Market Snapshot
Report generated March 2026
| Indicator | Value |
|---|---|
| Population | 22,624 ↑ 0.6% since 2020 |
| Median Household Income | $62,593 16% below national median |
| Median Home Value | $146,000 |
| Unemployment Rate | 2.6% |
| Median Age | 40.5 years |
| Housing Vacancy Rate | 21.6% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 22,624 |
| Population (2020) | 22,491 |
| Population Growth | 0.59% |
| Median Household Income | $62,593 |
| Median Home Value | $146,000 |
| Total Housing Units | 10,818 |
| Vacant Housing Units | 2,332 |
| Housing Vacancy Rate | 21.6% |
| Median Age | 40.5 |
| Bachelor's Degree or Higher | 1,932 (8.5%) |
| Unemployment Rate | 2.6% |
Market Overview
Panola County, Texas has a population of 22,624, which has grown 0.59% since 2020. The median household income is $62,593, below the national median of $74,580 by 16.1%. The housing vacancy rate of 21.6% suggests soft market conditions. Panola County remains a key area for land acquisition in Texas.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Panola County, Texas?
As of the 2023 American Community Survey, Panola County has a population of 22,624. The county has grown 0.59% since the 2020 Census, indicating a growing community.
What is the median household income in Panola County?
The median household income in Panola County is $62,593, which is 16.1% below the national median of $74,580.
Is Panola County growing or shrinking?
Panola County is growing. The population has increased 0.59% since 2020.
What is the housing market like in Panola County?
The median home value in Panola County is $146,000. The housing vacancy rate is 21.6%, which suggests soft market conditions. The unemployment rate is 2.6%, reflecting the local economic conditions.
Does Reelvest buy land in Panola County, Texas?
Yes! Reelvest Properties buys vacant land throughout Texas, including Panola County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.