The annual salary statistics of childcare workers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage information of childcare workers 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 | $21,850 |
| 25th Percentile Wage | $23,000 |
| 50th Percentile Wage | $26,680 |
| 75th Percentile Wage | $28,070 |
| 90th Percentile Wage | $33,710 |
Table 1 shows the average annual salary for childcare workers 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 $33,710. The median (50th percentile) annual salary is $26,680. The average annual salary for the bottom 10 percent earners is $21,850.
The table and chart below show the trend of the median salary of childcare workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $26,680 | 12.74% | 31.15% |
| 2021 | $23,280 | 2.75% | - |
| 2020 | $22,640 | 8.92% | - |
| 2019 | $20,620 | 5.67% | - |
| 2018 | $19,450 | 2.67% | - |
| 2017 | $18,930 | -8.24% | - |
| 2016 | $20,490 | -0.24% | - |
| 2015 | $20,540 | 7.01% | - |
| 2014 | $19,100 | 2.72% | - |
| 2013 | $18,580 | 1.13% | - |
| 2012 | $18,370 | - | - |
From Table 3 we note that the median annual salary of $26,680 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for childcare workers in state of Florida. In comparison, the annual salary of childcare workers in Panama City-Lynn Haven-Panama City Beach is 11.2 percent (11.2%) lower than that in the highest paying Punta Gorda and 26.9 percent (26.9%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.