About Lake Panasoffkee, Florida
Lake Panasoffkee, a city located in the state of Florida (FL), is home to a population of approximately 4,173 people. Lake Panasoffkee boasts a median age of 49.4, with around 30.5% of its residents aged 60 or above. 12.4% of the population identifies as US Veterans. 22.9% of Lake Panasoffkee residents are disabled. The city has an average household income of $45,222, while the unemployment rate stands at 4.2%, and around 30% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Lake Panasoffkee is $122,236, with a monthly rent averaging $936.