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Apartments for rent in Lake Panasoffkee, FL

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Living In Lake Panasoffkee, FL

The small town of Lake Panasoffkee, Florida is home to slightly more than 3,000 residents. Retirees should fit right in, as they make up 34% of the population compared to 14% nationally, while young adults are less well-represented. At an average age of just over 51, the town's residents are older than most cities in Florida. Most residents own their homes in Lake Panasoffkee, and 25% of residents rent. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $675 per month. Over the course of a year, renters in Lake Panasoffkee will save around $5,700 compared to the state average.

Lake Panasoffkee has an average commute time of about 29 minutes. Driving is the prevailing way to get to work, selected by 30% of workers, while public transit is not used. A small percentage of commuters walk to work.

Compared to the national average, Lake Panasoffkee has a high number of residents over the age of 25 who have earned a high school degree or GED (37%). Furthermore, 5% possess a Bachelor's degree and 1% have earned a Master's degree or Doctorate. Ten percent of the population in Lake Panasoffkee works in retail, making it the most common industry. Meanwhile, looking at job function, 7% of residents work in sales, which ranks as the top career path in the town. Lake Panasoffkee workers earn an average annual income of about $40K, less than the average Florida resident. The town's average income also trails the national average of $73,345.


Frequently Asked Questions About Lake Panasoffkee

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You can virtually tour any apartment by using our Lake Panasoffkee, FL Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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