HomeMississippiPanola County
Panola County, Mississippi: commercial real estate data.
Panola County, Mississippi had an estimated 32,764 residents on July 1, 2024, down 1.3 percent since the 2020 census base of 33,203, across 685 square miles. County output reached $1.42 bn in 2024, 579 establishments operate here, and the SBA record carries 10 7(a) approvals worth $12.4 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Panola County
How many people live in Panola County
- Population, American Community Survey 2020-202432,808
- Households12,312
- Average household size2.66
- Median household income$45,945
- Median age39.4
- Median gross rent$874 per month
- Median owner-occupied home value$127,800
- Home value to household income2.8 times
- Annual rent as a share of median income22.8 percent
- Adults 25 and over with a bachelor degree or higher17.6 percent
- Adults 25 and over with a graduate degree7.2 percent
- Adults 25 and over21,849
- Population under 188,094
- Share under 1824.7 percent
- Population 65 and over5,726
- Share 65 and over17.5 percent
- Working age population, 18 to 6418,988
- Civilian labor force13,388
- Unemployment rate6.6 percent
- Labor force participation, adults 18 and over54.2 percent
- Rank by population among Mississippi counties24th of 82
- Rank by population among US county-equivalents, Puerto Rico included1403rd of 3,222
Panola County is the 24th largest of 82 Mississippi counties by population. A median home costs 2.8 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 24.7 percent against 17.5 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Panola County
Is Panola County's population growing?
- Population, July 1, 202432,764
- Census 2020 base population33,203
- Population change since the 2020 census base-1.32 percent
- Population change, 2023 to 2024113
- Births, 2024411
- Deaths, 2024448
- Natural change, 2024-37
- Net domestic migration, 2024154
- Net international migration, 2024-4
- Total net migration, 2024150
- Cumulative net domestic migration, 2021 to 2024-123
- Rank by growth among US county-equivalents2299th of 3,144
The county has lost 1.32 percent of its population since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Panola County
Where are people moving to Panola County from?
- Tax returns filed by households arriving651
- People arriving, from those returns1,258
- Tax returns filed by households leaving684
- Net household movement-33
- Adjusted gross income arriving$27.2 m
- Net adjusted gross income movement$-311,000
- Average income of an arriving household$41,727
- Average income of a leaving household$40,168
- Largest single originDeSoto County (95 households)
- Largest single destinationLafayette County (114 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| DeSoto County | 95 | 185 | $5.6 m |
| Lafayette County | 87 | 182 | $3.4 m |
| Tate County | 87 | 196 | $3.4 m |
| Shelby County | 43 | 87 | $1.9 m |
| Quitman County | 36 | 92 | $922,000 |
| Yalobusha County | 25 | 45 | $719,000 |
Households arriving report $1,559 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is DeSoto County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Panola County
What is the Panola County economy?
- County GDP, 2024$1.42 bn
- County GDP, 2023$1.39 bn
- GDP change, 2023 to 20241.7 percent
- GDP change over five years22.4 percent
- Rank by GDP among the Mississippi areas BEA publishes26th of 82
- Rank by GDP among the US county areas BEA publishes1565th of 3,127
- GDP per resident$43,160
Output grew 1.7 percent in the latest year and 22.4 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Panola County
Employment by industry in Panola County
- Covered employment, annual average10,368
- Establishments reporting653
- Average annual pay$44,195
- Average weekly wage$850
- Retail trade, employment1,624
- Retail trade, average annual pay$32,227
- Manufacturing, employment1,584
- Manufacturing, average annual pay$54,716
- Accommodation and food services, employment949
- Accommodation and food services, average annual pay$18,444
- Transportation and warehousing, employment407
- Transportation and warehousing, average annual pay$67,044
- Construction, employment406
- Wholesale trade, employment395
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 1,624 | 163 | $32,227 |
| Manufacturing | 1,584 | 31 | $54,716 |
| Accommodation and food services | 949 | 54 | $18,444 |
| Transportation and warehousing | 407 | 27 | $67,044 |
| Construction | 406 | 38 | $52,120 |
| Wholesale trade | 395 | 28 | $67,995 |
| Finance and insurance | 318 | 47 | $55,584 |
| Utilities | 173 | 9 | $91,143 |
Retail trade is the largest private sector at 1,624 jobs, 15.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Panola County
How many businesses are in Panola County?
- Establishments, all industries579
- Employment at those establishments8,911
- Annual payroll$384.7 m
- Establishments per 1,000 residents17.6
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Panola County
Building permits in Panola County
- Housing units authorized by permit, 202410
- Declared construction value permitted$1.4 m
- Single family units authorized10
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$142,993
- Units authorized per 1,000 households0.8
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Panola County
SBA loans in Panola County (7(a) and 504)
- 7(a) approvals recorded10
- 7(a) gross approval dollars$12.4 m
- Average 7(a) approval$1,243,710
- Median 7(a) approval$423,500
- Largest single approval$4,775,000
- Jobs reported supported, 7(a)110
- Jobs per approval11.0
- Distinct 7(a) lenders active10
- Distinct industries receiving approvals10
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms2
- Loans on working capital terms, 120 months or shorter7
- Franchise loans1
- Franchise share of approvals10.0 percent
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Panola County
SBA loan default and charge-off rates in Panola County
Do SBA loans in Panola County get paid back?
- Loans with a final outcome recorded1
- Paid in full1
- Charged off0
- Status: Exempt from disclosure9
- Status: Paid in full1
Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Panola County
SBA lending by place in Panola County
- Borrower cities with recorded lending4
- Batesville, approvals7
- Shannon, approvals1
- Sardis, approvals1
- Como, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Batesville | 7 | $8,870,400 |
| Shannon | 1 | $3,031,500 |
| Sardis | 1 | $447,000 |
| Como | 1 | $88,200 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Panola County
How large is Panola County?
- Land area685 sq mi
- Rank by land area among Mississippi counties23rd of 82
- Width, east to west27.3 mi
- Height, north to south27.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land48
- Establishments per square mile0.85
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Panola County
Flood risk in Panola County
- Participation of the county's own NFIP community Panola County, unincorporated areasParticipating, community 280125
- Community Rating System class of the county's own communityClass 10
- Communities in the county in the NFIP Community Status Book7
- Of those, participating in the NFIP7
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 10
- Communities carrying a CRS class1
- Radon levels in Panola County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Panola County (community 280125), participates in the National Flood Insurance Program and carries Community Rating System class 10, a flood insurance premium discount for policies written there. The EPA places Panola County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 10, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Panola County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Panola County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202432,808
- Households12,312
- Average household size2.66
- Median household income$45,945
- Median age39.4
Common questions
Panola County questions, answered from the record.
How many people live in Panola County, Mississippi?
The Census Bureau estimates 32,764 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 32,808, in 12,312 households, ranking 24th of 82 Mississippi counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Panola County's population growing?
The population has fallen 1.32 percent since the 2020 census base of 33,203, to 32,764 on July 1, 2024. In 2024 there were 411 births against 448 deaths, with net migration of 150. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Panola County?
$45,945. The median owner-occupied home is valued at $127,800, which is 2.8 times income, and median gross rent is $874 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Panola County?
579 establishments, employing 8,911 people with an annual payroll of $384.7 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Panola County?
Retail trade is the largest private sector at 1,624 jobs, 15.7 percent of covered employment. Covered employment averages 10,368 jobs at an average annual pay of $44,195, or $850 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Panola County?
10 7(a) approvals totaling $12.4 m since FY2020, across 10 lenders, with a median approval of $423,500. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Panola County?
10 housing units were authorized by permit in 2024, with a declared construction value of $1.4 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Panola County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Panola County come from?
The largest single origin is DeSoto County, with 95 households. Arriving households report an average income of $41,727 against $40,168 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Panola County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Panola County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Panola County
Cities and places in Panola.
7 Census places lie wholly or partly in Panola County. All 7 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Batesville | city | 7,387 | 7 | Wholly in this county |
| Sardis | town | 2,445 | 1 | Wholly in this county |
| Como | town | 1,258 | 1 | Wholly in this county |
| Courtland | town | 1,205 | None recorded | Wholly in this county |
| Crenshaw | town | 628 | None recorded | 86.5 percent here, 13.5 percent Quitman County |
| Crowder | town | 606 | None recorded | 32.9 percent here, 67.1 percent Quitman County |
| Pope | village | 413 | None recorded | Wholly in this county |
A further 1 of the county's 10 SBA 7(a) approvals are to borrowers in cities that match no Census place in Panola County, the largest being Shannon (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.