Average Personal Financial Advisors Salary in Panama City-Panama City Beach, FL
The average salary for Personal Financial Advisorss in Panama City-Panama City Beach, FL is $143,400. While this is lower than the national average, the cost of living in Panama City-Panama City Beach, FL may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $143,400 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $215,100.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Panama City-Panama City Beach, FL economy.
Salary Overview
The average Personal Financial Advisors in Panama City-Panama City Beach, FL earns-10.6%below the national average.
$68.9
$2,758
$11,950
Personal Financial Advisors Salary Trends (2020-2024)
Historical trend data for Personal Financial Advisors in Panama City-Panama City Beach, FL is limited, but current market signals indicate a stable demand environment.
Personal Financial Advisors Salary Distribution in Panama City-Panama City Beach, FL
The earning potential for Personal Financial Advisorss in Panama City-Panama City Beach, FL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $47,230, while highly experienced professionals can command wages upwards of $215,100.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,230 | $22.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $107,550 | $51.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,460 | $39.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $179,250 | $86.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $215,100 | $103.4 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$143,400
Gross Pay
Real Wage (Purchasing Power)
$143,400
Adjusted for COL (100)
In Panama City-Panama City Beach, FL, the Cost of Living Index is 100. This increases your effective purchasing power from $143,400 to $143,400.
Job Market Context
120
Total Jobs
1.405
Per 1K Jobs
0.8
Location Quotient
Panama City-Panama City Beach, FL has 0.80x the national average concentration of Personal Financial Advisors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
120 people work as Personal Financial Advisors in Panama City-Panama City Beach, FL.
1.405 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Personal Financial Advisors Salary | $136,630↓ 5% | 69 mi |
| Dothan, AL Personal Financial Advisors Salary | $166,980↑ 16% | 72 mi |
| Tallahassee, FL Personal Financial Advisors Salary | $119,620↓ 17% | 82 mi |
| Pensacola-Ferry Pass-Brent, FL Personal Financial Advisors Salary | $123,500↓ 14% | 96 mi |
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Panama City-Panama City Beach, FL?
The median annual salary for a Personal Financial Advisors in Panama City-Panama City Beach, FL is $143,400. This typically ranges from $47,230 for entry-level positions to $215,100 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 10.6% lower than the national median of $160,360.
Is Panama City-Panama City Beach, FL a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Panama City-Panama City Beach, FL is $143,400 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Panama City-Panama City Beach, FL. See distinct detailed breakdown below.
Is Panama City-Panama City Beach, FL a good place to live for Personal Financial Advisors?
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 ($136,630) and Dothan, AL.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Panama City-Panama City Beach, FL area with a job density of 1.405 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL