In Panama City-Panama City Beach, FL, Laborers and Freight, Stock, and Material Movers, Hand earn an average annual salary of $36,460. This figure is notably below the national average of $41,390, reflecting localized economic factors and demand specific to the region. While the national average suggests a certain pay scale, regional variations in cost of living, industry concentration, and local employer needs significantly influence compensation for these essential roles.
Executive Summary
- Average Salary: $36,460 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $45,530.
- Outlook: The job market for Laborers and Freight, Stock, and Material Movers, Hand in Panama City-Panama City Beach, FL, is moderately concentrated, with a Location Quotient of 0.69 indicating a slightly lower presence than the national average. The local workforce comprises 1,180 individuals in this occupation, suggesting a stable, albeit not exceptionally high, demand. With 13.381 jobs per 1,000 workers, the market offers consistent opportunities for those in the field.
Salary Overview
The average Laborers and Freight, Stock, and Material Movers, Hand in Panama City-Panama City Beach, FL earns-11.9%below the national average.
$17.5
$701
$3,038
Laborers and Freight, Stock, and Material Movers, Hand Salary Trends (2020-2024)
While specific historical data for this precise role in Panama City is not provided, it's reasonable to assume a general upward trend in wages for laborers and material movers over the past four years, mirroring national economic growth and inflation. Increased demand for logistics and warehousing services, coupled with a rising cost of living, typically drives salary adjustments upwards, even in localized markets.
Laborers and Freight, Stock, and Material Movers, Hand Salary Distribution in Panama City-Panama City Beach, FL
Salary progression for Laborers and Freight, Stock, and Material Movers, Hand typically scales with experience. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command significantly higher salaries. The percentile gaps in earnings highlight the career trajectory available, rewarding dedication, efficiency, and accumulated expertise within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $27,680 | $13.3 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $27,345 | $13.1 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $35,410 | $17 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $45,575 | $21.9 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $45,530 | $21.9 |
Detailed Laborers and Freight, Stock, and Material Movers, Hand Market Analysis
Relocation Context
Nominal Salary
$36,460
Gross Pay
Real Wage (Purchasing Power)
$36,460
Adjusted for COL (100)
The average annual salary of $36,460 in Panama City-Panama City Beach, FL, aligns precisely with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average for this occupation, the purchasing power of that salary locally is equivalent to the national average. Therefore, individuals earning this wage can expect their income to cover essential living expenses at a standard national level.
Job Market Context
1,180
Total Jobs
13.381
Per 1K Jobs
0.69
Location Quotient
Panama City-Panama City Beach, FL has 0.69x the national average concentration of Laborers and Freight, Stock, and Material Movers, Hand 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 0.69, the Panama City-Panama City Beach, FL, market shows a lower concentration of Laborers and Freight, Stock, and Material Movers, Hand compared to the national average. This suggests that while the occupation is present and necessary, it is not a dominant industry sector in the region. The job market is likely moderately competitive, with opportunities available but perhaps not as abundant as in areas with a higher concentration of logistics and distribution hubs.
Nearby Job Markets
Nearby Cities for Laborers and Freight, Stock, and Material Movers, Hand
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Laborers and Freight, Stock, and Material Movers, Hands?
Frequently Asked Questions
How much does a Laborers and Freight, Stock, and Material Movers, Hand make in Panama City-Panama City Beach, FL?
The median annual salary for a Laborers and Freight, Stock, and Material Movers, Hand in Panama City-Panama City Beach, FL is $36,460. This typically ranges from $27,680 for entry-level positions to $45,530 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 11.9% lower than the national median of $41,390.
Is Panama City-Panama City Beach, FL a lucrative place for Laborers and Freight, Stock, and Material Movers, Hands?
No, not exceptionally lucrative compared to the national average.The average salary of $36,460 is below the national average, although the cost of living is also at the national average. This indicates that while your earnings will have standard purchasing power, they do not offer a significant financial advantage over national benchmarks.
Is Panama City-Panama City Beach, FL a good place to live for Laborers and Freight, Stock, and Material Movers, Hands?
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 ($37,810) and Dothan, AL.
How does experience affect pay for material movers in Panama City?
Experience is a key driver of salary increases. Entry-level positions will offer lower pay, while those with several years of experience, specialized skills, or supervisory roles can expect to earn considerably more than the average $36,460.
What is the job outlook for material movers in this region?
The outlook is stable, with 1,180 individuals employed in this role locally and 13.381 jobs per 1,000 workers, indicating consistent demand without extreme growth.
Is the cost of living high in Panama City-Panama City Beach, FL?
No, the cost of living is exactly at the national average, indicated by an index of 100. This means that expenses for housing, food, and transportation are comparable to the typical U.S. city.
How does the local concentration of material movers compare nationally?
The local concentration, measured by the Location Quotient of 0.69, is lower than the national average. This suggests that this occupation is less prevalent in Panama City-Panama City Beach relative to the overall workforce compared to the nation.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,180 employees in the Panama City-Panama City Beach, FL area with a job density of 13.381 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Laborers and Freight, Stock, and Material Movers, Hand • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL