Panama, OK Profile: Facts & Data

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Panama, Oklahoma - Basic Facts

The Town of Panama had a population of 1,424 as of July 1, 2018.

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.


Jump to... (On This Page!)
  1. Panama 2018 Demographic Data
  2. Growth Rates for Panama (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Oklahoma Research Tools (Easy Tools & Current Data)
  3. Oklahoma Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Panama, OK Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 1,424
Population in Households 1,424
Population in Familes 1,198
Population in Group Qrtrs 0
Population Density2 900
Diversity Index3 44
 

INCOME

Median Household Income $33,895
Average Household Income $46,140
Per Capita Income $17,427

HOUSING

Total Housing Units 660 (100%)
Owner Occupied HU 420 (63.6%)
Renter Occupied HU 143 (21.7%)
Vacant Housing Units 97 (14.7%)
Median Home Value $62,862
Average Home Value $82,041
 

HOUSEHOLDS

Total Households 563
Average Household Size 2.53
Family Households 398
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2018 2018-2023
Population 0.09% -0.03%
Households -0.09% -0.11%
Families 0.89% -0.15%
Median Household Income   3.32%
Per Capita Income   3.55%

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, 2018 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 # 180 76th
Population Density # 196 73rd
Diversity Index # 482 34th
Median Household Income # 658 10th
Per Capita Income # 686 6th

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

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