Average Annual Wages by Industry

Average Annual Wages by Industry

Southwest Florida had an average annual wage of $49,448 in 2020. The management of companies and enterprises industry had the largest average annual wage in Southwest Florida, measuring at $116,233 (as shown in Chart 3-2 and Table 3-2).

The finance and insurance industry had the second highest average annual wages in 2020 ($108,058), followed by the utilities industry ($88,342), professional and technical services industry ($81,144), and wholesale trade industry ($76,780). The information industry had the sixth highest average annual wage in 2020 ($72,261), followed by health care and social assistance ($60,877), mining, quarrying, and oil and gas extraction ($56,689), manufacturing ($57,559), and real estate and rental and leasing ($56,820) to round out the top 10. Only one industry (health care and social assistance) in the top five highest employment in Southwest Florida was ranked in the top 10 in average annual wages in 2020.

Southwest Florida 2020

Industry

Management of Companies and Enterprises Finance and Insurance Utilities Professional and Technical Services Wholesale Trade Information Health Care and Social Assistance Mining, Quarrying, and Oil and Gas Extraction Manufacturing Real Estate and Rental and Leasing Construction Unclassified Transportation and Warehousing Arts, Entertainment, and Recreation Agriculture, Forestry, Fishing and Hunting Educational Services Administrative and Waste Services Other Services, Except Public Administration Retail Trade Accommodation and Food Services

Total, all industries

Source: Quarterly Census of Employment and Wages, Bureau of Labor Statistics

Average Annual Wage

$116,233 $108,058 $88,342 $81,144 $76,780 $72,261 $60,877 $59,689 $57,559 $56,820 $52,117 $50,994 $46,109 $43,766 $41,920 $40,374 $38,762 $37,935 $35,228 $25,015

$49,448