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Florida · Census place 38575

Lake Panasoffkee CDP, FL

Quick answer

Lake Panasoffkee CDP has 4,525 residents, ranking #506 of 955 places in Florida. Median household income is $46,002, the median home is worth $133,300 and median gross rent runs $962 a month.

Population
4,525Lake Panasoffkee CDP residents
Median household income
$46,002Past 12 months, inflation adjusted
Median home value
$133,300Owner-occupied units
Median gross rent
$962Rent plus utilities, monthly
Median age
48.9 yrsAll residents
Homeownership rate
68.6%Owner-occupied households

What the numbers mean in Lake Panasoffkee CDP

Housing cost measured against local earnings.

A household earning the Lake Panasoffkee CDP median would spend about 25.1% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 26.2% of residents and 68.6% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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