The annual salary statistics of restaurant cooks in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage statistics of restaurant cooks 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 | $23,340 |
| 25th Percentile Wage | $27,530 |
| 50th Percentile Wage | $29,740 |
| 75th Percentile Wage | $35,180 |
| 90th Percentile Wage | $36,740 |
Table 1 shows the average annual salary for restaurant cooks 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 $36,740. The median (50th percentile) annual salary is $29,740. The average annual salary for the bottom 10 percent earners is $23,340.
The table and chart below show the trend of the median salary of restaurant cooks from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $29,740 | 3.97% | 28.82% |
| 2021 | $28,560 | -2.17% | - |
| 2020 | $29,180 | 2.88% | - |
| 2019 | $28,340 | 8.29% | - |
| 2018 | $25,990 | 7.93% | - |
| 2017 | $23,930 | 4.85% | - |
| 2016 | $22,770 | 0.88% | - |
| 2015 | $22,570 | 3.50% | - |
| 2014 | $21,780 | 0.41% | - |
| 2013 | $21,690 | 2.40% | - |
| 2012 | $21,170 | - | - |
From Table 3 we note that the median annual salary of $29,740 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for restaurant cooks in state of Florida. In comparison, the annual salary of restaurant cooks in Panama City-Lynn Haven-Panama City Beach is 16.4 percent (16.4%) lower than that in the highest paying Naples-Marco Island and 34.7 percent (34.7%) higher than that in the lowest paying Palm Coast.