#774 Texas · 2026

Panola County, Texas

64.6 · moderate-high county distress 774th of 3,144 counties nationally · 22,838 residents How this is calculated →
The headline number
5% Panola residents
vs.
4% U.S. median

Above the national median for unemployment — and 5.0× the rate of the healthiest U.S. county (Loving County, TX — 1%).

U.S. Bureau of Labor Statistics, LAUS (May 2026)

Main Findings

Wire lede · 37 words · paste-ready

Panola County, Texas ranks 774th most distressed in the United States on the County Distress Index. The driver: 5% of the labor force is unemployed — above the national median of 4%. Its highest-scoring domain is Labor.

Key Findings
  • 774th of 3,144 counties on the County Distress Index — 64.6 · moderate-high county distress, 105th in Texas.
  • 5% of the labor force is unemployed (U.S. median 4%). Unemployment at the 86th percentile nationally. Source: U.S. Bureau of Labor Statistics, LAUS (May 2026).
  • Subprime credit share at 34% — national median 23%, ranked at the 86th percentile. Source: Federal Reserve Bank of St. Louis, Equifax (2025).
  • Debt in collections at 36% — national median 23%, ranked at the 88th percentile. Source: Urban Institute Debt in America (2025).
  • Uninsured rate at 18% — national median 8%, ranked at the 94th percentile. Source: U.S. Census Bureau, ACS 5-year (2023).
Distinctive Signals
Boundary Signal

Neighbors span three CDI score labels. The 21-point drop to Rusk County marks where the Texas distress corridor ends.

County Distress Index cluster map. Panola County, Texas and its neighbors colored by county distress score label.
Panola and its 5 geographic neighbors, graded by County Distress Index score. Panola County ranks 774th of 3,144. American Default Research
Wire summary — paste-ready, any angle 21 words

Panola County has a moderate-high county distress score. The domain mix shows whether pressure is concentrated or spread across the profile.

— American Default Research
Index note — for feature use 31 words

The CDI gives this county a moderate-high county distress label. The domain table shows whether the score comes from debt, labor, safety-net pressure, or a mix. Its highest-scoring domain is Labor.

— American Default Research

Indicator History

Period-correct raw indicators from the county-history panel. The CDI composite is excluded because it is a current cross-sectional score.

Updated Jul 1, 2026
BLS 1990 to 2025

Unemployment rate

5.0% -1.5 pp since 1990
Census 1989 to 2024

Poverty rate

13.3% -3.1 pp since 1989
BEA 1969 to 2024

Transfer income share

26.1% +12.1 pp since 1969
FRED/Equifax 2014 Q2 to 2025 Q4

Subprime credit population

34.1% -7.2 pp since 2014 Q2

The Indicators Behind Panola County's CDI Score

Every number traces to a public source. Panola County's value shown alongside TX's median and the U.S. median. Full CSV available for download.

How to read the table. A domain score is a 0–100 composite of the indicators in that domain; higher values represent a higher mean of distress-oriented indicator percentiles. A county's domain rank is computed separately against all counties. Percentile is Panola County's national rank among all 3,144 U.S. counties for that indicator, always oriented so higher = more distressed.
Indicator Panola TX median U.S. median Pctile Source
Delinquency — domain score 79 · Rank 561 of 3,144
Auto loan delinquency Share of auto loan accounts 60+ days past due 7% 7% 5% 73rd Urban Institute Debt in America (2025)
Credit card delinquency Share of credit card accounts 60+ days past due 8% 7% 5% 79th Urban Institute Debt in America (2025)
Subprime credit share Share of residents with a credit score below 660 34% 32% 23% 86th Federal Reserve Bank of St. Louis, Equifax (2025)
Default & Legal — domain score 72 · Rank 664 of 3,144
Debt in collections Share of residents with a credit file who have debt in collections 36% 35% 23% 88th Urban Institute Debt in America (2025)
Bankruptcy filing rate Personal bankruptcy filings per 100,000 residents 140 78 126 56th Administrative Office of the U.S. Courts, F-5A (2025)
Debt Burden (housing basis) — domain score 23 · Rank 2,682 of 3,144
Rent-to-income ratio Fair Market Rent (2BR) as share of median household income 19% 22% 21% 26th HUD FMR (FY2026); U.S. Census Bureau, SAIPE (2023)
Severe rent burden (50%+) Share of renter households paying 50%+ of income on rent 12% 17% 18% 19th U.S. Census Bureau, ACS 5-year (2023)
Labor — domain score 86 · Rank 423 of 3,144
Unemployment Share of labor force unemployed 5% 4% 4% 86th U.S. Bureau of Labor Statistics, LAUS (May 2026)
Safety Net & Buffer — domain score 63 · Rank 1,067 of 3,144
Child poverty rate Share of children under 18 below the federal poverty line 19% 22% 18% 55th U.S. Census Bureau, SAIPE (2023)
Disability rate Share of residents reporting a disability 18% 16% 16% 68th U.S. Census Bureau, ACS 5-year (2023)
Poverty rate Share of population below the federal poverty line 14% 15% 14% 50th U.S. Census Bureau, SAIPE (2023)
Uninsured rate Share of residents without health insurance coverage 18% 17% 8% 94th U.S. Census Bureau, ACS 5-year (2023)
Data compiled May 2026 from Urban Institute Debt in America (2025 panel), U.S. Census Bureau (ACS 5-yr 2023, SAIPE 2023, Business Formation Statistics 2024), U.S. Bureau of Labor Statistics (LAUS May 2026, QCEW 2024), Administrative Office of the U.S. Courts (F-5A bankruptcy filings 2025), and HUD Fair Market Rents (FY2026).

Five-Domain Breakdown

The CDI is an equal-weight composite of five family-v1 distress domains. Each domain contributes 20% of the county score.

Labor Primary driver 86
Weight 20% · Rank 423 of 3,144
Delinquency 79
Weight 20% · Rank 561 of 3,144
Default & Legal 72
Weight 20% · Rank 664 of 3,144
Safety Net & Buffer 63
Weight 20% · Rank 1,067 of 3,144
Debt Burden (housing basis) 23
Weight 20% · Rank 2,682 of 3,144

Methodology

The County Distress Index is a 0–100 composite score of household financial distress, computed for all 3,144 U.S. counties. Higher scores indicate greater distress. The index is built from five equal-weighted domains: Delinquency, Default & Legal, Debt Burden, Labor, and Safety Net & Buffer. Each domain is the mean of distress-oriented indicator percentiles; the CDI score is the equal-weight mean of those domain scores.

Data sources include the Urban Institute Debt in America (Equifax consumer credit panel), FRED/Equifax (subprime credit share), U.S. Census Bureau (American Community Survey 5-year, Small Area Income and Poverty Estimates), Bureau of Labor Statistics (Local Area Unemployment Statistics), U.S. Courts Administrative Office (F-5A bankruptcy filings), and HUD Fair Market Rents. Data vintages range from 2022 to 2026 depending on source; full indicator-level vintage detail is in the methodology document.

For Press & Research

Everything you need to cite Panola County data — in under 60 seconds.

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Press contact: Ross Kilburn · press@americandefault.org · (307) 264-2992 · same-day response, 9am–6pm ET
Draft wire copy 126-word AP-style article — use freely with attribution
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CARTHAGE, Texas — Panola County ranks 774th among the nation's most financially distressed counties, according to the County Distress Index released this month by American Default Research.

The composite score of 64.6 out of 100 gives Panola a moderate-high county distress label. Among 3,144 U.S. counties scored, 773 counties rank more distressed. Within Texas, Panola ranks 105th of 254 counties.

The index, which draws on 13 source indicators from the U.S. Census Bureau, Bureau of Labor Statistics, Urban Institute and federal court filings, identifies labor as the primary driver in Panola. 5% of the labor force is unemployed — above the national median of 4%.

American Default Research founder Ross Kilburn is available for interview at press@americandefault.org.

Full methodology and county-by-county data are available at americandefault.org/methodology/cdi.

— 30 —

Frequently Asked Questions

What is Panola County's CDI score, and what does it mean?

Panola County scores 64.6 out of 100 on the County Distress Index, with the score label moderate-high county distress. It ranks 774th of 3,144 U.S. counties and 105th of 254 Texas counties. Higher county scores indicate more distress.

What drives Panola County's distress score?

The highest-scoring domain is Labor, at a domain score of 86. Unemployment ranks at the 86th percentile nationally.

How does Panola County compare to its neighbors?

Panola County's neighbors span three CDI score labels. Highest-distress neighbor: Caddo Parish, LA (86.37, very high county distress). Lowest: Rusk County (65.26, moderate-high county distress).

How is the County Distress Index calculated?

The CDI is a 0–100 composite of 13 source indicators across five equal-weighted domains: Delinquency, Default & Legal, Debt Burden, Labor, and Safety Net & Buffer. Data comes from Urban Institute, Census Bureau, BLS, U.S. Courts, HUD, and related public sources. Full methodology →
Ross Kilburn
Written by

Ross Kilburn, Founder

Founder · American Default Research · Seattle, Washington

Two decades working directly with financially distressed American households — from property preservation in 2003, to negotiating over 1,000 short sales during the Great Recession, to foreclosure defense marketing today. Author, The Ark Law Group Complete Guide to Short Sales (Auroch Press, 2013). Founded American Default Research in 2026.

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