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Market insights · Mississippi

Panola County, MS: growth, migration and housing

Panola County has 32,691 residents, down 1.4% since 2020 (-0.1% in the last year). In 2022–2023, 709 households moved in and 682 moved out (+27 net), while a net $1.4M of income left. Median household income is $45,945, the median home $127,800 and median rent $874 a month.

Population (2025)32,691
5-year growth-1.4%
1-year growth-0.1%
Net households moving in+27
Per 1,000 residents+0.8
Net income moving in-$1.4M
Median household income$45,945
Median home value$127,800
Median rent$874/mo
Rent as share of income23%

In Mississippi: 38th of 82 counties for 5-year population growth · 17th of 81 counties for net in-migration (per resident) · 53rd of 82 counties for median household income · 33rd of 82 counties for median home value.

Where new residents came from

Top counties by households (tax returns) moving to Panola County, 2022–2023 (IRS).

FromHouseholds (tax returns)Their income (AGI)
Lafayette County, MS103$5.7M
DeSoto County, MS101$4.7M
Tate County, MS95$3.4M
Shelby County, TN44$1.5M
Quitman County, MS43$1.2M
Tallahatchie County, MS32$1.2M
Yalobusha County, MS30$1.3M

Where leavers went

Top counties by households leaving Panola County, 2022–2023 (IRS).

ToHouseholds (tax returns)Their income (AGI)
Lafayette County, MS102$4.8M
DeSoto County, MS88$3.9M
Tate County, MS77$3.2M
Shelby County, TN44$2.6M
Yalobusha County, MS32$1.2M
Quitman County, MS27$0.7M

BizyFi in Panola County

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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.