Panacea, FL Profile: Facts, Map & Data

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Panacea, Florida - Basic Facts

The Panacea Census Designated Place had a population of 914 as of July 1, 2016. Panacea ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Panacea is located at latitude 30.0264 and longitude -84.3926 in Wakulla County. The formal boundaries for the Panacea Census Designated Place (see map below) encompass a land area of 1.67 sq. miles and a water area of 0.11 sq. miles. Wakulla County is in the Eastern time zone (GMT -5). The elevation is 7 feet.

The Panacea Census Designated Place (GNIS ID: 2628528) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Panacea Census Designated Place is located within West Wakulla CCD of Wakulla County.

Beneath the boundary map are tables with Panacea population, income and housing data, five-year growth projections and peer comparisons for key demographic data. The estimates are for July 1, 2016.


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.

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Panacea Census Designated Place, FL Boundary Map



Also See: BIG Map | Driving Directions | FL Congressional Districts
Boundary Maps: West Wakulla CCD | Wakulla County | Florida Counties

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Panacea, FL Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 914
Population in Households 914
Population in Familes 710
Population in Group Qrtrs 0
Population Density1 548
Diversity Index2 15
 

HOUSEHOLDS

Total Households 382
Average Household Size 2.39
Family Households 237
Average Family Size 3

HOUSING

Total Housing Units 583 (100%)
Owner Occupied HU 251 (43.1%)
Renter Occupied HU 131 (22.5%)
Vacant Housing Units 201 (34.5%)
Median Home Value $123,276
Average Home Value $200,000
 

INCOME

Median Household Income $43,075
Average Household Income $55,440
Per Capita Income $24,098
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 1.83% 1.3%
Households 1.74% 1.28%
Families 1.8% 1.23%
Median Household Income   3.03%
Per Capita Income   0.88%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Panacea, FL - Peer Comparisons by Rank and Percentile

The table below compares Panacea to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 753 18th
Population Density1 # 694 25th
Diversity Index2 # 854 7th
Median Household Income # 515 44th
Per Capita Income # 496 46th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.