Lake Panasoffkee is a very small town located in the state of Florida. With a population of 4,072 people and three associated neighborhoods, Lake Panasoffkee is the 306th largest community in Florida.When you are in Lake Panasoffkee, you'll notice that it is more blue-collar than most other communities in America. 40.37% of Lake Panasoffkee’s employed work in blue-collar jobs, while America averages only 27.7% that do. Overall, Lake Panasoffkee is a town of sales and office workers, construction workers and builders, and service providers. There are especially a lot of people living in Lake Panasoffkee who work in sales jobs (12.35%), management occupations (9.21%), and office and administrative support (8.86%). It is a fairly quiet town because there are relatively few of those groups of people who have a tendency to be noisy. (Children, for example, often can't help themselves from being noisy, and being parents ourselves, we know!) Lake Panasoffkee has relatively few families with children living at home, and is quieter because of it. Renters and college students, for their own reasons, can also be noisy. Lake Panasoffkee has few renters and college students. But the biggest reason it is quieter in Lake Panasoffkee than in most places in America, is that there are just simply fewer people living here. If you think trees make good neighbors, Lake Panasoffkee may be for you. In Lake Panasoffkee, however, the average commute to work is quite long. On average, people spend 31.15 minutes each day getting to work, which is significantly higher than the national average. As is often the case in a small town, Lake Panasoffkee doesn't have a public transportation system that people use for their commute.In Lake Panasoffkee, just 9.78% of people over 25 hold a college degree, which is very low compared to the rest of the nation, whereas the average among all cities is 21.84%. The per capita income in Lake Panasoffkee in 2022 was $27,390, which is lower middle income relative to Florida and the nation. This equates to an annual income of $109,560 for a family of four. However, Lake Panasoffkee contains both very wealthy and poor people as well. Lake Panasoffkee is a somewhat ethnically-diverse town. The people who call Lake Panasoffkee home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Panasoffkee residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lake Panasoffkee include Irish, German, English, Italian, and Portuguese. The most common language spoken in Lake Panasoffkee is English. Other important languages spoken here include Portuguese and Korean.