Quick facts: Panacea, FL

105.0
Cost of Living
above US average
1,152
Population
4.34
Crime Rate per 1000
below US average
$36,250
Median Income
below US average
$519,950
Median House Price
above US average
$1800
Average Rent
above US average
10%
Poverty Rate
below US average
4.2%
Unemployment Rate
above US average

Overview for Panacea, FL

Panacea, Florida, is a charming coastal community located in Wakulla County, situated along the Gulf of Mexico. With a population of around 1,000 residents, this small town is known for its natural beauty, offering a serene escape with lush landscapes and coastal scenery. Panacea is particularly famous for its proximity to several nature preserves, seafood markets, and outdoor recreational activities. The town is a gateway to the nearby Apalachicola National Forest and the St. Marks National Wildlife Refuge, attracting nature lovers, bird watchers, and outdoor enthusiasts. Panacea is also home to various small local restaurants serving fresh seafood, providing visitors with a taste of the region’s culinary offerings. Additionally, the area features historical landmarks such as the Panacea Water Tower and the local Heritage Museum, which reflect its rich cultural background. The town’s laid-back atmosphere, combined with its stunning waterfront views, makes it a perfect spot for visitors looking to experience Florida's natural charm while enjoying activities like kayaking, fishing, and hiking.