Panacea, Florida Population 2022

719
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Panacea is a city located in Wakulla County Florida. With a 2020 population of 719, it is the 776th largest city in Florida and the 16957th largest city in the United States. Panacea is currently declining at a rate of -1.10% annually and its population has decreased by -3.36% since the most recent census, which recorded a population of 744 in 2020. Spanning over 2 miles, Panacea has a population density of 431 people per square mile.

The average household income in Panacea is $46,077 with a poverty rate of 31.85%. The median rental costs in recent years comes to - per month, and the median house value is $88,100. The median age in Panacea is 46.5 years, 51.7 years for males, and 29 years for females.

Panacea Demographics

According to the most recent ACS, the racial composition of Panaceawas:

  • White: 100.00%
  • Black or African American: 0.00%
  • Native American: 0.00%
  • Asian: 0.00%
  • Native Hawaiian or Pacific Islander: 0.00%
  • Other race: 0.00%
  • Two or more races: 0.00%
The current population of Panacea, Florida is 719 based on our projections of the latest US Census estimates.The last official US Census in 2020 recorded the population at 744.

Panacea, Florida Population 2022

Population by Race

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Panacea Population by Race

Panacea Population Pyramid 2022

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Panacea Median Age

28.7


Total

45.4


Male

28.6


Female

Panacea Adults

There are 531 adults, (134 of whom are seniors) in Panacea.

Panacea Age Dependency

Age Dependency Ratio

33.8

Old Age Dependency Ratio

53.7

Child Dependency Ratio

Panacea Sex Ratio

Female

323

43.41%

Male

421

56.59%

Panacea Population by Age

Panacea Renter vs Owner Occupied by Household Type

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Panacea Household Types

95.8%

Rate of Home Ownership

Panacea Households and Families

3.31

Average Family Size

2.62

Average Household Size

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Panacea Households by Type

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Panacea Educational Attainment by Sex (over 25)

Panacea Educational Attainment by Race

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The highest rate of high school graduation is among white people with a rate of 67.70%.

The highest rate of bachelors degrees is among white people with a rate of 0.00%.

Panacea Educational Attainment by Race

Panacea Language by Age

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Panacea Language

97.93% of Panacea residents speak only English, while 2.07% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 2.07% of the population.

Panacea Language

Panacea Poverty by Race

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31.85%

Overall Poverty Rate

22.57%

Male Poverty Rate

43.96%

Female Poverty Rate

Poverty in Panacea

The race most likely to be in poverty in Panacea is White, with 31.85% below the poverty level.

The race least likely to be in poverty in Panacea is Other, with NaN% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 20.64%. Among those working part-time, it was 32.86%, and for those that did not work, the poverty rate was 19.75%.

Panacea Poverty

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Panacea Poverty Rate by Education

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Panacea Poverty Rate by Employment Status and Sex

Panacea Income by Household Type

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Income by Household Type

Panacea Marital Status

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Marriage Rates

46.5%

Overall Marriage Rate

35.7%

Male Marriage Rate

61.1%

Female Marriage Rate

Panacea Married by Age and Sex

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Panacea Marriage

The age group where males are most likely to be married is 45-54, while the female age group most likely to be married is 45-54.

Panacea Marital Status by Race

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Panacea Marital Status

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46

Number of Veterans

Male Veterans

Female Veterans

Panacea Veterans by War

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Panacea Veterans by Age

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Panacea Veterans by Race

Panacea Veterans by Education

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56.52%

Veteran Poverty Rate

56.52%

Veteran Disability Rate

Panacea Veterans by Education

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54.2%

Labor Force Participation

54.2%

Employment Rate

0%

Unemployment Rate

Panacea Employment by Age

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Panacea Employment by Race

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Panacea Employment by Education

Origin of Non-Citizens

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Non citizens include legal permanent residents (green card holders), international students, temporary workers, humanitarian migrants, and illegal immigrants.

Origin of Naturalized Citizens

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58.47%

Born in Panacea

100.00%

Native Born

0.00%

Foreign Born

0.00%

Non Citizen

0.00%

Naturalized

Place of Birth

100.00% of Panacea residents were born in the United States, with 58.47% having been born in Florida. 0.00% of residents are not US citizens. Of those not born in the United States, the largest percentage are from Europe.

Panacea Place of Birth

Note: 2021 and 2022 data is projected

Panacea Population by Year