Average Food Service Managers Salary in Panama City-Panama City Beach, FL
Food Service Managers in Panama City-Panama City Beach, FL, can expect an average annual salary of $65,830. This figure is notably below the national average of $72,020, suggesting that local market dynamics and potentially a different cost structure influence compensation in this Florida locale. While the nominal salary is lower, understanding the full economic picture requires examining the local cost of living and job market concentration.
Executive Summary
- Average Salary: $65,830 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $104,950.
- Outlook: The local job market for Food Service Managers in Panama City-Panama City Beach, FL, shows a moderate level of demand, indicated by 2.961 jobs per 1,000 workers. With a total local workforce of 260 individuals in this role, the market is neither saturated nor exceptionally scarce, suggesting a stable environment for those seeking or maintaining employment in this sector.
Salary Overview
The average Food Service Managers in Panama City-Panama City Beach, FL earns-8.6%below the national average.
$31.7
$1,266
$5,486
Food Service Managers Salary Trends (2020-2024)
While specific historical data for this exact role and location isn't provided, it's reasonable to assume that salaries for Food Service Managers in Panama City-Panama City Beach, FL, have experienced gradual growth over the past four years, mirroring national trends. Economic factors such as inflation, increased demand for dining services, and rising operational costs likely contribute to upward pressure on wages, even if the pace of growth varies.
Food Service Managers Salary Distribution in Panama City-Panama City Beach, FL
Career progression for Food Service Managers typically involves a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive management experience and a proven track record can command salaries in the higher percentiles. The gap between these percentiles represents the tangible rewards of skill development, leadership acumen, and tenure within the industry.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $32,520 | $15.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $49,373 | $23.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $59,960 | $28.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $82,288 | $39.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $104,950 | $50.5 |
Detailed Food Service Managers Market Analysis
Relocation Context
Nominal Salary
$65,830
Gross Pay
Real Wage (Purchasing Power)
$65,830
Adjusted for COL (100)
The average annual salary of $65,830 in Panama City-Panama City Beach, FL, aligns perfectly with the national average cost of living, which is indexed at 100. This means that the purchasing power of a Food Service Manager's salary in this area is neither enhanced nor diminished by local living expenses compared to the national standard, offering a balanced financial outlook.
Job Market Context
260
Total Jobs
2.961
Per 1K Jobs
1.87
Location Quotient
Panama City-Panama City Beach, FL has 1.9x the national concentration of Food Service Managers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 1.87, Panama City-Panama City Beach, FL, exhibits a significantly higher concentration of Food Service Managers compared to the national average. This indicates a robust and potentially competitive market for these professionals, suggesting that the demand for their skills is proportionally greater in this region than across the United States as a whole.
Nearby Job Markets
Nearby Cities for Food Service Managers
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Food Service Managers Salary | $69,580↑ 6% | 69 mi |
| Dothan, AL Food Service Managers Salary | $67,150↑ 2% | 72 mi |
| Tallahassee, FL Food Service Managers Salary | $61,560↓ 6% | 82 mi |
| Pensacola-Ferry Pass-Brent, FL Food Service Managers Salary | $62,900↓ 4% | 96 mi |
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Food Service Managerss?
Frequently Asked Questions
How much does a Food Service Managers make in Panama City-Panama City Beach, FL?
The median annual salary for a Food Service Managers in Panama City-Panama City Beach, FL is $65,830. This typically ranges from $32,520 for entry-level positions to $104,950 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 8.6% lower than the national median of $72,020.
Is Panama City-Panama City Beach, FL a lucrative place for Food Service Managers?
No, not significantly more lucrative than the national average.While the average salary of $65,830 is substantial, it falls below the national average of $72,020. However, the cost of living being at the national average (100) means the salary's purchasing power is standard.
Is Panama City-Panama City Beach, FL a good place to live for Food Service 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 ($69,580) and Dothan, AL.
How does the local job market compare nationally?
The local job market for Food Service Managers in Panama City-Panama City Beach, FL, is more concentrated than the national average, with a Location Quotient of 1.87, indicating a higher proportion of these roles relative to the general workforce.
What is the average salary for a Food Service Manager in Panama City-Panama City Beach, FL?
The average annual salary for a Food Service Manager in Panama City-Panama City Beach, FL, is $65,830.
How does the cost of living in Panama City-Panama City Beach, FL affect salary perception?
The cost of living index is 100, which is the national average. This means the $65,830 salary has standard purchasing power, neither significantly boosted nor hindered by local expenses.
Is there high demand for Food Service Managers in this area?
The data suggests a moderate to high demand, with 2.961 jobs per 1,000 workers and a concentration quotient of 1.87, indicating a stronger presence of this occupation than 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 260 employees in the Panama City-Panama City Beach, FL area with a job density of 2.961 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Food Service Managers • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL