Lake Panasoffkee, FL (33538) is a small town located in Sumter County, about 30 miles from Tampa. It has a population of around 2,500 people and offers an array of outdoor activities such as fishing, boating, and hiking the nearby Withlacoochee State Forest. The two bedroom rent in this area is $980, lower than the US average of $1,430. The grocery cost index is also slightly lower than the national index at 98 versus 100. Local businesses in Lake Panasoffkee include J&J Grocery Store for all your grocery needs and the 779 Grill & Bar for dining out with friends. With its outdoor activities and low cost of living, Lake Panasoffkee offers an excellent quality of life for its residents.
Lake Panasoffkee (zip 33538) has an unemployment rate of 6.6%. The US average is 6.0%.
Lake Panasoffkee (zip 33538) has seen the job market decrease by -4.3% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.
Tax Rates for Lake Panasoffkee (zip 33538)
- The Sales Tax Rate for Lake Panasoffkee (zip 33538) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Panasoffkee (zip 33538) is 0.0%. The US average is 4.6%.
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Income and Salaries for Lake Panasoffkee (zip 33538)
- The average income of a Lake Panasoffkee (zip 33538) resident is $27,771 a year. The US average is $37,638 a year.
- The Median household income of a Lake Panasoffkee (zip 33538) resident is $40,199 a year. The US average is $69,021 a year.