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Average Salary in Freeport 2019

How much money does a person working in Freeport make?

2,554 BSD per month
Average Monthly Salary
A person working in Freeport typically earns around 2,554 BSD per month.
This is the average monthly salary including housing, transport, and other benefits.
Salaries differ drasticly between different jobs. If you are interested in the salary of a particular job, see below for salaries for specific job titles.

Distribution of Salaries in Freeport | All Jobs

Median and salary distribution monthly Freeport

Abount These Figures: Salary Range, Median and Percentiles

Salaries in Freeport range between 346 BSD per month (minimum salary) to 11,308 BSD per month (maximum salary).

The median salary is 2,656 BSD per month, which means that half (50%) of the population are earning less than 2,656 BSD while the other half are earning more than 2,656 BSD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.

Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of the population are earning less than 1,351 BSD while 75% of them are earning more than 1,351 BSD. Also from the diagram, 75% of the population are earning less than 7,541 BSD while 25% are earning more than 7,541 BSD.

What is the difference between the median and the average salary? What should you be looking at?

Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plently of room for improvement. If your wage is in between the average and median, then things can be a bit confusing. We have written a guide to explain all the different senarios. How to compare your salary

Salary Trend and Forecast in Freeport

How are Freeport salaries changing over time? Listed below is a chart that shows the average salary over the past few years.

Salary trends and forecast monthly Freeport
Average Salary 2016    =  
2,290 BSD
Average Salary 2017    +4%  
2,375 BSD
Average Salary 2018    +4%  
2,463 BSD
Average Salary 2019    +4%  
2,554 BSD
Percentage increase and decrease are relative to the previous value
Salaries in Freeport are on the rise in the year 2019 based on recent submitted salaries and reports. As displayed in the chart, salaries in 2019 are 4% higher than those of 2018. The trend suggests a slow yet continous increase in pay in 2020 and future years. These numbers differ slightly from industry to another.

Salaries for popular jobs

Job TitleAverage Salary
Accountant1,782 BSD
Administrative Assistant1,325 BSD
Architect2,367 BSD
Attorney3,627 BSD
Biomedical Engineer2,306 BSD
CAD Drafter1,910 BSD
Cashier1,495 BSD
Chartered Accountant2,147 BSD
Chef2,069 BSD
Chief Executive Officer5,865 BSD
Chief Financial Officer5,370 BSD
Civil Engineer2,343 BSD
Computer Technician1,948 BSD
Creative Director2,586 BSD
Dentist5,912 BSD
Developer / Programmer2,185 BSD
Electrical Engineer2,415 BSD
Elementary School Teacher1,704 BSD
Engineer2,308 BSD
Executive Chef2,306 BSD
Flight Attendant2,297 BSD
General Manager4,580 BSD
Graphic Designer1,729 BSD
Hotel Manager3,967 BSD
Human Resources Manager3,634 BSD
Internal Auditor2,722 BSD
Journalist2,617 BSD
Legal Assistant1,829 BSD
Mechanical Engineer2,640 BSD
Nurse1,954 BSD
Pharmacist3,014 BSD
Photographer1,758 BSD
Pilot3,117 BSD
Police Officer2,083 BSD
Project Manager2,900 BSD
Receptionist1,867 BSD
Sales Manager4,093 BSD
Sales Representative1,731 BSD
Secondary School Teacher2,071 BSD
Secretary1,341 BSD
Teacher2,063 BSD
Teller1,740 BSD
Travel Agent2,158 BSD
Waiter / Waitress1,620 BSD

Average Hourly Wage in Freeport | All Jobs

15 BSD per hour
Average Hourly Wage

The average hourly wage (pay per hour) in Freeport | All Jobs is 15 BSD. This means that the average person in Freeport earns approximatly 15 BSD for every worked hour.

Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )

The hourly wage is the salary paid in one working hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and annual vacation allowance. The figures mentioned above are good approximation and they are considered to the be the standard.

Freeport VS Bahamas

Salary Comparison Between Freeport and Bahamas monthlyWe compared salaries in Freeport and Bahamas and we found that Freeport salaries are 20% less than those of Bahamas.
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