Panacea, FL Profile: Facts, Map & Data

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Panacea, Florida - Basic Facts

The Panacea Census Designated Place had a population of 953 as of July 1, 2017. 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, 2017.


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



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Boundary Maps: West Wakulla CCD | Wakulla County | Florida Counties

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Panacea, FL Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 953
Daytime Population: Workers 219
Daytime Population: Residents 678
Total Daytime Population (TDP) 897
Ratio TDP/Total Population1 0.94
Population in Households 953
Population in Familes 740
Population in Group Qrtrs 0
Population Density2 572
Diversity Index3 15
 

INCOME

Median Household Income $46,296
Average Household Income $59,495
Per Capita Income $25,843

HOUSING

Total Housing Units 606 (100%)
Owner Occupied HU 262 (43.2%)
Renter Occupied HU 137 (22.6%)
Vacant Housing Units 208 (34.3%)
Median Home Value $143,243
Average Home Value $212,216
 

HOUSEHOLDS

Total Households 398
Average Household Size 2.39
Family Households 248
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 2.16% 1.72%
Households 2.07% 1.75%
Families 2.19% 1.71%
Median Household Income   2.9%
Per Capita Income   3.72%

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, 2017 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 # 754 18th
Population Density # 694 25th
Diversity Index # 859 7th
Median Household Income # 488 47th
Per Capita Income # 468 49th

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

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