Panama, OK Profile: Facts, Map & Data


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Panama, Oklahoma - Basic Facts

The Town of Panama had a population of 1,527 as of July 1, 2016. Panama ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Oklahoma. See peer rankings below.

The primary coordinate point for Panama is located at latitude 35.1713 and longitude -94.6709 in Le Flore County. The formal boundaries for the Town of Panama (see map below) encompass a land area of 1.58 sq. miles and a water area of 0.01 sq. miles. Le Flore County is in the Central time zone (GMT -6). The elevation is 453 feet.

The Town of Panama (GNIS ID: 2413104) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Oklahoma is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Panama is located within Panama-Bokoshe Division of Le Flore County.

Beneath the boundary map are tables with Panama population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Neighborhood Data

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Town of Panama, OK Boundary Map

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Boundary Maps: Panama-Bokoshe Division | Le Flore County | Oklahoma Counties

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Panama, OK Data & Demographics (As of July 1, 2016)


Total Population 1,527
Population in Households 1,527
Population in Familes 1,281
Population in Group Qrtrs 0
Population Density1 965
Diversity Index2 43


Total Households 610
Average Household Size 2.5
Family Households 434
Average Family Size 3


Total Housing Units 698 (100%)
Owner Occupied HU 454 (65.0%)
Renter Occupied HU 155 (22.2%)
Vacant Housing Units 88 (12.6%)
Median Home Value $61,551
Average Home Value $79,525


Median Household Income $31,332
Average Household Income $45,010
Per Capita Income $17,176
  (Compound Annual Growth Rates)


2010-2015 2015-2020
Population 1.25% 1.44%
Households 1.18% 1.34%
Families 2.59% 1.35%
Median Household Income   -1.34%
Per Capita Income   0.95%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Panama, OK - Peer Comparisons by Rank and Percentile

The table below compares Panama to the other 731 incorporated cities, towns and CDPs in Oklahoma by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 175 76th
Population Density1 # 174 76th
Diversity Index2 # 470 36th
Median Household Income # 665 9th
Per Capita Income # 664 9th

Additional comparisons and rankings can be made with a VERY EASY TO USE Oklahoma Census Data Comparison Tool.

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