Places/TX/Panola County, TX
County profile

Panola County, TX

United States · GDP 2024
#1145 of 3,127 US counties by GDPbottom-decile growthmore diversified than 90% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$2.4B
BEA · 2024
GDP growth (YoY)
-20.0%
BEA · 2024
Jobs tracked
6,733
Census CBP · 2023
Employers
479
Census CBP · 2023
Avg. wage
$58.4k
BLS QCEW · 2023
Population
23,018
Census PEP · 2025
Labor, income & education
Unemployment
6.0%
Median HH income
$64.9k±$8.4k
Bachelor's degree+
17.0%±2.6%
Poverty rate
11.2%±2.6%
Business applications
316 · 2025
Retail establishments
72
31.3/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Construction24%
Mining & energy22%
Retail trade17%
Manufacturing16%
Food & accommodation11%
Health care10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
23,018
residents · 2025 · +2.3% since 2020
Income per capita $61.9k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+903
International migration+24
Natural change412

GDP trend

20192024 · nominal
$1.8B
2019
$1.5B
2020
$3.2B
2021
$4.9B
2022
$3.0B
2023
$2.4B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$158.1k±$9.9k
Median gross rent
$834/mo±$54/mo
Vacancy rate
18.0%±2.6%
Affordability
2.7× wages
Residential permits
$3.3M
18 units · 0.8/1k pop
FEMA risk score
55.4
HUD Fair Market Rent (2BR):$995/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 93Ice storm 88Hail 86
FHFA HOUSE PRICE INDEX · 20162025
166
2016
167
2017
175
2018
176
2019
186
2020
200
2021
240
2022
261
2023
282
2024
289
2025
RESIDENTIAL PERMITS · 20212025
80% since 2021
10
2021
11
2022
3
2023
17
2024
18
2025

Transport access

BTS · FAA · USACE
Nearest interstate
36.8 km
I-20
Nearest freight rail
2.7 km
BNSF
Nearest port
67.5 km
RED RIVER TERMINALS CADDO/BOSSIER PORT COMMISSION
Nearest commercial airport
45.5 km
EAST TEXAS RGNL
Wage trend
BLS QCEW · 20192023
$58.4k
avg. annual pay · +18% since 2019
The read

What is the GDP of Panola?

Panola's economy produced $2.4B in 2024, contracting 20.0% year over yearamong the slowest-growing US counties. Its largest employment sector is construction.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.