In Panama City-Panama City Beach, FL, professionals in Arts, Design, Entertainment, Sports, and Media Occupations can expect an average annual salary of $54,050. This figure is notably below the national average of $77,720, suggesting that local market dynamics, such as industry demand and the specific economic landscape of the Florida Panhandle, play a significant role in compensation levels.
Executive Summary
- Average Salary: $54,050 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $92,690.
- Outlook: The local workforce for Arts, Design, Entertainment, Sports, and Media Occupations in Panama City-Panama City Beach, FL, comprises approximately 780 individuals. With a Location Quotient of 0.65, this sector is less concentrated than the national average, indicating a smaller but potentially stable presence within the regional economy. The rate of 8.881 jobs per 1,000 workers suggests a moderate level of employment within this specialized field.
Salary Overview
The average Arts, Design, Entertainment, Sports, and Media Occupations in Panama City-Panama City Beach, FL earns-30.5%below the national average.
$26
$1,039
$4,504
Arts, Design, Entertainment, Sports, and Media Occupations Salary Trends (2020-2024)
While specific historical data for this sector in Panama City-Panama City Beach is not provided, it's reasonable to assume a general trend of salary growth over the past four years, mirroring national economic recovery and increased demand for creative and media professionals. Such growth would likely be influenced by factors like inflation, evolving industry needs, and the overall economic health of the region.
Arts, Design, Entertainment, Sports, and Media Occupations Salary Distribution in Panama City-Panama City Beach, FL
Salary progression within Arts, Design, Entertainment, Sports, and Media Occupations typically scales significantly with experience. Entry-level positions might start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and a proven track record can command substantially higher salaries, potentially reaching well into the six figures. The percentile gaps in salary distribution clearly signify opportunities for career advancement and increased earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $29,280 | $14.1 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $40,538 | $19.5 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $44,900 | $21.6 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $67,563 | $32.5 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $92,690 | $44.6 |
Detailed Arts, Design, Entertainment, Sports, and Media Occupations Market Analysis
Relocation Context
Nominal Salary
$54,050
Gross Pay
Real Wage (Purchasing Power)
$54,050
Adjusted for COL (100)
The nominal average salary of $54,050 in Panama City-Panama City Beach, FL, aligns perfectly with the local Cost of Living Index of 100, which is equivalent to the national average. This means that the purchasing power of the average salary in this area is on par with the national standard, offering a balanced lifestyle without significant financial strain related to the cost of goods and services.
Job Market Context
780
Total Jobs
8.881
Per 1K Jobs
0.65
Location Quotient
Panama City-Panama City Beach, FL has 0.65x the national average concentration of Arts, Design, Entertainment, Sports, and Media Occupations jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
With a Location Quotient of 0.65, the market for Arts, Design, Entertainment, Sports, and Media Occupations in Panama City-Panama City Beach, FL, is less concentrated than the national average. This suggests that while the field is present, it is not a dominant industry hub, potentially leading to a less competitive environment for job seekers but also fewer specialized opportunities compared to larger metropolitan areas.
Nearby Job Markets
Nearby Cities for Arts, Design, Entertainment, Sports, and Media Occupations
Comparing salaries near Panama City-Panama City Beach, FL
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Frequently Asked Questions
How much does a Arts, Design, Entertainment, Sports, and Media Occupations make in Panama City-Panama City Beach, FL?
The median annual salary for a Arts, Design, Entertainment, Sports, and Media Occupations in Panama City-Panama City Beach, FL is $54,050. This typically ranges from $29,280 for entry-level positions to $92,690 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Panama City-Panama City Beach, FL is 30.5% lower than the national median of $77,720.
Is Panama City-Panama City Beach, FL a lucrative place for Arts, Design, Entertainment, Sports, and Media Occupationss?
No, it is not currently as lucrative as the national average.The average salary of $54,050 is significantly lower than the national average of $77,720, although the cost of living is on par with the national average.
Is Panama City-Panama City Beach, FL a good place to live for Arts, Design, Entertainment, Sports, and Media Occupations?
The Cost of Living Index in Panama City-Panama City Beach, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Panama City-Panama City Beach, FL?
Some top paying nearby cities include Crestview-Fort Walton Beach-Destin, FL ($62,210) and Dothan, AL.
How does the local salary compare to the national average?
The average annual salary for Arts, Design, Entertainment, Sports, and Media Occupations in Panama City-Panama City Beach, FL, is $54,050, which is considerably lower than the national average of $77,720.
What is the cost of living in Panama City-Panama City Beach, FL?
The Cost of Living Index in Panama City-Panama City Beach, FL, is 100, which is exactly the national average, indicating that the general cost of goods and services is comparable to the rest of the country.
How concentrated is this job sector in Panama City-Panama City Beach, FL?
The sector is less concentrated than the national average, with a Location Quotient of 0.65, suggesting it represents a smaller portion of the local job market compared to national trends.
What is the total workforce size for these occupations in the area?
There are approximately 780 individuals employed in Arts, Design, Entertainment, Sports, and Media Occupations in the Panama City-Panama City Beach, FL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 780 employees in the Panama City-Panama City Beach, FL area with a job density of 8.881 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Arts, Design, Entertainment, Sports, and Media Occupations • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL