Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.6 yrs |
|---|---|
| Avg HH Size | 2.13 |
| Below Poverty | 22.7% ▲ 127% above avg |
| College Grads | 25.9% ▼ 33% below avg |
| Unemployment | 6.0% ▲ 23% above avg |
| No HS Diploma | 29 (0.7%) |
| HS Graduate | 1,532 (38.9%) |
| Some College | 774 (19.7%) |
| Associates | 583 (14.8%) |
| Bachelors | 351 (8.9%) |
| Graduate Degree | 669 (17%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $48,951 ▼ 36% below avg |
|---|---|
| Median Home Value | $157,200 ▼ 44% below avg |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,005/mo |
| Total Housing Units | 3,409 |
| Vacant Units | 707 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Lake Panasoffkee is a city in Florida, located in Sumter County. The city spans 1 ZIP code and is home to approximately 5,748 residents. It is a mature city, with a median age of 47.6 years.
Economically, Lake Panasoffkee is a working-class community. The median household income of $48,951 is below the national average. Approximately 22.7% of residents live below the poverty line. The unemployment rate is 6.0%, above the national average.
The real estate market in Lake Panasoffkee is an affordable housing market. Median home values stand at $157,200, which is below the national average. Renters typically pay around $1,005 per month. Homeownership is high at 71.6%, typical of suburban and family-oriented communities.
The population of Lake Panasoffkee is moderately educated. 25.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (87.23%).
Lake Panasoffkee, FL offers residents a cost-conscious lifestyle within Florida.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 33538 | 5,748 | $48,951 | $157,200 | $1,005 | 6.0% | 25.9% | 71.6% |