How many renters in Panama, OK pay more than 30% of their income on rent?

62.3% (±17.0 points) of renting households in Panama, OK spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

53.8% spend 35% or more.

The median renting household spends 36.5% of its income on rent.

Figures last updated on .

Paying 30% or more
62.3% (±17.0 points)
Paying 35% or more
53.8% (±13.8 points)
Median share of income
36.5% (±5.8 points)

Rent as a share of income in Panama

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentPanamaLe Flore CountyOklahomaUnited States
Less than 15%13.1% (±10.9 points)16.1%15.4%12.6%
15% to 19.9%8.5% (±5.7 points)14.8%13.6%12.2%
20% to 24.9%6.5% (±4.8 points)13.2%13.3%12.6%
25% to 29.9%9.5% (±6.5 points)10.6%11.4%11.5%
30% to 34.9%8.5% (±10.0 points)10.3%8.8%9.2%
35% or more53.8% (±13.8 points)35.0%37.5%41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Panama against Le Flore County, its state and the nation

Estimate (90% margin of error)
PanamaLe Flore CountyOklahomaUnited States
Paying 30% or more62.3% (±17.0 points)45.3% (±4.6 points)46.3% (±0.6 points)51.1%
Paying 35% or more53.8% (±13.8 points)35.0% (±3.5 points)37.5% (±0.5 points)41.9%
Median share of income36.5% (±5.8 points)27.8% (±1.7 points)28.4% (±0.3 points)30.6%
Median renter household income$21,635 (±$14,374)$32,816 (±$1,691)$42,664 (±$446)$52,966
Median gross rent$776 (±$38)$798 (±$24)$1,014 (±$6)$1,413

In Panama, the share of renters paying 30% or more of income is not measurably different from Le Flore County (45.3%).

It is not measurably different from Oklahoma (46.3%).

It is not measurably different from the national figure (51.1%).

In Le Flore County, Panama ranks 1 of 16 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 55 of 557.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Renters paying 30% or more of income in places near Panama

Nearest places with a published estimate, compared with Panama
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Panama—62.3% (±17.0 points)—
Shady Point3.0 mi27.1% (±15.2 points)Lower
Spiro5.4 mi58.3% (±15.1 points)Not measurably different
Bokoshe7.0 mi37.5% (±24.9 points)Not measurably different
Cameron7.7 mi29.4% (±21.6 points)Lower
Poteau7.9 mi50.4% (±9.2 points)Not measurably different
Fort Coffee10 mi42.1% (±65.7 points)Not measurably different
Rock Island11 mi45.5% (±38.6 points)Not measurably different
Pocola13 mi38.8% (±11.2 points)Lower

Nearby places with a measurably lower figure: Shady Point, OK (27.1%), Cameron, OK (29.4%), Pocola, OK (38.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Renters paying 30% or more of income across Le Flore County, place by place

RankPlaceRenters paying 30% or more of income
1Panama62.3% (±17.0 points)
2Spiro58.3% (±15.1 points)
3Poteau50.4% (±9.2 points)
4Howe49.3% (±34.0 points)
5Rock Island45.5% (±38.6 points)
6Arkoma44.4% (±10.4 points)
7Heavener42.9% (±13.7 points)

Showing 7 of 16 places in Le Flore County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Panama

Are renters in Panama rent-burdened?

62.3% of renting households in Panama pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Panama spend on rent?

The median renting household in Panama, OK spends 36.5% (±5.8 points) of its household income on gross rent.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Panama town, Oklahoma (place:56900, in state:40).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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