Panama, Oklahoma Population 2024

1,312

Panama Demographics

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

  • White: 70.03%
  • Two or more races: 18.94%
  • Native American: 8.37%
  • Asian: 2.27%
  • Black or African American: 0.39%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
Land Area (mi²)
2.3 sq mi
Density (mi²)
580.70/sq mi
Growth Since 2020
3.14% (40)
The current population of Panama, Oklahoma is 1,312 based on our projections of the latest US Census estimates (released May 2024). The last official US Census in 2020 recorded the population at 1,272.

Population by Race

Race
Population
Percentage (of total)
White89570.03%
Two or more races24218.94%
Native American1078.37%
Asian292.27%
Black or African American50.39%
Native Hawaiian or Pacific Islander00%
Other race00%

White

Two or more races

Native American

Asian

Black or African American

Native Hawaiian or Pacific Islander

Other race

Panama Population by Race

Panama Population Pyramid 2024

Panama Median Age

32.4

Total

33.2

Male

31.6

Female

Panama Adults

There are 890 adults, (267 of whom are seniors) in Panama.

Panama Age Dependency

105.1

Age Dependency Ratio

42.9

Old Age Dependency Ratio

62.3

Child Dependency Ratio

Panama Sex Ratio

Female60046.95%
Male67853.05%

Panama Population by Age

Panama Renter vs Owner Occupied by Household Type

Household Type
Count
Average Size
Owner
Renter
All5262.4360.639.4
Married2502.6779.220.8
Non Family1391.0759.740.3
Female883.6720.579.5
Male492.8440.859.2

2.72

Average Family Size

2.43

Average Household Size

60.6%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Panama Households and Families

Male

Female

Education Attained
Count
Percentage
9th to 12th Grade8911.76%
Associates Degree445.81%
Bachelors Degree334.36%
Graduate Degree233.04%
High School Graduate42956.67%
Less Than 9th Grade101.32%
Some College12917.04%

Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Panama Educational Attainment by Sex (over 25)

Panama Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

Race
Total
High School
Bachelors
White58951640
2+ Races1048111
Native American51512
Asian853
Hispanic740
Black220

The highest rate of high school graduation is among black people with a rate of 100%.

The highest rate of bachelors degrees is among asian people with a rate of 37.5%.

Panama Educational Attainment by Race

All

Male

Female

Name
Average
Male
Female
Bachelors Degree$0$0$0
Graduate Degree$0$0$0
High School Graduate$40,250$55,124$21,250
Less Than 9th Grade$22,083$25,208$21,875
Overall$37,500$50,833$26,250
Some College$35,833$69,167$31,250

$37,500

Average Earnings

$50,833

Average Male

$26,250

Average Female

Panama Earnings by Educational Attainment

Panama Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Panama Language

98.58% of Panama residents speak only English, while 1.42% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 0.62% of the population.

Panama Language

Panama Poverty by Race

rate

Name
Total
In Poverty
Poverty Rate
White87426430.21%
Multiple2426828.1%
Native1072725.23%
Hispanic431227.91%

28.82%

Overall Poverty Rate

20.94%

Male Poverty Rate

37.84%

Female Poverty Rate

Poverty in Panama

The race most likely to be in poverty in Panama is White, with 30.21% below the poverty level.

The race least likely to be in poverty in Panama is Native, with 25.23% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 4.11%. Among those working part-time, it was 24.83%, and for those that did not work, the poverty rate was 41.84%.

Panama Poverty

rate

Rate
Poverty
Some College24.86%
Less Than 9th Grade24.24%
High School20.51%
Bachelors or Greater10.71%

Panama Poverty Rate by Education

rate

Rate
Poverty
Male Unemployed42.86%
Female Employed20.54%
Male Employed4.49%
Female Unemployed0%

Panama Poverty Rate by Employment Status and Sex

Panama Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

Name
Median
Mean
Families$57,188$56,875
Households$44,397$52,816
Married Families$78,366$-999,999,999
Non Families$19,917$33,181

mean

median

Income by Household Type

Panama Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

45.7%

Overall Marriage Rate

53.7%

Male Marriage Rate

36.7%

Female Marriage Rate

Panama Married by Age and Sex

male

female

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 55-64.

Panama Marital Status by Race

Married

Widowed

Divorced

Separated

NeverMarried

Panama Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

123

Number of Veterans

114

Male Veterans

9

Female Veterans

War
Veterans
Vietnam48
Second Gulf War30
First Gulf War23
Korea3
World War II0

Panama Veterans by War

count

Age Group
Veterans
65 to 7434
18 to 3425
55 to 6424
75+21
35 to 5419

Panama Veterans by Age

count

Name
Veterans
% of Total
White9914.56%
2+ Races1714.66%
Native American57.81%
Black2100%

Panama Veterans by Race

Panama Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

8.13%

Veteran Poverty Rate

47.97%

Veteran Disability Rate

Panama Veterans by Education

LaborForceParticipation

56.5%

Labor Force Participation

53.7%

Employment Rate

3.5%

Unemployment Rate

Panama Employment by Age

LaborForceParticipation

Panama Employment by Race

LaborForceParticipation

Panama Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

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

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

42.25%

Born in Panama

97.5%

Native Born

2.5%

Foreign Born

1.41%

Non Citizen

1.1%

Naturalized

Place of Birth

97.5% of Panama residents were born in the United States, with 42.25% having been born in Oklahoma. 1.41% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Asia.

Panama Place of Birth

Note: data after 2022 is projected based on recent change
Year
Population
Growth
Change
20291,362100.74%
20281,352100.75%
20271,342100.75%
20261,332100.76%
20251,322100.76%
20241,312100.77%
20231,302141.09%
20221,28870.55%
20211,28190.71%
20201,272-87-6.4%
20191,359-11-0.8%
20181,370-2-0.15%
20171,372-7-0.51%
20161,37900%
20151,379-11-0.79%
20141,390-6-0.43%
20131,396-7-0.5%
20121,403-8-0.57%
20111,411-3-0.21%
20101,41400%

Panama Population by Year