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Average Annual Wages by Industry

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Executive Summary

Executive Summary

Chart 3-2: Average Annual Wages by Industry

Southwest Florida 2019

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

$106,265 $94,657 $81,161 $78,848 $73,655 $67,490 $58,455 $56,467 $55,123 $54,813 $54,230 $49,196 $44,901 $39,024 $38,013 $37,329 $36,707 $35,650 $32,537 $24,328

$0 $50,000 $100,000 $150,000

Average Annual Wages by Industry

Southwest Florida had an average annual wage of $45,492 in 2019. The management of companies and enterprises industry had the largest average annual wage in Southwest Florida, measuring at $106,265 (as shown in Chart 3-2 and Table 3-2). The finance and insurance industry had the second highest average annual wages in 2019 ($94,657), followed by the utilities industry ($81,161), professional and technical services industry ($78,848), and wholesale trade industry ($73,655). The information industry had the sixth highest average annual wage in 2019 ($67,490), followed by mining, quarrying, and oil and gas extraction ($58,455), health care and social assistance ($55,123), manufacturing ($54,813), and real estate and rental and leasing ($54,230) 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 2019.

Table 3-2: Average Annual Wages by Industry

Southwest Florida 2019

Industry

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

Average Annual Wage

$106,265 $94,657 $81,161 $78,848 $73,655 $67,490 $58,455 $56,467 $55,123 $54,813 $54,230 $49,196 $44,901 $39,024 $38,013 $37,329 $36,707 $35,650 $32,537 $24,328

Total, all industries

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

$45,492

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