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Lake Panasofkee Rec Park Sign
Florida›Sumter County

Lake PanasoffkeeFL

A town of 4,768, settled in 1963. Public schools that outperform most of Florida.

Photo: DanTD · CC BY-SA 3.0
Photo of Lake Panasoffkee

Lake Panasoffkee, FL · Photo: DanTD · CC BY-SA 3.0 · Source ↗

Is Lake Panasoffkee a good place to live?

Lake Panasoffkee gives you more for your money than most places: a typical home costs about $203K, 2.7 years of the Wildwood metro’s $77K median household income. It grades C+ overall, 247th among Florida's 634 graded towns. The low prices come with trade-offs. The median household income is $45K, and 30% of residents live below the poverty line, and residents are less healthy than 82% of U.S. towns on CDC estimates. On the plus side, its public schools beat 86% of Florida towns on state tests and graduation. 31% of residents live below the poverty line in Lake Panasoffkee, where Florida’s towns sit at 11% and U.S. towns at 9.6%. Only 9 of the 354 Florida towns we compare have a lower typical home value than Lake Panasoffkee.

What makes Lake Panasoffkee stand out

Where Lake Panasoffkee beats most towns.

A growing town

Lake Panasoffkee has grown 15% from 2010 to 2020

3,551 counted in 2010 and 4,072 in 2020.

3,5512010
4,0722020

U.S. Census 2010 & 2020 counts

How Lake Panasoffkee grades

Each subject compared with towns across the country (schools within Florida), ordered by how far Lake Panasoffkee is from typical.

How grading works
Character Graded, but not part of the overall grade.
Described, not graded Taste, not quality: snow or an older crowd is neither good nor bad.

How TownRatings grades towns →

FlFenneySpring
FlFenneySpring, 2004
Lake Panasoffkee’s story

63 years in pictures

The archive holds 7 old photos and papers going back to 2004 and 2 maps from 1893 on.

  • 1963Lake Panasoffkee is settled
Explore the history →
Getting set up

Moving to Lake Panasoffkee: who provides what

Lake Panasoffkee is unincorporated, so Sumter County and regional agencies provide most services.

PowerDuke Energy18.4¢/kWh · EIA 2025HIFLD · EIA
WaterLake Panasoffkee Water Assn 2wpsNo health-based violations in 5 years · EPAEPA
Internet5 providers98% of addresses get 100/20 MbpsFCC
Trash & county servicesSumter CountySumter County provides services here
SchoolsSumter County School DistrictWhich school depends on your addressNCES
Register to voteOnlineIn Florida you can register online until 29 days before Election Day, in person until 29 days before Election Day, or by mail (postmarked 29 days before).vote.gov
Who runs elections hereSumter Supervisor of ElectionsSumter County; contacts on the Handbook page.FVAP, Nov 2023
ZIP code3353833538 100%Census 2020

EPA SDWIS (Oct 9, 2026) · HIFLD + EIA-861 2025 · Census 2020 ZCTAs · NCES 2024–25 · registration: vote.gov, updated Nov 17, 2025.

The data

Ordered by what stands out in Lake Panasoffkee.

Lake Panasoffkee pairs an A for schools with modest home prices, trades lower home prices for longer drives to work and has more 90° days than nearly all U.S. towns.

SchoolsA

Lake Panasoffkee earns an A for schools

That grade comes with an A− for cost of living: the typical home is worth about $203K. It ranks #20 of the 638 Florida towns we grade for schools.

Its one school is below. Public schools: the Sumter school district. Enrollment at Lake Panasoffkee’s public school: 621 students.

86%of FL districts it outscoresASchool Grade
SchoolLevelStudentsLetter
Lake Panasoffkee Elementary SchoolLargest public elementary schoolGrades PK–5Grades PK–5621A−

NCES · EDFacts · graded within FL on state tests and graduation

HousingCost of living grade A−

Lake Panasoffkee earns an A− for cost of living

Homes are within reach (about $203K for the typical one, A− for cost of living), but half of working residents commute more than 21 miles. At 2.7 years of the Wildwood metro’s $77K median household income, the typical home (about $203K) costs less against local pay than in 92% of Florida towns; that ratio is one input to that grade.

The share of households in Lake Panasoffkee who own their home: 66%. Zillow values the typical Lake Panasoffkee home at about $203,000, down 1% in a year, 46% below the Florida typical home. The midpoint rent for Lake Panasoffkee comes to $1,019 a month.

$203KZillow home value
Lake PanasoffkeeFlorida townsU.S. towns
Median rent$1,019 a month$1,647 a month$1,185 a month
Households that own their home66%72%73%

Typical home value

Lake Panasoffkee$203K
Florida$375K
−1%
value change, 1 year
4
homes sold in May

Census ACS, 2020–24 · Zillow Home Value Index · Redfin Data Center

HealthC−

Lake Panasoffkee earns a C− for health

Against the 3,836 U.S. towns with household incomes like Lake Panasoffkee’s, it is healthier than 58%, so that grade isn’t only a matter of income.

16% of adults have diabetes in Lake Panasoffkee. The town does better than the Florida average on 1 of 31 CDC measures and worse on 17. Among adults here, 43% have high blood pressure and 18% smoke cigarettes.

18%healthier than U.S. townsC−Health Grade
Lake PanasoffkeeFlorida townsU.S. towns
Frequent physical distress (CDC PLACES)19%15%14%
High blood pressure (CDC PLACES)43%37%35%
Smoke cigarettes (CDC PLACES)18%13%14%
Diabetes (CDC PLACES)16%13%12%
31 measures vs. Florida
1 better13 too close to call17 worse
What stands outLake PanasoffkeeFL
More adults treating high blood pressure81.9%78.4%
More adults with COPD12.2%7.2%
HCA Florida Citrus Hospital
13.3 mi away · emergency room
2 of 3
care shortages: primary care, mental health
15th
percentile among FL towns

CDC PLACES 2025 · modeled estimates for adults · CMS · HRSA

Work & commuteJobs & income grade D

Most of Lake Panasoffkee’s workers leave town for work

Lake Panasoffkee has 94 jobs for its 1,470 working residents: even if every job went to a resident, most would still commute out.

The top destinations are Wildwood (11%), Bushnell (6%) and Leesburg (6%). Only 2% of working residents stay in Lake Panasoffkee for work; the rest commute out. In Lake Panasoffkee, the average commute is 28 minutes.

2%work in town
Lake PanasoffkeeFlorida townsU.S. towns
Median household income$45,000$73,000$80,000
Working residents who work in town1.9%5%8%
Average trip to work28 minutes27 minutes25 minutes

Where working residents work

In Lake Panasoffkee2%
Wildwood11%
Bushnell6%
Leesburg6%
Ocala4%
21 mi
median commute distance
94
jobs based in Lake Panasoffkee
A commuter town
jobs vs. working residents
C+
Walkability grade: more walkable than 37% of U.S. towns

Census LEHD 2023 · ACS

Natural hazardsHazard risk grade C−

The biggest natural risk in Lake Panasoffkee is inland flooding, at a high overall level

Paid flood insurance claims in Lake Panasoffkee since 2004: 3. FEMA expects more storm and flood damage in the town than in 76% of U.S. communities. 45% of the town’s expected losses from natural hazards come from inland flooding, followed by hurricanes at 34%. Households in the town have drawn federal disaster aid in 5 declared disasters, most recently in 2024.

76risk score of 100
FEMA risk score
76High riskLowerHigher
Inland floodingHurricanesTornadoes
3
paid flood claims since 2004
5
federal disasters paid out here

FEMA flood insurance claims · FEMA disaster declarations and aid · FEMA National Risk Index · OpenFEMA

Climate

Mild winters and hot summers: that is Lake Panasoffkee’s year

The Inverness 3 Se weather station, 12 miles away, records that about 112 days a year reach 90°, more than in 95% of U.S. towns. January nights average 46°, milder than in 97% of U.S. towns; July afternoons average 91.6°.

Lake Panasoffkee’s peak summer temperature comes in at 92°F. Snow is a rarity.

92°summer high
Lake PanasoffkeeFlorida townsU.S. towns
January low46°F51°F22°F
July high92°F91°F85°F

Typical low → high °F

Winter48–72°
Spring58–83°
Summer72–91°
Fall63–84°
Dec 5
typical first frost
Mar 2
typical last frost
+1.3°
vs. the 20th-century average
92°
typical summer high

NOAA U.S. Climate Normals, 1991–2020

OutdoorsC−

Conservation land takes up 0.6% of Lake Panasoffkee

Just 26 of its 4,212 acres are conserved, so there is little public open land in Lake Panasoffkee itself; its outdoors grade is C−.

Across 1 park or preserve: 0.2 miles of trail. Parks and preserves in Lake Panasoffkee: one, of 8 acres.

0.6%conserved
0.6%
conserved · 26 of 4,212 acres
0.2 mi
of trails · 0 per sq mi
Biggest places to walkTrailsAcres
1. Lake Panasoffkee—8

Trails & parks © OpenStreetMap contributors · Conserved land: USGS PAD-US

Nearby attractions

Sugarloaf Mountain and 15 more within 40 miles

Museums, parks, gardens and other places to visit around Lake Panasoffkee. Close and well known come first.

All 83 attractions →
Sources: National Park Service · ski areas © OpenSkiMap / OpenStreetMap contributors · Wikidata · Wikipedia readership · photos via Wikimedia Commons
Photo credits

Sugarloaf Mountain: Lithium6ion at en.wikipedia, Public domain · Weeki Wachee Springs: Leonard J. DeFrancisci, CC BY-SA 3.0 · Ocala National Forest: Sandra Friend, Public domain · Florida Citrus Tower: The shyguy, CC BY-SA 4.0 · Silver Springs: NeilEvans, Public domain · Don Garlits Museum of Drag Racing: Ebyabe, CC BY 2.5

Keep exploring

Everything we know about Lake Panasoffkee

17pages on Lake Panasoffkee
After high school

Colleges nearby

None within 15 miles of Lake Panasoffkee; the nearest are

A commuter town

98% of working residents leave Lake Panasoffkee for work

Where Lake Panasoffkee’s working residents go each day. Line width shows the share.

11% → Wildwood Wildwood 11% 6% → Bushnell Bushnell 6% 6% → Leesburg Leesburg 6% 4% → Ocala Ocala 4% 3% → The Villages The Villages 3% 2% → Jacksonville Jacksonville 2% Lake Panasoffkee · 2% stay
94jobs based in Lake Panasoffkee
2%of working residents work in town
21 mimedian commute distance

Census LEHD 2023

About Lake Panasoffkee

CDP in Florida, United States

Lake Panasoffkee is a census-designated place (CDP) in Sumter County, Florida, United States. As of the 2020 census, Lake Panasoffkee had a population of 4,072.

From Wikipedia, licensed CC BY-SA 4.0 · facts via Wikidata (CC0)

Area
4.2 sq mi
Elevation
59 ft
ZIP code
33538
Area code
352

Questions about Lake Panasoffkee

Short answers, built from the data on this page.

Is Lake Panasoffkee, FL a good place to live?

Lake Panasoffkee grades C+ overall, better than 41% of U.S. towns and #247 of 634 in Florida. It grades C− for health and A for schools. Jobs & income is its weak spot, with a D.