Panacea, FL

Census Place

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2023 Population
1,039
9.81% 1-year decline
US Senator
Rick Scott
Republican Party
US Senator
Ashley Moody
Republican Party
2023 Median Age
46.7
0% 1-year change
2023 Poverty Rate
24.2%
2.69% 1-year increase
2023 Median Household Income
$36,332
0.226% 1-year growth
2023 Employed Population
299
31.4% 1-year decline

About

In 2023, Panacea, FL had a population of 1.04k people with a median age of 46.7 and a median household income of $36,332. Between 2022 and 2023 the population of Panacea, FL declined from 1,152 to 1,039, a −9.81% decrease and its median household income grew from $36,250 to $36,332, a 0.226% increase.

The 5 largest ethnic groups in Panacea, FL are White (Non-Hispanic) (96.7%), Two Races Excluding Other, & Three or More Races (Non-Hispanic) (3.27%), Black or African American (Non-Hispanic) (0%), American Indian & Alaska Native (Non-Hispanic) (0%), and Asian (Non-Hispanic) (0%).

None of the households in Panacea, FL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

100% of the residents in Panacea, FL are U.S. citizens.

Population & Diversity

Panacea, FL is home to a population of 1.04k people, from which 100% are citizens. As of 2023, 0% of Panacea, FL residents were born outside of the country (0 people).

In 2023, there were 29.6 times more White (Non-Hispanic) residents (1.01k people) in Panacea, FL than any other race or ethnicity. There were 34 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Citizenship

100%
2023 Citizenship
100%
2022 Citizenship

As of 2023, 100% of Panacea, FL residents were US citizens, which is higher than the national average of 93.4%. In 2022, the percentage of US citizens in Panacea, FL was 100%, meaning that the rate of citizenship has been maintaining.

The following chart shows US citizenship percentages in Panacea, FL compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

The 3 largest ethnic groups in Panacea, FL
  1. White (Non-Hispanic)
    1.01k ± 407
  2. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
    34 ± 46
  3. Black or African American (Non-Hispanic)
    0 ± 15

In 2023, there were 29.6 times more White (Non-Hispanic) residents (1.01k people) in Panacea, FL than any other race or ethnicity. There were 34 Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 0 Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

The following chart shows the 8 races represented in Panacea, FL as a share of the total population.

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Veterans

Most Common Service Period
  1. Gulf War (1990s)
    11 ± 24
  2. Vietnam
    9 ± 25
  3. Korea
    0 ± 21

Panacea, FL has a large population of military personnel who served in Gulf War (1990s), 1.22 times greater than any other conflict.

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Economy

The economy of Panacea, FL employs 299 people. In 2023, the largest industries in Panacea, FL were Health Care & Social Assistance (103 people), Educational Services (75 people), and Retail Trade (45 people), and the highest paying industries were Educational Services, & Health Care & Social Assistance ($15,443), Agriculture, Forestry, Fishing & Hunting, & Mining ($N/A), and Health Care & Social Assistance ($N/A).

Occupations

299
2023 Value
± 196
−31.4%
1 Year decline
± 128%

From 2022 to 2023, employment in Panacea, FL declined at a rate of −31.4%, from 436 employees to 299 employees.

The most common job groups, by number of people living in Panacea, FL, are Food Preparation & Serving Related Occupations (120 people), Building & Grounds Cleaning & Maintenance Occupations (79 people), and Sales & Related Occupations (45 people). This chart illustrates the share breakdown of the primary jobs held by residents of Panacea, FL.

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Unemployment Insurance Claims

Data is only available at the state level. Showing data for Florida.

This chart shows weekly unemployment insurance claims in Florida (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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Employment by Industries

299
2023 Value
± 196
−31.4%
1 Year decline
± 128%

From 2022 to 2023, employment in Panacea, FL declined at a rate of −31.4%, from 436 employees to 299 employees.

The most common employment sectors for those who live in Panacea, FL, are Health Care & Social Assistance (103 people), Educational Services (75 people), and Retail Trade (45 people). This chart shows the share breakdown of the primary industries for residents of Panacea, FL, though some of these residents may live in Panacea, FL and work somewhere else. Census data is tagged to a residential address, not a work address.

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Median Earnings by Industry

$8,517
Median earning men ± $1,918
$17,342
Median earning women ± $12,496

The industries with the best median earnings for men in 2023 are Public Administration ($N/A), Other Services Except Public Administration ($N/A), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($N/A).

The industries with the best median earnings for women in 2023 are Public Administration ($N/A), Other Services Except Public Administration ($N/A), and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($N/A).

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Employment by Industry Sector

Data is only available at the state level. Showing data for Florida.
Y-Axis
4.23%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 9.69M people employed in Florida. This represents a 4.23% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 12.6%.

The following chart shows monthly employment numbers for each industry sector in Florida.

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Civics

In the 2024 presidential election, the popular vote in Florida went to Donald J. Trump with 56.1% of the vote. The runner-up was Kamala Harris (43%), followed by Jill Stein (0.396%).

Rick Scott and Ashley Moody are the senators currently representing the state of Florida. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Florida is currently represented by 26 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

US Senators from Florida

Senatorial voting results are only available at the state level. Showing data for Florida.
Rick Scott
Senator from Florida1
Assumed office on January 8, 2019
Inauguration delayed in order to finish his term as Governor of Florida.
Ashley Moody
Senator from Florida2
Assumed office on January 21, 2025
While elections for full class 3 terms will take place in 2028, Florida will hold a special election in 2026 to elect a senator to complete the remainder of Marco Rubio's term.

Rick Scott and Ashley Moody are the senators currently representing Florida.

In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

The following chart shows elected senators in Florida over time, excluding special elections, colored by their political party.

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US Representatives from Florida

Florida is currently represented by 26 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Florida have changed over time starting in 2008.

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Education

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

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Educational Pyramid

Data is only available at the state level. Showing data for Florida.
Measure

In 2023, 1.24% of men over 25 years of age had not completed any academic degree (no schooling), while 1.24% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

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Educational Attainment

Data is only available at the state level. Showing data for Florida.
Race

The most common educational levels obtained by the working population in 2023 were High School or Equivalent (4.99M), Some college (3.57M), and Bachelors Degree (3.46M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

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Housing & Living

Rent vs Own

75.5%
Homeownership
2023
85%
Homeowners with Mortgage
2023

In 2023, 75.5% of the housing units in Panacea, FL were occupied by their owner. This percentage declined from the previous year's rate of 84.1%.

This chart shows the percentage of owner in Panacea, FL compared it's parent and neighboring geographies.

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Income by Location

Use the dropdown to filter by race/ethnicity.
Race/Ethnicity

The following map shows all of the places in Panacea, FL colored by their Median Household Income (Total).

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Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$36,332
Median Household Income
± $2,194
347
Number of Households
± 156

In 2023, the median household income of the 347 households in Panacea, FL grew to $36,332 from the previous year's value of $36,250.

The following chart displays the households in Panacea, FL distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $15k - $20k range.

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Wage Distribution

The closest comparable wage GINI for Panacea, FL is from Panacea, FL.
N/A Wage GINI in N/A
  1. N/A
  2. N/A

In N/A, the income inequality in N/A was N/A according to the GINI calculation of the wage distribution. Income inequality had a N/A N/A from N/A to N/A, which means that wage distribution grew somewhat N/A even. The GINI for N/A was N/A than the national average of 0.476. In other words, wages are distributed N/A evenly in N/A in comparison to the national average.

This chart shows the number of workers in Panacea, FL across various wage buckets compared to the national average.

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Commuter Transportation

Most Common Commute in 2023
  1. Carpooled (31.1%)
  2. Other (29.5%)
  3. Drove Alone (21.7%)

In 2023, 31.1% of workers in Panacea, FL carpooled to work, followed by those who used some unspecified means to get work (29.5%) and those who drove alone to work (21.7%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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Commute Time

N/A minutes
Average Travel Time

Using averages, employees in Panacea, FL have a shorter commute time (N/A minutes) than the normal US worker (26.6 minutes). Additionally, 0% of the workforce in Panacea, FL have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Panacea, FL compares to that of it's neighboring and parent geographies.

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Car Ownership

0 cars
Average Number

The following chart displays the households in Panacea, FL distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Panacea, FL have 0 cars.

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Poverty & Diversity

24.2% of the population for whom poverty status is determined in Panacea, FL (251 out of 1.04k people) live below the poverty line, a number that is higher than the national average of 12.4%. The largest demographic living in poverty are Males < 5, followed by Females 25 - 34 and then Males 55 - 64.

The most common racial or ethnic group living below the poverty line in Panacea, FL is White, followed by Black and Native American.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Health

92.4% of the population of Panacea, FL has health coverage, with 0% on employee plans, 53.8% on Medicaid, 21% on Medicare, 17.6% on non-group plans, and 0% on military or VA plans.

Primary care physicians in Florida see 1,370 patients per year on average, which represents a 0.436% decrease from the previous year (1,376 patients). Compare this to dentists who see 1563 patients per year, and mental health providers who see 486 patients per year.

By gender, of the total number of insured persons, 48.2% were men and 51.8% were women.

Health Care Diversity

In 2023, insured persons according to age ranges were distributed in 21.8% under 18 years, 19.1% between 18 and 34 years, 33.5% between 35 and 64 years, and 25.7% over 64 years.

By gender, of the total number of insured persons, 48.2% were men and 51.8% were women.

The following chart shows the number of people with health coverage by gender.

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Uninsured People

7.6%
Uninsured
0%
Employer Coverage
53.8%
Medicaid
21%
Medicare
17.6%
Non-Group
0%
Military or VA

Between 2022 and 2023, the percent of uninsured citizens in Panacea, FL declined by 66.9% from 23% to 7.6%.

The following chart shows how the percent of uninsured individuals in Panacea, FL changed over time compared with the percent of individuals enrolled in various types of health insurance.

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