are under 18 and 20.6% are 65 or older. The largest group is non-Hispanic white residents at 66.1%, then non-Hispanic residents of two or more races at 14.3%.
| Measure | Panama | Le Flore County | Change since 2015-2019 |
|---|---|---|---|
| Median age | 31.5 ±3.8 | 38.7 | no clear change |
| Under 18 years | 29.0% ±5.2 pts | 24.4% | – |
| 65 years and over | 20.6% ±7.5 pts | 17.9% | – |
| Male | 53.4% ±5.6 pts | 50.4% | – |
| Hispanic or Latino (any race) | 6.1% ±3.1 pts | 8.0% | – |
| White alone, not Hispanic | 66.1% ±6.1 pts | 68.4% | no clear change |
| Black or African American alone, not Hispanic | 0.1% ±0.3 pts | 1.8% | – |
| Asian alone, not Hispanic | 0.5% ±0.9 pts | 0.7% | – |
| American Indian and Alaska Native alone, not Hispanic | 12.9% ±4.7 pts | 11.1% | – |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 0.0% ±1.7 pts | 0.1% | – |
| Two or more races, not Hispanic | 14.3% ±4.1 pts | 9.9% | – |
| Some other race alone, not Hispanic | 0.0% ±1.7 pts | 0.1% | – |
| Born outside the United States | 1.5% ±1.2 pts | 3.6% | – |
| Speak a language other than English at home (age 5+) | 3.9% ±2.2 pts | 6.5% | – |
| Civilian veterans (age 18+) | 9.7% ±3.6 pts | 7.6% | – |
| With a disability | 17.7% ±4.0 pts | 21.3% | – |
| No health insurance coverage | 17.9% ±5.4 pts | 17.4% | no clear change |
| High school graduate or higher (age 25+) | 87.8% ±3.7 pts | 85.5% | – |
| Bachelor's degree or higher (age 25+) | 7.0% ±3.4 pts | 15.4% | no clear change |
| Graduate or professional degree (age 25+) | 1.9% ±1.5 pts | 4.9% | – |
| Lived in the same house a year earlier | 80.2% ±6.6 pts | 89.7% | – |
| Moved from another state in the past year | 4.4% ±3.9 pts | 2.6% | – |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Panama earn?
Half of Panama's 592 households earn less than $47,136 a year (±$14,509), against $51,565 in Le Flore County and $65,039 in Oklahoma. In 2015-2019 it was $38,577 in 2024 dollars; the margins of error cannot tell the two periods apart. 29.0% of residents live below the poverty line.
| Measure | Panama | Le Flore County | Change since 2015-2019 |
|---|---|---|---|
| Median household income | $47,136 ±$14,509 | $51,565 | no clear change |
| Mean household income | $54,862 ±$7,399 | $67,356 | – |
| Per capita income | $21,572 ±$3,641 | $25,771 | no clear change |
| People below the poverty line | 29.0% ±8.2 pts | 19.4% | no clear change |
| Children under 18 below the poverty line | 45.1% ±15.2 pts | 24.2% | no clear change |
| Households receiving SNAP | 32.4% ±8.7 pts | 20.9% | – |
| Households with a computer | 96.6% ±2.4 pts | 91.8% | – |
| Households with a broadband subscription | 92.7% ±3.7 pts | 81.4% | – |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Panama?
Owners occupy 65.4% of Panama's occupied homes and renters 34.6%. The median owner-occupied home is valued at $124,800 by its owner (±$33,609). The median renter pays $776 a month including utilities, and 53.8% of renters pay 35% or more of their income on rent.
| Measure | Panama | Le Flore County | Change since 2015-2019 |
|---|---|---|---|
| Median home value (owner-occupied) | $124,800 ±$33,609 | $135,700 | +$50,958 |
| Median gross rent | $776 ±$38 | $798 | −$121 |
| Renters paying 35% or more of income on rent | 53.8% ±13.8 pts | 35.0% | +18.6 pts |
| Median monthly owner costs, with a mortgage | $896 ±$97 | $1,144 | – |
| Owner-occupied homes | 65.4% ±9.4 pts | 72.8% | no clear change |
| Renter-occupied homes | 34.6% ±9.4 pts | 27.2% | – |
| Housing units | 707 ±139 | 21,249 | no clear change |
| Homeowner vacancy rate | 1.0% ±1.9 pts | 1.1% | – |
| Rental vacancy rate | 4.2% ±4.3 pts | 6.1% | – |
| Single-family detached homes | 73.6% ±5.9 pts | 75.2% | – |
| Mobile homes | 17.7% ±5.0 pts | 16.7% | – |
| Built 2020 or later | 0.6% ±0.8 pts | 1.5% | – |
| Built 2010 to 2019 | 4.2% ±2.2 pts | 10.6% | – |
| Built 1939 or earlier | 3.8% ±2.0 pts | 5.8% | – |
| Households with no vehicle | 9.0% ±4.3 pts | 6.3% | – |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Panama work and get to work?
84.4% of Panama's workers drive alone and 7.8% work from home. The average trip to work takes 26.2 minutes. The unemployment rate in 2020-2024 averaged 6.2%.
| Measure | Panama | Le Flore County | Change since 2015-2019 |
|---|---|---|---|
| In the labor force (age 16+) | 56.5% ±7.5 pts | 51.3% | – |
| Unemployment rate | 6.2% ±3.2 pts | 5.2% | no clear change |
| Drove alone to work | 84.4% ±7.4 pts | 82.9% | – |
| Carpooled | 6.1% ±5.1 pts | 9.1% | – |
| Public transportation | 0.0% ±4.5 pts | 0.1% | – |
| Walked | 0.9% ±1.3 pts | 1.4% | – |
| Worked from home | 7.8% ±4.9 pts | 5.4% | – |
| Mean travel time to work | 26.2 min ±5.9 | 24.2 min | no clear change |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What census tracts are in Panama?
No census tract lies mostly in Panama; 2 tracts reach into it (2020 census blocks).
| Tract | Residents, 2020-2024 | Median household income |
|---|---|---|
| Tract 403.01Le Flore County | 5,753 | $56,962 |
| Tract 403.02Le Flore County | 3,666 | $56,136 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 block assignment files (tract share = share of the tract's census blocks in Panama) · Census block assignment files
How does Panama compare with other places in Oklahoma?
By the Census Bureau's July 2025 estimates, Panama is the 9,270th-most populous of the 19,476 U.S. incorporated places that have one and the 178th-most populous of 591 in Oklahoma.
Panama ranks 152nd of 228 places in Oklahoma with 1,000 or more residents and a reliable estimate, by median household income.
| Measure | Rank | Of |
|---|---|---|
| Population, July 2025 estimate | 178th | 591 |
| Growth 2020-2025 (PEP) | 68th | 212 |
| Residents per square mile | 150th | 229 |
| Median household income | 152nd | 228 |
| Per capita income | 202nd | 229 |
| Median home value | 129th | 228 |
| Median gross rent | 151st | 223 |
| Poverty rate | 26th | 218 |
| Bachelor's degree or higher | 221st | 226 |
| Median age | 210th | 229 |
| Owner-occupied share | 115th | 229 |
| Work from home | 66th | 140 |
| Travel time to work | 50th | 229 |
Panama's figures with every place in Oklahoma (CSV)
Every place in Oklahoma, sortable · Compare Panama with other places
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) and PEP Vintage 2025 · How ranks are computed
How reliable are the figures for Panama?
13 of the 57 figures for Panama on this page carry a coefficient of variation over 40% and are marked with a ring: they come from a small sample, so read them as rough.
The American Community Survey samples about one household in eight over five years, so every figure is an estimate with a 90% margin of error (shown under each value). A ring marks an estimate whose coefficient of variation is over 40%. A change is called only when the gap between the two periods is larger than their combined 90% margin (the square root of the sum of the two squared margins), the Census Bureau's test. How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · ACS technical documentation
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections
Not on this page: crime, weather and schools for Panama are other agencies' records. Crime: the FBI's Crime Data Explorer · climate: NOAA's U.S. Climate Normals · schools: the National Center for Education Statistics' public schools in Panama.