Panacea, FL Profile: Facts & Data

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Panacea, Florida - Basic Facts

The Panacea Census Designated Place had a population of 997 as of July 1, 2018. 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.


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  1. Panacea 2018 Demographic Data
  2. Growth Rates for Panacea (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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Panacea, FL Data & Demographics (As of July 1, 2018)

POPULATION

Total Population 997
Population in Households 997
Population in Familes 769
Population in Group Qrtrs 0
Population Density2 598
Diversity Index3 14
 

INCOME

Median Household Income $44,270
Average Household Income $66,864
Per Capita Income $28,823

HOUSING

Total Housing Units 628 (100%)
Owner Occupied HU 261 (41.6%)
Renter Occupied HU 152 (24.2%)
Vacant Housing Units 215 (34.2%)
Median Home Value $145,833
Average Home Value $236,877
 

HOUSEHOLDS

Total Households 413
Average Household Size 2.41
Family Households 257
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 2.46% 2.17%
Households 2.28% 2.13%
Families 2.36% 2.09%
Median Household Income   4.16%
Per Capita Income   4.43%

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, 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 # 749 19th
Population Density # 686 25th
Diversity Index # 862 6th
Median Household Income # 584 37th
Per Capita Income # 404 56th

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

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