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Panacea, FL

Census-designated place in Wakulla County, Florida.

Population

894

Land area

1.7sq mi

People per sq mi

536

ZIP codes

0

Panacea and its ZIP codes

Panacea at a glance

  • Panacea is 28% denser than Florida as a whole.
  • Households here earn a median of $37,983 a year, 49% less than the Florida figure of $74,568.
  • A typical owner-occupied home is valued at $105,600 (71% below Florida) and median rent is $959 a month.

Local data for Panacea, FL

Counts from official public data

Housing and community stats

Panacea, FL, American Community Survey 2020-2024

Full profile

Median household income

$37,983

Poverty rate

5.7%

Median home value

$105,600

Median rent

$959/mo

Homeownership

48.9%

Bachelor's or higher

22.1%

Median age

56.1

Average commute

20.2 min

Largest reported origins and ancestries: Irish Americans (51), German Americans (41), French Americans (9).

Home values and rentsIncome, education and commute

Economy and federal money

Jobs, pay, income and spending are for Wakulla County. PPP loans are for Panacea.

Details

Unemployment rate

4.1%

Aug 2026, +0.4 pts in a year

Average annual pay

$50,445

6,714 jobs, 2025

Income per person

$55,224

BEA, 2024

Federal spending

$237M

FY 2026, $7,012 per person

Wakulla County economyFederal spending

How people get to work

Panacea, FL, workers 16 and older. American Community Survey 5-year estimates

  • Drove alone54.1%
  • Carpooled0.0%
  • Public transit0.0%
  • Walked20.8%
  • Bicycle0.0%
  • Taxi, ride-hailing, motorcycle or other25.1%
  • Worked from home0.0%

Average one-way commute: 20.2 minutes for people who do not work from home.

Environment and hazard risk

Panacea, FL, from FEMA, NOAA and EPA

Full report

Natural hazard risk

Relatively Low

Top: hurricane

Storm events since 1996

605

Countywide, mostly thunderstorm wind

Flood insurance policies

1,131

8.2% of homes, county

July high / Jan low

92° / 39°F

Hazards, floods and storm historyCheck a flood zone

Health statistics

Share of adults in Panacea, FL, CDC PLACES estimates

All 40 measures

Obesity

43.0%

U.S. 33.3% +9.7 pts

Diabetes

18.4%

U.S. 12.1% +6.3 pts

Smoking

20.4%

U.S. 12.8% +7.6 pts

Uninsured (18-64)

12.2%

U.S. 11.1% +1.1 pts

Cities near Panacea

Frequently asked questions

What county is Panacea, FL in?
Panacea is in Wakulla County, Florida.
What is the population of Panacea, FL?
About 894 people live in Panacea, based on American Community Survey 5-year estimates.
What cities are near Panacea?
Nearby places include Sopchoppy (5.7 mi), Crawfordville (12 mi), St. Marks (15 mi), Carrabelle (20 mi), Woodville (21 mi).

Source: U.S. Census Bureau (TIGER/Line boundaries, American Community Survey) · Data as of 12/31/2023