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Economy & jobs
Statistics · City
estimate
Median household income in Panacea
2013 – 2024 · 11 data points
382 of 386 · Towns of Florida
Updated Nov 8, 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
$37,983
+4.5%
since 2023 ± $5,059 · margin of error
Towns of Florida · 2024
382 of 386
Place 1 is the highest value.
since 2014
+45%
+6.5% a year on average
vs Wakulla County
−54%
Wakulla County: $81,895 · 2024
Median household income, 2013 – 2024 US Dollar · Panacea · Wakulla County · Florida · United States
+45% since 2014
$0
$20,000
$40,000
$60,000
$80,000
$100K
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 Median household income · US Dollar
Source: U.S. Census Bureau, American Community Survey 5-year estimates
The series at a glance Panacea · 2013 – 2024
Latest value
$37,983 · 2024
First value
$18,920 · 2013
Highest
$43,221 · 2018
Lowest
$18,920 · 2013
Average change
+6.5% a year on average
Data points
11
By year
All years · 2013 – 2024
| Year | Panacea | ± | Change | Wakulla County | Florida | United States |
|---|---|---|---|---|---|---|
| 2024estimate | $37,983 | $5,059 | +4.5% | $81,895 | $74,568 | $80,734 |
| 2023estimate | $36,332 | $2,194 | +0.2% | $74,183 | $71,711 | $78,538 |
| 2022estimate | $36,250 | $22,828 | +13% | $72,035 | $67,917 | $75,149 |
| 2021estimate | $31,976 | $9,108 | +20% | $72,941 | $61,777 | $69,021 |
| 2020estimate | $26,667 | $21,567 | −38% | $67,480 | $57,703 | — |
| 2018estimate | $43,221 | $14,166 | +30% | $62,778 | $53,267 | — |
| 2017estimate | $33,323 | $10,884 | +0.2% | $57,866 | $50,883 | — |
| 2016estimate | $33,261 | $10,319 | +4.8% | $54,078 | $48,900 | — |
| 2015estimate | $31,731 | $25,562 | +21% | $50,340 | $47,507 | — |
| 2014estimate | $26,250 | $21,376 | +39% | $53,143 | $47,212 | — |
| 2013estimate | $18,920 | $11,191 | $52,691 | $46,956 | — |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2013 – 2024
Ranking · Towns of Florida
2016 · Place 1 is the highest value.
| # | Territory | Median household income | |
|---|---|---|---|
| 383 | Chokoloskee | $2,499 | |
| 382 | Opa-locka | $17,933 | |
| 381 | Chiefland | $19,583 | |
| 380 | Brownsville | $19,796 | |
| 379 | Goulding | $21,094 | |
| 378 | Inglis | $23,229 | |
| 377 | Gladeview | $24,033 | |
| 376 | Otter Creek | $24,038 | |
| 375 | University | $24,619 | |
| 374 | Inverness | $24,829 | |
| 373 | Century | $25,114 | |
| 372 | Callahan | $25,444 | |
| 371 | Fellsmere | $26,053 | |
| 370 | Fort Pierce | $26,506 | |
| 369 | Florida City | $26,828 | |
| 368 | Belle Glade | $26,859 | |
| 367 | Beverly Hills | $27,147 | |
| 366 | Dover | $27,417 | |
| 365 | Hastings | $27,583 | |
| 364 | Immokalee | $27,767 | |
| 363 | Pahokee | $27,907 | |
| 362 | Holly Hill | $28,256 | |
| 361 | Tice | $28,554 | |
| 360 | Pinewood | $28,805 | |
| 359 | Wewahitchka | $29,136 | |
| … | |||
| 331 | Micco | $33,138 | |
| 330 | South Pasadena | $33,227 | |
| 329 | Zephyrhills | $33,253 | |
| 328 | Panacea | $33,261 | |
| 327 | Indiantown | $33,322 | |
| 326 | Monticello | $33,646 | |
| 325 | Bayonet Point | $33,706 | |
| … |
Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2016
What it means
The income in the middle: half the households earn more, half earn less.
How it is calculated
Median of total annual household income from the survey, in dollars of the survey's last year.
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