Average Construction Managers Salary in Panama City-Panama City Beach, FL
Construction Managers in Panama City-Panama City Beach, FL, command an average annual salary of $101,110. This figure is notably below the national average of $119,770, suggesting that while the demand is present, specific local economic factors or market saturation may influence compensation levels in this Florida locale.
Executive Summary
- Average Salary: $101,110 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $171,790.
- Outlook: The local construction management job market in Panama City-Panama City Beach, FL, appears moderately robust, with a total workforce of 280 professionals. The Location Quotient of 1.41 indicates a higher concentration of these roles compared to the national average, suggesting a specialized demand within the region that supports a steady need for skilled construction managers.
Salary Overview
The average Construction Managers in Panama City-Panama City Beach, FL earns-15.6%below the national average.
$48.6
$1,944
$8,426
Construction Managers Salary Trends (2020-2024)
While specific historical data for Panama City-Panama City Beach is not provided, it's reasonable to assume that salaries for Construction Managers have experienced growth over the past four years, mirroring national trends. Factors such as increased construction activity, rising material costs, and a persistent demand for infrastructure and housing development likely contribute to upward pressure on wages in the sector.
Construction Managers Salary Distribution in Panama City-Panama City Beach, FL
Salary progression for Construction Managers typically scales significantly with experience. Entry-level positions might start at a lower percentile, while seasoned professionals with extensive project management expertise and a proven track record can command salaries in the higher percentiles. The gap between entry-level and senior roles reflects the increasing responsibility, complexity of projects managed, and specialized skills acquired over a career.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,200 | $23.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $75,833 | $36.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $91,800 | $44.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $126,388 | $60.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $171,790 | $82.6 |
Detailed Construction Managers Market Analysis
Relocation Context
Nominal Salary
$101,110
Gross Pay
Real Wage (Purchasing Power)
$101,110
Adjusted for COL (100)
The average annual salary of $101,110 in Panama City-Panama City Beach, FL, aligns precisely with the national average cost of living (index of 100). This means that the purchasing power of a Construction Manager's salary in this area is equivalent to the national standard, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
280
Total Jobs
3.182
Per 1K Jobs
1.41
Location Quotient
With a location quotient of 1.41, Panama City-Panama City Beach, FL has a slightly higher-than-average concentration of Construction Managers roles compared to the national norm.
With a Location Quotient of 1.41, Panama City-Panama City Beach, FL, exhibits a higher concentration of Construction Managers than the national average. This suggests that the job market here is more specialized and potentially more competitive for new entrants, but also indicates a strong existing industry presence and a consistent demand for professionals within this specific geographic area.
Nearby Job Markets
Nearby Cities for Construction Managers
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Construction Managers Salary | $109,120↑ 8% | 69 mi |
| Dothan, AL Construction Managers Salary | $92,540↓ 8% | 72 mi |
| Tallahassee, FL Construction Managers Salary | $103,520↑ 2% | 82 mi |
| Pensacola-Ferry Pass-Brent, FL Construction Managers Salary | $104,590↑ 3% | 96 mi |
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Construction Managerss?
Frequently Asked Questions
How much does a Construction Managers make in Panama City-Panama City Beach, FL?
The median annual salary for a Construction Managers in Panama City-Panama City Beach, FL is $101,110. This typically ranges from $49,200 for entry-level positions to $171,790 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 15.6% lower than the national median of $119,770.
Is Panama City-Panama City Beach, FL a lucrative place for Construction Managers?
Moderately so, with average pay slightly below the national benchmark but a strong local concentration.Construction Managers earn $101,110 locally, which is less than the national average, but the cost of living is also at the national average. The higher location quotient suggests a robust local demand for the profession.
Is Panama City-Panama City Beach, FL a good place to live for Construction Managers?
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 ($109,120) and Dothan, AL.
How does the local salary compare to the national average?
The average salary for Construction Managers in Panama City-Panama City Beach, FL, is $101,110, which is below the national average of $119,770.
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.
How concentrated is the Construction Manager job market in this area?
The job market is more concentrated than the national average, with a Location Quotient of 1.41, indicating a higher proportion of these jobs relative to the general workforce.
How many Construction Managers work in Panama City-Panama City Beach, FL?
There are approximately 280 Construction Managers employed 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 280 employees in the Panama City-Panama City Beach, FL area with a job density of 3.182 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction Managers • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL