Ancón is a corregimiento in Panamá District, Panamá Province, Panama with a population of 29,761 as of 2010. Its population as of 1990 was 11,518; its population as of 2000 was 11,169. It is sometimes considered a suburb or small town within Panama City, northeast of the limits of the town of Balboa. Ancon Hill is also the name of a large hill that overlooks Panama City and once served as a form of protection from pirates and sea invasion