Panola, OK
Population 118 · Oklahoma
About Panola, OK
Panola is a small community in Oklahoma with a population of 118 residents. The median household income is $38,980 per year, which is below the national average. The median age in Panola is 64.3 years.
Housing in Panola has a median home value of $45,700 and median monthly rent of $0. Of the 74 total housing units, the majority are owner-occupied, with 65 owner-occupied and 0 renter-occupied units.
The unemployment rate in Panola is 0.0% and the poverty rate is 1.7%. 53.6% of residents hold a bachelor's degree or higher. The average commute time is 0 minutes.
How Panola Ranks in Oklahoma
Cost of Living in Panola, OK
Compared to national averages, Panola has a median household income of $38,980 (48% below the national median of $75,149). Home values average $45,700, which is 81% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Oklahoma, Panola's income is 31% below the state average of $56,382, and home values are 62% below the state median of $119,992.
Why Live in Panola, OK?
Panola offers affordable housing with a median home value of $45,700, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 53.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.7%, better than the national average, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($38,980) that falls below the national average. However, Panola’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Panola has a population of 118 with a median age of 64.3 years. Compare Panola with other cities to see how it stacks up, or explore all cities in Oklahoma.
Similar Cities Near Panola
Cities in Oklahoma with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bull Hollow | 119 | $0 | $0 | Compare |
| Cornish | 119 | $40,313 | $112,500 | Compare |
| Wainwright | 119 | $0 | $76,700 | Compare |
| Phillips | 116 | $70,000 | $93,000 | Compare |
| Boynton | 121 | $31,250 | $29,700 | Compare |
| Lawrence Creek | 115 | $0 | $175,000 | Compare |
| Martha | 121 | $83,333 | $107,800 | Compare |
| Bridgeport | 122 | $51,406 | $50,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oklahoma
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Panola
What is the population of Panola, OK?
The population of Panola, OK is 118 according to the latest Census data.
What is the median household income in Panola?
The median household income in Panola, OK is $38,980 per year.
What is the median home value in Panola?
The median home value in Panola, OK is $45,700.
What is the average rent in Panola?
The median monthly rent in Panola, OK is $0.
What is the unemployment rate in Panola?
The unemployment rate in Panola, OK is 0.0%.