Lake Panasoffkee is a very small town located in the state of Florida. With a population of 4,072 people and three associated neighborhoods, Lake Panasoffkee is the 306th largest community in Florida.Because occupations involving physical labor dominate the local economy, Lake Panasoffkee is generally considered to be a blue-collar town. 37.42% of the Lake Panasoffkee workforce is employed in blue-collar occupations, compared to the national average of 27.7%. Overall, Lake Panasoffkee is a town of sales and office workers, service providers, and managers. There are especially a lot of people living in Lake Panasoffkee who work in sales jobs (15.46%), management occupations (9.55%), and office and administrative support (8.56%). The town is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Lake Panasoffkee has relatively fewer families with younger children, and/or college students. Combined, this makes Lake Panasoffkee a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here. Being a small town, Lake Panasoffkee does not have a public transit system used by locals to get to and from work.The citizens of Lake Panasoffkee have a very low rate of college education: just 9.65% 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 $28,837, which is lower middle income relative to Florida and the nation. This equates to an annual income of $115,348 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 French. The most common language spoken in Lake Panasoffkee is English. Other important languages spoken here include Portuguese and Spanish.
