Average Budget Analysts Salary in Palm Bay-Melbourne-Titusville, FL
The average salary for a Budget Analysts in Palm Bay-Melbourne-Titusville, FL is $93,800. This compensation is in line with national standards, reflecting a balanced and stable local job market. Notably, Palm Bay-Melbourne-Titusville, FL is a key hub for this profession, with a job concentration 2.53x higher than average.
Executive Summary
- Average Salary: $93,800 per year.
- Growth Trend: Salaries have shifted 18.6% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $132,780.
- Outlook: The current demand for Budget Analystss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Palm Bay-Melbourne-Titusville, FL economy.
Salary Overview
The average Budget Analysts in Palm Bay-Melbourne-Titusville, FL earns-1.8%below the national average.
$45.1
$1,804
$7,817
Budget Analysts Salary Trends (2020-2024)
Over the past 4 years, Budget Analysts salaries in Palm Bay-Melbourne-Titusville, FL have shown healthy growth of 18.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Budget Analysts Salary Distribution in Palm Bay-Melbourne-Titusville, FL
The earning potential for Budget Analystss in Palm Bay-Melbourne-Titusville, FL varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $60,390, while highly experienced professionals can command wages upwards of $132,780.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,390 | $29 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $70,350 | $33.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $87,630 | $42.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $117,250 | $56.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $132,780 | $63.8 |
Detailed Budget Analysts Market Analysis
Relocation Context
Nominal Salary
$93,800
Gross Pay
Real Wage (Purchasing Power)
$93,800
Adjusted for COL (100)
In Palm Bay-Melbourne-Titusville, FL, the Cost of Living Index is 100. This increases your effective purchasing power from $93,800 to $93,800.
Job Market Context
190
Total Jobs
0.774
Per 1K Jobs
2.53
Location Quotient
Palm Bay-Melbourne-Titusville, FL has 2.5x the national concentration of Budget Analysts jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
190 people work as Budget Analysts in Palm Bay-Melbourne-Titusville, FL.
Only 0.774 out of every 1,000 local jobs are Budget Analysts roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Budget Analysts
| City | Salary | Dist. |
|---|---|---|
| Orlando-Kissimmee-Sanford, FL Budget Analysts Salary | $79,500↓ 15% | 59 mi |
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Budget Analystss?
Frequently Asked Questions
How much does a Budget Analysts make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Budget Analysts in Palm Bay-Melbourne-Titusville, FL is $93,800. This typically ranges from $60,390 for entry-level positions to $132,780 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Palm Bay-Melbourne-Titusville, FL is 1.8% lower than the national median of $95,520.
Is Palm Bay-Melbourne-Titusville, FL a good place for Budget Analystss?
Yes, Palm Bay-Melbourne-Titusville, FL is highly recommended due to strong job demand. While salaries are competitive ($93,800), the area is particularly notable for its high job density for Budget Analystss. See distinct detailed breakdown below.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Budget Analysts?
The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Palm Bay-Melbourne-Titusville, FL?
Some top paying nearby cities include Orlando-Kissimmee-Sanford, FL ($79,500) and others.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 0.774 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Budget Analysts • Data source: BLS OEWS 2024 •Jobs in Palm Bay-Melbourne-Titusville, FL