Panacea is a CDP located in Wakulla County, Florida. Panacea has a 2025 population of 1,236. Panacea is currently growing at a rate of 2.32% annually and its population has increased by 66.13% since the most recent census, which recorded a population of 744 in 2020.
The average household income in Panacea is $41,778 with a poverty rate of 24.16%.The median age in Panacea is 46.7 years: 55.4 years for males, and 28.6 years for females.
Data after 2023 is projected based on recent change
The racial composition of Panacea includes 96.73% White, and smaller percentages for and multiracial populations.
Race | Population | Percentage (of total) |
---|---|---|
White | 1,005 | 96.73% |
Two or more races | 34 | 3.27% |
Married
Widowed
Divorced
Separated
Never Married
Panacea's average per capita income is $15,791. Household income levels show a median of $36,332. The poverty rate stands at 24.16%.
Name | Median | Mean |
---|---|---|
Married Families | $57,990 | - |
Households | $36,332 | $41,778 |
Families | $35,893 | $41,797 |
Non Families | - | - |
Average Income
Median Household Income
Poverty Rate