The annual salary statistics of laborers and freight, stock, and material movers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage information of laborers and freight, stock, and material movers 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 | $24,920 |
| 25th Percentile Wage | $29,250 |
| 50th Percentile Wage | $31,200 |
| 75th Percentile Wage | $36,970 |
| 90th Percentile Wage | $44,520 |
Table 1 shows the average annual salary for laborers and freight, stock, and material movers 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 $44,520. The median (50th percentile) annual salary is $31,200. The average annual salary for the bottom 10 percent earners is $24,920.
The table and chart below show the trend of the median salary of laborers and freight, stock, and material movers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $31,200 | 4.04% | 26.67% |
| 2021 | $29,940 | 5.34% | - |
| 2020 | $28,340 | 8.61% | - |
| 2019 | $25,900 | 6.14% | - |
| 2018 | $24,310 | 3.17% | - |
| 2017 | $23,540 | 7.77% | - |
| 2016 | $21,710 | -7.65% | - |
| 2015 | $23,370 | -1.07% | - |
| 2014 | $23,620 | 2.33% | - |
| 2013 | $23,070 | 0.82% | - |
| 2012 | $22,880 | - | - |
From Table 3 we note that the median annual salary of $31,200 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for laborers and freight, stock, and material movers in state of Florida. In comparison, the annual salary of laborers and freight, stock, and material movers in Panama City-Lynn Haven-Panama City Beach is 10.5 percent (10.5%) lower than that in the highest paying Jacksonville and 34.1 percent (34.1%) higher than that in the lowest paying Palm Coast.