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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.
2024 Market Data

Salary Overview

$93,800

The average Budget Analysts in Palm Bay-Melbourne-Titusville, FL earns-1.8%below the national average.

BreakdownBased on 40h/week
Hourly

$45.1

Weekly

$1,804

Monthly

$7,817

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 LevelMarket PercentileAnnual WageHourly 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

Major Hub

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

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.