In Panama City-Panama City Beach, FL, Medical Secretaries and Administrative Assistants earn an average annual salary of $39,580. This figure is below the national average of $45,380, a common trend in areas where the cost of living aligns closely with the national benchmark. Local economic factors and demand dynamics specific to the region influence this compensation.
Executive Summary
- Average Salary: $39,580 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $48,310.
- Outlook: The job market for Medical Secretaries and Administrative Assistants in Panama City-Panama City Beach, FL, shows a moderate level of concentration, indicated by a Location Quotient of 1.24. With a local workforce of 590 professionals in this role, the demand appears stable, suggesting a consistent need for these administrative support services within the healthcare sector.
Salary Overview
The average Medical Secretaries and Administrative Assistants in Panama City-Panama City Beach, FL earns-12.8%below the national average.
$19
$761
$3,298
Medical Secretaries and Administrative Assistants Salary Trends (2020-2024)
While specific historical data for this role in Panama City-Panama City Beach, FL is not provided, it is generally assumed that salaries for Medical Secretaries and Administrative Assistants have experienced gradual growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for healthcare services, and the evolving responsibilities of administrative roles.
Medical Secretaries and Administrative Assistants Salary Distribution in Panama City-Panama City Beach, FL
Career progression for Medical Secretaries and Administrative Assistants typically involves a salary increase with experience. Entry-level positions might start closer to the lower end of the pay scale, while senior or specialized roles can command significantly higher salaries, reflecting accumulated expertise and broader responsibilities. The variance in pay across different experience levels highlights clear opportunities for career advancement within the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $30,210 | $14.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $29,685 | $14.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $36,580 | $17.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $49,475 | $23.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $48,310 | $23.2 |
Detailed Medical Secretaries and Administrative Assistants Market Analysis
Relocation Context
Nominal Salary
$39,580
Gross Pay
Real Wage (Purchasing Power)
$39,580
Adjusted for COL (100)
The average annual salary of $39,580 in Panama City-Panama City Beach, FL, is directly comparable to the national average cost of living, which stands at an index of 100. This means that the purchasing power of the salary in this location is consistent with what one would expect nationally, offering a balanced financial environment for professionals.
Job Market Context
590
Total Jobs
6.662
Per 1K Jobs
1.24
Location Quotient
With a location quotient of 1.24, Panama City-Panama City Beach, FL has a slightly higher-than-average concentration of Medical Secretaries and Administrative Assistants roles compared to the national norm.
With a Location Quotient of 1.24, Panama City-Panama City Beach, FL, exhibits a slightly higher concentration of Medical Secretaries and Administrative Assistants compared to the national average. This suggests that the job market here is somewhat more robust or specialized in this field than in other regions, potentially offering more opportunities or a more competitive environment for these roles.
Nearby Job Markets
Nearby Cities for Medical Secretaries and Administrative Assistants
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Medical Secretaries and Administrative Assistantss?
Frequently Asked Questions
How much does a Medical Secretaries and Administrative Assistants make in Panama City-Panama City Beach, FL?
The median annual salary for a Medical Secretaries and Administrative Assistants in Panama City-Panama City Beach, FL is $39,580. This typically ranges from $30,210 for entry-level positions to $48,310 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 12.8% lower than the national median of $45,380.
Is Panama City-Panama City Beach, FL a lucrative place for Medical Secretaries and Administrative Assistants?
No, it is not exceptionally lucrative compared to the national average.While the cost of living is average, the average salary of $39,580 is notably lower than the national average of $45,380, indicating less lucrative compensation.
Is Panama City-Panama City Beach, FL a good place to live for Medical Secretaries and Administrative Assistants?
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 ($41,590) and Dothan, AL.
What is the average salary for a Medical Secretary in Panama City-Panama City Beach, FL?
The average annual salary for a Medical Secretary and Administrative Assistant in Panama City-Panama City Beach, FL is $39,580.
How does the salary compare to the national average?
The average salary in Panama City-Panama City Beach, FL ($39,580) is lower than the national average salary of $45,380.
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 job market for Medical Secretaries in this area?
The job market is slightly more concentrated than the national average, with a Location Quotient of 1.24, indicating a higher presence of these roles relative to the general workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 590 employees in the Panama City-Panama City Beach, FL area with a job density of 6.662 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Medical Secretaries and Administrative Assistants • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL