The annual salary statistics of construction managers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of construction managers 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 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $41,910 |
| 25th Percentile Wage | $53,350 |
| 50th Percentile Wage | $62,120 |
| 75th Percentile Wage | $85,860 |
| 90th Percentile Wage | $99,850 |
Table 1 shows the average annual salary for construction managers 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 $99,850. The median (50th percentile) annual salary is $62,120. The average annual salary for the bottom 10 percent earners is $41,910.
The table and chart below show the trend of the median salary of construction managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $62,120 | -4.28% | -31.17% |
| 2018 | $64,780 | -1.74% | - |
| 2017 | $65,910 | -2.94% | - |
| 2016 | $67,850 | 11.13% | - |
| 2015 | $60,300 | 0.55% | - |
| 2014 | $59,970 | -4.17% | - |
| 2013 | $62,470 | -30.43% | - |
| 2012 | $81,480 | - | - |
From Table 3 we note that the median annual salary of $62,120 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for construction managers in state of Florida. In comparison, the annual salary of construction managers in Panama City-Lynn Haven-Panama City Beach is 43.5 percent (43.5%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 11.3 percent (11.3%) higher than that in the lowest paying North Florida nonmetropolitan area.