Living in Panola, Oklahoma
Cost of living, income, home prices, rent and demographics of Panola · Census data 2020–2024
Panola has 101 residents with a median age of 58.5. The median household income is $41,856 (36% lower than the Oklahoma median), the median home value is $46,500.
Panola is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Panola at a glance
- Population
- 101
- Median age
- 58.5State: 37
- Median household income
- $41,856State: $65,039
- Median home value
- $46,500State: $199,800
- Homeowners
- 100%
- Bachelor's degree or higher
- 54.8%
Is Panola a good place to live?
Pros: Home values 77% lower than the state median; a poverty rate of 1%.
Cons: Median household income 36% lower than the Oklahoma median.
The weather is best in April–May and September–October.
Cost of living in Panola
Housing is the biggest part of the cost of living. In Panola the median home value is $46,500, 86% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay — a month in housing costs.
Panola median household income
The median household income in Panola is $41,856 and the income per person is $24,470. 1% of residents live below the poverty line (Oklahoma: 15.3%).
Housing in Panola: homes for sale and rent
- Housing units
- 60
- Owner-occupied
- 100%
- Renter-occupied
- 0%
- Vacant
- 15%Includes seasonal homes
- Median year built
- 2002
- Average household size
- 1.98
Panola demographics
- Population
- 101
- Median age
- 58.5
- Under 18
- 22.8%
- 65 and older
- 33.7%
- Households
- 51
- Foreign-born
- 0%
- Veterans
- 3.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Panola ›
Education in Panola
54.8% of adults 25 and older in Panola have a bachelor's degree or higher (Oklahoma: 28.3%), and 0% have a graduate or professional degree.
Jobs and commute in Panola
- Unemployment rate
- 0%State: 5%
- Average commute
- —State: 22 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88.2%
Panola vs nearby towns
More for people moving to Panola
Panola ZIP code ›Weather and climate ›Living in Panola: FAQ
What is the median household income in Panola, OK?
The median household income in Panola is $41,856, 36% lower than the Oklahoma median of $65,039 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Panola?
The median home value in Panola is $46,500, compared with $199,800 in Oklahoma.
Is Panola, OK a good place to live?
Pluses: home values 77% lower than the state median; a poverty rate of 1%. Minuses: median household income 36% lower than the Oklahoma median.
What is the median age in Panola?
The median age in Panola is 58.5 years (Oklahoma: 37).
What is the unemployment rate in Panola?
The unemployment rate in Panola is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Panola?
54.8% of adults in Panola have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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