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Lake Panasoffkee, FL
Full City Profile · Florida · Sumter County County
2.7
/5.0
C+
Fair
4,525
Population
1,052/sq mi density
$46,002
Median Income
$28,837 per capita
$133,300
Home Value
$209,001 Zillow
$962
Median Rent
35.1% income on rent
70°F
Avg Temperature
319 sunny days/yr
728
Violent Crime/100K
2,594 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$46,002 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$133,300 home value, $962/mo rent
F
Safety
1.0 / 5.0
728 violent crimes/100K (92% above avg)
D
Education
1.8 / 5.0
9.7% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
+35.3%
3,344 → 4,525
over 10 years
Annual Pop. Growth
+3.07%
Compound annual growth rate
Median Income Change
+42.3%
$32,329 → $46,002
nominal, not inflation-adjusted
Annual Income Growth
+3.59%
Compound annual growth rate
Population Over Time
Total population for Lake Panasoffkee across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
5,592
+1,067 from 2023 (4,525)
Projected Median Income 2030
$58,885
+$12,883 from 2023 ($46,002)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 3,344 | — | $32,329 | — |
| 2015 | 3,311 | -1% | $35,909 | +11.1% |
| 2017 | 3,170 | -4.3% | $33,689 | -6.2% |
| 2019 | 3,197 | +0.9% | $35,842 | +6.4% |
| 2021 | 3,631 | +13.6% | $36,597 | +2.1% |
| 2023 | 4,525 | +24.6% | $46,002 | +25.7% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.