Panacea

Population: 1,039
Median household income: $36,332

Panacea, a community in Wakulla County, Florida, has 1,039 residents. The median household income of $36,332 is below the Wakulla County median ($74,183).

From 2019 to 2023, Panacea's population grew 14.2% from 910 to 1,039.

The median resident is 46.7 years old. The largest age group is 65 to 74, 19.5% of residents.

Demographics

ACS 2019–2023

Population: 1,039
Median age: 46.7 yrs
Median household income: $36,332
Median home value: —
Median gross rent: —
Housing units: 553
Homeownership rate: 75.5%
Bachelor's degree or higher: 20.5%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

9101,039

Median household income

$26,667$36,332

Median home value

$76,000$102,100

Year	Population	Median household income	Median home value	Median gross rent
2019	910	—	$76,000	—
2020	744	$26,667	$88,100	—
2021	1,050	$31,976	$100,700	$1,270
2022	1,152	$36,250	$102,100	—
2023	1,039	$36,332	—	—

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 512.2%

5 to 179.5%

18 to 249.3%

25 to 349.7%

35 to 444.3%

45 to 5413.2%

55 to 6416.0%

65 to 7419.5%

75 and over6.2%

	Count	Share
Under 5	127	12.2%
5 to 17	99	9.5%
18 to 24	97	9.3%
25 to 34	101	9.7%
35 to 44	45	4.3%
45 to 54	137	13.2%
55 to 64	166	16.0%
65 to 74	203	19.5%
75 and over	64	6.2%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,005	96.7%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	34	3.3%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma22.9%

High school graduate52.0%

Some college or associate's4.6%

Bachelor's degree8.7%

Graduate or professional degree11.9%

	Count	Share
No high school diploma	164	22.9%
High school graduate	372	52.0%
Some college or associate's	33	4.6%
Bachelor's degree	62	8.7%
Graduate or professional degree	85	11.9%

Commute to work

Drove alone21.7%

Carpooled31.1%

Public transit0.0%

Walked17.7%

Bicycle0.0%

Worked from home0.0%

Other means29.5%

How workers get to work

	Count	Share
Drove alone	55	21.7%
Carpooled	79	31.1%
Public transit	0	0.0%
Walked	45	17.7%
Bicycle	0	0.0%
Worked from home	0	0.0%
Other means	75	29.5%

Travel time

	Count	Share
Under 15 min	103	40.6%
15 to 29 min	76	29.9%
30 to 44 min	75	29.5%
45 to 59 min	0	0.0%
60+ min	0	0.0%

Households

Average household size: 2.99
Poverty rate: 24.2% (251 of 1,039)

	Count	Share
Family households	315	90.8%
Nonfamily households	32	9.2%

Housing

Median year structure built: 1981

Occupancy

	Count	Share
Occupied	347	62.7%
Vacant	206	37.3%

Tenure (of occupied units)

	Count	Share
Owner-occupied	262	75.5%
Renter-occupied	85	24.5%

1-unit, detached47.4%

1-unit, attached2.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other50.6%

Units in structure

	Count	Share
1-unit, detached	262	47.4%
1-unit, attached	11	2.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	280	50.6%

Geography

Place GEOID: 1254625
Type (LSAD): 57
Land area: 1.67 sq mi
Water area: 0.11 sq mi
Center point: 30.0264, -84.3926