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.
Being a small town, Lake Panasoffkee does not have a public transit system used by locals to get to and from work.
In Lake Panasoffkee, just 9.78% of people over 25 hold a college degree, which is very low compared to the rest of the nation, whereas the average among all cities is 21.84%.
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.
