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CITY · 2000 CENSUS

Lake Panasoffkee

Florida · 3,413 residents · 4.3 sq mi
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The short version

Lake Panasoffkee has notably lower household income than the US average, with a median household income of $25,930. Population has grown 23% since 1990. 4% of adults hold a bachelor's degree or higher, below the national rate of 24%. Median home value is $47,400. With a median age of 52.8, the population is older than the US median of 35.2. Households here earn about 33% less than the Florida median.

At a glance
Lower income
below the US median
US median: $42,589
Older
median age 52.8
US median: 35.2
Less educated
4% hold a bachelor's degree
US average: 24%
More affordable
home values down 33%, inflation adjusted
US median home: $120,530
Section 01

Population & growth

3,413
+23%since 1990
from 2,776 in 1990
1990 – 2024
794 / sq mi
+23%since 1990
from 646 / sq mi in 1990
US average: 242
52.8
−13%since 1990
from 60.9 in 1990
US average: 35.2
Population, 19902024
3K3K4K4K5K1990201020202024Lake Panasoffkee
20245K
1990201020202024
Section 02

Income & economy

$25,930
+30%inflation adjusted, since 1990
from $15,166 in 1990
US average: $42,589
1990 – 2024
$18,149
+83%since 1990
from $9,907 in 1990
US average: $21,522
12.0%
−4.1 ptssince 1990
from 16.1% in 1990
US average: 12.4%
Section 03

Housing

$47,400
−33%inflation adjusted, since 1990
from $53,800 in 1990
US average: $120,530
1990 – 2024
$377
−22%inflation adjusted, since 1990
from $366 in 1990
US average: $602
84.5%
+1.3 ptssince 1990
from 83.2% in 1990
15.5% rent
1.8
−48%since 1990
from 3.5 in 1990
1990 – 2024
RELATED:See current rent listings in Lake Panasoffkee on RentDataNow
Section 04

Race & ethnicity

1990
White, non-Hispanic98.7%(2,741)
Black0%(0)
Hispanic / Latino2.7%(75)
Asian0.4%(10)
Diversity Score9.4%(260)
2000
White, non-Hispanic96.5%(3,294)
Black0.6%(22)
Hispanic / Latino0.9%(31)
Asian0.5%(16)
Diversity Score5.1%(173)
5
−46%since 1990
from 9 in 1990
1990 – 2024
Section 05

Education

4.2%
−1.7 ptssince 1990
from 5.9% in 1990
US average: 24.4%
High school or higher
70.1%
+11.5 ptssince 1990
from 58.6% in 1990
US average: 80.3%
1.5%
−0.2 ptssince 1990
from 1.8% in 1990
US average: 8.8%
Section 06

Commute & transportation

26.3 min
+8%since 1990
from 24.4 min in 1990
US average: 17.6
Section 07

Work & employment

No data for the years selected.

Section 08

People & community

No data for the years selected.

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Frequently asked

How many people live in Lake Panasoffkee, Florida?

Lake Panasoffkee, Florida has about 3,413 residents according to the 2000 Census.

What is the median household income in Lake Panasoffkee, Florida?

The typical household in Lake Panasoffkee, Florida earns about $25,930 a year. Half of households make more than that, and half make less.

Is Lake Panasoffkee, Florida expensive?

In Lake Panasoffkee, Florida, the median home is worth about $47,400, and the typical rent is about $377 a month.

How educated are people in Lake Panasoffkee, Florida?

About 4.2% of adults age 25 and over in Lake Panasoffkee, Florida hold a bachelor's degree or higher.

What is the poverty rate in Lake Panasoffkee, Florida?

About 12.0% of people in Lake Panasoffkee, Florida live below the federal poverty line.

Has Lake Panasoffkee, Florida grown since 1990?

Yes, Lake Panasoffkee, Florida has grown since 1990. The population has added about 637 residents, a change of about 23 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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