Panama is a city located in Le Flore County Oklahoma. Panama has a 2020 population of 1,329. Panama is currently declining at a rate of -0.82% annually and its population has decreased by -6.01% since the most recent census, which recorded a population of 1,414 in 2010.
The average household income in Panama is $38,127 with a poverty rate of 25.45%. The median rental costs in recent years comes to $723 per month, and the median house value is $81,900. The median age in Panama is 33.9 years, 29.3 years for males, and 38.5 years for females.
According to the most recent ACS, the racial composition of Panamawas:
The highest rate of high school graduation is among black people with a rate of 100.00%.
The highest rate of bachelors degrees is among asian people with a rate of 42.86%.
98.36% of Panama residents speak only English, while 1.64% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.09% of the population.
Overall Poverty Rate
Male Poverty Rate
Female Poverty Rate
The race most likely to be in poverty in Panama is Multiple, with 34.10% below the poverty level.
The race least likely to be in poverty in Panama is Hispanic, with 20.93% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 5.03%. Among those working part-time, it was 29.17%, and for those that did not work, the poverty rate was 34.42%.
Veteran Poverty Rate
Veteran Disability Rate
Labor Force Participation
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
Born in Panama
97.36% of Panama residents were born in the United States, with 47.61% having been born in Oklahoma. 1.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.