The annual salary statistics of industrial production managers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of industrial production 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 | $50,950 |
| 25th Percentile Wage | $79,550 |
| 50th Percentile Wage | $92,120 |
| 75th Percentile Wage | $102,410 |
| 90th Percentile Wage | $122,390 |
Table 1 shows the average annual salary for industrial production 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 $122,390. The median (50th percentile) annual salary is $92,120. The average annual salary for the bottom 10 percent earners is $50,950.
The table and chart below show the trend of the median salary of industrial production managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $92,120 | 2.74% | 12.31% |
| 2018 | $89,600 | -1.16% | - |
| 2017 | $90,640 | -3.54% | - |
| 2016 | $93,850 | 4.23% | - |
| 2015 | $89,880 | -0.96% | - |
| 2014 | $90,740 | 6.12% | - |
| 2013 | $85,190 | 5.18% | - |
| 2012 | $80,780 | - | - |
From Table 3 we note that the median annual salary of $92,120 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for industrial production managers in state of Florida. In comparison, the annual salary of industrial production managers in Panama City-Lynn Haven-Panama City Beach is 22.7 percent (22.7%) lower than that in the highest paying Northeast Florida nonmetropolitan area and 34.1 percent (34.1%) higher than that in the lowest paying Naples-Marco Island.