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HomeOklahomaLe Flore CountyPanama town

Panama town, Oklahoma: commercial real estate data.

Panama town is a Census town of 1,415 people across 2.26 square miles of land, in Le Flore County. Median household income is $47,136, 65.4 percent of occupied homes are owned.

50 sourced place values · tier FULL · 6 sections

Panama

What Panama is

  • Census place typetown
  • Land area2.26 sq mi
  • Water area0.03 sq mi
  • Population per square mile of land626
  • County holding the largest share of its areaLe Flore County, 100.0 percent

US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Panama

How many people live in Panama

  • Population1,415
  • Median age31.5
  • Population under 18411 plus or minus 84
  • Share under 1829.0 percent
  • Population 65 and over292 plus or minus 124
  • Share 65 and over20.6 percent plus or minus 8.0
  • Households592 plus or minus 141
  • Family households443 plus or minus 142
  • Share of households that are families74.8 percent plus or minus 16.1

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Panama

Income and work in Panama

  • Median household income$47,136 plus or minus $14,509
  • Per capita income$21,572
  • Civilian labor force580 plus or minus 162
  • Employed544 plus or minus 158
  • Unemployed36 plus or minus 19
  • Unemployment rate6.2 percent plus or minus 2.8
  • Adults 25 and over882
  • Adults 25 and over with a high school diploma or higher87.8 percent
  • Adults 25 and over with a bachelor degree or higher7.0 percent plus or minus 2.7
  • Adults 25 and over with a graduate degree1.9 percent plus or minus 1.7

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Panama

Housing in Panama

  • Housing units707
  • Occupied units592 plus or minus 141
  • Vacant units115 plus or minus 23
  • Vacancy rate16.3 percent
  • Owner occupied387 plus or minus 131
  • Renter occupied205 plus or minus 48
  • Ownership rate65.4 percent plus or minus 15.7
  • Median owner-occupied home value$124,800 plus or minus $33,609
  • Median gross rent, monthly$776
  • Annual rent as a share of median income19.8 percent plus or minus 6.2
  • Single family units520 plus or minus 127
  • Share single family73.6 percent
  • Units in buildings of two or more62 plus or minus 30
  • Share in buildings of two or more8.8 percent plus or minus 3.9
  • Mobile homes125 plus or minus 29
  • Median year structure built1982

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Panama

How Panama gets to work

  • Workers 16 and over who commute495 plus or minus 160
  • Commuting under 15 minutes88 plus or minus 31
  • Share commuting under 15 minutes17.8 percent
  • Commuting 30 minutes or more159 plus or minus 46
  • Share commuting 30 minutes or more32.1 percent plus or minus 13.9
  • Drove alone84.4 percent
  • Carpooled6.1 percent plus or minus 5.1
  • Public transport0.0 percent
  • Walked0.9 percent plus or minus 1.3
  • Worked from home7.8 percent plus or minus 3.6

US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Le Flore County, not Panama

Le Flore County context, not Panama figures

These are Le Flore County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Panama measurements.

  • Establishments in Le Flore County798
  • Employment at those establishments, Le Flore County6,665
  • Covered employment, Le Flore County11,691
  • Average annual pay, Le Flore County$42,224
  • Average weekly wage, Le Flore County$812
  • Housing units permitted, Le Flore County59
  • Of those, single family, Le Flore County59
  • County product, 2024, Le Flore County$1,751,455,000
  • County product change over the prior year, Le Flore County3.1 percent
  • Average income of an arriving household, Le Flore County$43,302

Every figure in this section is published for Le Flore County as a whole and is not a measurement of Panama. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.

US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.

Coverage

What this page does not hold.

Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.

  • No SBA approvals are recorded to a borrower address in this place in either FOIA release.
  • This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
  • Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.

SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.

Common questions

Panama questions, answered from the record.

How many people live in Panama, Oklahoma?

1,415, in 592 households. Panama town covers 2.26 square miles of land, which is 626 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

What county is Panama in?

Le Flore County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.

What is the median household income in Panama?

$47,136. The median owner-occupied home is valued at $124,800. Median gross rent is $776 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.

Are the county figures on this page Panama figures?

No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Le Flore County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Panama.

Is zoning published for Panama?

Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.