Census Bureau data for Lake Panasoffkee CDP from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Lake Panasoffkee CDP
- What is the median household income in Lake Panasoffkee CDP?
- The median household income in Lake Panasoffkee CDP is $46,002 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Lake Panasoffkee CDP?
- The poverty rate in Lake Panasoffkee CDP is 23.2% (U.S. Census Bureau ACS 2023).
- What is the median home value in Lake Panasoffkee CDP?
- $133,300 (U.S. Census Bureau ACS 2023).
- What is the average rent in Lake Panasoffkee CDP?
- The median gross rent in Lake Panasoffkee CDP is $962 per month (U.S. Census Bureau ACS 2023).
- What percentage of Lake Panasoffkee CDP residents have a college degree?
- 9.7% of adults in Lake Panasoffkee CDP hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
4,525
Median Income
$46,002
Median Home Value
$133,300
Poverty Rate
23.2%
Unemployment (ACS 2023)
5.4%
Median Age
48.0 yrs
Since 2019
Median Income:
+$10,160 (+28.3%)
Home Value:
+$52,600 (+65.2%)
Poverty Rate:
+8.7 pp (+60%)
Bachelor's+:
-1.2 pp (-11%)
Unemployment:
+2.4 pp (+80%)
Demographics
Total Population
4,525
Median Age
48.0
Female
52.8%
Race & Ethnicity
Hispanic or Latino 3.8%
White (non-Hisp.) 85.9%
Black 8.2%
Two or More 3.0%
Other 1.5%
Hispanic Subgroups (% of total pop.)
Mexican
1.0%
Cuban
0.8%
Puerto Rican
0.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$46,002
±$5,144
-$25,709 vs. state
Per Capita Income
$70,458
Median Family Income
$60,156
Poverty Rate
23.2%
+14.3 pp vs. state
Child Poverty Rate
38.6%
Working-Age Poverty Rate
—
SNAP Recipients
23.9%
Social Security Income
—
Retirement Income
22.0%
Household Income Distribution
< $10k
5.1%
$10–15k
5.1%
$15–25k
13.7%
$25–35k
15.1%
$35–50k
17.4%
$50–75k
14.1%
$75–100k
15.2%
$100–150k
9.7%
$150–200k
3.8%
$200k+
0.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
2,756
Owner-Occupied
68.6%
Renter-Occupied
31.4%
Vacancy Rate
22.0%
Median Home Value
$133,300
-$191,700 vs. state
Median Gross Rent
$962
Owner Cost Burden (30%+)
16.4%
Renter Cost Burden (30%+)
50.3%
Home Value Distribution
< $50k
19.4%
$50–100k
19.4%
$100–200k
17.1%
$200–300k
12.0%
$300–500k
1.6%
$500k–$1M
4.3%
Gross Rent Distribution
< $500
17.8%
$500–1k
34.9%
$1–1.5k
34.9%
$2–2.5k
12.4%
Vehicle Availability
No vehicle
3.8%
1 vehicle
46.7%
2 vehicles
24.1%
3+
25.5%
Housing Type
Single-fam. det.
51.8%
2–4 units
3.8%
20+ units
2.1%
Mobile home
38.0%
Housing Age
Pre-1940
8.3%
1940–1969
1.5%
1970–1999
14.0%
2000–2009
7.7%
2010+
4.5%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
83.3%
Bachelor's or Higher
9.7%
-23.5 pp vs. state
Graduate Degree
3.3%
Some College / Associate
21.3%
Less Than High School
2.6%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
53.1%
Unemployment Rate
5.4%
+0.6 pp vs. state
Work from Home
6.0%
Self-Employed
2.4%
Government Workers
15.5%
Private For-Profit
82.1%
Industry
Manufacturing
21.1%
Retail
19.3%
Edu/Health
10.3%
Arts/Entmt.
9.9%
Public Admin
9.7%
Construction
8.2%
Finance
7.3%
Prof. Services
5.0%
Transportation
5.0%
Agriculture
1.6%
Information
0.8%
Wholesale
0.7%
Occupation
Production
24.1%
Sales
24.0%
Management
22.9%
Food Prep
15.6%
Construction
13.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
29.4 min
Drove Alone
84.0%
Carpool
6.0%
Public Transit
0.0%
Work from Home
6.0%
Walked
0.9%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
2,149
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
42.0%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
16.3%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
4.2%
5–9
8.2%
10–14
1.5%
15–19
4.0%
20–24
3.5%
25–34
15.4%
35–44
8.1%
45–54
18.2%
55–64
6.7%
65–74
10.2%
75–84
11.4%
85+
7.2%
Under 18: 16.3%
Working age (18–64): 83.7%
65 and over: 19.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
0.6%
Naturalized Citizen
100.0%
Speaks English Less Than Very Well
0.0%
Veterans & Disability
Veteran
10.8%
With a Disability
24.4%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
88.0%
Uninsured
12.0%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
86.1%
Has a Computer
93.3%
Same House 1 Year Ago
88.3%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023