Pay and cost of living in Panola County, TX
Across the 1 occupations we cover in Panola County, TX, the middle median salary is $23,760 a year. Pay runs from $23,760 for Fast Food and Counter Workers up to $23,760 for Fast Food and Counter Workers, a spread of $0. Wages come from the Eastern Region of Texas nonmetropolitan area survey area.
A one-bedroom apartment in Panola County, TX has a HUD Fair Market Rent of $810 a month and a two-bedroom $1,060. Rent, food, home energy and gasoline for one adult add up to $16,787 a year. After federal, FICA and state income taxes, the average occupation here takes home $21,141 a year, and every one of the 1 occupations listed here earns enough take-home pay to cover the four basics.
Open any occupation below for its full payslip, the tax breakdown, the rent comparison and a plain-English explanation of what is left after the basics. Every figure uses the same method, so results are comparable from one job and one county to the next.
Housing, taxes and commute in Panola County, TX
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Panola County, TX, set beside the Texas and national medians.
Median household income in Panola County, TX is $64,894, 17% below the Texas median of $78,476 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($9,720) equals 15.0% of that income. The median of the occupation medians listed here, $23,760, is 63% below household income, which is expected because a household can hold more than one earner.
Homeowners in Panola County, TX pay a median of $1,242 a year in real estate taxes, 71% below the Texas median of $4,232. With a median home value of $158,100, 44% below the Texas median of $283,800, the ratio of the two medians is 0.79% a year.
Renters in Panola County, TX pay a median gross rent of $834 a month in the Census survey, 41% below the Texas median of $1,403. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $810; the Census figure covers rental units of every size.
Workers in Panola County, TX who travel to a workplace spend an average of 28.2 minutes each way, 6% above the Texas average of 26.7. 7.1% of workers work from home, compared with 15.1% nationally.