Panacea is located in Wakulla county Florida with a geographic area of 1.7 square miles. The total population in Panacea is 744 with 56.6% male and 43.4% female. Children under age 5 represent 9.3% of the population, under age 18 equal 28.6% of the population and over age 65 is 18.0% of the population. The median household income is $26,667, per capita income is $19,192. There are a total of 284 housing units with 95.8% owner occupied. Education includes 33.5% of residents that are high school graduates and 0.0% with a bachelor's degree or higher. The average temperature in Panacea in the summer is 80 degrees, and in the winter 56 degrees.
