Panama City Beach is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Florida. With a population of 19,393 people and ten associated neighborhoods, Panama City Beach is the 155th largest community in Florida. Much of the housing stock in Panama City Beach was built relatively recently. The construction of new real estate can often be taken as an indication that the local Panama City Beach economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Panama City Beach, where the median household income is $78,921.00.

Panama City Beach is home to a number of people employed in the armed forces. When you visit or walk around Panama City Beach, some of the people you will bump into will be military people In and out of uniform, jogging, shopping and generally out and about town.

A relatively large number of people in Panama City Beach telecommute to their jobs. Overall, about 10.69% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Another notable thing is that Panama City Beach is a major vacation destination. Much of the city’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Panama City Beach’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.

Panama City Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

The citizens of Panama City Beach are very well educated compared to the average community in the nation: 36.76% of adults in Panama City Beach have a bachelor's degree or even advanced degree.

The per capita income in Panama City Beach in 2022 was $50,766, which is upper middle income relative to Florida, and wealthy relative to the rest of the US. This equates to an annual income of $203,064 for a family of four. However, Panama City Beach contains both very wealthy and poor people as well.

Panama City Beach is a very ethnically-diverse city. The people who call Panama City Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Panama City Beach residents report their race to be White, followed by Black or African-American. Important ancestries of people in Panama City Beach include Irish, English, German, French, and Italian.

The most common language spoken in Panama City Beach is English. Other important languages spoken here include Spanish and Slavic languages.