ZIP Code 33538 — Lake Panasoffkee CDP, FL Demographics & Data

ZIP code 33538 covers Lake Panasoffkee, FL in Sumter County with a population of about 5,748.

At a glance, the area shows median age of 47.6 versus a U.S. median of about 38.9.

It sits in telephone area code 352; U.S. House district FL-11; the ORLANDO - DAYTONA BCH - MELBRN media market.

Lake Panasoffkee, FL matches a tourism / travel destination profile (tourism/destination place names). Search demand here often clusters around weather, landmarks, short stays, and local services — the live 7-day forecast on this page is especially useful for trip planning.

Median household income in ZIP 33538 is about $48,951 — about 35% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 22.9%; unemployment rate near 6.0%; 15.4% of adults with a bachelor’s degree or higher (about 18.3 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Manufacturing, and Public administration; about 6.8% of workers reporting work-from-home (about 8.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $157,200 — about 55% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $662 (about 43% below the U.S. median rent ($1,163)), and owner-occupancy near 71.6% (about 6.2 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 33538 in Lake Panasoffkee, FL, a household would need roughly $43,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,010. That sits below the local median household income ($48,951), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Lake Panasoffkee CDP, FL as Relatively Moderate (composite score 87.6), which is elevated versus much of the country. The strongest component scores on US5 are hurricane (95.8) and wildfire (92.3). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Lake Panasoffkee CDP, FL show little to no average snow and around 52.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 257 for ZIP 33538 (Lake Panasoffkee CDP, FL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.