Panacea, FL Demographics

A map of Panacea's Population by Race

Race	2024 Pop	2020 Pop	2024 %	2020 %
White	866	695	96.9%	94.6%
Multiracial	28	22	3.1%	3.0%
Black	0	9	0.0%	1.2%
Asian	0	1	0.0%	0.1%
Hispanic	0	5	0.0%	0.7%
Native American/Other	0	3	0.0%	0.4%

Panacea, Florida has an estimated population of 894, a large increase from the 735 recorded in the 2020 Census. The population is 96.9% White, 3.1% Multiracial, 0.0% Black, 0.0% Asian, 0.0% Hispanic, and 0.0% Native American/Other. This demographic dot map shows the population of Panacea, with one dot drawn for each person counted by the Census, color-coded by race.

Panacea has become less racially diverse since the 2020 Census. It is considerably less diverse than Florida overall. Demographers use a diversity index to measure the probability that two randomly selected individuals belong to different racial or ethnic groups. In Panacea, that probability was 10.5% in 2020 and 6.1% in the most recent ACS estimates.

Panacea is ranked the 796th most populous place in Florida, out of 956 places. This ranking is based on the Census definition of a place, which includes incorporated places like cities, towns, and villages, as well as unincorporated census-designated places (CDPs). Panacea was ranked the 812th most populous place in the 2020 Census.

Panacea's White Population

866 residents of Panacea, or 96.9% of the population, identify as White. The share of White residents in Panacea is significantly higher than in Florida overall, where 50.4% of the population is White. Panacea ranks 18th statewide in terms of White residents as a share of the population, out of 956 places.

Since the 2020 Census, Panacea's White population has grown by an estimated 24.6%. White residents' share of Panacea's population has increased from 94.6% to 96.9%.

Panacea is more White than neighboring Sopchoppy (82.9% White), Crawfordville (72.4% White), St. Marks (95.9% White), Woodville (60.4% White), and Carrabelle (50.9% White).

Panacea's Black Population

0 residents of Panacea, or 0.0% of the population, identify as Black. The share of Black residents in Panacea is considerably lower than in Florida overall, where 14.6% of the population is Black. Panacea ranks 755th statewide in terms of Black residents as a share of the population, out of 956 places.

Since the 2020 Census, Panacea's Black population has declined by an estimated 100.0%. Black residents' share of Panacea's population has decreased from 1.2% to 0.0%.

Panacea is less Black than neighboring Sopchoppy (14.1% Black), Crawfordville (16% Black), Woodville (31.2% Black), and Carrabelle (28.7% Black).

Panacea's Asian Population

0 residents of Panacea, or 0.0% of the population, identify as Asian. The share of Asian residents in Panacea is slightly lower than in Florida overall, where 2.9% of the population is Asian. Panacea ranks 877th statewide in terms of Asian residents as a share of the population, out of 956 places.

Since the 2020 Census, Panacea's Asian population has declined by an estimated 100.0%. Asian residents' share of Panacea's population has remained roughly unchanged at 0.0%.

Panacea is less Asian than neighboring Crawfordville (1% Asian), Woodville (0.5% Asian), and Carrabelle (0.1% Asian).

Panacea's Hispanic Population

0 residents of Panacea, or 0.0% of the population, identify as Hispanic. The share of Hispanic residents in Panacea is significantly lower than in Florida overall, where 27.4% of the population is Hispanic. Panacea ranks 949th statewide in terms of Hispanic residents as a share of the population, out of 956 places.

Since the 2020 Census, Panacea's Hispanic population has declined by an estimated 100.0%. Hispanic residents' share of Panacea's population has decreased from 0.7% to 0.0%.

Panacea is less Hispanic than neighboring Sopchoppy (1% Hispanic), Crawfordville (7.5% Hispanic), Woodville (1.9% Hispanic), and Carrabelle (12.6% Hispanic).

Panacea's Native American/Other Population

0 residents of Panacea, or 0.0% of the population, identify as American Indian/Alaska Native/Native Hawaiian/Pacific Islander/Other. The share of Native American/Other residents in Panacea is comparable to the share in Florida overall, where 0.8% of the population is Native American/Other. Panacea ranks 796th statewide in terms of Native American/Other residents as a share of the population, out of 956 places.

Since the 2020 Census, Panacea's Native American/Other population has declined by an estimated 100.0%. Native American/Other residents' share of Panacea's population has remained roughly unchanged at 0.0%.

Panacea is less Native American/Other than neighboring Sopchoppy (1% Native American/Other), Crawfordville (0.6% Native American/Other), Woodville (0.3% Native American/Other), and Carrabelle (0.4% Native American/Other).

Panacea's Multiracial Population

28 residents of Panacea, or 3.1% of the population, identify as Multiracial. The share of Multiracial residents in Panacea is comparable to the share in Florida overall, where 3.8% of the population is Multiracial. Panacea ranks 649th statewide in terms of Multiracial residents as a share of the population, out of 956 places.

Since the 2020 Census, Panacea's Multiracial population has grown by an estimated 27.3%. Multiracial residents' share of Panacea's population has remained roughly unchanged at 3.1%.

Panacea is more Multiracial than neighboring Sopchoppy (1% Multiracial), and Crawfordville (2.6% Multiracial). Panacea is less Multiracial than neighboring St. Marks (4.1% Multiracial), Woodville (5.7% Multiracial), and Carrabelle (7.3% Multiracial).

Sources: Most recent population estimates are from the 2020-2024 American Community Survey 5-Year Estimates. 2020 population counts and map data are from 2020 Census State Redistricting Data. Geographic data are from Census TIGER/Line Shapefiles.