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Lake Panasoffkee, FL

Comprehensive demographics, housing data, local amenities, and economic statistics for Lake Panasoffkee.

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Community Insights

Veteran Community
10% of residents
top 14% nationally
Leading Industries
Construction · Wholesale Trade · Agriculture & Mining
6% construction
Home Value Growth
+4.9% over 2 years
Retirees
23% of residents
slightly above average
Homeowners
71% of occupied units

People & Demographics

Total Population4,881
Households
Under 18
19.0%
Age 18–34
25.0%
Age 35–64
34.0%
Age 65+
23.0%
Veterans
10.0%
Active Duty
0.0%

Housing & Living

Median Home Value$178,186
Median Gross Rent$1,059/mo
Owner Occupied
70.7%
Renter Occupied
29.3%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$49,974
Poverty Rate

Key Industries

Healthcare8.0%
Professional Services1.0%
Manufacturing0.0%
Retail12.0%
Education1.0%

Amenities & Transit

Transit Score68 / 100
Walkability / Amenities62 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
12.0%
Master's or Higher
6.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Lake Panasoffkee?

The total population of Lake Panasoffkee is approximately 4,881. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Lake Panasoffkee walkable and transit-friendly?

Based on local geographic data, Lake Panasoffkee has an amenity and walkability score of 62/100 and a transit score of 68/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Lake Panasoffkee?

The housing market in Lake Panasoffkee is predominantly driven by homeowners, with 71% of housing units being owner-occupied and 29% being renter-occupied.

What is the education level of residents in Lake Panasoffkee?

In Lake Panasoffkee, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 6% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.