Panama, OK Employment - Median Household Income, Unemployment Rate

D

41%

Income/capita NAT. AVG.

29%

Household income NAT. AVG.

65%

Unemployment NAT. AVG.

Index	Panama	Oklahoma	National
Income per capita	$17,722	$25,628	$29,829
Median household income	$39,423	$48,038	$55,322
Median income owner occupied	$52,143	$60,309	$70,586
Median income renter occupied	$27,283	$30,832	$35,192
Median earnings male	$35,208	$35,033	$36,919
Median earnings female	$25,147	$23,287	$26,250
Unemployment rate	1.6%	3.6%	4.7%
Poverty level	25.4%	16.5%	15.1%

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Key findings

The income per capita in Panama is 41% lower than the national average
The median household income in Panama is 29% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Panama is 65% lower than the national average
The poverty level in Panama is 68% higher than the national average

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am i middle class

$26,279 $39,423 $78,846

City

$32,022 $48,038 $96,076

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Panama median earnings by income bracket

Panama employment by industry

Labour Type	Male	Female
Construction industry	4.2%	4.2%
Manufacturing sector	18.8%	18.8%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	43.6%	43.6%
Public administration	1.8%	1.8%
Transportation, warehousing & utilities	6.4%	6.4%
Education, health & social services	7.3%	7.3%
Other	17.9%	17.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bonanza, AR	509	$48,173	12.9%
Pocola, OK	4,094	$48,000	13.2%
Gans, OK	348	$45,956	16.9%
Fanshawe, OK	444	$45,833	17.2%
Brent, OK	698	$43,571	21.2%
Panama, OK	1,401	$39,423	28.7%

Cities with similar population

City	Population	Household Income	National Avg.
Bull Valley, IL	1,401	$95,556	72.7%
Wheaton, MN	1,401	$43,883	20.7%
Greenfield, MO	1,401	$28,295	48.9%
Phoenix, IL	1,402	$30,455	44.9%
Rich Hill, MO	1,402	$38,393	30.6%
Panama, OK	1,401	$39,423	28.7%

Source: The Panama, OK employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).