Panama, OK

View of Panama, OK
Image credit: unknown NOAA employee / Public domain
Population
1,314
U.S. Census Population Estimates Program · 2025
Elevation
453 ft
Median Home Value
$124,800
U.S. Census American Community Survey 5-Year · 2024
Median Rent
$776/mo
U.S. Census American Community Survey 5-Year · 2024
Median Income
$47,136
U.S. Census American Community Survey 5-Year · 2024
General Quality
Overall rating out of 100

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About Panama

Panama is a quiet, small community in Le Flore County, tucked along Highway 59 about nine miles north of Poteau. Life here moves at a relaxed, rural pace, with tree-lined residential streets, local schools, and scenic views of the surrounding green hills. While the town has deep roots dating back to its early Choctaw Nation days before Oklahoma statehood, modern residents appreciate it as a peaceful, affordable home base in the eastern part of the state.

Living in Panama gives you the simplicity of small-town life alongside easy access to regional hubs. Most daily errands, healthcare, and larger shopping options are a quick ten-minute drive south in Poteau, while the broader job market and city amenities of Fort Smith, Arkansas, are only about half an hour away. For anyone looking for wide-open spaces, a close-knit atmosphere, and easy highway commutes across the Arkansas River Valley, Panama offers a comfortable spot to settle down.

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