The annual salary statistics of personal financial advisors in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of personal financial advisors 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 | $41,850 |
| 25th Percentile Wage | $50,030 |
| 50th Percentile Wage | $73,650 |
| 75th Percentile Wage | $133,340 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for personal financial advisors in Panama City-Lynn Haven-Panama City Beach, Florida in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $133,340. The median (50th percentile) annual salary is $73,650. The average annual salary for the bottom 10 percent earners is $41,850.
The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $73,650 | 16.01% | -58.37% |
| 2021 | $61,860 | -38.05% | - |
| 2020 | $85,400 | -16.79% | - |
| 2019 | $99,740 | -25.98% | - |
| 2018 | $125,650 | 5.04% | - |
| 2017 | $119,320 | 2.25% | - |
| 2016 | $116,640 | -11.11% | - |
| 2015 | $129,600 | -10.69% | - |
| 2014 | $143,460 | 18.70% | - |
| 2012 | $116,640 | - | - |
From Table 3 we note that the median annual salary of $73,650 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for personal financial advisors in state of Florida. In comparison, the annual salary of personal financial advisors in Panama City-Lynn Haven-Panama City Beach is 34.3 percent (34.3%) lower than that in the highest paying West Palm Beach-Boca Raton-Boynton Beach and 29.8 percent (29.8%) higher than that in the lowest paying Sebring.