Average All Occupations Salary in Crestview-Fort Walton Beach-Destin, FL
The average annual salary for All Occupations in the Crestview-Fort Walton Beach-Destin, FL area is $60,940. This figure is notably below the national average of $67,140, suggesting that local economic factors and industry demands may influence compensation levels in this region. Understanding these local dynamics is crucial for professionals seeking to optimize their earning potential.
Executive Summary
- Average Salary: $60,940 per year.
- Growth Trend: Salaries have shifted 24.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,540.
- Outlook: With a substantial local workforce of 124,720 individuals, the Crestview-Fort Walton Beach-Destin, FL area demonstrates a significant labor market. The Location Quotient of 1.0 indicates that the concentration of All Occupations jobs in this region is precisely in line with the national average, suggesting a stable and balanced demand for these roles within the local economy.
Salary Overview
The average All Occupations in Crestview-Fort Walton Beach-Destin, FL earns-9.2%below the national average.
$29.3
$1,172
$5,078
All Occupations Salary Trends (2020-2024)
While specific historical data for the last four years is not provided, it is generally assumed that salaries for All Occupations in most regions, including Crestview-Fort Walton Beach-Destin, FL, have experienced a steady upward trend. This growth is typically driven by inflation, increased demand for skilled labor, and evolving economic conditions, leading to incremental salary increases over time.
All Occupations Salary Distribution in Crestview-Fort Walton Beach-Destin, FL
Salary progression for All Occupations in Crestview-Fort Walton Beach-Destin, FL, like elsewhere, is strongly tied to experience. Entry-level positions typically command lower salaries, while senior roles with extensive experience and specialized skills can earn significantly more. The widening gap between entry-level and senior salaries, often reflected in percentile data, clearly signifies the career advancement and increased earning potential available within this field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Entry LevelStarting career. Focus on acquiring core skills. | 10% (Entry) | $28,110 | $13.5 |
| ExperiencedProficient professional working independently. | 25% (Junior) | $45,705 | $22 |
| Mid-LevelEstablished expert. Standard market value. | 50% (Median) | $45,980 | $22.1 |
| Senior LevelAdvanced skills, leadership or specialist role. | 75% (Senior) | $76,175 | $36.6 |
| Top TierIndustry leader / Executive level compensation. | 90% (Expert) | $107,540 | $51.7 |
Detailed All Occupations Market Analysis
Relocation Context
Nominal Salary
$60,940
Gross Pay
Real Wage (Purchasing Power)
$60,940
Adjusted for COL (100)
The nominal average salary of $60,940 in Crestview-Fort Walton Beach-Destin, FL, aligns perfectly with the national average cost of living, indicated by an index of 100. This means that, on average, the purchasing power of the salary in this region is comparable to the national average, offering a stable financial environment for residents.
Job Market Context
124,720
Total Jobs
1000
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Crestview-Fort Walton Beach-Destin, FL has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.
A Location Quotient of 1.0 for All Occupations in Crestview-Fort Walton Beach-Destin, FL, signifies that the job market is neither over-saturated nor significantly undersupplied compared to national benchmarks. This equilibrium suggests a competitive yet accessible job market where opportunities are present, but employers may still be selective based on qualifications and experience.
Nearby Job Markets
Nearby Cities for All Occupations
| City | Salary | Dist. |
|---|---|---|
| Pensacola-Ferry Pass-Brent, FL All Occupations Salary | $56,430↓ 7% | 42 mi |
| Panama City-Panama City Beach, FL All Occupations Salary | $55,210↓ 9% | 69 mi |
| Dothan, AL All Occupations Salary | $48,220↓ 21% | 77 mi |
| Daphne-Fairhope-Foley, AL All Occupations Salary | $47,790↓ 22% | 78 mi |
| Mobile, AL All Occupations Salary | $54,490↓ 11% | 91 mi |
Comparing salaries near Crestview-Fort Walton Beach-Destin, FL
Hiring All Occupationss?
Frequently Asked Questions
How much does a All Occupations make in Crestview-Fort Walton Beach-Destin, FL?
The median annual salary for a All Occupations in Crestview-Fort Walton Beach-Destin, FL is $60,940. This typically ranges from $28,110 for entry-level positions to $107,540 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Crestview-Fort Walton Beach-Destin, FL is 9.2% lower than the national median of $67,140.
Is Crestview-Fort Walton Beach-Destin, FL a lucrative place for All Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $60,940 is below the national average of $67,140, indicating less lucrative compensation. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is Crestview-Fort Walton Beach-Destin, FL a good place to live for All Occupations?
The Cost of Living Index in Crestview-Fort Walton Beach-Destin, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Crestview-Fort Walton Beach-Destin, FL?
Some top paying nearby cities include Pensacola-Ferry Pass-Brent, FL ($56,430) and Panama City-Panama City Beach, FL.
How does the Crestview-Fort Walton Beach-Destin, FL salary compare to the national average?
The average annual salary for All Occupations in Crestview-Fort Walton Beach-Destin, FL is $60,940, which is lower than the national average of $67,140.
What is the cost of living in Crestview-Fort Walton Beach-Destin, FL?
The cost of living index for Crestview-Fort Walton Beach-Destin, FL is 100, which is exactly the national average.
How large is the workforce for All Occupations in this area?
The total local workforce for All Occupations in Crestview-Fort Walton Beach-Destin, FL is 124,720 individuals.
Is there a high concentration of All Occupations jobs in this region?
The Location Quotient is 1.0, indicating that the concentration of All Occupations jobs in Crestview-Fort Walton Beach-Destin, FL is in line with the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 124,720 employees in the Crestview-Fort Walton Beach-Destin, FL area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for All Occupations • Data source: BLS OEWS 2024 •Jobs in Crestview-Fort Walton Beach-Destin, FL