The annual salary statistics of travel agents in Panama City-Lynn Haven-Panama City Beach, Florida is shown in Table 1. The wage data of travel agents 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 | $20,800 |
| 25th Percentile Wage | $26,280 |
| 50th Percentile Wage | $35,510 |
| 75th Percentile Wage | $45,540 |
| 90th Percentile Wage | $46,470 |
Table 1 shows the average annual salary for travel agents 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 $46,470. The median (50th percentile) annual salary is $35,510. The average annual salary for the bottom 10 percent earners is $20,800.
The table and chart below show the trend of the median salary of travel agents from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $35,510 | 19.09% | 13.63% |
| 2021 | $28,730 | 5.26% | - |
| 2020 | $27,220 | -4.92% | - |
| 2019 | $28,560 | -27.63% | - |
| 2018 | $36,450 | -0.33% | - |
| 2017 | $36,570 | 16.13% | - |
| 2016 | $30,670 | 1.04% | - |
| 2015 | $30,350 | 9.72% | - |
| 2014 | $27,400 | -11.93% | - |
| 2012 | $30,670 | - | - |
From Table 3 we note that the median annual salary of $35,510 in Panama City-Lynn Haven-Panama City Beach is in the middle of salary range for travel agents in state of Florida. In comparison, the annual salary of travel agents in Panama City-Lynn Haven-Panama City Beach is 29.4 percent (29.4%) lower than that in the highest paying Naples-Marco Island and 30.8 percent (30.8%) higher than that in the lowest paying South Florida nonmetropolitan area.