Residents will find that the town is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Lake Panasoffkee is worth considering.
One downside of living in Lake Panasoffkee, however, is that residents on average have to contend with a long commute, spending on average 31.15 minutes every day commuting to work.
As is often the case in a small town, Lake Panasoffkee doesn't have a public transportation system that people use for their commute.
The citizens of Lake Panasoffkee have a very low rate of college education: just 9.78% of people over 25 have a bachelor's degree or advanced degree, compared to a national average of 21.84% for all cities.
The per capita income in Lake Panasoffkee in 2022 was $27,390, which is lower middle income relative to Florida and the nation. This equates to an annual income of $109,560 for a family of four. However, Lake Panasoffkee contains both very wealthy and poor people as well.
Lake Panasoffkee is a somewhat ethnically-diverse town. The people who call Lake Panasoffkee home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Panasoffkee residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lake Panasoffkee include Irish, German, English, Italian, and Portuguese.
The most common language spoken in Lake Panasoffkee is English. Other important languages spoken here include Portuguese and Korean.
