The annual salary statistics of carpet installers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage information of carpet installers in Panama City-Lynn Haven-Panama City Beach is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $26,280 |
| 25th Percentile Wage | $29,240 |
| 50th Percentile Wage | $34,440 |
| 75th Percentile Wage | $40,520 |
| 90th Percentile Wage | $55,630 |
Table 1 shows the average annual salary for carpet installers in Panama City-Lynn Haven-Panama City Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $55,630. The median (50th percentile) annual salary is $34,440. The average annual salary for the bottom 10 percent earners is $26,280.
The table and chart below show the trend of the median salary of carpet installers from 2012 to 2020. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 1-Year Growth |
|---|---|---|---|
| 2020 | $34,440 | -1.39% | -1.39% |
| 2019 | $34,920 | - | - |
From Table 3 we note that the median annual salary of $34,440 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for carpet installers in state of Florida. In comparison, the annual salary of carpet installers in Panama City-Lynn Haven-Panama City Beach is 13.3 percent (13.3%) lower than that in the highest paying Naples-Marco Island and 42.8 percent (42.8%) higher than that in the lowest paying Deltona-Daytona Beach-Ormond Beach.