Panola township is located in Woodford County, Illinois. Panola township has a 2026 population of 376. Panola township is currently declining at a rate of -0.27% annually and its population has decreased by -0.53% since the most recent census, which recorded a population of 378 in 2020.
The median household income in Panola township is $96,000 with a poverty rate of 3.9%. The median age in Panola township is 55.4 years: 55.1 years for males, and 55.8 years for females. For every 100 females there are 140.4 males.
Data after 2023 is projected based on recent change
Overall: 55.4 years
Female: 55.8 years
Male: 55.1 years
There are 286 adults, (102 of whom are seniors) in Panola township.
Female: 136 (41.6%)
Male: 191 (58.4%)
The racial composition of Panola township includes 96.64% White, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 316 | 96.64% |
| Two or more races | 11 | 3.36% |
Panola township 's average per capita income is $33,333. Household income levels show a median of $96,000. The poverty rate stands at 3.9%.
| Name | Median ↓ | Mean |
|---|---|---|
| Families | $97,188 | $107,694 |
| Married Families | $97,063 | - |
| Households | $96,000 | $94,499 |
| Non Families | - | $50,915 |
Average Income
Median Household Income
Poverty Rate