The annual salary statistics of food preparation workers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage information of food preparation workers 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 | $23,050 |
| 25th Percentile Wage | $26,720 |
| 50th Percentile Wage | $28,820 |
| 75th Percentile Wage | $33,560 |
| 90th Percentile Wage | $35,090 |
Table 1 shows the average annual salary for food preparation workers 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 $35,090. The median (50th percentile) annual salary is $28,820. The average annual salary for the bottom 10 percent earners is $23,050.
The table and chart below show the trend of the median salary of food preparation workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $28,820 | 4.44% | 31.64% |
| 2021 | $27,540 | 10.06% | - |
| 2020 | $24,770 | 13.08% | - |
| 2019 | $21,530 | -2.97% | - |
| 2018 | $22,170 | -6.63% | - |
| 2017 | $23,640 | 3.34% | - |
| 2016 | $22,850 | 6.61% | - |
| 2015 | $21,340 | 5.39% | - |
| 2014 | $20,190 | 2.58% | - |
| 2013 | $19,670 | -0.15% | - |
| 2012 | $19,700 | - | - |
From Table 3 we note that the median annual salary of $28,820 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for food preparation workers in state of Florida. In comparison, the annual salary of food preparation workers in Panama City-Lynn Haven-Panama City Beach is 9.1 percent (9.1%) lower than that in the highest paying Naples-Marco Island and 35.1 percent (35.1%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.