In Panama City-Panama City Beach, FL, Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel earn an average annual salary of $64,570. This figure is notably below the national average of $81,290, suggesting that local market dynamics, industry demand, and potentially the cost of doing business in the region influence compensation levels for these roles.
Executive Summary
- Average Salary: $64,570 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $112,800.
- Outlook: The local job market for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Panama City-Panama City Beach, FL, is moderately sized with a total workforce of 680 individuals in this specific role. A Location Quotient of 1.0 indicates that the concentration of these jobs is precisely at the national average, suggesting a stable, albeit not exceptionally concentrated, demand for these professionals within the region.
Salary Overview
The average Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Panama City-Panama City Beach, FL earns-20.6%below the national average.
$31.1
$1,242
$5,381
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Trends (2020-2024)
While specific historical data for this niche role in Panama City-Panama City Beach, FL, is not provided, it's generally assumed that salaries for Sales Representatives have seen consistent growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is likely driven by increasing demand for service-based sales roles and the evolving strategies businesses employ to reach their customer base.
Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salary Distribution in Panama City-Panama City Beach, FL
Career progression for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel typically involves a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with a proven track record and advanced sales skills can command salaries well above the average. The percentile gaps in salary distribution highlight these opportunities for substantial career and financial growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| SDR / BDRLead generation, prospecting, cold calling. | 10% (Entry) | $35,040 | $16.8 |
| Account ExecutiveClosing deals, managing small-mid market clients. | 25% (Junior) | $48,428 | $23.3 |
| Senior AEHandling enterprise clients and complex negotiations. | 50% (Median) | $49,240 | $23.7 |
| Sales ManagerManaging a team of reps, setting quotas & strategy. | 75% (Senior) | $80,713 | $38.8 |
| VP of SalesRevenue strategy, expansion, C-suite relationships. | 90% (Expert) | $112,800 | $54.2 |
Detailed Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Market Analysis
Relocation Context
Nominal Salary
$64,570
Gross Pay
Real Wage (Purchasing Power)
$64,570
Adjusted for COL (100)
The average annual salary of $64,570 in Panama City-Panama City Beach, FL, aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of the salary is equivalent to the national average, offering no significant advantage or disadvantage in terms of affordability compared to the rest of the country.
Job Market Context
680
Total Jobs
7.695
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Panama City-Panama City Beach, FL has a slightly higher-than-average concentration of Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel roles compared to the national norm.
With a Location Quotient of 1.0, the job market for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Panama City-Panama City Beach, FL, is neither over-saturated nor significantly underserved relative to the national landscape. This suggests a balanced competitive environment where opportunities exist, but the concentration of talent and demand is consistent with national norms.
Nearby Job Markets
Nearby Cities for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel
Comparing salaries near Panama City-Panama City Beach, FL
Hiring Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
Frequently Asked Questions
How much does a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel make in Panama City-Panama City Beach, FL?
The median annual salary for a Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel in Panama City-Panama City Beach, FL is $64,570. This typically ranges from $35,040 for entry-level positions to $112,800 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 20.6% lower than the national median of $81,290.
Is Panama City-Panama City Beach, FL a lucrative place for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
No, not more lucrative than the national average.The average salary of $64,570 is below the national average of $81,290, indicating less lucrative compensation. However, the cost of living is also at the national average, meaning the purchasing power is comparable.
Is Panama City-Panama City Beach, FL a good place to live for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travels?
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 ($68,790) and Dothan, AL.
How does the local salary compare to the national average?
The average salary for Sales Representatives of Services in Panama City-Panama City Beach, FL, is $64,570, which is lower than the national average of $81,290.
What is the cost of living in Panama City-Panama City Beach, FL?
The cost of living in Panama City-Panama City Beach, FL, is at the national average, indicated by an index of 100.
How concentrated are Sales Representative jobs in this area?
The concentration of these jobs, measured by the Location Quotient, is 1.0, which is exactly the national average, indicating a standard level of industry presence.
What is the total number of Sales Representatives in this location?
There are approximately 680 Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel employed in 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 680 employees in the Panama City-Panama City Beach, FL area with a job density of 7.695 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel Salaries by State
Top Jobs in Panama City-Panama City Beach, FL
- All Occupations Salary in Panama City-Panama City Beach, FL
- Food Preparation and Serving Related Occupations Salary in Panama City-Panama City Beach, FL
- Sales and Related Occupations Salary in Panama City-Panama City Beach, FL
- Office and Administrative Support Occupations Salary in Panama City-Panama City Beach, FL
- Transportation and Material Moving Occupations Salary in Panama City-Panama City Beach, FL
- Construction and Extraction Occupations Salary in Panama City-Panama City Beach, FL
- Management Occupations Salary in Panama City-Panama City Beach, FL
- Healthcare Practitioners and Technical Occupations Salary in Panama City-Panama City Beach, FL
- Business and Financial Operations Occupations Salary in Panama City-Panama City Beach, FL
- Educational Instruction and Library Occupations Salary in Panama City-Panama City Beach, FL
- Browse All Jobs in Panama City-Panama City Beach, FL →
Semantic Salary Analysis for Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel • Data source: BLS OEWS 2024 •Jobs in Panama City-Panama City Beach, FL