Lake Panasoffkee is a CDP located in Sumter County, Florida. Lake Panasoffkee has a 2026 population of 4,750. Lake Panasoffkee is currently growing at a rate of 1.6% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.
The median household income in Lake Panasoffkee is $44,531 with a poverty rate of 30.45%. The median age in Lake Panasoffkee is 46.5 years: 47 years for males, and 45.5 years for females. For every 100 females there are 84.2 males.
Data after 2023 is projected based on recent change
Overall: 46.5 years
Female: 45.5 years
Male: 47 years
There are 3,892 adults, (925 of whom are seniors) in Lake Panasoffkee.
Female: 2,589 (54.3%)
Male: 2,179 (45.7%)
The racial composition of Lake Panasoffkee includes 88.11% White, 5.49% Black or African American, and smaller percentages for other race, Native American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 4,201 | 88.11% |
| Black or African American | 262 | 5.49% |
| Two or more races | 182 | 3.82% |
| Other race | 107 | 2.24% |
| Native American | 16 | 0.34% |
Lake Panasoffkee 's average per capita income is $40,430. Household income levels show a median of $44,531. The poverty rate stands at 30.45%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $82,658 | - |
| Families | $55,583 | $66,238 |
| Households | $44,531 | $55,055 |
| Non Families | $31,107 | $35,621 |
Average Income
Median Household Income
Poverty Rate