| ZIP Code | 74951 |
|---|---|
| City | Panama |
| State | Oklahoma (OK) |
| County | Le Flore County |
| Area Code | 918 |
| Elevation | 477 ft |
| Latitude | 35.171573 |
|---|---|
| Longitude | -94.663636 |
| Timezone | Chicago (DST) |
| FIPS | 40079 |
| ZIP Type | PO Box |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 30.6 yrs ↓ 16% since 2019 |
|---|---|
| Avg Household Size | 2.48 |
| Below Poverty | 27.7% ▲ 177% above avg |
| College Grads | 14.3% ▼ 63% below avg |
| Unemployment | 4.6% ≈ Avg |
| No HS Diploma | 4 (0.5%) |
| HS Graduate | 511 (60.4%) |
| Some College | 96 (11.3%) |
| Associates | 114 (13.5%) |
| Bachelors | 56 (6.6%) |
| Graduate Degree | 65 (7.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $50,813 ▼ 33% below avg ↑ 59% since 2019 |
|---|---|
| Median Home Value | $124,800 ▼ 55% below avg ↑ 92% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $816/mo ↑ 12% since 2019 |
| Total Units | 745 |
| Vacant Units | 116 |
| Avg HH Size | 2.48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 745 |
|---|---|
| Vacant | 116 |
| Owner Occupied | 62.8% |
| Renter Occupied | 37.2% |
| Avg HH Size | 2.48 |
ZIP code 74951 is located in Panama, Oklahoma, within Le Flore County. With a population of 1,559, this is a sparsely populated ZIP code with a relatively young community — the median age is 30.6 years. Economically, 74951 is a working-class ZIP code: the median household income of $50,813 is below the national average.
Real estate in ZIP code 74951 represents one of the more affordable housing markets in the country. The median home value of $124,800 is well below the national average. Renters can expect to pay around $816 per month in median rent. Homeownership is strong here — 62.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 92% since 2019.
The population of 74951 is majority White (64.98%). Residents are less-educated — 14.3% hold a bachelor's degree or higher, which is well below the national average. Poverty affects a significant share of residents at 27.7%. Household income has grown by 59% since 2019.
The unemployment rate in 74951 stands at 4.6%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.
Overall, ZIP code 74951 in Panama, OK is characterized as working-class, less-educated, a relatively young community, and predominantly owner-occupied. With 1,559 residents, a median household income of $50,813, and a median home value of $124,800, it offers a clear picture of life in this part of Oklahoma.