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Economy & jobs
Statistics · City
estimate
Income per person in Panacea
2013 – 2024 · 12 data points
384 of 391 · Towns of Florida
Updated Oct 26, 2026
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
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Overview
7 figures
People
21 figures
Economy
20 figures
Housing
8 figures
Education
10 figures
Tourism
3 figures
Climate
8 figures
Latest value · 2024
$19,360
+36%
since 2023 ± $5,582 · margin of error
Towns of Florida · 2024
384 of 391
Place 1 is the highest value.
since 2014
+72%
+4.5% a year on average
vs Wakulla County
−43%
Wakulla County: $34,149 · 2024
Income per person, 2013 – 2024 US Dollar · Panacea · Wakulla County · Florida · United States
+72% since 2014
$0
$10,000
$20,000
$30,000
$40,000
$50,000
2013
2016
2018
2020
2024
Panacea
Wakulla County
Florida
United States
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Compared with Income per person · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Panacea · 2013 – 2024
Latest value
$19,360 · 2024
First value
$11,954 · 2013
Highest
$22,148 · 2022
Lowest
$11,261 · 2014
Average change
+4.5% a year on average
Data points
12
By year
All years · 2013 – 2024
| Year | Panacea | ± | Change | Wakulla County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $19,360 | $5,582 | +36% | $34,149 | $42,609 | $44,673 |
| 2023estimate | $14,216 | $4,752 | −36% | $32,920 | $41,055 | $43,289 |
| 2022estimate | $22,148 | $12,469 | +25% | $31,683 | $38,850 | $41,261 |
| 2021estimate | $17,685 | $9,977 | −7.9% | $29,425 | $35,216 | $37,638 |
| 2020estimate | $19,192 | $10,828 | +2.0% | $28,320 | $32,848 | — |
| 2019estimate | $18,811 | $6,514 | −1.3% | $25,733 | $31,619 | — |
| 2018estimate | $19,059 | $6,153 | +30% | $24,322 | $30,197 | — |
| 2017estimate | $14,664 | $3,629 | −0.1% | $22,846 | $28,774 | — |
| 2016estimate | $14,673 | $3,918 | −2.6% | $22,129 | $27,598 | — |
| 2015estimate | $15,068 | $4,043 | +34% | $20,823 | $26,829 | — |
| 2014estimate | $11,261 | $2,480 | −5.8% | $21,738 | $26,499 | — |
| 2013estimate | $11,954 | $4,171 | $21,797 | $26,236 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2024 · Place 1 is the highest value.
| # | Territory | Income per person | |
|---|---|---|---|
| 1 | Jupiter Island | $217K | |
| 2 | Palm Beach | $212K | |
| 3 | Ocean Ridge | $167K | |
| 4 | Longboat Key | $155K | |
| 5 | Naples | $152K | |
| 6 | Highland Beach | $151K | |
| 7 | Indian River Shores | $139K | |
| 8 | South Beach | $136K | |
| 9 | Golden Beach | $130K | |
| 10 | Goodland | $129K | |
| 11 | Sea Ranch Lakes | $127K | |
| 12 | Bal Harbour | $123K | |
| 13 | Siesta Key | $118K | |
| 14 | Pinecrest | $113K | |
| 15 | Sanibel | $113K | |
| 16 | Matlacha | $111K | |
| 17 | Key Biscayne | $106K | |
| 18 | Hillsboro Beach | $105K | |
| 19 | South Palm Beach | $104K | |
| 20 | Belleair Beach | $100K | |
| 21 | Sewall's Point | $100K | |
| 22 | Palm Beach Shores | $97,476 | |
| 23 | St Pete Beach | $96,268 | |
| 24 | Marco Island | $95,595 | |
| 25 | Redington Shores | $93,809 | |
| … | |||
| 381 | Fellsmere | $19,853 | |
| 382 | Century | $19,621 | |
| 383 | Hastings | $19,414 | |
| 384 | Panacea | $19,360 | |
| 385 | Indiantown | $19,109 | |
| 386 | Immokalee | $19,032 | |
| 387 | Opa-locka | $18,160 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2024
What it means
Average income per resident.
How it is calculated
Total money income of residents divided by the population, from the survey.
Economy & jobs
Panacea in numbers
GDP per person
$73,879
2024 · Florida
GDP per person (PPP)
$73,879
2024 · Florida
Gross domestic product
$1.2B
2024 · Wakulla County
Economic growth
5.3%
2024 · Wakulla County
Inflation
2.9%
2024 · United States
Unemployment rate
3.4%
2025 · Wakulla County
Unemployment rate, latest month
4.1%
Aug 2026 · Wakulla County
Youth unemployment
9.3%
2025 · United States
Employment rate
68.2%
2024 · Florida
Labour force participation
34.2%
2024
Labour force
18,017
2025 · Wakulla County
Household income per person
$64,167
2024 · Florida