The annual salary statistics of security guards in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of security guards 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 | $21,170 |
| 25th Percentile Wage | $24,510 |
| 50th Percentile Wage | $27,160 |
| 75th Percentile Wage | $32,860 |
| 90th Percentile Wage | $38,270 |
Table 1 shows the average annual salary for security guards 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 $38,270. The median (50th percentile) annual salary is $27,160. The average annual salary for the bottom 10 percent earners is $21,170.
The table and chart below show the trend of the median salary of security guards from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $27,160 | -1.99% | 19.40% |
| 2021 | $27,700 | 10.11% | - |
| 2020 | $24,900 | -0.44% | - |
| 2019 | $25,010 | 2.88% | - |
| 2018 | $24,290 | 11.73% | - |
| 2017 | $21,440 | 8.02% | - |
| 2016 | $19,720 | 2.79% | - |
| 2015 | $19,170 | -8.35% | - |
| 2014 | $20,770 | -5.06% | - |
| 2013 | $21,820 | -0.32% | - |
| 2012 | $21,890 | - | - |
From Table 3 we note that the median annual salary of $27,160 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for security guards in state of Florida. In comparison, the annual salary of security guards in Panama City-Lynn Haven-Panama City Beach is 19.7 percent (19.7%) lower than that in the highest paying Naples-Marco Island and 18.6 percent (18.6%) higher than that in the lowest paying Miami-Miami Beach-Kendall.