The annual salary statistics of electricians in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of electricians 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 | $35,350 |
| 25th Percentile Wage | $38,130 |
| 50th Percentile Wage | $47,090 |
| 75th Percentile Wage | $55,980 |
| 90th Percentile Wage | $60,740 |
Table 1 shows the average annual salary for electricians 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 $60,740. The median (50th percentile) annual salary is $47,090. The average annual salary for the bottom 10 percent earners is $35,350.
The table and chart below show the trend of the median salary of electricians from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $47,090 | 0.74% | 20.79% |
| 2021 | $46,740 | 3.62% | - |
| 2020 | $45,050 | -0.82% | - |
| 2019 | $45,420 | 11.21% | - |
| 2018 | $40,330 | -7.69% | - |
| 2017 | $43,430 | 2.65% | - |
| 2016 | $42,280 | 9.98% | - |
| 2015 | $38,060 | 0.37% | - |
| 2014 | $37,920 | 7.59% | - |
| 2013 | $35,040 | -6.45% | - |
| 2012 | $37,300 | - | - |
From Table 3 we note that the median annual salary of $47,090 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for electricians in state of Florida. In comparison, the annual salary of electricians in Panama City-Lynn Haven-Panama City Beach is 5.3 percent (5.3%) lower than that in the highest paying Naples-Marco Island and 16.8 percent (16.8%) higher than that in the lowest paying Miami-Miami Beach-Kendall.