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Panola County

Learn about the people, housing, costs and businesses in Panola County County

Median Home$150,310
Median Rent$863/month
Population22,726
Leading IndustriesManufacturing · Information & Media · Finance & Insurance9% manufacturing
Home Value Growth⬆⬆+19.3% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
Panola County
TX

Frequently Asked Questions

What are today's mortgage rates in Panola County?

As of today, the 30-year fixed mortgage rate for Panola County is approximately 7.112% (7.140% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Panola County
What is the median home price in Panola County?

The median home value in Panola County is $150k. The median monthly rent is $863. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Panola County?

Home values in Panola County have increased 19.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Panola County?

Based on a typical all-in ownership cost of $712/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Panola County is $64k/year.

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What industries drive the economy in Panola County?

The largest employment sectors in Panola County are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas