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Average Human Resources Specialists Salary in Panama City-Panama City Beach, FL

Human Resources Specialists in Panama City-Panama City Beach, FL earn an average annual salary of $68,850. This figure is below the national average of $79,090, suggesting that local market dynamics, such as industry concentration and demand, play a significant role in compensation within this region.

Executive Summary

  • Average Salary: $68,850 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $110,300.
  • Outlook: The local job market for Human Resources Specialists in Panama City-Panama City Beach, FL, comprises approximately 350 professionals. With a Location Quotient of 0.66, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally high demand relative to the broader U.S. job landscape.
2024 Market Data

Salary Overview

$68,850

The average Human Resources Specialists in Panama City-Panama City Beach, FL earns-12.9%below the national average.

BreakdownBased on 40h/week
Hourly

$33.1

Weekly

$1,324

Monthly

$5,738

Human Resources Specialists Salary Distribution in Panama City-Panama City Beach, FL

Salary progression for Human Resources Specialists typically scales with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with extensive expertise can command salaries in the higher percentiles, reflecting increased responsibility and specialized knowledge. The gap between entry-level and senior roles signifies substantial career growth opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,330$18.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$51,638$24.8
ManagerOversees team, compliance, and project delivery.50% (Median)$60,730$29.2
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$86,063$41.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$110,300$53

Detailed Human Resources Specialists Market Analysis

Relocation Context

Nominal Salary

$68,850

Gross Pay

Real Wage (Purchasing Power)

$68,850

Adjusted for COL (100)

The average annual salary of $68,850 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 an HR Specialist's salary in this area is comparable to the national average, offering a balanced financial outlook for residents.

Job Market Context

350

Total Jobs

3.941

Per 1K Jobs

0.66

Location Quotient

Below Average

Panama City-Panama City Beach, FL has 0.66x the national average concentration of Human Resources Specialists jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.66 suggests that Human Resources Specialists are less concentrated in Panama City-Panama City Beach, FL, compared to the national average. This indicates a potentially less saturated market, which could present opportunities for skilled professionals, though it also implies a lower overall demand relative to other regions.

Nearby Job Markets

Nearby Cities for Human Resources Specialists

Comparing salaries near Panama City-Panama City Beach, FL

Hiring Human Resources Specialistss?

Frequently Asked Questions

How much does a Human Resources Specialists make in Panama City-Panama City Beach, FL?

The median annual salary for a Human Resources Specialists in Panama City-Panama City Beach, FL is $68,850. This typically ranges from $38,330 for entry-level positions to $110,300 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 12.9% lower than the national median of $79,090.

Is Panama City-Panama City Beach, FL a lucrative place for Human Resources Specialists?

No, not exceptionally lucrative compared to the national average.While the cost of living is average, the salary of $68,850 is notably lower than the national average of $79,090 for Human Resources Specialists.

Is Panama City-Panama City Beach, FL a good place to live for Human Resources Specialists?

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 ($76,740) and Dothan, AL.

What is the average salary for an HR Specialist in Panama City-Panama City Beach, FL?

The average annual salary for a Human Resources Specialist in Panama City-Panama City Beach, FL is $68,850.

How does the Panama City-Panama City Beach, FL salary compare to the national average?

The average salary in Panama City-Panama City Beach, FL ($68,850) is lower than the national average ($79,090).

What is the cost of living in Panama City-Panama City Beach, FL?

The cost of living in Panama City-Panama City Beach, FL is at the national average, indicated by an index of 100.

How concentrated is the HR Specialist job market in this area?

The job market concentration for HR Specialists is slightly below the national average, with a Location Quotient of 0.66.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Panama City-Panama City Beach, FL area with a job density of 3.941 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.