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Panola, Oklahoma Demographics & Population 2026

During the 2020–2024 ACS period, Panola, Oklahoma had a total population of 101, the 671st largest community in Oklahoma, with a median household income of $41,856, which is 36% lower than the state average. The poverty rate is 1.0%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Panola Quick Facts

Population 101
Median Household Income $41,856
Median Home Value $46,500
Poverty Rate 1.0%
Unemployment Rate 0.0%
Median Age 58.5 years
Homeownership Rate 100.0%
Affordability Ratio 1.1x
Bachelor's Degree or Higher 54.8%
High School Graduation Rate 98.4%
Diversity Index 16/100
Population 101 671st of 834
Median Income $41,856 bottom 30%
Poverty Rate 1.0% 92% lower than national
Median Home Value $46,500 bottom 10%

How Panola Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population118101-14.4%
Median household income$38,980$41,856+7.4%
Median home value$45,700$46,500+1.8%

How Panola Compares

Economy & Housing

Household Income Distribution

Under $25K 2.0%
$25K-$50K 64.7%
$50K-$100K 21.6%
$100K+ 11.8%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
2.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
64.7%
$45K-$50K
0.0%
$50K-$60K
7.8%
$60K-$75K
5.9%
$75K-$100K
7.8%
$100K-$125K
0.0%
$125K-$150K
0.0%
$150K-$200K
11.8%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 5.0%|National: 5.2%
11.5% Labor Force Participation

Housing Overview

Owner 100.0%
Renter 0.0%
Affordability Index Very Affordable
1.1x home value to income ratio

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 58 | National average: 61

Education

Panola Rankings in Oklahoma

#671 Population of 834
#551 Median Income of 716
#20 Education of 833
#696 Home Value of 723

Other Cities in Latimer County

CityPopulationMedian IncomePovertyHome Value
Wilburton 2,602 $38,971 27.1% $93,600
Red Oak 539 $35,463 29.1% $71,300
Gowen 171 N/A 30.4% N/A

Cities Similar to Panola

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Brush Creek101N/AN/A100.0%0.0%
Armstrong101$41,875$75,00013.4%16.8%
Elm Grove100N/AN/A0.0%16.0%
Adams103N/AN/A3.9%4.9%
Paradise Hill103N/A$437,90061.5%0.0%

A note before these figures: with a population of 101, Panola's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Panola is a small community located in Oklahoma, within Latimer County. The total population is 101. It ranks as the 671st most populous out of 834 Census-designated places in Oklahoma.

Age Demographics

The median age in Panola is 58.5 years. This is 58% higher than the state median of 37.0 years.

Economy, Income & Housing

The median household income in Panola is $41,856. This is 36% lower than the state median of $65,039. It is also 48% lower than the national median of $80,734. The poverty rate stands at 1.0%. This is 94% lower than the state poverty rate of 15.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Panola, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $46,500. Housing costs are 77% lower than the state median of $199,800. With a home-value-to-income ratio of just 1.1x, Panola is one of the most affordable housing markets in the area. 100.0% of occupied housing units are owner-occupied. This homeownership rate is 52% higher than the state average of 65.8%.

Race & Ethnicity

Panola has a predominantly White (non-Hispanic) population, comprising 91.1% of all residents. Black or African American residents account for 8.9%.

Education

54.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Panola in the top 10% of all cities in the state for educational attainment. This is 93% higher than the state rate of 28.3%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 98.4%.

Data Sources & Methodology

All demographic data for Panola, Oklahoma is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Oklahoma state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 834 Census-designated places in Oklahoma. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Panola, Oklahoma?

Panola, Oklahoma has a population of 101 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Panola, OK?

The median household income in Panola is $41,856, which is 48% lower than the national median of $80,734.

What is the poverty rate in Panola, OK?

The poverty rate in Panola is 1.0%. This means approximately 1 residents live below the federal poverty line.

What is the racial makeup of Panola, Oklahoma?

Panola's population is 91.1% White, 8.9% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Panola, OK?

The median home value in Panola is $46,500. The home-value-to-income ratio is 1.1x.

How educated is Panola, Oklahoma?

54.8% of adults (25+) in Panola hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.