Panola, TX County is an attractive and affordable option for those seeking to rent a two-bedroom home. At $860, the 2 bedroom rent in Panola is significantly less than that of the US average of $1,430. Additionally, groceries in Panola cost less with an index of 92 compared to the national average of 100. The area has numerous local businesses, such as Panola Medical Center and Panola Country Club, that provide excellent services to its citizens. Other local companies include Bluebonnet Food Mart, Chisholm Trail Barbecue Restaurant & Catering Company and Westward Ho Café.
Panola County has an unemployment rate of 8.6%. The US average is 6.0%.
Panola County has seen the job market increase by 2.2% over the last year. Future job growth over the next ten years is predicted to be 5.3%, which is lower than the US average of 33.5%.
Tax Rates for Panola County
- The Sales Tax Rate for Panola County is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Panola County is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Panola County
- The average income of a Panola County resident is $25,326 a year. The US average is $28,555 a year.
- The Median household income of a Panola County resident is $54,853 a year. The US average is $69,021 a year.