Panama, OK

Census Place

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2024 Population
1,415
US Senator
James Lankford
Republican Party
US Senator
Markwayne Mullin
Republican Party
2024 Median Age
31.5
3.28% 1-year increase
2024 Poverty Rate
29%
4.19% 1-year decrease
2024 Median Household Income
$47,136
3.62% 1-year growth
2024 Median Property Value
$124,800
3.06% 1-year growth
2024 Employed Population
544
1.87% 1-year growth

About

None of the households in Panama, OK reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

99% of the residents in Panama, OK are U.S. citizens.

In 2024, the median property value in Panama, OK was $124,800, and the homeownership rate was 65.4%.

Most people in Panama, OK drove alone to work, and the average commute time was 26.2 minutes. The average car ownership in Panama, OK was 2 cars per household.

United StatesOklahomaLe Flore County, OKFort Smith, AR-OKSoutheast Oklahoma Counties--Poteau, Idabel, Broken Bow, Wilburton & Hugo Cities PUMA, OK

Population & Diversity

Panama, OK is home to a population of 1.42k people, from which 99% are citizens. As of 2024, 1.48% of Panama, OK residents were born outside of the country (21 people).

In 2024, there were 5.14 times more White (Non-Hispanic) residents (936 people) in Panama, OK than any other race or ethnicity. There were 182 American Indian & Alaska Native (Non-Hispanic) and 167 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99%
2024 Citizenship
99.2%
2023 Citizenship

As of 2024, 99% of Panama, OK residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Panama, OK was 99.2%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Panama, OK compared to that of it's neighboring and parent geographies.

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Diversity

Race and Ethnicity

The 3 largest ethnic groups in Panama, OK
  1. White (Non-Hispanic)
    936 ± 195
  2. American Indian & Alaska Native (Non-Hispanic)
    182 ± 72
  3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    167 ± 49
6.08%
Hispanic Population
86 people

In 2024, there were 5.14 times more White (Non-Hispanic) residents (936 people) in Panama, OK than any other race or ethnicity. There were 182 American Indian & Alaska Native (Non-Hispanic) and 167 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

6.08% of the people in Panama, OK are hispanic (86 people).

The following chart shows the 8 races represented in Panama, OK as a share of the total population.

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Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Oklahoma.
Most Common Origin
  1. Mexico
    105,376 ± 7,864 people
  2. Vietnam
    13,032 ± 2,798 people
  3. Guatemala
    11,790 ± 2,662 people

In 2023, the most common birthplace for the foreign-born residents of Oklahoma was Mexico, the natal country of 105,376 Oklahoma residents, followed by Vietnam with 13,032 and Guatemala with 11,790.

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Foreign-Born Population

1.48%
2024 Foreign-Born Population
21 people
1.12%
2023 Foreign-Born Population
16 people

As of 2024, 1.48% of Panama, OK residents (21 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Panama, OK was 1.12%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Panama, OK compared to that of it's neighboring and parent geographies.

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Military

Veterans

Most Common Service Period
  1. Gulf War (2001-)
    36 ± 33
  2. Vietnam
    33 ± 22
  3. Gulf War (1990s)
    7 ± 12

Panama, OK has a large population of military personnel who served in Gulf War (2001-), 1.09 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Panama, OK.

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Economy

The economy of Panama, OK employs 544 people. In 2024, the largest industries in Panama, OK were Retail Trade (181 people), Health Care & Social Assistance (81 people), and Manufacturing (55 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($76,250), Transportation & Warehousing ($76,250), and Retail Trade ($60,532).

Employment

Occupations

544
2024 Value
± 146
1.87%
1 Year growth
± 37%

From 2023 to 2024, employment in Panama, OK grew at a rate of 1.87%, from 534 employees to 544 employees.

The most common job groups, by number of people living in Panama, OK, are Sales & Related Occupations (158 people), Production Occupations (44 people), and Management Occupations (44 people). This chart illustrates the share breakdown of the primary jobs held by residents of Panama, OK.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Oklahoma.

This chart shows weekly unemployment insurance claims in Oklahoma (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Industries

Employment by Industries

544
2024 Value
± 146
1.87%
1 Year growth
± 37%

From 2023 to 2024, employment in Panama, OK grew at a rate of 1.87%, from 534 employees to 544 employees.

The most common employment sectors for those who live in Panama, OK, are Retail Trade (181 people), Health Care & Social Assistance (81 people), and Manufacturing (55 people). This chart shows the share breakdown of the primary industries for residents of Panama, OK, though some of these residents may live in Panama, OK and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$51,429
Median earning men ± $16,428
$23,393
Median earning women ± $2,126

The industries with the best median earnings for men in 2024 are Transportation & Warehousing, & Utilities ($76,250), Retail Trade ($60,903), and Construction ($45,550).

The industries with the best median earnings for women in 2024 are Educational Services, & Health Care & Social Assistance ($27,614), Retail Trade ($23,636), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($10,278).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Oklahoma.
Y-Axis
2.57%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 1.72M people employed in Oklahoma. This represents a 2.57% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10%.

The following chart shows monthly employment numbers for each industry sector in Oklahoma.

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Civics

In the 2024 presidential election, the popular vote in Oklahoma went to Donald J. Trump with 66.2% of the vote. The runner-up was Kamala Harris (31.9%), followed by Robert Kennedy (1.02%).

James Lankford and Markwayne Mullin are the senators currently representing the state of Oklahoma. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Oklahoma is currently represented by 5 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

Presidential Elections

Voting results are not available for Panama, OK. Showing the available data for Oklahoma.
2024 Election Results
  1. Donald J. Trump (66.2%)
    Republican Party
  2. Kamala Harris (31.9%)
    Democratic Party
  3. Robert Kennedy (1.02%)
    Independent Party

In the 2024 presidential election, the popular vote in Oklahoma went to Donald J. Trump with 66.2% of the vote. The runner-up was Kamala Harris (31.9%), followed by Robert Kennedy (1.02%).

The following chart shows the popular vote results in Oklahoma for each registered party from 1976 to 2024.

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Senator Elections

US Senators from Oklahoma

Senatorial voting results are only available at the state level. Showing data for Oklahoma.
James Lankford
Senator from Oklahoma3
Assumed office on January 3, 2015
Took office following the resignation of Tom Coburn.
Markwayne Mullin
Senator from Oklahoma2
Assumed office on January 3, 2023
Took office following the resignation of Jim Inhofe.

James Lankford and Markwayne Mullin are the senators currently representing Oklahoma.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Oklahoma over time, excluding special elections, colored by their political party.

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Housing & Living

The median property value in Panama, OK was $124,800 in 2024, which is 0.375 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $121,100 to $124,800, a 3.06% increase. The homeownership rate in Panama, OK is 65.4%, which is higher than the national average of 65.2%.

People in Panama, OK have an average commute time of 26.2 minutes, and they drove alone to work. Car ownership in Panama, OK is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$124,800
Median Property Value 2024
±$33,609
$387
Median Property Taxes
±$132

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Panama, OK the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Panama, OK compared to it's parent and neighbor geographies.

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Rent vs Own

65.4%
Homeownership
2024
65.5%
Homeowners with Mortgage
2024

In 2024, 65.4% of the housing units in Panama, OK were occupied by their owner. This percentage declined from the previous year's rate of 65.5%.

This chart shows the percentage of owner in Panama, OK compared it's parent and neighboring geographies.

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Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$47,136
Median Household Income
± $14,509
592
Number of Households
± 139

In 2024, the median household income of the 592 households in Panama, OK grew to $47,136 from the previous year's value of $45,489.

The following chart displays the households in Panama, OK distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Wage Distribution

The closest comparable wage GINI for Panama, OK is from Oklahoma.
0.452
2023 Wage GINI in Oklahoma
0.456
2022 Wage GINI in Oklahoma

In 2023, the income inequality in Oklahoma was 0.452 according to the GINI calculation of the wage distribution. Income inequality had a 0.809% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Oklahoma was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Oklahoma in comparison to the national average.

This chart shows the number of workers in Oklahoma across various wage buckets compared to the national average.

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Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (84.4%)
  2. Worked At Home (7.82%)
  3. Carpooled (6.15%)

In 2024, 84.4% of workers in Panama, OK drove alone to work, followed by those who worked at home (7.82%) and those who carpooled to work (6.15%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

26.2 minutes
Average Travel Time

Using averages, employees in Panama, OK have a shorter commute time (26.2 minutes) than the normal US worker (26.4 minutes). Additionally, 3.43% of the workforce in Panama, OK have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Panama, OK compares to that of it's neighboring and parent geographies.

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Car Ownership

2 cars
Average Number

The following chart displays the households in Panama, OK distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Panama, OK have 2 cars.

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Poverty

Poverty & Diversity

29% of the population for whom poverty status is determined in Panama, OK (408 out of 1.41k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females < 5, followed by Females 35 - 44 and then Males 6 - 11.

The most common racial or ethnic group living below the poverty line in Panama, OK is White, followed by Two Or More and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

82.1% of the population of Panama, OK has health coverage, with 23.5% on employee plans, 40.2% on Medicaid, 9.7% on Medicare, 5.59% on non-group plans, and 3.12% on military or VA plans.

Primary care physicians in Oklahoma see 1,694 patients per year on average, which represents a 0% change from the previous year (1,694 patients). Compare this to dentists who see 1561 patients per year, and mental health providers who see 231 patients per year.

By gender, of the total number of insured persons, 53.5% were men and 46.5% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 30% under 18 years, 24.6% between 18 and 34 years, 24.6% between 35 and 64 years, and 20.7% over 64 years.

By gender, of the total number of insured persons, 53.5% were men and 46.5% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

17.9%
Uninsured
23.5%
Employer Coverage
40.2%
Medicaid
9.7%
Medicare
5.59%
Non-Group
3.12%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Panama, OK declined by 6.75% from 19.2% to 17.9%.

The following chart shows how the percent of uninsured individuals in Panama, OK changed over time compared with the percent of individuals enrolled in various types of health insurance.

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