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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

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
100%
0%
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-Occupied100.0%
Renter-Occupied0.0%
Homeownership Rate100.0%
Total Housing Units18
Median Year Built2000
Rent Burden28.1%