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
Housing Overview
Median Home Value
$123,200
56% below
US avg: $281,900
Homeownership Rate
100.0%
53% above US avg (65.4%)
Total Housing Units
18
Median year built: 2000
Home Value by Source
Census Median
$123,200
Zillow (ZHVI)
$180,977
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
100.0%
Owner-Occupied
0.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Affordability & Housing Stock
Rent Burden
28.1%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
100.0%
Complete Housing Data
Home Values
| Census Median Value | $123,200 |
| Zillow Home Value (ZHVI) | $180,977 |
Rent
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Homeownership Rate | 100.0% |
| Total Housing Units | 18 |
| Median Year Built | 2000 |
| Rent Burden | 28.1% |