The annual salary statistics of cost estimators in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage information of cost estimators 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 | $34,780 |
| 25th Percentile Wage | $48,550 |
| 50th Percentile Wage | $61,250 |
| 75th Percentile Wage | $77,090 |
| 90th Percentile Wage | $96,140 |
Table 1 shows the average annual salary for cost estimators 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 $96,140. The median (50th percentile) annual salary is $61,250. The average annual salary for the bottom 10 percent earners is $34,780.
The table and chart below show the trend of the median salary of cost estimators from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $61,250 | 3.62% | 14.81% |
| 2021 | $59,030 | 10.47% | - |
| 2020 | $52,850 | -6.15% | - |
| 2019 | $56,100 | 7.70% | - |
| 2018 | $51,780 | -1.87% | - |
| 2017 | $52,750 | -9.38% | - |
| 2016 | $57,700 | 1.84% | - |
| 2015 | $56,640 | 4.27% | - |
| 2014 | $54,220 | 11.69% | - |
| 2013 | $47,880 | -8.98% | - |
| 2012 | $52,180 | - | - |
From Table 3 we note that the median annual salary of $61,250 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for cost estimators in state of Florida. In comparison, the annual salary of cost estimators in Panama City-Lynn Haven-Panama City Beach is 15.2 percent (15.2%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 36.6 percent (36.6%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.