The annual salary statistics of financial managers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage information of financial 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 | $38,060 |
| 25th Percentile Wage | $59,750 |
| 50th Percentile Wage | $82,240 |
| 75th Percentile Wage | $121,080 |
| 90th Percentile Wage | $183,520 |
Table 1 shows the average annual salary for financial 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 $183,520. The median (50th percentile) annual salary is $82,240. The average annual salary for the bottom 10 percent earners is $38,060.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $82,240 | -13.14% | -8.30% |
| 2018 | $93,050 | -26.88% | - |
| 2017 | $118,060 | -0.42% | - |
| 2016 | $118,550 | 0.64% | - |
| 2015 | $117,790 | 15.60% | - |
| 2014 | $99,410 | -0.02% | - |
| 2013 | $99,430 | 10.42% | - |
| 2012 | $89,070 | - | - |
From Table 3 we note that the median annual salary of $82,240 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for financial managers in state of Florida. In comparison, the annual salary of financial managers in Panama City-Lynn Haven-Panama City Beach is 40.8 percent (40.8%) lower than that in the highest paying Miami-Miami Beach-Kendall and 12.9 percent (12.9%) higher than that in the lowest paying The Villages.