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B
Overall Niche Grade
How are grades calculated?
  1. Public Schools
    B
  2. Crime & Safety
    NG
  3. Housing
    B+
  4. Nightlife
    C+
  5. Good for Families
    C+
  6. Diversity
    C
  7. Jobs
    A
  8. Weather
    A-
  9. Cost of Living
    A
  10. Health & Fitness
    B+
  11. Outdoor Activities
    B
  12. Commute
    C+
Lake Panasoffkee is a town in Florida with a population of 3,170. Lake Panasoffkee is in Sumter County. Living in Lake Panasoffkee offers residents a suburban feel and most residents own their homes. Many retirees live in Lake Panasoffkee and residents tend to be conservative. The public schools in Lake Panasoffkee are above average.

Real Estate

Median Home Value
$78,600
National
$184,700
Median Rent
$580
National
$949
Area Feel
Suburban
Rent vs. Own
  • Rent
    27%
  • Own
    73%
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Lake Panasoffkee Rankings

Niche ranks thousands of places to live based on key statistics from the U.S. Census and and expert insights.

Crime & Safety

Crime & Safety
NG
Based on violent and property crime rates.
Violent Crimes
  • Calculated annually per 100,000 residents
National
  • Assault
    282.7
  • Murder
    6.1
  • Rape
    40.7
  • Robbery
    135.5
Property Crimes
  • Calculated annually per 100,000 residents
National
  • Burglary
    500.1
  • Theft
    2,042.8
  • Motor Vehicle Theft
    284

Residents

Diversity
C
Based on ethnic and economic diversity.
Age
  • <10 years
    10%
  • 10-17 years
    5%
  • 18-24 years
    6%
  • 25-34 years
    8%
  • 35-44 years
    7%
  • 45-54 years
    13%
  • 55-64 years
    18%
  • 65+ years
    34%
Education Levels
National
  • Master's degree or higher
    3%
    12%
  • Bachelor's degree
    7%
    19%
  • Some college or associate's degree
    28%
    29%
  • High school diploma or equivalent
    44%
    28%
  • Less than high school diploma
    19%
    13%

Working in Lake Panasoffkee

Jobs
A
Based on employment rates, job and business growth, and cost of living.
Median Household Income
$33,689
National
$55,322
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Lake Panasoffkee Reviews

6 reviews
All Categories
The people of Lake Panasoffkee are really nice and there's hardly ever any traffic. However, there's not very much to do around here and not very many job opportunities besides working at one of the few restaurants or fast food establishments.
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It used to be a little town for retiree's and young families. It is mostly now drug addicts and drug dealers. The majority of the drugs is Meth. You find used syringes along the roads, store parking lots, I even seen one in the milk cooler in a Dollar General. The local law enforcement is trying to clean it up now, but it should have never got to this level. I had wonderful memories growing up as a child here. Moved back as an adult and moving as soon as I possibly can. So sad.
It would be a nice small town if it weren't for all the drug users. There has been a lot of home robberies. There's a big part of the town by the water tower where its known to be a bad area, you don't want to even be caught near that area for fear that something bad might happen to you. A couple of years ago some people came in an did some renovation to the park and to the community center and it looked like there might actually be help to our small town but it didn't last. I think that if we had more help with crime and renovating the town it would be the nice lake front property everyone comes here to see.