Panacea Flag

Panacea

County:
Wakulla County
County Seat:
No
Area (mi²):
1.668
State:
Florida

Panacea is a CDP located in Wakulla County, Florida. Panacea has a 2025 population of 1,236. Panacea is currently growing at a rate of 2.32% annually and its population has increased by 66.13% since the most recent census, which recorded a population of 744 in 2020.

The average household income in Panacea is $41,778 with a poverty rate of 24.16%. The median age in Panacea is 46.7 years: 55.4 years for males, and 28.6 years for females.

1.2K
Total Population
741
Density (mi²)
28 2.32%
Growth

Panacea Population

Panacea Population

Data after 2023 is projected based on recent change

Demographics

The racial composition of Panacea includes 96.73% White, and smaller percentages for Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander, other race and multiracial populations.

Population by Race

White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Race
Population
Percentage (of total)
White1,00596.73%
Two or more races343.27%
Black or African American00%
Native American00%
Asian00%
Native Hawaiian or Pacific Islander00%
Other race00%

Panacea Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Panacea's average per capita income is $15,791. Household income levels show a median of $36,332. The poverty rate stands at 24.16%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.
Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.
Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.
Name
Median
Mean
Married Families$57,990-
Households$36,332$41,778
Families$35,893$41,797
Non Families--

$15,791

Average Income

$36,332

Median Household Income

24.16%

Poverty Rate

Sources

  1. US Census State Population Estimates - Most recent state estimates from the Census Bureau's Population Estimates Program
  2. US Census County Population Estimates - Most recent county estimates from the Census Bureau's Population Estimates Program
  3. American Community Survey (2009 - 2013)
  4. Census QuickFacts
  5. Historical Populations of States and Counties (1790 - 1990)