Bakers pay range in Panama City
New workers and the lowest-paid 10% earn about $28,420 a year or less, while the top 10% make $42,980 or more. The middle half of bakers in Panama City earn between $29,000 and $36,830.
- $28K10th
- $29K25th
- $34KMedian
- $37K75th
- $43K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $34,430 | $2,869 | $16.55 |
| Median | $34,160 | $2,847 | $16.42 |
| Entry level (25th percentile) | $29,000 | $2,417 | $13.94 |
| Experienced (75th percentile) | $36,830 | $3,069 | $17.71 |
*Hourly figures assume 2,080 paid hours a year.
Bakers salary after taxes in Panama City
On the average salary of $34,430, a single filer in Panama City takes home about $29,844 a year, or $2,487 a month and $1,148 every two weeks. Taxes take 13% 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 bakers? 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 $34,430 buys what about $35,387 would buy in a typical U.S. metro. This job pays 0.8 times the median wage of all jobs in Panama City ($45,030). A typical home costs $345,838, or 10.0 years of this average salary before tax.
Bakers salary in other Florida cities
Panama City ranks 21st of 22 Florida metro areas for this job; Naples pays the most ($39,400).
- Naples$39,400
- Punta Gorda$38,280
- Fort Myers$38,090
- Sarasota$37,760
- Palm Bay$37,660
- Wildwood$37,570
- Miami$37,300
- Crestview$37,220
- Jacksonville$36,920
- Panama City$34,430
Highest-paying cities for bakers
Kahului, HI pays this job the most of the metro areas we cover ($52,420).
- Kahului, HI$52,420
- Seattle, WA$48,930
- San Jose, CA$48,600
- Honolulu, HI$47,930
- Olympia, WA$47,540
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Bakers salary in Panama City: questions
How much do bakers make an hour in Panama City?
$16.55 an hour on average, and $16.43 at the median (BLS, May 2025).
What is the entry-level bakers salary in Panama City?
The lowest-paid 10% earn about $28,420 a year and the 25th percentile is $29,000, a fair guide to starting pay.
What is the bakers take-home pay in Panama City?
About $29,844 a year ($2,487 a month) for a single filer on the average salary of $34,430. Florida has no state income tax.
Do bakers earn more in Panama City than elsewhere?
The average here is 11% less than the U.S. metro average for this job ($38,765).
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 51-3011; area Panama City-Panama City Beach, FL (37460). Relative standard error of the mean wage: 1.8%.
- 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 0.70, this job is less common than in the U.S. overall (location quotient 0.70).
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