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 and multiracial populations.

Population by Race

Race
Population
Percentage (of total)
White1,00596.73%
Two or more races343.27%

Panacea Marital Status

OverallMalesFemales0%10%20%30%40%50%60%70%80%90%100%

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

Nearby Cities

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)