Panama City Beach, a city located in the state of Florida (FL), is home to a population of approximately 18,281 people. Panama City Beach boasts a median age of 45.3, with around 27.7% of its residents aged 60 or above. 10.8% of the population identifies as US Veterans. 15.2% of Panama City Beach residents are disabled. The city has an average household income of $76,091, while the unemployment rate stands at 2.8%, and around 9.1% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Panama City Beach is $364,030, with a monthly rent averaging $1,646.