Lake Panasoffkee, FL has a population of 3,376 and is the 8,226th largest city in the United States. The population density is 851 per sq mi which is 190% higher than the Florida average and 839% higher than the national average. The median age in Lake Panasoffkee is 53 which is approximately 28% higher than the Florida average of 42. In Lake Panasoffkee, 58% of the population over 15 years of age are married, 98% speak English and 1% speak Spanish. 41% of Lake Panasoffkee residents were born in Florida, 57% were born out of state, 0% were born outside of the United States and 2% were foreign born.