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Panacea, FL

Full City Profile · Florida · Wakulla County County

2.1 /5.0
C Fair
1,039 Population 622/sq mi density
$36,332 Median Income $14,216 per capita
68°F Avg Temperature 306 sunny days/yr
215 Violent Crime/100K 2,468 property/100K
C
Overall
2.1 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.8 / 5.0
$36,332 median income, 0.0% unemployment
F
Safety
1.0 / 5.0
215 violent crimes/100K
C+
Education
2.6 / 5.0
20.5% bachelor's degree or higher

Income Overview

Median Household Income
$36,332
52% below
US avg: $75,149
Per Capita Income
$14,216
64% below
US avg: $39,052
Unemployment Rate
0.0%
100% below
US avg: 3.6%
Poverty Rate
25.1%
102% above
US avg: 12.4%

Income Comparison: Panacea vs. U.S. Average

Each bar shows Panacea’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$36,332
48%
Per Capita
US: $39,052
$14,216
36%
IRS Avg AGI
US: $72,000
$67,374
94%
Avg Weekly Wage
US: $1,432
$934
65%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$934
35% below US avg ($1,432)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
21.7%
70% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,161M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 21.7%
Public Transit 0%
Work From Home 0%
Other 78.3%

Business Landscape

Total Establishments
634
Restaurants
47
Healthcare
38
Retail
82
Manufacturing
9

Tax & Financial

IRS Avg Adjusted Gross Income
$67,374
6% below US avg ($72,000)
Avg Property Tax
$3,855
10% above US avg ($3,500)
Cost of Living Index
103.4
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$36,332
Per Capita Income$14,216
IRS Avg Adjusted Gross Income$67,374
Avg Weekly Wage$934
County GDP$1,161M

Hardship Indicators

Unemployment Rate0.0%
Poverty Rate25.1%
Gini Coefficient0.406
Cost of Living Index103.4

Commute

Drive Alone21.7%
Public Transit0.0%
Work From Home0.0%

Businesses

Total Establishments634
Restaurants47
Healthcare38
Retail82
Manufacturing9

Tax

IRS Avg AGI$67,374
Avg Property Tax$3,855