Panama is a city located in Oklahoma. With a 2020 population of 1,358, it is the 178th largest city in Oklahoma and the 9085th largest city in the United States. Panama is currently declining at a rate of -0.44% annually and its population has decreased by -3.89% since the most recent census, which recorded a population of 1,413 in 2010. Panama reached it's highest population of 1,413 in 2010. Spanning over 2 miles, Panama has a population density of 859 people per square mile.
The average household income in Panama is $38,518 with a poverty rate of 27.79%. The median rental costs in recent years comes to $689 per month, and the median house value is $55,000. The median age in Panama is 38.4 years, 33.3 years for males, and 44.3 years for females. For every 100 females there are 89.3 males.
According to the most recent ACS, the racial composition of Panama was:
| Race | Population | Percentage |
|---|---|---|
| White | 975 | 78.38% |
| American Indian and Alaska Native | 108 | 8.68% |
| Two or More Races | 85 | 6.83% |
| Black or African American | 47 | 3.78% |
| Asian | 23 | 1.85% |
| Some Other Race | 6 | 0.48% |
| Type | Count | Average Size | Owned |
|---|---|---|---|
| All | 489 | 2.54 | 60.5 |
| Married | 197 | 3.29 | 72.1 |
| Non Family | 172 | 1.22 | 57.6 |
| Female | 103 | 3.29 | 46.6 |
| Male | 17 | 2.76 | 41.2 |
| Education Attained | Count | Percentage |
|---|---|---|
| Less Than 9th Grade | 54 | 6.63% |
| 9th to 12th Grade | 135 | 16.58% |
| High School Graduate | 373 | 45.82% |
| Some College | 119 | 14.62% |
| Associates Degree | 60 | 7.37% |
| Bachelors Degree | 38 | 4.67% |
| Graduate Degree | 35 | 4.30% |
| Name | Total | High School | Bachelors |
|---|---|---|---|
| White | 682 | 517 | 61 |
| Native American | 69 | 54 | |
| Multiple Races | 29 | 26 | 10 |
| Hispanic | 14 | 12 | |
| Black | 12 | 12 | |
| Asian | 8 | 4 | 2 |
| Other Race | 6 | 6 |
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 multiple races people with a rate of 34.48%.
$28,462
Average Earnings
$32,885
Average Male
$25,125
Average Female
97.65% of Panama residents speak only English, while 2.35% speak other languages. The non-English language spoken by the largest group is Spanish, which is spoken by 1.13% of the population.
| Name | Total | In Poverty | Poverty Rate |
|---|---|---|---|
| White | 949 | 248 | 26.13% |
| Native | 108 | 38 | 35.19% |
| Black | 47 | 36 | 76.60% |
| Multiple | 85 | 18 | 21.18% |
| Hispanic | 29 | 4 | 13.79% |
27.79%
Overall Poverty Rate
22.89%
Male Poverty Rate
32.12%
Female Poverty Rate
The race most likely to be in poverty in Panama is Black, with 76.60% below the poverty level.
The race least likely to be in poverty in Panama is Hispanic, with 13.79% below the poverty level.
The poverty rate among those that worked full-time for the past 12 months was 7.54%. Among those working part-time, it was 42.40%, and for those that did not work, the poverty rate was 27.70%.
46.2%
Overall Marriage Rate
52.1%
Male Marriage Rate
41.9%
Female Marriage Rate
The age group where males are most likely to be married is Over 65, while the female age group most likely to be married is 20-34.
| Name | Veterans | % of Total |
|---|---|---|
| White | 58 | 7.85% |
| Indian | 8 | 9.20% |
| 2 or More | 7 | 16.28% |
| Black | 6 | 50.00% |
18.99%
Veteran Poverty Rate
37.97%
Veteran Disability Rate
46.6%
Labor Force Participation
43.1%
Employment Rate
7.5%
Unemployment Rate
Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.
96.38%
Native Born
3.62%
Foreign Born
1.29%
Non Citizen
2.33%
Naturalized
96.38% of Panama residents were born in the United States, with 53.30% having been born in Oklahoma. 1.29% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.
| Year | Population | Growth | Annual Growth Rate |
|---|---|---|---|
| 2020 | 1,358 | -6 | -0.44% |
| 2019 | 1,364 | -6 | -0.44% |
| 2018 | 1,370 | 1 | 0.07% |
| 2017 | 1,369 | -6 | -0.44% |
| 2016 | 1,375 | 1 | 0.07% |
| 2015 | 1,374 | -9 | -0.65% |
| 2014 | 1,383 | -8 | -0.58% |
| 2013 | 1,391 | -5 | -0.36% |
| 2012 | 1,396 | -10 | -0.71% |
| 2011 | 1,406 | -7 | -0.50% |
| 2010 | 1,413 | 0.00% |