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Average Protective Service Occupations Salary in Panama City-Panama City Beach, FL

In Panama City-Panama City Beach, FL, professionals in Protective Service Occupations earn an impressive average annual salary of $53,520. This figure significantly surpasses the national average of $43,820, indicating a localized premium for these vital roles. The higher compensation is likely driven by a combination of regional demand and the specific economic landscape of the Florida Panhandle.

Executive Summary

  • Average Salary: $53,520 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $76,900.
  • Outlook: The local job market for Protective Service Occupations in Panama City-Panama City Beach appears robust, with a total workforce of 2,410 individuals. The Location Quotient of 1.16 suggests a concentration of these roles that is slightly above the national average, implying steady demand and a healthy number of available positions relative to the general workforce.
2024 Market Data

Salary Overview

$53,520

The average Protective Service Occupations in Panama City-Panama City Beach, FL earns+22.1%above the national average.

BreakdownBased on 40h/week
Hourly

$25.7

Weekly

$1,029

Monthly

$4,460

Protective Service Occupations Salary Distribution in Panama City-Panama City Beach, FL

Career progression within Protective Service Occupations in Panama City-Panama City Beach is typically marked by increasing salary potential. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with specialized skills and experience can command significantly higher salaries, reflecting the value of their expertise and responsibilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Cadet / RecruitAcademy training and probationary period.10% (Entry)$32,340$15.5
OfficerPatrol duties, handling standard calls.25% (Junior)$40,140$19.3
Senior OfficerField training officer, specialized unit.50% (Median)$50,380$24.2
Sergeant / Lt.Shift supervisor, squad leader.75% (Senior)$66,900$32.2
Captain / ChiefDepartment command and administration.90% (Expert)$76,900$37

Detailed Protective Service Occupations Market Analysis

Relocation Context

Nominal Salary

$53,520

Gross Pay

Real Wage (Purchasing Power)

$53,520

Adjusted for COL (100)

The average annual salary of $53,520 in Panama City-Panama City Beach aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that your earnings will have purchasing power equivalent to the national average, making the nominal salary quite competitive in real terms.

Job Market Context

2,410

Total Jobs

27.454

Per 1K Jobs

1.16

Location Quotient

Above Average

With a location quotient of 1.16, Panama City-Panama City Beach, FL has a slightly higher-than-average concentration of Protective Service Occupations roles compared to the national norm.

With a Location Quotient of 1.16, Panama City-Panama City Beach demonstrates a slightly higher concentration of Protective Service Occupations compared to the national average. This suggests a moderately competitive market where demand is present and potentially growing, offering good opportunities for skilled individuals.

Nearby Job Markets

Nearby Cities for Protective Service Occupations

Comparing salaries near Panama City-Panama City Beach, FL

Hiring Protective Service Occupationss?

Frequently Asked Questions

How much does a Protective Service Occupations make in Panama City-Panama City Beach, FL?

The median annual salary for a Protective Service Occupations in Panama City-Panama City Beach, FL is $53,520. This typically ranges from $32,340 for entry-level positions to $76,900 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 22.1% higher than the national median of $43,820.

Is Panama City-Panama City Beach, FL a lucrative place for Protective Service Occupationss?

Yes, it is a lucrative place for Protective Service Occupations.The average salary of $53,520 is substantially higher than the national average, and the cost of living is on par with the national average, indicating strong purchasing power for these roles.

Is Panama City-Panama City Beach, FL a good place to live for Protective Service 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 ($54,260) and Dothan, AL.

How does the local salary compare to the national average?

The average annual salary for Protective Service Occupations in Panama City-Panama City Beach is $53,520, which is over $9,700 higher than the national average of $43,820.

What is the concentration of Protective Service Occupations jobs in this area?

The Location Quotient of 1.16 indicates that Protective Service Occupations are 16% more concentrated in Panama City-Panama City Beach than the national average, suggesting a strong presence in the local job market.

How does the cost of living affect the salary?

With a Cost of Living Index of 100, the local cost of living matches the national average. This means the higher average salary of $53,520 translates directly into strong purchasing power for residents.

What is the total number of Protective Service Occupations jobs in the area?

There are approximately 2,410 individuals employed in Protective Service Occupations within the Panama City-Panama City Beach, FL area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,410 employees in the Panama City-Panama City Beach, FL area with a job density of 27.454 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.