Panama, Oklahoma Population 2020

1,358
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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.

Panama Demographics

According to the most recent ACS, the racial composition of Panama was:

  • White: 78.38%
  • Native American: 8.68%
  • Two or more races: 6.83%
  • Black or African American: 3.78%
  • Asian: 1.85%
  • Other race: 0.48%
  • Native Hawaiian or Pacific Islander: 0.00%
The current population of Panama, Oklahoma is 1,358, based on our projections of the latest US Census estimates. The US Census estimates the 2018 population at 1,370.The last official US Census in 2010 recorded the population at 1,413.

Panama, Oklahoma Population 2020

Population by Race

Race Population Percentage
White97578.38%
American Indian and Alaska Native1088.68%
Two or More Races856.83%
Black or African American473.78%
Asian231.85%
Some Other Race60.48%
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Panama Population Pyramid 2020

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Panama Median Age

38.4


Total

33.3


Male

44.3


Female

Panama Adults

There are 902 adults, (214 of whom are seniors) in Panama.

Panama Age Dependency

80.8

Age Dependency Ratio

31.1

Old Age Dependency Ratio

49.7

Child Dependency Ratio

Panama Sex Ratio

Female

657

52.81%

Male

587

47.19%

Panama Households and Families

Panama Renter vs Owner Occupied by Household Type

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Panama Household Types

Type Owner Renter
Married72.1%27.9%
All60.5%39.5%
Non Family57.6%42.4%
Female46.6%53.4%
Male41.2%58.8%

60.5%

Rate of Home Ownership

Type Count Average Size Owned
All4892.5460.5
Married1973.2972.1
Non Family1721.2257.6
Female1033.2946.6
Male172.7641.2

3.16

Average Family Size

2.54

Average Household Size

4.7%

Unmarried (Opposite Sex)

0%

Unmarried (Same Sex)

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Panama Education

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Education Attained Count Percentage
Less Than 9th Grade546.63%
9th to 12th Grade13516.58%
High School Graduate37345.82%
Some College11914.62%
Associates Degree607.37%
Bachelors Degree384.67%
Graduate Degree354.30%
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Panama Educational Attainment by Race

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Name Total High School Bachelors
White68251761
Native American6954
Multiple Races292610
Hispanic1412
Black1212
Asian842
Other Race66

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%.

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Name Average Male Female
Overall$28,462$32,885$25,125
Less Than High School$25,577$26,406$24,063
High School Grad$29,500$33,000$21,250
Some College$23,594$27,500$23,594
Bachelors Degree$33,438$43,750$32,813
Graduate Degree$43,750$$41,250

$28,462

Average Earnings

$32,885

Average Male

$25,125

Average Female

Panama Language

Panama Language by Age

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Panama Language

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.

Panama Poverty

Panama Poverty by Race

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Name Total In Poverty Poverty Rate
White94924826.13%
Native1083835.19%
Black473676.60%
Multiple851821.18%
Hispanic29413.79%

27.79%

Overall Poverty Rate

22.89%

Male Poverty Rate

32.12%

Female Poverty Rate

Poverty in Panama

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%.

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Name Poverty
Some College33.52%
Less Than High School26.46%
High School20.38%
Bachelors or Greater0.00%
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Name Poverty
Male Unemployed80.00%
Female Unemployed53.85%
Female Employed23.36%
Male Employed5.24%

Panama Income

Panama Income by Household Type

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Name Median Mean
Households$30,987$38,518
Families$41,750$44,505
Married Families$48,625-
Non Families$16,818$24,954
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Panama Marital Status

Panama Marital Status

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Marriage Rates

46.2%

Overall Marriage Rate

52.1%

Male Marriage Rate

41.9%

Female Marriage Rate

Panama Married by Age and Sex

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Panama Marriage

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.

Panama Marital Status by Race

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Panama Veterans

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79

Number of Veterans

73

Male Veterans

6

Female Veterans

War Veterans
Vietnam34
First Gulf War14
Korea13
World War II4
Second Gulf War
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Age Group Veterans
75+27
65 to 7424
55 to 6417
35 to 5411
18 to 34
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Name Veterans % of Total
White587.85%
Indian89.20%
2 or More716.28%
Black650.00%

Panama Veterans by Education

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18.99%

Veteran Poverty Rate

37.97%

Veteran Disability Rate

Panama Employment Status

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46.6%

Labor Force Participation

43.1%

Employment Rate

7.5%

Unemployment Rate

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Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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53.30%

Born in Oklahoma

96.38%

Native Born

3.62%

Foreign Born

1.29%

Non Citizen

2.33%

Naturalized

Place of Birth

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
20201,358-6-0.44%
20191,364-6-0.44%
20181,37010.07%
20171,369-6-0.44%
20161,37510.07%
20151,374-9-0.65%
20141,383-8-0.58%
20131,391-5-0.36%
20121,396-10-0.71%
20111,406-7-0.50%
20101,4130.00%