Average Production Occupations Salary in Panama City-Panama City Beach, FL
In Panama City-Panama City Beach, FL, professionals in Production Occupations can expect an average annual salary of $45,070. This figure is notably below the national average of $49,710, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $45,070 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $62,840.
- Outlook: The local job market for Production Occupations in Panama City-Panama City Beach, FL, comprises a workforce of 3,070 individuals. With a Location Quotient of 0.62, the concentration of these roles is below the national average, indicating a potentially less saturated but also less dominant presence of this sector compared to the rest of the country. The presence of approximately 35 jobs per 1,000 workers suggests a steady, albeit not exceptionally high, demand for production talent.
Salary Overview
The average Production Occupations in Panama City-Panama City Beach, FL earns-9.3%below the national average.
$21.7
$867
$3,756
Production Occupations Salary Trends (2020-2024)
While specific historical data for the Panama City-Panama City Beach, FL area is not provided, it is generally assumed that salaries for Production Occupations have seen incremental growth over the past four years, mirroring national trends. Economic factors such as inflation, increased demand for manufactured goods, and evolving industry technologies typically drive modest annual salary increases across most occupational sectors.
Production Occupations Salary Distribution in Panama City-Panama City Beach, FL
Salary progression within Production Occupations in Panama City-Panama City Beach, FL, typically correlates with experience and skill development. Entry-level positions often start at the lower end of the pay scale, while seasoned professionals with specialized expertise and leadership capabilities can command significantly higher salaries, potentially reaching the upper percentiles. The widening gap between entry-level and senior-level compensation reflects the value placed on accumulated knowledge and proven performance in the field.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $28,710 | $13.8 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $33,803 | $16.3 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $41,180 | $19.8 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $56,338 | $27.1 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $62,840 | $30.2 |
Detailed Production Occupations Market Analysis
Relocation Context
Nominal Salary
$45,070
Gross Pay
Real Wage (Purchasing Power)
$45,070
Adjusted for COL (100)
The average annual salary of $45,070 in Panama City-Panama City Beach, FL, aligns perfectly with the national average cost of living, which is indexed at 100. This means that while the nominal salary is lower than the national average, the purchasing power of that income locally is comparable to the national standard, offering a stable financial environment for residents.
Job Market Context
3,070
Total Jobs
34.902
Per 1K Jobs
0.62
Location Quotient
Panama City-Panama City Beach, FL has 0.62x the national average concentration of Production Occupations 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 0.62, the Production Occupations sector in Panama City-Panama City Beach, FL, is less concentrated than the national average. This suggests that while production roles are present, they do not form a disproportionately large segment of the local economy compared to other regions. This could imply a market that is not oversaturated, potentially offering opportunities for skilled workers, but also indicating that the industry's overall footprint is smaller.
Nearby Job Markets
Nearby Cities for Production Occupations
| City | Salary | Dist. |
|---|---|---|
| Crestview-Fort Walton Beach-Destin, FL Production Occupations Salary | $48,720↑ 8% | 69 mi |
| Dothan, AL Production Occupations Salary | $42,990↓ 5% | 72 mi |
| Tallahassee, FL Production Occupations Salary | $43,690↓ 3% | 82 mi |
| Pensacola-Ferry Pass-Brent, FL Production Occupations Salary | $46,260↑ 3% | 96 mi |
Comparing salaries near Panama City-Panama City Beach, FL
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Frequently Asked Questions
How much does a Production Occupations make in Panama City-Panama City Beach, FL?
The median annual salary for a Production Occupations in Panama City-Panama City Beach, FL is $45,070. This typically ranges from $28,710 for entry-level positions to $62,840 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 9.3% lower than the national median of $49,710.
Is Panama City-Panama City Beach, FL a lucrative place for Production Occupationss?
No, not exceptionally lucrative compared to the national average.The average salary of $45,070 is below the national average of $49,710, although the cost of living is at the national average, making the purchasing power comparable.
Is Panama City-Panama City Beach, FL a good place to live for Production Occupations?
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 ($48,720) and Dothan, AL.
What is the average salary for Production Occupations in Panama City-Panama City Beach, FL?
The average annual salary for Production Occupations in Panama City-Panama City Beach, FL is $45,070.
How does the salary compare to the national average?
The average salary in Panama City-Panama City Beach, FL ($45,070) is lower than the national average of $49,710.
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 Production Occupations job market in this area?
The job market for Production Occupations is less concentrated than the national average, with a Location Quotient of 0.62.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,070 employees in the Panama City-Panama City Beach, FL area with a job density of 34.902 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Production Occupations • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL