30.0% of Lake Panasoffkee, FL residents had an income below the poverty level in 2022, which was 57.6% greater than the poverty level of 12.7% across the entire state of Florida. 22.0% of high school graduates and 24.1% of non high school graduates live in poverty. The poverty rate was 24.6% among disabled residents. The renting rate among poor residents was 62.9%. For comparison, it was 9.4% among residents with income above the poverty level.
Poverty rates in Lake Panasoffkee, FL
Residents with income below the poverty level in 2022:
Lake Panasoffkee:
30.0%
Whole state:
12.7%
Residents with income below 50% of the poverty level in 2022:
Lake Panasoffkee:
11.7%
Whole state:
6.1%
Poverty rate among disabled residents:
Lake Panasoffkee:
24.6%
Florida:
18.7%
Disability rate in this place among poor residents (it is 24.8% among residents who are not classified as poor):
Lake Panasoffkee:
18.9%
Florida:
20.3%
Renting rate in this place among poor and not poor residents:
Residents below poverty level:
62.9%
Residents above poverty level:
9.4%
Poverty by age in Lake Panasoffkee, FL
Breakdown by age of poor male residents in Lake Panasoffkee,FL (percentage below poverty level)
0.0%Under 5 years
100.0%5 years
81.0%6 to 11 years
100.0%15 years
61.0%16 and 17 years
0.0%18 to 24 years
29.0%25 to 34 years
13.0%35 to 44 years
14.0%45 to 54 years
19.0%55 to 64 years
11.0%65 to 74 years
24.0%75 years and over
Breakdown by age of poor female residents in Lake Panasoffkee,FL (percentage below poverty level)
46.3%Under 5 years
74.0%6 to 11 years
0.0%12 to 14 years
17.1%16 and 17 years
0.0%18 to 24 years
50.5%25 to 34 years
30.3%35 to 44 years
14.9%45 to 54 years
31.4%55 to 64 years
22.3%65 to 74 years
8.4%75 years and over
Breakdown by age of very poor residents in Lake Panasoffkee,FL (% below half of poverty level)
42.9%Under 6 years
32.8%6 to 11 years
17.1%12 to 17 years
0.0%18 to 24 years
14.7%25 to 34 years
8.5%35 to 44 years
2.5%45 to 54 years
4.2%55 to 64 years
3.2%65 to 74 years
13.0%75 years and over
Poverty by race and place of birth in Lake Panasoffkee, FL
Breakdown of poor residents within races in Lake Panasoffkee, FL (%)
35.5%White
61.7%Black
0.0%American Indian
0.0%Asian
0.0%Other race
0.0%2+ races
3.7%Hispanic
Breakdown of poor residents within races in Lake Panasoffkee, FL (absolute numbers)
1,397White
184Black
33.3%Below poverty level
66.7%Above poverty level
5.6%Below poverty level
94.4%Above poverty level
Poverty in families in Lake Panasoffkee, FL
Children below poverty level:
Lake Panasoffkee, Florida:
63.9%
State:
16.8%
Poverty rate among high school graduates:
Lake Panasoffkee:
22.0%
Florida:
9.5%
Poverty rate among people who did not graduate high school:
Lake Panasoffkee:
24.1%
Florida:
24.8%
49.2%Married-couple family
8.2%Male, no wife present
42.6%Female, no husband present
13.0%Worked full-time, year-round
11.4%Worked part-time
75.6%Did not work
0.0%Both worked full-time
0.0%One full-time, other part-time
48.9%One full-time, other didn't work
0.0%Both worked part-time
28.8%One part-time, other didn't work
22.3%Both didn't work
Other data
Owners below poverty level
0.0%1999 to 2000
0.0%1995 to 1998
0.0%1990 to 1994
44.6%1980 to 1989
26.4%1970 to 1979
22.3%1960 to 1969
0.0%1950 to 1959
0.0%1940 to 1949
6.8%1939 or earlier
Owners above poverty level
2.3%1999 to 2000
7.4%1995 to 1998
8.3%1990 to 1994
30.4%1980 to 1989
30.5%1970 to 1979
15.4%1960 to 1969
3.1%1950 to 1959
2.7%1940 to 1949
0.0%1939 or earlier
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