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Panola, IL
Full City Profile · Illinois · Woodford County County
3.6
/5.0
B+
Good
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
275 sunny days/yr
319
Violent Crime/100K
1,593 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
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
F
Safety
1.0 / 5.0
319 violent crimes/100K
B+
Education
3.9 / 5.0
36.0% bachelor's degree or higher
Income Overview
Median Household Income
$78,750
5% above
US avg: $75,149
Per Capita Income
$41,216
6% above
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Panola vs. U.S. Average
Each bar shows Panola’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$78,750
105%
Per Capita
US: $39,052
$41,216
106%
IRS Avg AGI
US: $72,000
$97,599
136%
Avg Weekly Wage
US: $1,432
$1,058
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,058
26% below US avg ($1,432)
Mean Commute Time
31 min
12% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
100.0%
37% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,783M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
100%
Public Transit
0%
Work From Home
0%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
803
Restaurants
56
Healthcare
42
Retail
100
Manufacturing
46
Tax & Financial
IRS Avg Adjusted Gross Income
$97,599
36% above US avg ($72,000)
Avg Property Tax
$6,738
93% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $78,750 |
| Per Capita Income | $41,216 |
| IRS Avg Adjusted Gross Income | $97,599 |
| Avg Weekly Wage | $1,058 |
| County GDP | $1,783M |
Hardship Indicators
| Unemployment Rate | 0.0% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.427 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 100.0% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 803 |
| Restaurants | 56 |
| Healthcare | 42 |
| Retail | 100 |
| Manufacturing | 46 |
Tax
| IRS Avg AGI | $97,599 |
| Avg Property Tax | $6,738 |