Last updated: 2024 BLS data · Page refreshed:
Lake Panasoffkee has a population of 4,768 with a median age of 46.5. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,768 |
| Median Age | 46.5 |
| White | 88.1% |
| Black or African American | 5.5% |
| Hispanic or Latino | 5.2% |
| Other / Two or More Races | 1.2% |
The median household income in Lake Panasoffkee is $44,531, which is 44.8% below the national median of $80,610. The per capita income is $26,682. The poverty rate is 30.5%.
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In Lake Panasoffkee, 85.4% of residents age 25+ have a high school diploma or higher, and 10.5% hold a bachelor's degree or higher (3.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 85.4% |
| Bachelor's Degree or Higher | 10.5% |
| Graduate or Professional Degree | 3.2% |
The median home value in Lake Panasoffkee is $153,000, below the national median of $303,400. The median monthly rent is $1,019. The homeownership rate is 66.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $153,000 |
| Median Monthly Rent | $1,019 |
| Homeownership Rate | 66.2% |
| Vacancy Rate | 18.3% |
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