Population
1,039 residents
Census ACS 2023 - Florida
City profile · Florida · Census ACS 2023
Panacea, FL
Population, income, housing, safety, climate and schools for Panacea - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.
- 1,039
- Residents
- $36,332
- Median income
- $1,199
- Median rent (state)
Panacea - the verdict
Measured against every US city with at least 1,000 residents, Panacea lands in the 5th percentile for household income. Source: Census ACS.
- 5th
- percentile, household income
- 36th
- percentile, median rent
📝 How we sourced this
Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.
Data Snapshot: Panacea, FL
Panacea is a small town in Florida, home to 1,039 residents per U.S. Census Bureau ACS 2023 estimates. The typical household in Panacea brings in $36,332 a year, in the lower quartile of U.S. cities for household income, with a poverty rate of 25.1%. The median resident age is 46.7 years. About 20.5% of adults hold a bachelor's degree or higher, while 36.8% of working-age residents are in the labor force.
The annual average temperature per NOAA climate normals runs 67.8°F.
Florida carries a cost-of-living premium: BEA Regional Price Parities 2024 puts Florida at 103.4 on a 100-equals-national-average scale (Above Average). HUD Fair Market Rent for a typical two-bedroom in this state is $1,199 per month. Monthly utility costs average around $225 across Florida, per EIA 2023 residential energy estimates. Natural-hazard exposure scores 46.7 out of 100 on FEMA's National Risk Index (Low).
Median Household Income
$36,332 /yr
Poverty 25.1%
Cost of Living Index (state)
103.4 (US=100)
Above Average - BEA RPP 2024, Florida average
How does Panacea compare to other US cities?
Panacea measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.
Household income 5% higher than other cities
Median rent 36% pricier than other cities
"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.
How we calculate these percentiles & ranks
Each percentile compares Panacea against every qualifying US city; each in-state rank narrows that to Florida only. Full formula and direction notes: methodology.
Florida-relative analysis
Median Gross Rent places Panacea near the bottom of Florida's cities
Among the 930 Florida cities PlainCities tracks with reported median gross rent data, Panacea ranks #863 - the 7th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Panacea only against its own state's cities, not the full US field.
Median Household Income
#869 of 903
4th percentile in Florida
Median Gross Rent
#863 of 930
7th percentile in Florida
Poverty Rate
#64 of 930
93rd percentile in Florida
Bachelor's Degree or Higher
#594 of 930
36th percentile in Florida
Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Florida only, not a livability score. See the methodology for the source and calculation.
5th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.
Income distribution context
Key socioeconomic indicators
Bachelor's degree or higher (adults 25+) 20.5%
Census ACS S1501, educational attainment
Poverty rate (households below FPL) 25.1%
Census ACS S1701, poverty status
Labor force participation (adults 16+) 36.8%
Census ACS S2301, share of working-age residents in the labor force
Population
1,039
Median Income
$36,332
Median Home Value
N/A
Median Age
46.7
Poverty Rate
25.1%
Labor force participation
36.8%
Bachelor's Degree+
20.5%
Climate
Avg Temperature
67.8°F
Annual Precipitation
N/A
Annual Snowfall
N/A
Commute Patterns
How workers travel to work, Census ACS 2023
Drive Alone
21.7%
Carpool
31.1%
Public Transit
0.0%
Walk
17.7%
Work from Home
0.0%
Other
29.5%
Based on 254 workers 16 and over.
Monthly Utility Costs
State-average estimates for Florida - EIA 2023 residential energy data
Electricity
$145
avg/month
Natural Gas
$25
avg/month
Water & Sewer
$55
avg/month
Total Utilities
$225
estimated/month
Estimates reflect Florida state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.
Living Costs & Risk
Cost of living is a Florida state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Panacea sits in
Cost of Living Index
103.4
Above Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,199/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
46.7 / 100
Low
FEMA NRI composite score (county)
Similar Cities in Florida
Cities of a Similar Size Nationwide
Population-matched peers from other states, closest to Panacea's 1,039 residents (Census ACS 5-Year 2023).
Cities with a Similar Household Income Nationwide
Median-household-income-matched peers from other states, closest to Panacea's $36,332 (Census ACS 5-Year 2023, table B19013).
Race & Ethnicity Composition
City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.
How Panacea compares to nearby Florida cities
Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).
| City | Population | Median Household Income |
|---|---|---|
| Panacea (this city) | 1,039 | $36,332 |
| DeLand Southwest | 1,042 | $40,670 |
| Avalon | 1,033 | $96,318 |
| Mexico Beach | 1,033 | $64,013 |
Census ACS 5-year FIPS FL NOAA Normals OMB Bulletin 23-01
What do people ask about Panacea, FL?
What is the population of Panacea, FL? +
The population of Panacea, FL stands at 1,039 according to U.S. Census Bureau ACS 2023 estimates.
What is the median household income in Panacea, FL? +
Panacea households earn a median of $36,332 annually, based on Census ACS 2023 data.
What is the cost of living in Panacea? +
BEA does not publish a city-level cost-of-living figure for Panacea; the closest available measure is the Florida state average, a cost of living index of 103.4 (U.S. average = 100), rated "Above Average" based on BEA Regional Price Parities 2024 data. Costs within Florida vary by metro area.
What is the climate like in Panacea? +
The average annual temperature in Panacea runs 67.8°F. Source: NOAA Climate Normals.
Source: U.S. Census Bureau ACS 5-Year 2023, NOAA Climate Normals, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.
Read our methodology - how this data is sourced, computed, and verified.
Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.
Citation & verification links
Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCitiesEvery figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.