What percentage of people rent in Panama, OK?
34.6% (±9.4 points) of the occupied homes in Panama, OK are rented (2020–2024 American Community Survey).
That is 205 renting households against 387 that own their home.
In Panama, the share of households that rent went from 41.5% in 2015–2019 to 34.6% in 2020–2024 (−6.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 34.6% (±9.4 points)
- Renting households
- 205 (±48)
- Median renter income
- $21,635 (±$14,374)
Who rents and who owns in Panama
| Panama | Le Flore County | Oklahoma | United States | |
|---|---|---|---|---|
| Renter-occupied share | 34.6% (±9.4 points) | 27.2% (±1.4 points) | 34.2% (±0.2 points) | 34.8% |
| Renting households | 205 (±48) | 4,904 (±248) | 534,552 (±3,633) | 45,017,354 |
| Owning households | 387 (±131) | 13,093 (±305) | 1,027,837 (±4,261) | 84,210,142 |
| Average renter household size | 2.9 (±0.4) | 2.5 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.4) | 2.7 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $21,635 (±$14,374) | $32,816 (±$1,691) | $42,664 (±$446) | $52,966 |
| Median owner household income | $66,563 (±$24,693) | $60,356 (±$2,191) | $81,932 (±$637) | $100,009 |
In Panama, the renter share is not measurably different from Le Flore County (27.2%).
It is not measurably different from Oklahoma (34.2%).
It is not measurably different from the national figure (34.8%).
In Le Flore County, Panama ranks 7 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 184 of 609.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Panama has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 41.5% (±5.5 points) | 34.6% (±9.4 points) | −6.9 percentage points | Not a measurable change |
| Median gross rent | $729 (±$58) | $776 (±$38) | +6.4% | Down after inflation |
| Median household income | $31,346 (±$5,463) | $47,136 (±$14,509) | +50.4% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Panama
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Panama | — | 34.6% (±9.4 points) | — |
| Shady Point | 3.0 mi | 31.0% (±8.7 points) | Not measurably different |
| Spiro | 5.4 mi | 39.3% (±6.1 points) | Not measurably different |
| Bokoshe | 7.0 mi | 28.3% (±10.0 points) | Not measurably different |
| Cameron | 7.7 mi | 32.2% (±11.6 points) | Not measurably different |
| Poteau | 7.9 mi | 37.7% (±5.2 points) | Not measurably different |
| Fort Coffee | 10 mi | 25.0% (±10.9 points) | Not measurably different |
| Rock Island | 11 mi | 26.7% (±7.8 points) | Not measurably different |
| Pocola | 13 mi | 29.9% (±5.1 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Le Flore County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Le Flore | 40.0% (±13.5 points) |
| 2 | Heavener | 39.9% (±6.7 points) |
| 3 | Talihina | 39.8% (±13.4 points) |
| 4 | Spiro | 39.3% (±6.1 points) |
| 5 | Poteau | 37.7% (±5.2 points) |
| 6 | Arkoma | 37.6% (±5.4 points) |
| 7 | Panama | 34.6% (±9.4 points) |
| 8 | Howe | 32.3% (±8.5 points) |
| 9 | Cameron | 32.2% (±11.6 points) |
| 10 | Wister | 31.5% (±6.1 points) |
| 11 | Shady Point | 31.0% (±8.7 points) |
| 12 | Pocola | 29.9% (±5.1 points) |
| 13 | Bokoshe | 28.3% (±10.0 points) |
Showing 13 of 16 places in Le Flore County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Panama
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Panama, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Panama beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Panama, and send estimates and invoices from your phone.
Questions about Panama
How many renters are there in Panama?
Panama has an estimated 205 (±48) renting households, 34.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Panama?
In Panama, the share of households that rent went from 41.5% in 2015–2019 to 34.6% in 2020–2024 (−6.9 percentage points), not a measurable change.
How big are renting households in Panama?
A renting household in Panama has 2.9 people on average, against 2.1 in an owned home.
How much do renters earn in Panama?
The median renting household in Panama, OK has an income of $21,635 (±$14,374) a year, against $66,563 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Panama town, Oklahoma
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Panama town, Oklahoma
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Panama town, Oklahoma
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Panama town, Oklahoma
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Panama town, Oklahoma
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
- Housing in Panama at a glance
- Median rent in Panama
- Rent burden in Panama
- Income and affordability in Panama
- Home values in Panama
- Homeowner costs in Panama
- Types of homes in Panama
- Bedrooms in Panama
- Age of homes in Panama
- Heating fuel in Panama
- Commute and cars in Panama
- Crime reported to police in Panama
- Population growth in Panama
- How long people stay in Panama
- Oklahoma landlord and tenant rules
- Housing across Le Flore County
- Oklahoma places ranked by share of renters
- Housing data for every place in Oklahoma