Florida / Wakulla County

Moving to Panacea, FL

Thinking of making a move to Panacea, FL? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Panacea, FL

Considering a move to Panacea, FL? This welcoming community of 850 residents offers a blend of suburban charm and convenience, with median home prices around $210,000 and average rents near $1,100. Commute times average 30 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (67% annually), ideal for families and commuters alike. Explore Panacea's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Panacea, FL

Panacea has a population of 850 residents, offering a diverse community with a median age of nearly 48 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 85% White, 11% Black, and 1% Asian residents, and over 5% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
850
Density
120 per sq mi
Median Age
48.2
Gender Ratio
97 males per 100 females
Non-English Speakers Percentage
4.5%

Ethnic Composition

White
85.0%
Black
10.5%
Asian
0.6%
Others
3.9%

Cost Of Living

What is the average cost of living in Panacea, FL?

The cost of living in Panacea is higher than the national average, with a cost of living index of 93.0. Median home values are around $210,000 and average rents for a two-bedroom apartment are approximately $1,100. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$210,000
Gross Rent
$1,100
Monthly Electricity Charges
$140
Auto Insurance
$2,120
House Owner Cost With Mortgage
$1,300
House Owner Cost Without Mortgage
$430
State Taxes
Low: 0% (no state income tax)| High: 0% (no state income tax)
Cost Of Living Index
93.0
Grocery
97.2
Housing
85.6
Utilities
98.4
Transportation
94.1
Health Care
98.8
Miscellaneous
95.7

Crime

Is Panacea, FL a safe place to live?

Panacea is considered a safe community, with a low violent crime rate of 211 incidents per 100,000 residents and a property crime chance of 1 in 67. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Florida.

Violent Crimes Per 100k
211
Property Crimes Per 100k
1,480
Crime Index
1,691
Chance Of Violent Crime
1 in 474
Chance Of Property Crime
1 in 67

Weather

What is the weather like in Panacea, FL year-round?

Panacea experiences four distinct seasons, with warm summers reaching highs of 92°F and cold winters dipping to 42°F. The area receives about 59 inches of rainfall annually and enjoys sunshine on 67% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
42°F
Max
65°F

Summer

Min
72°F
Max
92°F

Spring

Min
55°F
Max
79°F

Fall

Min
56°F
Max
81°F
Average Rainfall Inches
58.7 inches
Sunny Days Percentage
67%

Neighbors

The neighborhood boasts a healthy median household income of $49,600 and a low poverty rate of 16.8%. Over 88% of residents have at least a high school diploma, and nearly 16% hold a bachelor's degree or higher. Commute times average 30 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$28,900
Household Income
$49,600
Family Income
$56,300
Per Capita Income
$24,400
Income Male
$33,000
Income Female
$27,000
Poverty Rate
16.8%
Non English Speakers
4.5%
Rent
$1,100
Unemployment Rate
4.7%
Public Transport Usage
0.2%
Commute Time
30.2 minutes

Education

High School or Higher
87.5%
Bachelors or More
16.2%

Education

How are the schools in Panacea, FL?

Panacea offers quality education options, with public schools like Wakulla County School District – Panacea Elementary known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Tallahassee Community College and Florida State University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Wakulla County School District – Panacea Elementary
Street
48 Mound St, Panacea, FL 32346
Phone
850-984-4572
Students
210
Student Teacher Ratio
14.5

Colleges

Name
Tallahassee Community College
City
Tallahassee
State
FL
Distance
28 miles
Students
12,000
Name
Florida State University
City
Tallahassee
State
FL
Distance
31 miles
Students
45,000

Healthcare

Panacea residents have access to quality healthcare, with major hospitals like Wakulla Medical Center and Capital Regional Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.3 per 1,000 people and 84.7% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Wakulla Medical Center
Address
1328 Coastal Hwy, Panacea, FL 32346
Phone
(850) 984-4735
Type
Primary Care & Urgent Care
Emergency Services
No
Name
Capital Regional Medical Center
Address
2626 Capital Medical Blvd, Tallahassee, FL 32308
Phone
(850) 325-5000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.3
Health Insurance Coverage
84.7%
Health Care Index
72.4

Housing Market

What is the housing market like in Panacea, FL?

The local housing market is strong, with a median home price of $210,000 and an owner-occupied rate of nearly 74%. The market has seen a 6.1% appreciation over the past year, and rental vacancy rates remain moderate at 8.1%. Panacea offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$210,000
Average Rent For 2 Bedroom
$1,100
Owner Occupied Rate
73.6%
Rental Vacancy Rate
8.1%
Home Appreciation Rate (1yr)
6.1%
New Construction Rate
1.3%
Foreclosure Rate
0.7%

DMV Information

Residents of Panacea handle vehicle services through the Florida Department of Highway Safety and Motor Vehicles, conveniently located in Tallahassee. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Florida
Department
Florida Department of Highway Safety and Motor Vehicles
Address
2900 Apalachee Pkwy, Tallahassee, FL 32399
Phone
1-850-617-2000

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Panacea, FL

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Panacea, review the core fields on this page: population 850, median home value $210,000, average rent for 2 bedroom $1,100, commute time 30.2 minutes, and sunny days percentage 67%.

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