Lake Panasoffkee, FL Profile: Facts & Data

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Lake Panasoffkee, Florida - Basic Facts

The Lake Panasoffkee Census Designated Place had a population of 3,999 as of July 1, 2018. Lake Panasoffkee ranks in the lower quartile for 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 Lake Panasoffkee is located at latitude 28.7835 and longitude -82.1353 in Sumter County. The formal boundaries for the Lake Panasoffkee Census Designated Place (see map below) encompass a land area of 3.96 sq. miles and a water area of 0.25 sq. miles. Sumter County is in the Eastern time zone (GMT -5). The elevation is 59 feet.

The Lake Panasoffkee Census Designated Place (GNIS ID: 2403202) 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 Lake Panasoffkee Census Designated Place is located within Bushnell-Center Hill CCD of Sumter County.

Alternate Unofficial Names for Lake Panasoffkee: Panasoffkee, Panasofkee.

Jump to... (On This Page!)
  1. Lake Panasoffkee 2018 Demographic Data
  2. Growth Rates for Lake Panasoffkee (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2018 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2018, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake Panasoffkee, FL Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 3,999
Population in Households 3,999
Population in Familes 3,018
Population in Group Qrtrs 0
Population Density2 1,009
Diversity Index3 19
 

INCOME

Median Household Income $35,775
Average Household Income $51,224
Per Capita Income $23,578

HOUSING

Total Housing Units 2,621 (100%)
Owner Occupied HU 1,453 (55.4%)
Renter Occupied HU 410 (15.6%)
Vacant Housing Units 758 (28.9%)
Median Home Value $133,746
Average Home Value $209,143
 

HOUSEHOLDS

Total Households 1,863
Average Household Size 2.15
Family Households 1,168
Average Family Size 3
NOTES
  1. Demographics are point estimates for July 1st of the current year and each for the forecast years. See References for more information.
  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

2010-2018 2018-2023
Population 1.45% 3.0%
Households 1.8% 3.09%
Families 1.86% 3.01%
Median Household Income   3.01%
Per Capita Income   3.88%

Lake Panasoffkee, FL - Peer Comparisons by Rank and Percentile

The table below compares Lake Panasoffkee to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2018 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 # 517 44th
Population Density # 585 36th
Diversity Index # 805 13th
Median Household Income # 778 15th
Per Capita Income # 587 36th

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