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.
|Population in Households||1,527|
|Population in Familes||1,281|
|Population in Group Qrtrs||0|
|Average Household Size||2.5|
|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)|
|Median Household Income||-1.34%|
|Per Capita Income||0.95%|
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.
|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.