Panacea CDP, Florida Demographics & Population 2026

Population Overview

Panacea CDP is a small community located in Florida. The total population is 1,039. It ranks as the 776th most populous out of 953 cities and towns in Florida.

Age Demographics

The median age in Panacea CDP is 46.7 years. This is 10% higher than the state median of 42.6 years.

Economy, Income & Housing

The median household income in Panacea CDP is $36,332. This is 49% lower than the state median of $71,711. Compared to the national median of $78,538, household income here is 54% lower. The poverty rate stands at 24.2%. This is 91% higher than the state poverty rate of 12.6%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.8%. 75.5% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 67.3%.

Race & Ethnicity

Panacea CDP has a predominantly White (non-Hispanic) population, comprising 96.7% of all residents. The White (non-Hispanic) population is significantly higher than the state average (96.7% vs 51.4%).

Education

20.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 33.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 77.1%.

Data Sources & Methodology

All demographic data for Panacea CDP, Florida is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Florida state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 953 Census-designated places in Florida. For official data, visit data.census.gov.