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 864 residents offers a blend of suburban charm and convenience, with median home prices around $285,000 and average rents near $1,250. Commute times average 29 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (66% 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 864 residents, offering a diverse community with a median age of nearly 52 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 84% White, 10% 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
864
Density
430 per sq mi
Median Age
51.8
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
4.6%

Ethnic Composition

White
84.0%
Black
9.5%
Asian
0.8%
Others
5.7%

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 95.8. Median home values are around $285,000 and average rents for a two-bedroom apartment are approximately $1,250. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$285,000
Gross Rent
$1,250
Monthly Electricity Charges
$165
Auto Insurance
$2,050
House Owner Cost With Mortgage
$1,740
House Owner Cost Without Mortgage
$620
State Taxes
Low: 0.0%| High: 6.0%
Cost Of Living Index
95.8
Grocery
99.1
Housing
92.4
Utilities
103.5
Transportation
96.8
Health Care
97.2
Miscellaneous
96.0

Crime

Is Panacea, FL a safe place to live?

Panacea is considered a safe community, with a low violent crime rate of 210 incidents per 100,000 residents and a property crime chance of 1 in 66. 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
210
Property Crimes Per 100k
1,520
Crime Index
1,730
Chance Of Violent Crime
1 in 476
Chance Of Property Crime
1 in 66

Weather

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

Panacea experiences four distinct seasons, with warm summers reaching highs of 91°F and cold winters dipping to 44°F. The area receives about 59 inches of rainfall annually and enjoys sunshine on 66% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
44°F
Max
65°F

Summer

Min
73°F
Max
91°F

Spring

Min
56°F
Max
81°F

Fall

Min
58°F
Max
82°F
Average Rainfall Inches
59.0 inches
Sunny Days Percentage
66%

Neighbors

The neighborhood boasts a healthy median household income of $58,500 and a low poverty rate of 15.8%. Over 90% of residents have at least a high school diploma, and nearly 19% hold a bachelor's degree or higher. Commute times average 29 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$41,000
Household Income
$58,500
Family Income
$66,800
Per Capita Income
$28,900
Income Male
$38,000
Income Female
$30,500
Poverty Rate
15.8%
Non English Speakers
5.4%
Rent
$1,250
Unemployment Rate
4.9%
Public Transport Usage
0.8%
Commute Time
29.4 minutes

Education

High School or Higher
89.6%
Bachelors or More
18.9%

Education

How are the schools in Panacea, FL?

Panacea offers quality education options, with public schools like Franklin County School District and Taylor County High School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Florida State University and Florida A&M University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Franklin County School District
Street
1250 W. Tharpe St
Phone
850-670-2810
Students
1,600
Student Teacher Ratio
13.1
Name
Taylor County High School
Street
900 E. Main St
Phone
850-838-2525
Students
760
Student Teacher Ratio
15.0

Private Schools

Name
Faith Baptist Christian School
Street
108 W. 13th St
Phone
850-926-3277
Students
95

Colleges

Name
Florida State University
City
Tallahassee
State
FL
Distance
40 miles
Students
44,000
Name
Florida A&M University
City
Tallahassee
State
FL
Distance
41 miles
Students
9,000

Healthcare

Panacea residents have access to quality healthcare, with major hospitals like Tallahassee Memorial HealthCare and Capital Regional Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.9 per 1,000 people and 87.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Tallahassee Memorial HealthCare
Address
1300 Miccosukee Rd, Tallahassee, FL 32308
Phone
(850) 431-1155
Type
General & Surgical
Emergency Services
Yes
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
1.9
Health Insurance Coverage
87.4%
Health Care Index
68.2

Housing Market

What is the housing market like in Panacea, FL?

The local housing market is strong, with a median home price of $285,000 and an owner-occupied rate of nearly 79%. The market has seen a 3.4% appreciation over the past year, and rental vacancy rates remain moderate at 7.8%. Panacea offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$285,000
Average Rent For 2 Bedroom
$1,250
Owner Occupied Rate
78.5%
Rental Vacancy Rate
7.8%
Home Appreciation Rate (1yr)
3.4%
New Construction Rate
0.7%
Foreclosure Rate
0.8%

DMV Information

Residents of Panacea handle vehicle services through the Florida 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 Highway Safety and Motor Vehicles
Address
2900 Apalachee Parkway, 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 864, median home value $285,000, average rent for 2 bedroom $1,250, commute time 29.4 minutes, and sunny days percentage 66%.

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