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Panola County, Texas Demographics 2026

Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology

Panola County, Texas has a population of 22,726, the 105th most populous county in Texas. The median household income is $64,894 and the median home value is $158,100. The poverty rate is 11.2%.

Panola County Quick Facts

Population 22,726
Median Household Income $64,89490% MOE ±$8,447
Median Home Value $158,10090% MOE ±$9,870
Poverty Rate 11.2%90% MOE ±2.6 pts
Unemployment Rate 2.5%90% MOE ±1.4 pts
Median Age 40.9 years90% MOE ±0.8 years
Homeownership Rate 79.9%90% MOE ±2.4 pts
Affordability Ratio 2.4x
Bachelor's Degree+ 17.0%90% MOE ±2.6 pts
Adults 25+ with high school education or higher 86.6%
Cities/Places 3
Population 22,726 105th of 254
Median Income $64,894 17% lower than state
Poverty Rate 11.2%
Unemployment 2.5%

How Panola County Changed

Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.

Metric2015–20192020–2024Change
Population23,32722,726-2.6%
Median household income$65,205$64,894No clear change (-0.5%)
Median home value¹$125,778$158,100+25.7%
Median gross rent$944$834-11.6%
¹ The Census Bureau changed its home-value inflation adjustment beginning with the 2022 ACS; interpret that comparison with additional caution.

Median Household Income

Panola
$64,894
TX
$78,476
National
$80,734

Median Home Value

Panola
$158,100
TX
$283,800
National
$332,700

Economy & Housing

Household Income Distribution

Under $25K 18.6%
$25K-$50K 23.0%
$50K-$100K 26.3%
$100K+ 32.2%
Detailed income brackets
Under $10K
5.5%
$10K-$15K
2.9%
$15K-$20K
4.3%
$20K-$25K
5.8%
$25K-$30K
6.5%
$30K-$35K
2.6%
$35K-$40K
5.7%
$40K-$45K
4.1%
$45K-$50K
4.1%
$50K-$60K
7.0%
$60K-$75K
6.7%
$75K-$100K
12.5%
$100K-$125K
6.8%
$125K-$150K
6.6%
$150K-$200K
10.7%
$200K+
8.0%

Employment

2.5% Unemployment Rate State: 5.3%|National: 5.2%
55.1% Labor Force Participation

Housing Overview

Owner 79.9%
Renter 20.1%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $834/mo 15.4% of median household income annually

People & Demographics

Age Distribution

Under 18
23.1%
18-34
19.1%
35-54
24.8%
55-74
25.3%
75+
7.8%

Race & Ethnicity

  • White: 71.1%
  • Black: 11.2%
  • Hispanic: 10.4%
  • Asian: 0.5%
  • Other: 0.5%

Diversity Index

47out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 67 | National average: 61

Education

Educational Attainment (Adults 25+)

  • < HS: 13.4%
  • HS Diploma: 31.7%
  • Some College: 27.7%
  • Associate's: 10.2%
  • Bachelor's: 11.1%
  • Graduate+: 5.9%

Cities & Places in Panola County

CityPopulationMedian IncomePovertyHome Value
Carthage6,601$51,25011.0%$164,200
Beckville690$48,1259.4%$115,400
Gary City407$66,25020.4%$168,800

Population Overview

Panola County is located in Texas with a total population of 22,726. It is the 105th most populous county out of 254 in Texas. The county encompasses 3 Census-designated places.

Age Demographics

The median age in Panola County is 40.9 years. This is 15% higher than the state median of 35.6 years.

Economy, Income & Housing

The median household income in Panola County is $64,894. This is 17% lower than the state median of $78,476. It is also 20% lower than the national median of $80,734. The poverty rate stands at 11.2%. This is 19% lower than the state poverty rate of 13.8%. The unemployment rate is 2.5%. This is 53% lower than the state rate of 5.3%. The median home value is $158,100. Housing costs are 44% lower than the state median of $283,800. With a home-value-to-income ratio of just 2.4x, Panola County is one of the most affordable housing markets in the area. 79.9% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Panola County is White (non-Hispanic), making up 71.1% of the population. Black or African American residents account for 11.2%. The White (non-Hispanic) population is significantly higher than the state average (71.1% vs 39.1%). The Hispanic or Latino population (10.4%) is well below the state average of 39.7%. The Asian population (0.5%) is well below the state average of 5.5%.

Education

17.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.6%.

Data Sources & Methodology

All figures for Panola County come from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates, with comparisons drawn against Texas and national averages from the same dataset. See our methodology page for how each metric is defined, or data.census.gov for official tables with margins of error.

Frequently Asked Questions

What is the population of Panola County, Texas?

Panola County has a population of 22,726, making it the 105th most populous county in Texas.

What is the median income in Panola County?

The median household income in Panola County is $64,894 with a poverty rate of 11.2%.

How many cities are in Panola County, Texas?

Panola County contains 3 Census-designated places.