Lake Panasoffkee, FL

Full City Profile · Florida · Sumter County County

3.1 /5.0
B Good
4,525 Population 1,052/sq mi density
$46,002 Median Income $28,837 per capita
$133,300 Home Value $209,055 Zillow
$962 Median Rent 35.1% income on rent
70°F Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.5 / 5.0
$46,002 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$133,300 home value, $962/mo rent
D
Education
1.8 / 5.0
9.7% bachelor's degree or higher

Population Overview

Total Population
4,525
Census 2023
Population Density
1,052
per square mile
Land Area
4.0
square miles (10.3 km²)
Median Age
48.9 yrs
26% above US avg (38.9 yrs)

Gender Distribution

47.2%
Male
52.8%
Female
47%
53%

Race & Ethnicity

White 86.4% US: 61.6%
Black 8.2% US: 12.4%
Hispanic 3.8% US: 18.7%
Asian 0% US: 5.9%
Other 1.6%
City vs. U.S. Average
White
86.4%
Black
8.2%
Hispanic
3.8%
Asian
0%
Thin line = U.S. average

Language Spoken at Home

English Only 99.8% US: 78.5%
Spanish 2.7% US: 13.4%
City vs. U.S. Average
English Only
99.8%
Spanish
2.7%
Thin line = U.S. average

Social Characteristics

Foreign Born
0.6%
Veterans
10.8%
80% above US avg (6%)
Disability
24.4%
88% above US avg (13%)
Health Insurance Coverage
88.0%
4% below US avg (91.4%)
Uninsured
12.0%
40% above US avg (8.6%)
Income Inequality (Gini)
0.423
US avg: 0.490 (0 = perfect equality, 1 = max inequality)

Complete Demographics Data

Population

Total Population4,525
Population Year2023
Population Density1,052 / sq mi
Land Area4.0 sq mi
Median Age48.9 years

Gender

Male47.2%
Female52.8%

Race & Ethnicity

White86.4%
Black or African American8.2%
Hispanic or Latino3.8%
Asian0.0%

Language

English Only99.8%
Spanish2.7%

Social Indicators

Foreign Born0.6%
Veterans10.8%
Disability24.4%
Health Insurance88.0%
Uninsured12.0%
Broadband Access86.1%
Gini Coefficient0.423

Classification

USDA Rural-Urban Code3, Metro / under 250K