Electrical Engineers pay range in Panama City
New workers and the lowest-paid 10% earn about $75,590 a year or less, while the top 10% make $158,790 or more. The middle half of electrical engineers in Panama City earn between $80,950 and $143,830.
- $76K10th
- $81K25th
- $113KMedian
- $144K75th
- $159K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $113,860 | $9,488 | $54.74 |
| Median | $112,700 | $9,392 | $54.18 |
| Entry level (25th percentile) | $80,950 | $6,746 | $38.92 |
| Experienced (75th percentile) | $143,830 | $11,986 | $69.15 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Electrical Engineers pay in Panama City vs. Florida and the U.S.
Electrical engineers in Panama City earn about the same as the Florida average ($111,430) and 9% less than the U.S. average ($125,100). At the median the gap is -7% against the U.S. median of $120,630.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Panama City | $113,860 | $112,700 | $75,590 | $158,790 | 120 |
| Florida | $111,430 | $104,780 | $65,090 | $164,210 | 9,220 |
| United States | $125,100 | $120,630 | $76,550 | $184,300 | 198,750 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Electrical Engineers salary after taxes in Panama City
On the average salary of $113,860, a single filer in Panama City takes home about $88,931 a year, or $7,411 a month and $3,420 every two weeks. Taxes take 22% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Panama City a good place for electrical engineers? Pay vs. cost of living
Prices in the Panama City area are 3% below the U.S. average (BEA price parity 97.3), so the average $113,860 buys what about $117,024 would buy in a typical U.S. metro. This job pays 2.5 times the median wage of all jobs in Panama City ($45,030). A typical home costs $345,838, or 3.0 years of this average salary before tax.
Electrical Engineers salary in other Florida cities
Panama City ranks 5th of 15 Florida metro areas for this job; Crestview pays the most ($125,620).
- Crestview$125,620
- Palm Bay$119,440
- Fort Myers$118,290
- Jacksonville$118,000
- Panama City$113,860
- Orlando$113,320
- Tallahassee$112,040
- Tampa$109,700
- Miami$109,110
- Pensacola$107,000
Highest-paying cities for electrical engineers
San Jose, CA pays this job the most of the metro areas we cover ($189,370).
- San Jose, CA$189,370
- San Francisco, CA$162,170
- Albuquerque, NM$158,230
- Austin, TX$157,930
- Manchester, NH$149,130
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Electrical Engineers salary in Panama City: questions
How much do electrical engineers make an hour in Panama City?
$54.74 an hour on average, and $54.18 at the median (BLS, May 2025).
What is the entry-level electrical engineers salary in Panama City?
The lowest-paid 10% earn about $75,590 a year and the 25th percentile is $80,950, a fair guide to starting pay.
What is the electrical engineers take-home pay in Panama City?
About $88,931 a year ($7,411 a month) for a single filer on the average salary of $113,860. Florida has no state income tax.
Do electrical engineers earn more in Panama City than elsewhere?
The average here is 9% less than the U.S. average for this job ($125,100).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 17-2071; area Panama City-Panama City Beach, FL (37460). Relative standard error of the mean wage: 5.0%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
- Job concentration: location quotient 1.00, this job is about as common as in the U.S. overall.
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