Skip to content

Checked

Panama, OK

Town in Le Flore County, Oklahoma. ZIP codes: 74951.

Population

1,415

Land area

2.3sq mi

People per sq mi

626

ZIP codes

1

Panama and its ZIP codes

Full map

Panama at a glance

  • Panama is about 11 times as dense as Oklahoma as a whole.
  • The median household income is $47,136, 28% below the Oklahoma median of $65,039.
  • A typical owner-occupied home is valued at $124,800 (38% below Oklahoma) and median rent is $776 a month.

Local data for Panama, OK

Counts from official public data

Housing and community stats

Panama, OK, American Community Survey 2020-2024

Full profile

Median household income

$47,136

Poverty rate

29.0%

Median home value

$124,800

Median rent

$776/mo

Homeownership

65.4%

Bachelor's or higher

7.0%

Median age

31.5

Average commute

26.2 min

Largest reported origins and ancestries: Irish Americans (250), German Americans (147), Mexican Americans (70).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Le Flore County. PPP loans are for Panama.

Details

Unemployment rate

4.4%

Aug 2026, +0.1 pts in a year

Average annual pay

$43,674

11,998 jobs, 2025

Income per person

$45,176

BEA, 2024

Federal spending

$388M

FY 2026, $8,053 per person

PPP loans

$235K

22 loans, 28 jobs reported

Le Flore County economyFederal spendingPPP loans

How people get to work

Panama, OK, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone84.4%
  • Carpooled6.1%
  • Public transit0.0%
  • Walked0.9%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other0.7%
  • Worked from home7.8%

Average one-way commute: 26.2 minutes for people who do not work from home.

Environment and hazard risk

Panama, OK, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Moderate

Top: ice storm

Storm events since 1996

1,026

Countywide, mostly hail

Flood insurance policies

67

0.3% of homes, county

July high / Jan low

93° / 27°F

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Panama, OK, CDC PLACES estimates

All 40 measures

Obesity

39.8%

U.S. 33.3% +6.5 pts

Diabetes

14.9%

U.S. 12.1% +2.8 pts

Smoking

22.0%

U.S. 12.8% +9.2 pts

Uninsured (18-64)

11.4%

U.S. 11.1% about the same

ZIP codes in Panama

1 in or overlapping Panama. Population shown

·

Cities near Panama

NameDistanceLand area (sq mi)
Shady PointTown2.8 mi2.6
SpiroTown5.6 mi2.3
BokosheTown7 mi0.5
CameronTown7.7 mi1.5
Fort CoffeeTown9.9 mi6.5
Rock IslandTown11 mi12.2
PoteauCity11 mi26.6
CowlingtonTown12 mi0.9
PocolaTown13 mi30.3
WisterTown14 mi1.9
Bonanza, ARCity14 mi2.8
BrentCensus-designated place15 mi11.2
Hackett, ARCity15 mi1.4
MonroeCensus-designated place15 mi1.4
GansTown15 mi0.3
HoweTown15 mi1.5

Frequently asked questions

What county is Panama, OK in?
Panama is in Le Flore County, Oklahoma.
What ZIP codes are in Panama, OK?
ZIP codes in or overlapping Panama include 74951.
What is the population of Panama, OK?
About 1,415 people live in Panama, based on American Community Survey 5-year estimates.
What cities are near Panama?
Nearby places include Shady Point (2.8 mi), Spiro (5.6 mi), Bokoshe (7 mi), Cameron (7.7 mi), Fort Coffee (9.9 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023