Lake Panasoffkee is a CDP located in Sumter County, Florida. Lake Panasoffkee has a 2025 population of 4,328. Lake Panasoffkee is currently growing at a rate of 1.19% annually and its population has increased by 6.89% since the most recent census, which recorded a population of 4,049 in 2020.
The average household income in Lake Panasoffkee is $59,604 with a poverty rate of 26.24%.The median age in Lake Panasoffkee is 48.9 years: 47.6 years for males, and 49.5 years for females.
Data after 2023 is projected based on recent change
The racial composition of Lake Panasoffkee includes 86.43% White, 8.24% Black or African American, and smaller percentages for Two or more races, other race, Native American and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 3,911 | 86.43% |
Black or African American | 373 | 8.24% |
Two or more races | 135 | 2.98% |
Other race | 69 | 1.52% |
Native American | 37 | 0.82% |
Married
Widowed
Divorced
Separated
Never Married
Lake Panasoffkee's average per capita income is $43,131. Household income levels show a median of $46,002. The poverty rate stands at 26.24%.
Name | Median | Mean |
---|---|---|
Married Families | $80,170 | - |
Families | $60,156 | $67,767 |
Households | $46,002 | $59,604 |
Non Families | $31,212 | $42,510 |
Average Income
Median Household Income
Poverty Rate