Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 55.8 yrs |
|---|---|
| Avg HH Size | 2.49 |
| Below Poverty | 12.2% ▲ 22% above avg |
| College Grads | 36.3% ≈ Avg |
| Unemployment | 4.2% ▼ 13% below avg |
| No HS Diploma | 61 (3.5%) |
| HS Graduate | 629 (36.4%) |
| Some College | 159 (9.2%) |
| Associates | 252 (14.6%) |
| Bachelors | 158 (9.1%) |
| Graduate Degree | 469 (27.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $58,382 ▼ 23% below avg |
|---|---|
| Median Home Value | $233,500 ▼ 16% below avg |
| Home/Income Ratio | 4.0x (nat avg ~3.5x) |
| Median Rent | $1,468/mo |
| Total Housing Units | 1,716 |
| Vacant Units | 756 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Panacea is a city in Florida, located in Wakulla County. The city spans 1 ZIP code and is home to approximately 2,393 residents. It is an older city, with a median age of 55.8 years.
Economically, Panacea is a solidly middle-class community. The median household income of $58,382 is below the national average. Approximately 12.2% of residents live below the poverty line. The unemployment rate is 4.2%, near the national average.
The real estate market in Panacea is an affordable housing market. Median home values stand at $233,500, which is below the national average. Renters typically pay around $1,468 per month. Homeownership is high at 83.5%, typical of suburban and family-oriented communities.
The population of Panacea is moderately educated. 36.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (96.49%).
Panacea, FL offers residents a cost-conscious lifestyle within Florida.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 32346 | 2,393 | $58,382 | $233,500 | $1,468 | 4.2% | 36.3% | 83.5% |