Electricians in the Panama City area earn a median of $52,900 a year, 15% below the typical U.S. metro. That ranks #338 of 390 U.S. metros nationwide.
Within driving distance, the same work pays more in Crestview and Tallahassee, but less in Dothan.
What this means Our calculation
Pay for electricians here is in the bottom 20% of U.S. metros, and also in the bottom 20% once local prices are factored in. For the wider job market, unemployment is about the same as in most metros (4.0%) and the population is growing faster than most (+15.7% since 2020). On your own, you'd join about 116 one-person electrical contracting businesses averaging $57,172 in revenue, and you'd need to bill roughly $69/hour to match the median salary (at our default assumptions).
A summary of the numbers on this page; nothing here is estimated beyond them.
Panama City scorecard for electricians Our calculation
Grades compare Panama City with every other U.S. metro for this trade (A = top 20%).
Pay Government data
Pay range
Shaded: the middle half of workers. Grey line: typical U.S. metro ($62,440).
Pay over time
The median pay for electricians in the Panama City area went from $45,050 in 2020 to $52,900 in 2025, up 17.4%. Prices rose 25% over the same period, so after inflation that's -6.3% — a real pay cut.
BLS OEWS, May 2020–May 2025; inflation: CPI-U (May to May). Year-to-year changes can include survey noise.
Compared with nearby metros
What the pay is really worth in Panama City Our calculation
Prices in the Panama City area run 3% below the U.S. average. Adjusted for that, a median paycheck here buys what $54,370 would in a typical place, ranking #359 of 385 on real pay.
Two different views, don't combine them. Real pay already accounts for housing, because the price index includes rent. Rent burden shows what share of pay a typical 1-bedroom takes. Use either one, not both together.
What electricians do
Install, maintain, and repair electrical wiring, equipment, and fixtures. Ensure that work is in accordance with relevant codes. May install or service street lights, intercom systems, or electrical control systems.
Most important day-to-day tasks
- Prepare sketches or follow blueprints to determine the location of wiring or equipment and to ensure conformance to building and safety codes.
- Place conduit, pipes, or tubing, inside designated partitions, walls, or other concealed areas, and pull insulated wires or cables through the conduit to complete circuits between boxes.
- Work from ladders, scaffolds, or roofs to install, maintain, or repair electrical wiring, equipment, or fixtures.
- Use a variety of tools or equipment, such as power construction equipment, measuring devices, power tools, and testing equipment, such as oscilloscopes, ammeters, or test lamps.
- Assemble, install, test, or maintain electrical or electronic wiring, equipment, appliances, apparatus, or fixtures, using hand tools or power tools.
Outlook & getting started
Nationally, electrician jobs are projected to grow 9.2% from 2025 to 2035 (all jobs: 3.5%), with about 72,700 openings a year. About 7% are self-employed.
What the work is like Government data
How often electricians deal with each condition, from surveys of workers in the job.
Getting started usually takes medium preparation (vocational training or an apprenticeship, often 1–2+ years).
O*NET 31.0 Work Context and Job Zones (U.S. Department of Labor), national.
Getting started: registered apprenticeship Government data
Most electricians train through a paid apprenticeship: you work and earn under experienced pros while taking classes, and pay usually rises as you progress. 727,586 people were active registered apprentices nationwide in FY2026, up 87% since FY2016, and construction is the largest field with 290,043 of them (40%), according to the U.S. Department of Labor.
Search apprenticeship openings near Panama City ↗Find training programs & sponsors ↗
Official U.S. Department of Labor tools at Apprenticeship.gov. Counts: DOL Apprentices by State dashboard, FY2026 (all occupations).
Licensing in Florida Official source
The main state licensing office in Florida is the Florida Department of Business and Professional Regulation. Construction and electrical contractor boards. It can point you to the right license for electricians.
Official Florida licensing site ↗
Requirements for electricians vary by state and sometimes by city; always confirm with the official agency.
On-the-job safety Government data
Nationally, electricians have 97 injuries or illnesses serious enough to miss work per 10,000 full-time workers, about the same as all jobs (87). The most common cause is being struck by or caught in objects and equipment.
BLS Survey of Occupational Injuries and Illnesses, 2023–2024 (national, cases with days away from work).
Highest-paying FL metros for electricians
| Metro | Median | Real pay | Jobs |
|---|---|---|---|
| NaplesFLORIDA · FL | $60,020 | $58,159 | 1,110 |
| MiamiFLORIDA · FL | $58,630 | $51,360 | 12,990 |
| Port St. LucieFLORIDA · FL | $58,540 | $58,407 | 1,100 |
| Palm BayFLORIDA · FL | $58,450 | $58,447 | 1,220 |
| JacksonvilleFLORIDA · FL | $58,280 | $58,582 | 4,990 |
| Cape CoralFLORIDA · FL | $57,930 | $56,600 | 2,140 |
| Punta GordaFLORIDA · FL | $57,860 | $57,558 | 260 |
| TampaFLORIDA · FL | $57,450 | $56,943 | 7,170 |
| CrestviewFLORIDA · FL | $57,200 | $58,950 | 550 |
| GainesvilleFLORIDA · FL | $55,680 | $57,561 | 650 |
See every metro in Florida.
How much work is there? Government data
Local job market
The Panama City area's unemployment rate was 4.0% in 2025 (all workers, not just electricians), below the typical U.S. metro's 4.1%. It was 4.1% in 2021.
BLS Local Area Unemployment Statistics, annual averages 2021–2025 (2025 preliminary).
Getting to work
The average commute in the Panama City area is 26 minutes each way, longer than the typical metro (24 min). 16% of commuters spend 45 minutes or more. 76% drive alone, 0% take transit and 10% work from home (all workers, not just trades).
Census American Community Survey, 2024 1-year estimates (table S0801).
Population
The Panama City area's population grew 15.7% from 2020 to 2025 (199,875 → 231,174), ranking #8 of 387 metros for growth (typical metro +2.5%). People moving in (net +31,781) account for more than all of the change.
Census Bureau population estimates, July 1 of each year, 2020–2025.
Homes in Panama City
The Panama City area has about 123,327 homes. 25% were built before 1980 (typical metro 45%), so its housing is newer than most; 22% were built in 2010 or later. 68% of households own their home, and the median home value is $324,900.
Census American Community Survey, 2024 1-year estimates (table DP04).
New construction
New-home permits in Panama City are down 12% from 2021 to 2025 (2,610 → 2,295).
In 2025 the Panama City area approved permits for 2,295 new homes (1,908 single-family), or 10.8 per 1,000 residents, ranking #23 of 393 metros, among the busiest building markets in the country.
Competition
In 2024 the area had 116 one-person businesses (no employees) in electrical contracting, averaging $57,172 a year in revenue before expenses.
They compete with 75 electrical contracting companies that have employees (about 651 workers in total). 63% of those companies have fewer than 5 employees.
Employee vs. working for yourself Your scenario
A model, not a market rate. It shows the minimum you'd need to bill to match a $52,900 employee salary once you cover what an employer normally pays for. Change any number.
Minimum billing rate
How this calculator works. Billable hours are hours you can charge a customer. Driving, quoting, paperwork and slow weeks aren't billable, which is why 1,400 is a common starting point versus 2,080 paid hours as an employee.
Get electrician pricing & estimate templates →Compare Panama City with another city →
About this data
- Pay: BLS Occupational Employment & Wage Statistics, May 2025, local to this metro.
- Pay over time: BLS OEWS May 2020–2025, local; inflation from the Consumer Price Index (CPI-U).
- Real pay: BEA Regional Price Parities, 2024, local.
- Rent: HUD Fair Market Rents, FY2027, local (county rents weighted by population).
- Job outlook, education, training: BLS Employment Projections 2025–35, national.
- Duties: O*NET 31.0, national.
- Safety: BLS Survey of Occupational Injuries and Illnesses, 2023–2024, national.
- New construction: Census Building Permits, 2021–2025, local.
- Housing: Census American Community Survey, 2024 1-year, local (age of homes, ownership, home values).
- Population: Census Bureau population estimates, 2020–2025, local.
- Commute: Census American Community Survey, 2024 1-year, local, all workers.
- Unemployment: BLS Local Area Unemployment Statistics, 2021–2025 annual averages, local, all workers (2025 preliminary).
- Competition: Census Nonemployer Statistics 2024 and County Business Patterns 2023, local, reported by industry, so related trades can share one figure.
- Jobs are employment estimates, not open positions. Grades rank this metro against all others for the same trade.