Average Electrical Engineers Salary in Panama City-Panama City Beach, FL
The average salary for a Electrical Engineers in Panama City-Panama City Beach, FL is $123,090. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $123,090 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $182,510.
- Outlook: The current demand for Electrical Engineerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Panama City-Panama City Beach, FL economy.
Salary Overview
The average Electrical Engineers in Panama City-Panama City Beach, FL earns+1.7%above the national average.
$59.2
$2,367
$10,258
Electrical Engineers Salary Trends (2020-2024)
Historical trend data for Electrical Engineers in Panama City-Panama City Beach, FL is limited, but current market signals indicate a stable demand environment.
Electrical Engineers Salary Distribution in Panama City-Panama City Beach, FL
The earning potential for Electrical Engineerss in Panama City-Panama City Beach, FL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $70,190, while highly experienced professionals can command wages upwards of $182,510.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $70,190 | $33.7 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $92,318 | $44.4 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $104,680 | $50.3 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $153,863 | $74 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $182,510 | $87.7 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$123,090
Gross Pay
Real Wage (Purchasing Power)
$123,090
Adjusted for COL (100)
In Panama City-Panama City Beach, FL, the Cost of Living Index is 100. This increases your effective purchasing power from $123,090 to $123,090.
Job Market Context
60
Total Jobs
0.658
Per 1K Jobs
0.54
Location Quotient
Panama City-Panama City Beach, FL has 0.54x the national average concentration of Electrical Engineers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
60 people work as Electrical Engineers in Panama City-Panama City Beach, FL.
Only 0.658 out of every 1,000 local jobs are Electrical Engineers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Electrical Engineers Salary | $121,520↓ 1% | 69 mi |
| Dothan, AL Electrical Engineers Salary | $101,730↓ 17% | 72 mi |
| Tallahassee, FL Electrical Engineers Salary | $108,720↓ 12% | 82 mi |
| Pensacola-Ferry Pass-Brent, FL Electrical Engineers Salary | $105,010↓ 15% | 96 mi |
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Panama City-Panama City Beach, FL?
The median annual salary for a Electrical Engineers in Panama City-Panama City Beach, FL is $123,090. This typically ranges from $70,190 for entry-level positions to $182,510 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 1.7% higher than the national median of $121,030.
Is Panama City-Panama City Beach, FL a good place for Electrical Engineerss?
Yes, Panama City-Panama City Beach, FL is financially attractive for Electrical Engineerss. The average salary of $123,090 exceeds the national average. See distinct detailed breakdown below.
Is Panama City-Panama City Beach, FL a good place to live for Electrical Engineers?
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 ($121,520) and Dothan, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Panama City-Panama City Beach, FL area with a job density of 0.658 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electrical Engineers • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL