Panama, OK
Full City Profile · Oklahoma · Sebastian County County
2.6
/5.0
C+
Fair
1,432
Population
634/sq mi density
$45,489
Median Income
$20,687 per capita
$121,100
Home Value
$122,823 Zillow
$833
Median Rent
30.7% income on rent
63°F
Avg Temperature
318 sunny days/yr
46
Violent Crime/100K
872 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$45,489 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$121,100 home value, $833/mo rent
F
Safety
1.0 / 5.0
46 violent crimes/100K
D
Education
1.6 / 5.0
7.4% bachelor's degree or higher
Income Overview
Median Household Income
$45,489
39% below
US avg: $75,149
Per Capita Income
$20,687
47% below
US avg: $39,052
Unemployment Rate
2.9%
19% below
US avg: 3.6%
Poverty Rate
20.5%
65% above
US avg: 12.4%
Income Comparison: Panama vs. U.S. Average
Each bar shows Panama’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$45,489
61%
Per Capita
US: $39,052
$20,687
53%
IRS Avg AGI
US: $72,000
$69,751
97%
Avg Weekly Wage
US: $1,432
$1,061
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,061
26% below US avg ($1,432)
Mean Commute Time
25 min
9% below US avg (28 min)
Work From Home
9.4%
38% below US avg (15.2%)
Drive Alone
82.2%
12% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$9,255M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
82.2%
Public Transit
0%
Work From Home
9.4%
Other
8.4%
Average commute time
25 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,751
Restaurants
302
Healthcare
482
Retail
538
Manufacturing
156
Tax & Financial
IRS Avg Adjusted Gross Income
$69,751
3% below US avg ($72,000)
Avg Property Tax
$3,305
6% below US avg ($3,500)
Cost of Living Index
87.8
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $45,489 |
| Per Capita Income | $20,687 |
| IRS Avg Adjusted Gross Income | $69,751 |
| Avg Weekly Wage | $1,061 |
| County GDP | $9,255M |
Hardship Indicators
| Unemployment Rate | 2.9% |
| Poverty Rate | 20.5% |
| Gini Coefficient | 0.504 |
| Cost of Living Index | 87.8 |
Commute
| Mean Commute | 25 minutes |
| Drive Alone | 82.2% |
| Public Transit | 0.0% |
| Work From Home | 9.4% |
Businesses
| Total Establishments | 3,751 |
| Restaurants | 302 |
| Healthcare | 482 |
| Retail | 538 |
| Manufacturing | 156 |
Tax
| IRS Avg AGI | $69,751 |
| Avg Property Tax | $3,305 |
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