The annual salary statistics of sheet metal workers in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of sheet metal 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 | $29,710 |
| 25th Percentile Wage | $35,710 |
| 50th Percentile Wage | $45,430 |
| 75th Percentile Wage | $48,670 |
| 90th Percentile Wage | $59,610 |
Table 1 shows the average annual salary for sheet metal 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 $59,610. The median (50th percentile) annual salary is $45,430. The average annual salary for the bottom 10 percent earners is $29,710.
The table and chart below show the trend of the median salary of sheet metal workers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $45,430 | -0.31% | 30.38% |
| 2021 | $45,570 | 7.83% | - |
| 2020 | $42,000 | 17.24% | - |
| 2019 | $34,760 | -1.96% | - |
| 2013 | $35,440 | 10.75% | - |
| 2012 | $31,630 | - | - |
From Table 3 we note that the median annual salary of $45,430 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for sheet metal workers in state of Florida. In comparison, the annual salary of sheet metal workers in Panama City-Lynn Haven-Panama City Beach is 5.8 percent (5.8%) lower than that in the highest paying Palm Bay-Melbourne-Titusville and 59.5 percent (59.5%) higher than that in the lowest paying Northwest Florida nonmetropolitan area.