Panacea, FL


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Panacea, FL

About Panacea, FL

Living in Panacea, FL is an incredible experience. The small town feel is perfect for those who want to escape the hustle and bustle of city life and enjoy a more relaxed atmosphere. Even though it’s a small town, there’s plenty to do here. From kayaking along the shoreline to shopping at local shops, there are plenty of activities for visitors and residents alike. The mild climate makes it a great place to visit any time of year, and the beautiful sunsets provide natural beauty you won’t find anywhere else. Panacea has something for everyone - come experience it yourself! Capital city/College town - Middle of Florida Panhandle, 30 miles north of the Gulf of Mexico and 20 miles from the Georgia border.

Location Details

State: Florida
County: Wakulla County
Metro Area: Tallahassee Metro Area
City: Panacea
Zip Codes: 32346
Cost of Living:
Time zone: Eastern Standard Time (EST)
Elevation: 68 ft above sea level
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Dig Deeper on Panacea

Tallahassee is a Mid-sized mix of several defining elements. It is the state’s capital but bears little resemblance to the coastal cities more aligned with the Florida image. It is a college town, home to the 35,000-student Florida State University and the smaller Florida A&M, but doesn’t come across as a typical college town. It is, both in character and appearance, more of a Southern city than a Florida one – laid back, dignified buildings and grid streets with a canopy of large trees, forests and cotton fields outside of town.

Pluses include a few college-town amenities, particularly sports, nightlife and healthcare facilities, and high educational attainment. Home prices haven’t escalated as much as in other Florida cities, and Tallahassee has good home values and neighborhoods. For that reason, the area is starting to become more popular for retirees looking for a pleasant climate, less crowding and some intellectual stimulation. Outdoor recreation opportunities lie in the Apalachicola National Forest and beach areas just south of town. With 36 days below freezing, Tallahassee is by far the coldest metro area in Florida, although hardly cold by national standards.

Local terrain is rolling, with rich, red soil and forests of live oak, pine, magnolia, and a variety of other subtropical vegetation. Numerous lakes surround the area, and the countryside is famous for its “canopy roads” - long stretches of road completely sheltered by overhanging live oak trees. The climate is mild and moist with distinct seasons. Winter brings considerable rain and cloudiness, with temperatures occasionally dropping into the teens. Summer is the least pleasant season- high temperatures and very high humidity cause considerable discomfort, plus thunderstorms occur every other day.

Panacea Cost of Living
$$$$

College-town amenities, surrounding countryside, and educated population make Panacea a great place to live.

$355,500
+4.9% higher than avg
$31,976
-115.9% lower than avg
$910 /mo
Monthly rent (2br)
-26.2% lower than avg
Panacea Crime
38.7 / 100
Crime is ranked on a scale of 1 (low) to 100 (high). US average: 35.4
Minimum annual income
To live comfortably in Panacea, Florida
$68,040
for a family
$57,600
for a single person
Pros & Cons of Panacea
   College-town amenities
Violent crime rate
   Surrounding countryside
Air service
   Educated population
Hot, humid summers
Cost of Living
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