The Local Government is predominantly a homogenous society and carefully populated by Yoruba speaking people of the South West Zone of Nigeria. The Religious of the people are mainly Christian and Islamic religious while a percentage of the people are Traditional religion worshippers.
The thriving industries in the local government include Timber/Saw mills which include Olo Sawmill, Okejebu, Eleyero Sawmill, Ilamo and Ara Sawmill, Ara; Pharmacies which include Chuks Pharmacy and Okoli Pharmacy both located at Ikole.
The place in the Ikole Local Government that attracts tourists from all over is the Itapaji Water Dam, Itapaji-Ekiti.