Panacea
Panacea has notably lower household income than the US average, with a median household income of $37,983. Population has declined 14% since 2023. 22% of adults hold a bachelor's degree or higher, below the national rate of 36%. With a median age of 56.1, the population is older than the US median of 38.9. Poverty is rare here, at 5.7% of residents. Households here earn about 49% less than the Florida median.
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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