In 2022, the population of Panola was 43, a 2.27% decrease year-by-year from 2021. Previously, in 2021, Panola's population was 44, a decline of 0.00% compared to a population of 44 in 2020.
The median age in Panola, IL is 60.8, as per 2021 ACS 5-Year Estimates. Of the total population, 4.35% were under the age of 15, 4.35% aged 15 to 29, 82.61% aged 30 to 64, 8.70% aged 65 to 84, and 0.00% were 85 years of age and older.