Panola, IL Profile: Facts, Map & Data

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Panola, Illinois - Basic Facts

The Village of Panola had a population of 48 as of July 1, 2016. Panola ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Panola is located at latitude 40.7828 and longitude -89.0202 in Woodford County. The formal boundaries for the Village of Panola (see map below) encompass a land area of 0.43 sq. miles and a water area of 0 sq. miles. Woodford County is in the Central time zone (GMT -6). The elevation is 735 feet.

The Village of Panola (GNIS ID: 2399620) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Panola is located within Township of Panola, a minor civil division (MCD) of Woodford County.

Beneath the boundary map are tables with Panola population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.

Alternate Unofficial Names for Panola: Panola Station.


Neighborhood Data

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Village of Panola, IL Boundary Map



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Boundary Maps: Township of Panola | Woodford County | Illinois Counties

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Panola, IL Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 48
Population in Households 48
Population in Familes 40
Population in Group Qrtrs 0
Population Density1 112
Diversity Index2 12
 

HOUSEHOLDS

Total Households 19
Average Household Size 2.53
Family Households 13
Average Family Size 3

HOUSING

Total Housing Units 19 (100%)
Owner Occupied HU 14 (73.7%)
Renter Occupied HU 5 (26.3%)
Vacant Housing Units 0
Median Home Value $125,000
Average Home Value $132,143
 

INCOME

Median Household Income $53,002
Average Household Income $71,032
Per Capita Income $27,782
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 1.04% 0.82%
Households 0.87% 1.03%
Families -1.18% 1.49%
Median Household Income   0.7%
Per Capita Income   1.15%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Panola, IL - Peer Comparisons by Rank and Percentile

The table below compares Panola to the other 1,368 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 1357 1st
Population Density1 # 1341 2nd
Diversity Index2 # 713 48th
Median Household Income # 656 52nd
Per Capita Income # 498 64th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.