Corregimiento · Panamá
Baco
Corregimiento in Barú, Panamá. Official statistics compared with Barú and the whole country, and REAL NOW market prices.
Population
8,008
Censo 2023 #103 of 699
For sale or rent
0.6%
of private dwellings #351 of 699
Renters
3.7%
of occupied dwellings #321 of 699
Unoccupied dwellings
16.7%
of private dwellings #659 of 699
Median sale price per m²
PRO
apartments and houses
Official statistics
Population and housing, Censo 2023
Each figure next to the parent region and the country, so you can tell whether it stands out.
Population and households
| BacoCorregimiento | BarúDistrict | PanamáCountry | |
|---|---|---|---|
| Population | 8,008 | 56,307 | 4,064,780 |
| Households | 2,364 | 17,149 | 1,224,279 |
| Persons per household | 3.39 | 3.28 | 3.32 |
| Aged 0 to 14 | 27.0% | 26.1% | 25.4% |
| Aged 65 and over | 9.5% | 11.5% | 9.8% |
Source: INEC Panamá, Censo 2023
Housing stock
| BacoCorregimiento | BarúDistrict | PanamáCountry | |
|---|---|---|---|
| Private dwellings | 2,807 | 20,623 | 1,589,018 |
| For sale or rentempty and offered, share of private dwellings | 0.6% | 1.8% | 3.6% |
| Unoccupiedno residents present, any reason | 16.7% | 17.8% | 23.1% |
| Seasonal or holiday homes | 5.8% | 5.8% | 8.6% |
| Apartmentsshare of private dwellings | 0.4% | 2.4% | 13.7% |
Source: INEC Panamá, Censo 2023
Tenure of occupied dwellings
| BacoCorregimiento | BarúDistrict | PanamáCountry | |
|---|---|---|---|
| Owned outright | 89.6% | 84.0% | 63.5% |
| Owned with a mortgage | 0.2% | 1.3% | 18.1% |
| Rented | 3.7% | 6.6% | 13.1% |
Source: INEC Panamá, Censo 2023
Basic services
| BacoCorregimiento | BarúDistrict | PanamáCountry | |
|---|---|---|---|
| Connected to sewer | 2.8% | 20.2% | 41.0% |
| Public water supply | 76.0% | 71.8% | 69.8% |
| No electricity | 3.9% | 2.8% | 4.8% |
| Earth floor | 6.8% | 6.9% | 5.4% |
| No toilet | 5.1% | 2.8% | 3.7% |
Source: INEC Panamá, Censo 2023
Bank credit
Bank credit in Chiriquí
Published by province only; shown here for the province this region belongs to. Stock of bank loans at 2026-07 and the change in a year.
| Chiriquí | Change | Panamá | |
|---|---|---|---|
| Mortgage | US$1.13 B | -1.3% | US$21.59 B |
| Construction | US$135.6 M | -4.9% | US$4.19 B |
| Consumer | US$1.23 B | -5.7% | US$15.42 B |
| All sectors | US$3.58 B | -2.8% | US$65.73 B |
Chiriquí holds 5.2% of the country’s mortgage credit.
Source: Superintendencia de Bancos de Panamá
Mortgage and construction credit, monthly
Source: Superintendencia de Bancos de Panamá
Market
Prices, rent and yield
Medians over the aggregated public offer seen in the last 30 days. List prices, not closed sales.
Methodology
Sources and methodology
Official statistics
- Population, households and dwellings: INEC Panamá, Censo 2023, by corregimiento. District and province figures are the published totals where INEC publishes them and the sum of corregimientos otherwise.
- For sale or rent = private dwellings the census found empty and offered for sale or rent, divided by all private dwellings. Unoccupied = every private dwelling with no residents present (for sale or rent, seasonal, under repair, vacant, abandoned or other), divided by all private dwellings.
- Renters, owners with a mortgage and the basic-services columns are shares of occupied dwellings.
- Bank credit: Superintendencia de Bancos de Panamá, stock of loans by province in 2026-07, compared with 2025-07.
REAL NOW market metrics
- Sale: median asking price per m² of apartments and houses for sale seen in the last 30 days in the aggregated public offer, with the same outlier bounds as Analytics. List prices, not closed sales.
- Confidence: solid = 30 or more listings, preliminary = 15 to 29; below 15 nothing is published.
- Rent and gross yield: REAL NOW rent benchmarks, median monthly rent of homes; gross yield = rent × 12 ÷ sale price of the same cell, published only between 3 and 12 percent. Available by province or department and by municipality or canton.
Sources: INEC Panamá, Censo 2023 · Superintendencia de Bancos de Panamá · REAL NOW aggregated public offer.