SOC 29-1229 · Panama City-Panama City Beach, FL metro

Physicians, All Other Salary in Panama City, FL

The average salary for other physicians in Panama City, Florida is $258,500 a year ($124.28 an hour), according to BLS estimates for May 2025. The median is $258,380: half of the 120 people in this job in the Panama City-Panama City Beach, FL metro area earn more than that, half earn less. That average is about the same as the U.S. metro average for this job ($260,322).

$258,500average per year

$124.28 / hourMedian $258,380Take-home ≈ $188,762

  • $115K10th
  • $199K25th
  • $258KMedian
  • $344K75th
  • $415K90th

median average · bar = middle 50% of workers

120people in this job
-1%vs U.S. metro average
#13 of 22Florida metros
97cost of living (U.S. = 100)
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Physicians, All Other pay range in Panama City

New workers and the lowest-paid 10% earn about $115,020 a year or less, while the top 10% make $415,240 or more. The middle half of other physicians in Panama City earn between $198,750 and $344,170.

  • $115K10th
  • $199K25th
  • $258KMedian
  • $344K75th
  • $415K90th

median average · bar = middle 50% of workers

Pay levelPer yearPer monthPer hour*
Average$258,500$21,542$124.28
Median$258,380$21,532$124.22
Entry level (25th percentile)$198,750$16,562$95.55
Experienced (75th percentile)$344,170$28,681$165.47

*Hourly figures assume 2,080 paid hours a year.

Physicians, All Other salary after taxes in Panama City

On the average salary of $258,500, a single filer in Panama City takes home about $188,762 a year, or $15,730 a month and $7,260 every two weeks. Taxes take 27% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.

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Is Panama City a good place for other physicians? 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 $258,500 buys what about $265,684 would buy in a typical U.S. metro. This job pays 5.7 times the median wage of all jobs in Panama City ($45,030). A typical home costs $345,838, or 1.3 years of this average salary before tax.

See what $258,500 is worth in another city

Physicians, All Other salary in other Florida cities

Panama City ranks 13th of 22 Florida metro areas for this job; Palm Bay pays the most ($327,210).

All Physicians, All Other salaries in Florida

Highest-paying cities for other physicians

Chattanooga, TN pays this job the most of the metro areas we cover ($431,890).

Physicians, All Other salary by city

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Reviewed before it counts. Physicians, All Other in Panama City, FL.

Physicians, All Other salary in Panama City: questions

How much do other physicians make an hour in Panama City?

$124.28 an hour on average, and $124.22 at the median (BLS, May 2025).

What is the entry-level other physicians salary in Panama City?

The lowest-paid 10% earn about $115,020 a year and the 25th percentile is $198,750, a fair guide to starting pay.

What is the other physicians take-home pay in Panama City?

About $188,762 a year ($15,730 a month) for a single filer on the average salary of $258,500. Florida has no state income tax.

Do other physicians earn more in Panama City than elsewhere?

The average here is about the same as the U.S. metro average for this job ($260,322).

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 29-1229; area Panama City-Panama City Beach, FL (37460). Relative standard error of the mean wage: 3.7%.
  • 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 0.60, this job is less common than in the U.S. overall (location quotient 0.60).

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