Panacea, Florida Population 2023

1,050

Panacea is a city located in Wakulla County Florida. Panacea has a 2023 population of 1,050. Panacea is currently declining at a rate of 0% annually and its population has decreased by 0% since the most recent census, which recorded a population of 0 in 2020.

The average household income in Panacea is $47,019 with a poverty rate of 21.62%. The median rental costs in recent years comes to - per month, and the median house value is -. The median age in Panacea is 46.6 years, 50.4 years for males, and 28.9 years for females.

Panacea Demographics

According to the most recent ACS, the racial composition of Panacea was:

  • White: 98.1%
  • Two or more races: 1.9%
  • Black or African American: 0%
  • Native American: 0%
  • Asian: 0%
  • Native Hawaiian or Pacific Islander: 0%
  • Other race: 0%
State
Florida
Land Area (mi²)
1.7 sq mi
Density (mi²)
629.60/sq mi
Growth Rate
0% (1,050)
0
The current population of Panacea, Florida is 1,050 based on our projections of the latest US Census estimates.

Panacea, Florida Population 2023

Population by Race

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White

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Other race

Panacea Population by Race

Panacea Population Pyramid 2023

Panacea Median Age

46.6

Total

50.4

Male

28.9

Female

Panacea Adults

There are 825 adults, (178 of whom are seniors) in Panacea.

Panacea Age Dependency

62.3

Age Dependency Ratio

27.5

Old Age Dependency Ratio

34.8

Child Dependency Ratio

Panacea Sex Ratio

Female46244%
Male58856%

Panacea Population by Age

Panacea Renter vs Owner Occupied by Household Type

3.35

Average Family Size

2.92

Average Household Size

80.6%

Rate of Home Ownership

Married

Male

Female

NonFamily

owner

renter

Panacea Households and Families

Male

Female

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Less Than 9th Grade

9th to 12th Grade

High School Graduate

Some College

Associates Degree

Bachelors Degree

Graduate Degree

Panacea Educational Attainment by Sex (over 25)

Panacea Educational Attainment by Race

High School Graduation Rate

Bachelors Rate

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The highest rate of high school graduation is among 2+ races people with a rate of 100%.

The highest rate of bachelors degrees is among 2+ races people with a rate of 100%.

Panacea Educational Attainment by Race

All

Male

Female

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$

Average Earnings

$

Average Male

$16,921

Average Female

Panacea Earnings by Educational Attainment

Panacea Language by Age

Only English

Spanish

Other Indo-European Languages

Asian and Pacific Island Languages

Other Languages

Panacea Language

98.98% of Panacea residents speak only English, while 1.02% speak other languages. The non-English language spoken by the largest group is Other Indo-European, which is spoken by 1.02% of the population.

Panacea Language

Panacea Poverty by Race

rate

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21.62%

Overall Poverty Rate

15.82%

Male Poverty Rate

29%

Female Poverty Rate

Poverty in Panacea

The race most likely to be in poverty in Panacea is White, with 28.2% below the poverty level.

The race least likely to be in poverty in Panacea is White, with 28.2% below the poverty level.

The poverty rate among those that worked full-time for the past 12 months was 16.14%. Among those working part-time, it was 28%, and for those that did not work, the poverty rate was 6.95%.

Panacea Poverty

rate

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Panacea Poverty Rate by Education

rate

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Panacea Poverty Rate by Employment Status and Sex

Panacea Income by Household Type

Households

Families

MarriedFamilies

NonFamilies

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mean

median

Income by Household Type

Panacea Marital Status

Married

Widowed

Divorced

Separated

NeverMarried

Marriage Rates

35.6%

Overall Marriage Rate

26.5%

Male Marriage Rate

47.4%

Female Marriage Rate

Panacea Married by Age and Sex

male

female

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

Married

Widowed

Divorced

Separated

NeverMarried

Panacea Marital Status

Second Gulf War

First Gulf War

Vietnam

Korea

World War II

12

Number of Veterans

12

Male Veterans

Female Veterans

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Panacea Veterans by War

count

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Panacea Veterans by Age

count

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Panacea Veterans by Race

Panacea Veterans by Education

Less Than 9th Grade

High School Graduate

Some College

Bachelors or Greater

100%

Veteran Poverty Rate

100%

Veteran Disability Rate

Panacea Veterans by Education

LaborForceParticipation

44.5%

Labor Force Participation

44.5%

Employment Rate

0%

Unemployment Rate

Panacea Employment by Age

LaborForceParticipation

Panacea Employment by Race

LaborForceParticipation

Panacea Employment by Education

Origin of Non-Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

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

Origin of Naturalized Citizens

Europe

Asia

Africa

Oceania

Latin America

North America

0%

Born in Panacea

0%

Native Born

0%

Foreign Born

0%

Non Citizen

0%

Naturalized

Place of Birth

0% of Panacea residents were born in the United States, with 0% having been born in Florida. 0% 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: data after 2021 is projected based on recent change

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Panacea Population by Year