United States › Florida › Lake Panasoffkee CITY · 2020 ACS
Lake Panasoffkee Florida · 4,072 residents · 4.30 sq mi
Time machine
COMPARE TO 1990 Census 2000 Census 2009 ACS 2010 ACS 2011 ACS 2012 ACS 2013 ACS 2014 ACS 2015 ACS 2016 ACS 2017 ACS 2018 ACS 2019 ACS 2021 ACS 2022 ACS 2023 ACS 2024 ACS
The short version
Lake Panasoffkee is a city of 4,072 people in Florida. At a median age of 50.5, this is an older place than the country as a whole. 11% of adults hold a bachelor's degree, below the 33% national rate. Households here earn about 41% less than in Florida as a whole. Home values have more than doubled since 2000, reaching $85,800. 23.5% of locals live below the federal poverty line.
At a glance
Lower income
below the US median
US median: $66,278
Older
median age 50.5
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01
Population & growth from 52.8 in 2000
US average: 38.8
Population, 1990 – 2024
3K 3K 4K 4K 5K 1990 2000 2010 2020 2024 Lake Panasoffkee Age distribution, 2020
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02
Income & economy $34,094
−13%inflation adjusted, since 2000
from $25,930 in 2000
US average: $66,278
from $18,149 in 2000
US average: $35,364
Households earning $100K+
from 21.4% in 2009
US average: 43.9%
from 12.0% in 2000
US average: 12.8%
Workforce by industry, 2020
Agriculture, forestry, fishing 2.3%
Public administration 0.9%
Education & health services 0.7%
Transportation & warehousing 0.6%
Professional, scientific, technical 0.6%
Arts, entertainment, food 0%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
$85,800
+20%inflation adjusted, since 2000
from $47,400 in 2000
US average: $265,253
$814
+44%inflation adjusted, since 2000
from $377 in 2000
US average: $1,124
from 84.5% in 2000
26.5% rent
2.34 people
+17%since 2009
from 2.00 people in 2009
US average: 2.61
from 2.7 in 2009
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity 2000
White, non-Hispanic 96.5%(3,294)
Hispanic / Latino 0.9%(31)
2020
White, non-Hispanic 84.5%(3,439)
Hispanic / Latino 5.9%(239)
No data for the years selected.
Section 04 · Origins
Detailed origins & ancestry Ancestry
+ 10 more ancestry groups with data from 4.2% in 2000
US average: 32.9%
High school or higher
from 70.1% in 2000
US average: 88.5%
from 1.5% in 2000
US average: 12.7%
Section 06
Commute & transportation from 26.3 min in 2000
US average: 26.9
from 72.7% in 2009
US average: 75.1%
from 4.9% in 2009
US average: 8.4%
Section 07
Work & employment from 6.3% in 2011
US average: 5.4%
from 45.8% in 2011
US average: 63.4%
Women 20-64 in the labor force
US average: 73.3%
from 13.3% in 2009
US average: 39.3%
Section 08
People & community from 5.6% in 2009
US average: 13.5%
from 24.5% in 2013
US average: 8.8%
Computer in household
US average: 91.9%
Marital status (2024)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09
Health coverage from 24.5% in 2013
US average: 8.8%
Direct-purchase
US average: 13.7%
VA health care
US average: 2.3%
Any private
US average: 68.1%
Any public
US average: 35.2%
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans Veterans by period of service, 2020
Gulf War (2001 or later) 27%(111)
Share of the 411 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Drill deeper
Places similar to Lake Panasoffkee Head to head
Compare Lake Panasoffkee to nearby cities LAKE PANASOFFKEE VS
Wildwood
Income $76,552 +125%
Home value $451,600 +426%
Population 19,436 +308%
SEE FULL COMPARISON →
LAKE PANASOFFKEE VS
The Villages
Income $77,622 +128%
Home value $400,100 +366%
Population 83,498 +1651%
SEE FULL COMPARISON →
LAKE PANASOFFKEE VS
Fruitland Park
Income $82,656 +142%
Home value $382,400 +346%
Population 9,543 +100%
SEE FULL COMPARISON →
LAKE PANASOFFKEE VS
Leesburg
Income $52,880 +55%
Home value $228,600 +166%
Population 38,905 +716%
SEE FULL COMPARISON →
Frequently asked
How many people live in Lake Panasoffkee, Florida? Lake Panasoffkee, Florida has about 4,072 residents according to the 2020 American Community Survey.
What is the median household income in Lake Panasoffkee, Florida? The typical household in Lake Panasoffkee, Florida earns about $34,094 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 $85,800, and the typical rent is about $814 a month.
How educated are people in Lake Panasoffkee, Florida? About 10.7% 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 23.5% 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 1,296 residents, a change of about 47 percent over that period.
Keep going
Explore from here 