Lake Panasoffkee vs The Villages

A side-by-side comparison of Lake Panasoffkee and The Villages: population, income, housing, and more.

Lake Panasoffkee and The Villages are places in Florida. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

The Villages has the higher population (82,108 vs 4,525 in Lake Panasoffkee). The Villages has the higher median household income ($76,523 vs $46,002 in Lake Panasoffkee). The Villages has the higher median home value ($375,100 vs $133,300 in Lake Panasoffkee).

Population, income & housing

	Lake Panasoffkee	The Villages
Population	4,525	82,108
Median age	48.9 yrs	73.6 yrs
Median household income	$46,002	$76,523
Median home value	$133,300	$375,100
Median gross rent	$962	$1,541
Housing units	2,756	56,329
Homeownership rate	68.6%	94.2%
Bachelor's degree or higher	9.7%	42.9%
Unemployment rate	5.4%	4.2%

Trends (ACS 5-year, 2019–2023)

	Lake Panasoffkee	The Villages
Population	3,197 → 4,525 (+41.5%)	79,372 → 82,108 (+3.4%)
Median household income	$35,842 → $46,002 (+28.3%)	$63,841 → $76,523 (+19.9%)
Median home value	$80,700 → $133,300 (+65.2%)	$280,300 → $375,100 (+33.8%)
Median gross rent	$838 → $962 (+14.8%)	$1,683 → $1,541 (-8.4%)

Lake Panasoffkee

Population

3,1974,525

Median household income

$35,842$46,002

Median home value

$80,700$133,300

Median gross rent

$838$962

The Villages

Population

79,37282,108

Median household income

$63,841$76,523

Median home value

$280,300$375,100

Median gross rent

$1,683$1,541

Age & race/ethnicity

Age distribution (share)

	Lake Panasoffkee	The Villages
Under 5	4.2%	0.2%
5 to 17	12.0%	0.2%
18 to 24	5.2%	0.3%
25 to 34	15.4%	0.7%
35 to 44	8.1%	1.0%
45 to 54	18.2%	2.1%
55 to 64	17.0%	10.3%
65 to 74	11.4%	43.1%
75 and over	8.5%	42.2%

Race & ethnicity (share)

	Lake Panasoffkee	The Villages
White (non-Hispanic)	85.9%	95.7%
Black or African American	8.2%	0.7%
American Indian & Alaska Native	0.8%	0.0%
Asian	0.0%	1.2%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	1.0%	0.0%
Two or more races	0.3%	0.7%
Hispanic or Latino	3.8%	1.6%

Educational attainment (age 25+)

Share of adults 25+

	Lake Panasoffkee	The Villages
No high school diploma	16.7%	2.4%
High school graduate	42.9%	23.1%
Some college or associate's	30.7%	31.7%
Bachelor's degree	6.4%	25.2%
Graduate or professional degree	3.3%	17.7%

Commute to work

How workers get to work (share)

	Lake Panasoffkee	The Villages
Drove alone	84.0%	55.8%
Carpooled	6.0%	2.6%
Public transit	0.0%	0.1%
Walked	0.9%	1.5%
Bicycle	0.6%	0.0%
Worked from home	6.0%	29.7%
Other means	2.5%	10.3%

Housing

Units in structure (share)

	Lake Panasoffkee	The Villages
1-unit, detached	51.8%	95.8%
1-unit, attached	0.0%	0.6%
2 to 4 units	5.8%	0.0%
5 to 19 units	0.0%	0.1%
20 or more units	2.1%	2.7%
Mobile home & other	40.4%	0.8%

Poverty & households

	Lake Panasoffkee	The Villages
Poverty rate	26.2%	4.3%
Average household size	2.11	1.74
Mean commute (minutes)	29	21
Median year structure built	1980	2007