Average Miscellaneous Assemblers and Fabricators Salary in Panama City-Panama City Beach, FL
In Panama City-Panama City Beach, FL, Miscellaneous Assemblers and Fabricators earn an average annual salary of $45,050. This figure is slightly above the national average of $44,850, indicating a stable demand for these roles within the local economy. Factors such as regional industry needs and the specific skill sets required in this area contribute to this competitive compensation.
Executive Summary
- Average Salary: $45,050 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $50,280.
- Outlook: The local job market for Miscellaneous Assemblers and Fabricators in Panama City-Panama City Beach, FL, is characterized by a workforce of 820 individuals. With a Location Quotient of 0.98, the concentration of these jobs is nearly on par with the national average, suggesting a steady and consistent presence of this profession within the region's employment landscape.
Salary Overview
The average Miscellaneous Assemblers and Fabricators in Panama City-Panama City Beach, FL earns+0.4%above the national average.
$21.7
$866
$3,754
Miscellaneous Assemblers and Fabricators Salary Trends (2020-2024)
While specific historical data for this niche role in Panama City is not provided, it is reasonable to assume that salaries for Miscellaneous Assemblers and Fabricators have seen gradual growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typical as demand for skilled labor persists and the cost of living adjusts.
Miscellaneous Assemblers and Fabricators Salary Distribution in Panama City-Panama City Beach, FL
Career progression for Miscellaneous Assemblers and Fabricators typically involves a significant salary increase from entry-level to senior positions. While specific percentile data is unavailable, the typical salary range often sees entry-level roles starting around the lower end of the spectrum, with experienced professionals commanding higher salaries, reflecting acquired expertise and responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $35,220 | $16.9 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $33,788 | $16.2 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $45,860 | $22 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $56,313 | $27.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $50,280 | $24.2 |
Detailed Miscellaneous Assemblers and Fabricators Market Analysis
Relocation Context
Nominal Salary
$45,050
Gross Pay
Real Wage (Purchasing Power)
$45,050
Adjusted for COL (100)
The average annual salary of $45,050 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 the salary is equivalent to the national average, making it a neutral factor for relocation considerations from a cost-of-living perspective.
Job Market Context
820
Total Jobs
9.281
Per 1K Jobs
0.98
Location Quotient
Panama City-Panama City Beach, FL has 0.98x the national average concentration of Miscellaneous Assemblers and Fabricators 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 0.98, the job market for Miscellaneous Assemblers and Fabricators in Panama City-Panama City Beach, FL, is very close to the national average in terms of concentration. This suggests a balanced market where the availability of these roles is neither exceptionally high nor low compared to other regions, offering a stable employment environment.
Nearby Job Markets
Nearby Cities for Miscellaneous Assemblers and Fabricators
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Miscellaneous Assemblers and Fabricators Salary | $42,810↓ 5% | 69 mi |
| Dothan, AL Miscellaneous Assemblers and Fabricators Salary | $32,800↓ 27% | 72 mi |
| Tallahassee, FL Miscellaneous Assemblers and Fabricators Salary | $39,370↓ 13% | 82 mi |
| Pensacola-Ferry Pass-Brent, FL Miscellaneous Assemblers and Fabricators Salary | $40,890↓ 9% | 96 mi |
Comparing salaries near Panama City-Panama City Beach, FL
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Frequently Asked Questions
How much does a Miscellaneous Assemblers and Fabricators make in Panama City-Panama City Beach, FL?
The median annual salary for a Miscellaneous Assemblers and Fabricators in Panama City-Panama City Beach, FL is $45,050. This typically ranges from $35,220 for entry-level positions to $50,280 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 0.4% higher than the national median of $44,850.
Is Panama City-Panama City Beach, FL a lucrative place for Miscellaneous Assemblers and Fabricators?
Yes, it offers competitive compensation.The average salary of $45,050 is slightly above the national average, and the cost of living is exactly at the national average, indicating good purchasing power for these roles.
Is Panama City-Panama City Beach, FL a good place to live for Miscellaneous Assemblers and Fabricators?
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 ($42,810) and Dothan, AL.
How does the local workforce size impact job availability?
A local workforce of 820 indicates a moderate-sized pool of professionals, suggesting consistent but not overwhelming demand for Miscellaneous Assemblers and Fabricators in the area.
What does a Location Quotient of 0.98 signify?
A Location Quotient of 0.98 means that the concentration of Miscellaneous Assemblers and Fabricators in Panama City-Panama City Beach is just slightly below the national average, implying a stable and representative job market.
How does the cost of living affect the $45,050 salary?
With a Cost of Living Index of 100, the $45,050 salary has the same purchasing power as the national average salary, making it neither particularly advantageous nor disadvantageous for residents.
Are there many job opportunities for this role in Panama City-Panama City Beach?
The number of jobs per 1,000 workers is 9.281, which, when considered with the near-average Location Quotient, suggests a healthy and consistent level of opportunities for Miscellaneous Assemblers and Fabricators.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 820 employees in the Panama City-Panama City Beach, FL area with a job density of 9.281 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Miscellaneous Assemblers and Fabricators • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL