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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
Housing Overview
Median Home Value
$121,100
57% below
US avg: $281,900
Median Rent
$833/mo
28% below
US avg: $1,163/mo
Homeownership Rate
65.5%
0% below US avg (65.4%)
Total Housing Units
652
Median year built: 1982
Home Value by Source
Census Median
$121,100
Zillow (ZHVI)
$122,823
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.5%
Owner-Occupied
34.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$744/mo
1 Bedroom
$791/mo
2 Bedroom
$995/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,501/mo
Census median rent:
$833/mo
Affordability & Housing Stock
Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
65.5%
Complete Housing Data
Home Values
| Census Median Value | $121,100 |
| Zillow Home Value (ZHVI) | $122,823 |
Rent
| Census Median Rent | $833 |
| FMR Studio | $744 |
| FMR 1-Bedroom | $791 |
| FMR 2-Bedroom | $995 |
| FMR 3-Bedroom | $1,297 |
| FMR 4-Bedroom | $1,501 |
Market
Ownership & Stock
| Owner-Occupied | 65.5% |
| Renter-Occupied | 34.5% |
| Homeownership Rate | 65.5% |
| Total Housing Units | 652 |
| Median Year Built | 1982 |
| Rent Burden | 30.7% |