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EconPulse

Local economy signal dashboard

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PLACEThriving

Panola, IL

Thriving overall. Jobs is the clearest support signal, while gdp / output needs the most attention. Housing reads as unavailable for a median-income household.

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Overall score92out of 100
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78
100
100
NA
84

Population

36

Data freshness

Unknown

GDP / Output

+5.5% YoY

78

$1.8B

Output changed +5.5% in 2024.

Vintage date unknown

State growth4.3%
U.S. growth5.3%

Jobs

Unemployment rate

100

0.0%

Unemployment is 0.0% for Latest available.

Vintage date unknown

State avg5.1%
U.S. avg5.2%

Population

+100.0% 5-year

100

36

Population moved +100.0% over the latest ACS window.

Vintage date unknown

State population12,694,798
U.S. population334,922,499

Housing

Rent share of income

NA

Unavailable

Housing affordability could not be calculated.

Vintage date unknown

State rent$1.3K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$6.1K per resident

84

$235.3M

$235.3M in federal obligations flowed here in FY2025.

Vintage date unknown

State total$134.6B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$235.3M

$6.1K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$212.3M
2. Department of Veterans Affairs$16.7M
3. Department of Agriculture$13.9M

Top recipients

Dollars
1. REDACTED DUE TO PII$12.4M
2. EUREKA COLLEGE$2.5M
3. TANNER FARMS ORGANICS LLC$201.7K

Unavailable

Housing Affordability

Unavailable

of median income

1BR estimateUnavailable
2BR estimateUnavailable
Median income$93,750
Median home value$147,200

ACS context

Quick Facts

Population

36

Median age

59.5

Bachelor's degree+

38.7%

Poverty rate

0.0%

Labor force participation

60.0%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+14.9%

GDP CAGR

+7.4%

Federal flow

5 years

Population (5 years)
202018
202123
202225
202332
202436
GDP (5 years)
2020$1.2B
2021$1.4B
2022$1.6B
2023$1.7B
2024$1.8B

2-year linear forecast

Predictive Outlook

Population forecast

202436
202540 *
202645 *

R² = 97.9% · * projected

GDP forecast

2024$1.8B
2025$2.0B *
2026$2.1B *

R² = 96.3% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$93,750/yr
Est. mortgage (30yr, 6.5%)$8,932/yr
Mortgage share of income9.5%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate0.0%
State avg5.1%
U.S. avg5.2%
Labor force participation60.0%
Poverty rate0.0%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$147,200

composite score

Investment Climate

Investment climateStrong
Composite score91/100
Economic growth78/100
Labor market100/100
Population momentum100/100
Overall stability92/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Panola village, Illinois

City/Town

Part of

Peoria, IL

Nearby locations

El Paso, ILSecor, ILBenson, ILKappa, ILGridley, IL