Panama, OK · standard

ZIP Code 74951

Le Flore County, Oklahoma - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

1,504
93/sq mi
$49,375
Median income
$124,800
Median home value
6.8%
Bachelor's or higher

The verdict

Panama pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.

13th pct
household income, US ZIPs
18th pct
home value, US ZIPs
93
people per sq mi
62%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 74951 against every reporting US ZIP.

ZIP code 74951 covers 16.3 square miles in Panama, Le Flore County, Oklahoma (a standard USPS delivery area), with a modest 1,504 residents on file, a density of 93 people per square mile, in the Chicago time zone.

ZIP 74951 reports a modest median household income of $49,375 (21% below the Oklahoma average), while per-capita income is $21,536. The poverty rate stands at 27.2% and the unemployment rate at 5.7%. On housing, the median home value is $124,800 (20% below the state average) with median rent at $785 per month, and 61.8% of occupied units are owner-occupied.

Formal educational attainment runs low here: just 6.8% of adults hold a bachelor's degree or higher, the median age is 31, and the average commute is 26 minutes. Beyond these figures, 5 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Le Flore County, letting you compare 74951 to its immediate surroundings rather than a national baseline alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 74951, Panama, OK · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

1,504

Population

16.3

Area (sq mi)

93

People / sq mi

Chicago

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 74951?

31.0

Median Age

54.3%

Male

45.7%

Female

1.4%

Foreign-Born

White 67.5%
African American 0.1%
Asian 0.5%
American Indian or Alaska Native 12.7%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 19.2%
Hispanic or Latino 5.7%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$49,375

Median Household Income

-21% vs state

$21,536

Per Capita Income

27.2%

Poverty Rate

5.7%

Unemployment Rate

25.7 min

Mean Commute Time

How ZIP 74951 ranks nationally

Panama, OK household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$49,375 13th percentile higher than 13% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 66.7%
Bachelor's Degree or Higher 6.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

758

Total Housing Units

626

Occupied Units

132

Vacant Units

2.41

Avg Household Size

Occupancy Type

Owner 61.8%
Renter 38.2%

$124,800

Median Home Value

-20% vs state

$785

Median Rent

1981

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What businesses operate in this ZIP?

Census Bureau data shows 10 business establishments in ZIP 74951, employing approximately 90 people with a combined annual payroll of $7,585,000.

10

Businesses

90

Employees

$7.6M

Annual Payroll

1

Industry Sectors

Industry Establishments % of Total
Retail trade 4 40.0%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 74951 vs 74959 →

ZIP 74951 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 74951 ranks #6 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 74951 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 74951 ranks #6 of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
74959 Spiro, OK 6,736 6.7 mi
74930 Bokoshe, OK 2,155 7.1 mi
74932 Cameron, OK 2,286 7.2 mi
74956 Shady Point, OK 1,905 7.4 mi
74953 Poteau, OK 11,632 9.1 mi

More ZIP Codes in Le Flore County

Frequently Asked Questions

What county is ZIP code 74951 in?
ZIP code 74951 (Panama) is located in Le Flore County, Oklahoma. Le Flore County contains multiple ZIP codes, see the full list at /counties/le-flore-ok.
What is the population of ZIP code 74951?
ZIP code 74951 in Panama, OK has a population of 1,504 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 74951?
The median household income in ZIP 74951 is $49,375, which is 35% below the national average of $76,288.
What is the average home value in ZIP 74951?
The median home value in ZIP 74951 is $124,800, which is 55% below the national average of $278,155.
What is the demographic makeup of ZIP 74951?
The largest racial group in ZIP 74951 is White at 67.5%. Hispanic or Latino residents make up 5.7% of the population.
How many businesses are in ZIP code 74951?
ZIP code 74951 has 10 business establishments employing approximately 90 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What is the education level in ZIP code 74951?
In ZIP code 74951, 66.7% of residents aged 25+ have a high school diploma or higher, and 6.8% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 74951?
The mean commute time for workers in ZIP code 74951 is 25.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 74951?
In ZIP code 74951, approximately 61.8% of occupied housing units are owner-occupied and 38.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 74951?
The poverty rate in ZIP code 74951 is 27.2% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.