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CITY

Panacea

Florida · 894 residents · 1.67 sq mi
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The short version

Panacea is home to 894 people in Florida. The median age is 56.1, about 17 years above the US median. Households here earn about 49% less than in Florida as a whole. 49% of homes are owner-occupied. The typical home is worth $105,600. Four-year degrees are less common here than nationally, at 22% of adults.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 56.1
US median: 38.9
Less educated
22% hold a bachelor's degree
US average: 36%
Renter-heavy
49% owner-occupied
US average: 65%
Section 01

Population & growth

894
−14%since 2023
from 1,039 in 2023
2010 – 2024
536 / sq mi
−14%since 2023
from 623 / sq mi in 2023
US average: 281
56.1
+20%since 2023
from 46.7 in 2023
US average: 38.9
Land area
1.67 sq mi
Population, 20102024
6167629091K1K201020202024Panacea
2024894
201020202024
Age distribution, 2024
Under 51.7%(15)
US avg: 5.6%
5 to 95.9%(53)
US avg: 6%
10 to 149.3%(83)
US avg: 6.4%
15 to 190%(0)
US avg: 6.6%
20 to 2412.8%(114)
US avg: 6.5%
25 to 342%(18)
US avg: 13.7%
35 to 444.8%(43)
US avg: 13.2%
45 to 5412.9%(115)
US avg: 12.2%
55 to 6423.2%(207)
US avg: 12.7%
65 to 7421.5%(192)
US avg: 10.2%
75 to 846%(54)
US avg: 5.1%
85 and over0%(0)
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 02

Income & economy

$37,983
+2%inflation adjusted, since 2023
from $36,332 in 2023
US average: $82,259
2010 – 2024
$19,360
+36%since 2023
from $14,216 in 2023
US average: $44,673
Households earning $100K+
9.6%
+2.7 ptssince 2023
from 6.9% in 2023
US average: 53.3%
5.7%
−18.5 ptssince 2023
from 24.2% in 2023
US average: 12.5%
0.302
+20%since 2023
from 0.252 in 2023
US average: 0.476
Workforce by industry, 2024
Information24.2%
US avg: 10.8%
Arts, entertainment, food14%
US avg: 1.9%
Finance & insurance6.3%
US avg: 5.9%
Professional, scientific, technical6.3%
US avg: 5.1%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03

Housing

$105,600
US average: $376,019
2010 – 2024
$959
US average: $1,442
48.9%
−26.6 ptssince 2023
from 75.5% in 2023
51.1% rent
34.1%
−3.2 ptssince 2023
from 37.3% in 2023
US average: 10.0%
2.26 people
−24%since 2023
from 2.99 people in 2023
US average: 2.54
0.0%
−35.9 ptssince 2023
from 35.9% in 2023
US average: 22.9%
76.2%
+16.2 ptssince 2023
from 60.0% in 2023
US average: 47.4%
2.8
2010 – 2024
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
37
Our index, 0 to 100. Higher means faster recent growth in incomes, home values, and college degrees.
Section 04

Race & ethnicity

2023
White, non-Hispanic96.7%(1,005)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other3.3%(34)
2024
White, non-Hispanic96.9%(866)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other3.1%(28)
8
−4%since 2023
from 8 in 2023
2011 – 2024
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
Section 04 · Origins

Detailed origins & ancestry

Ancestry
Irish5.7%(51)
German4.6%(41)
American2.5%(22)
English1%(9)
French1%(9)
Section 05

Education

22.1%
+1.6 ptssince 2023
from 20.5% in 2023
US average: 35.6%
High school or higher
73.4%
−3.6 ptssince 2023
from 77.1% in 2023
US average: 89.6%
12.4%
+0.5 ptssince 2023
from 11.9% in 2023
US average: 14.0%
Section 06

Commute & transportation

20.2 min
US average: 26.5
54.1%
+32.5 ptssince 2023
from 21.7% in 2023
US average: 68.9%
0.0%
−31.1 ptssince 2023
from 31.1% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 15.0%
20.8%
+3.1 ptssince 2023
from 17.7% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
41.8%
−7.2 ptssince 2023
from 49.0% in 2023
US average: 8.3%
Section 07

Work & employment

18.5%
+18.5 ptssince 2023
from 0.0% in 2023
US average: 5.2%
34.2%
−2.6 ptssince 2023
from 36.8% in 2023
US average: 63.5%
Women 20-64 in the labor force
42.8%
US average: 74.6%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.1%
16.4%
+8.4 ptssince 2023
from 8.0% in 2023
US average: 42.5%
Section 08

People & community

46.3%
−1.9 ptssince 2023
from 48.2% in 2023
53.7%
+1.9 ptssince 2023
from 51.8% in 2023
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
4.2%
+1.7 ptssince 2023
from 2.5% in 2023
US average: 6.2%
40.6%
−1.3 ptssince 2023
from 41.9% in 2023
US average: 13.3%
6.7%
−0.9 ptssince 2023
from 7.6% in 2023
US average: 8.4%
85.8%
+0.5 ptssince 2023
from 85.3% in 2023
US average: 91.0%
Computer in household
85.8%
US average: 95.5%
92.7%
US average: 87.7%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Marital status
Men 15+
Never married42.7%(154)
Married33.5%(121)
Widowed14.1%(51)
Divorced9.7%(35)
Women 15+
Never married32.2%(123)
Married46.9%(179)
Widowed17.5%(67)
Divorced3.4%(13)
SHARE WITHIN EACH SEX · POPULATION 15 AND OVER · 2024
Section 09

Health coverage

6.7%
−0.9 ptssince 2023
from 7.6% in 2023
US average: 8.4%
17.0%
US average: 54.8%
Direct-purchase
18.3%
US average: 13.8%
39.1%
US average: 18.4%
66.9%
US average: 20.9%
VA health care
1.9%
US average: 2.2%
Any private
34.6%
US average: 67.1%
Any public
87.1%
US average: 36.7%

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, 2024
Gulf War (2001 or later)0%(0)
US avg: 26.4%
Gulf War (1990s)29%(9)
US avg: 24.3%
Vietnam era48.4%(15)
US avg: 33.1%
Korean War0%(0)
US avg: 4.5%
World War II0%(0)
US avg: 1%

Share of the 31 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
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Frequently asked

How many people live in Panacea, Florida?

Panacea, Florida has about 894 residents according to the 2024 American Community Survey.

What is the median household income in Panacea, Florida?

The typical household in Panacea, Florida earns about $37,983 a year. Half of households make more than that, and half make less.

Is Panacea, Florida expensive?

In Panacea, Florida, the median home is worth about $105,600, and the typical rent is about $959 a month.

How educated are people in Panacea, Florida?

About 22.1% of adults age 25 and over in Panacea, Florida hold a bachelor's degree or higher.

What is the poverty rate in Panacea, Florida?

About 5.7% of people in Panacea, Florida live below the federal poverty line.

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

How we source and harmonize this data →