Overview
1,327
Total Population
33.1
Median age
47.17%
Female population %
112:100
Gender ratio (M:F)
65-69 years
Largest age group
83.8
Total dependency ratio
White
Largest racial group
69
Hispanic population
Sources: U.S. Census Bureau, American Community Survey (ACS) 2021
TABLE OF CONTENTS
Age
Panama's population is young compared to the rest of the country:
- The median age in Panama is 33.1, compared to 38.8 nationwide, according to the American Community Survey 2017 - 2021 5 Year estimates.
- Panama's population under 18 was 29.69%, compared to the 22.51% nationwide.
- Panama's elderly or the senior population (over 65 age) was 20.35% as compared to 16.04% nationwide.
- Of the total population in Panama, 25.24% were under the age of 15, 21.48% aged 15 to 29, 32.93% aged 30 to 64, 20.05% aged 65 to 84, and 0.30% were 85 years of age and older.
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Gender
There are 75 less females than males in Panama:
- The female percentage in the USA is 50.50% while the male percentage is 49.50%, compared to 47.17% females and 52.83% males in Panama, OK.
- The Panama, OK gender ratio is 112:100 i.e. 112 men to 100 women (1.120).
- For male population, the largest age group is 65-69 years with a population of 122.
- For the female population, the largest age group is 0-4 years with a population of 64.
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Race / Ethnicity
Panama's population has become increasingly diverse:
- Racial distribution of Panama population: 68.12% are White, 0.53% are Black or African American, 9.80% are American Indian and Alaska Native, 1.66% are Asian, 0.45% are some other race and 19.44% are multiracial.
- Panama's racial breakdown clearly shows that there is an absolute majority of White population in the town.
- By ethnicity, 69 is Hispanic or Latino (of any race), and 1,258 (94.80% of the total population) is Non-Hispanic.
- The largest racial group in Panama is White with a population of 904 (68.12% of the total population).
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Year by year
Panama's population has already reached its peak and is showing a trend of decline:
- The peak population was 1,584 in the year 2009
- From 2000 to 2010, Panama's population decreased by 114 (7.46%), as compared to the national growth of 9.63%.
- From 2010 to 2020, Panama's population decreased by 143 (10.11%), according to Census Bureau's Population Estimates Program. For the same period, the rate of growth for the United States was 7.17%.
- Between the year 2000 and 2022, Panama's population was lowest in year 2020 at 1,271.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- U.S. Census Bureau Population Estimates Population Estimates Program (PEP)