Panola, IL

Full City Profile · Illinois · Woodford County County

4.5 /5.0
A+ Excellent
32 Population 74/sq mi density
$78,750 Median Income $41,216 per capita
$123,200 Home Value $180,977 Zillow
51°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.6 / 5.0
$78,750 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$123,200 home value, /mo rent
B+
Education
3.9 / 5.0
36.0% bachelor's degree or higher

Panola, IL

At a Glance

Median Income
$78,750
5% above
$41,216 per capita
Home Value
$123,200
56% below
Zillow: $180,977
Bachelor's Degree+
36.0%
7% above
100.0% high school+
Unemployment
0.0%
100% below
0.0% poverty rate
Obesity Rate
40.1%
25% above
15.9% smoking rate
Avg Temperature
51°F

How Panola Compares to the U.S. Average

Each bar shows Panola's value as a percentage of the national average (100% = U.S. avg)

Income
105%
Home Value
44%
Poverty
0%
Bachelor's
107%
Unemployment
0%
Thin vertical line = U.S. national average (100%)

Is Panola a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Panola residents earn a median household income of $78,750 , which is 5% above the national average of $75,149. Per capita income is $41,216. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 803 business establishments, including 56 restaurants.

Housing & Cost of Living

The median home value in Panola is $123,200 , 56% below the national median of $281,900. Zillow estimates the typical home at $180,977. The cost of living index is 100.0 (100 = national average). The median home was built in 2000.

Education

36.0% of adults in Panola hold a bachelor's degree or higher (7% above the national average). 100.0% have completed high school. Local schools score 6.6/10 in standardized testing.

Climate & Weather

Panola has an average annual temperature of 51°F (11°C). Winters average 24°F in January while summers reach 75°F in July. Annual precipitation totals 37.6 inches.

Data Overview

People

Population32
Median Age53.5 yrs
Density74/mi²
Male / Female63% / 38%
Foreign Born0.0%
Veterans3.6%

Economy

A+
Median Income$78,750
Per Capita$41,216
Unemployment0.0%
Poverty0.0%
County GDP$1,783M
Avg Weekly Wage$1,058

Housing

A+
Home Value$123,200
Rent
Ownership100.0%
Zillow$180,977
Housing Units18
Rent Burden28.1%

Health

Obesity40.1%
Diabetes9.9%
Smoking15.9%
Heart Disease5.6%
Premature Death5,803/100K

Climate

Avg Temp51°F
Rain37.6 in/yr
Elevation732 ft

Education

B+
Bachelor's+36.0%
High School+100.0%
Graduate+13.0%
School Score6.6/10

Community

2024 VoteR 70% / D 28%
Commute31 min
Broadband52.9%
Internet Speed75 Mbps
EV Stations1
Libraries9

Did You Know?

The median home in Panola was built in 2000.
The nearest airport is Central Il Regional/Bloomington-Normal (22 miles).
The Gini coefficient (income inequality) is 0.427 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
3.1% of the population has a disability.
The county recorded 6 fatal vehicle crashes.