SalaryNode

Average Computer and Mathematical Occupations Salary in Palm Bay-Melbourne-Titusville, FL

In the Palm Bay-Melbourne-Titusville, FL area, professionals in Computer and Mathematical Occupations earn an average annual salary of $108,740. This figure is slightly below the national average of $119,220, a common occurrence in regions with specific industry concentrations or unique economic drivers that influence compensation structures.

Executive Summary

  • Average Salary: $108,740 per year.
  • Growth Trend: Salaries have shifted 14.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $163,450.
  • Outlook: The Palm Bay-Melbourne-Titusville region boasts a robust job market for Computer and Mathematical Occupations, evidenced by a total local workforce of 11,480 individuals in this sector. The Location Quotient of 1.41 indicates a significantly higher concentration of these roles compared to the national average, suggesting strong demand and a specialized talent pool within the area.
2024 Market Data

Salary Overview

$108,740

The average Computer and Mathematical Occupations in Palm Bay-Melbourne-Titusville, FL earns-8.8%below the national average.

BreakdownBased on 40h/week
Hourly

$52.3

Weekly

$2,091

Monthly

$9,062

Computer and Mathematical Occupations Salary Distribution in Palm Bay-Melbourne-Titusville, FL

Salary progression within Computer and Mathematical Occupations is strongly tied to experience and specialization. Entry-level positions typically command lower salaries, while senior roles, requiring extensive expertise and leadership, can significantly exceed the average. The widening gap between entry-level and senior salaries, often seen across different pay percentiles, signifies substantial career growth opportunities and earning potential.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$55,350$26.6
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$81,555$39.2
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$103,630$49.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$135,925$65.3
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$163,450$78.6

Detailed Computer and Mathematical Occupations Market Analysis

Relocation Context

Nominal Salary

$108,740

Gross Pay

Real Wage (Purchasing Power)

$108,740

Adjusted for COL (100)

The nominal average salary of $108,740 in Palm Bay-Melbourne-Titusville, FL, holds its value effectively due to a Cost of Living Index of 100, which is precisely at the national average. This means that the purchasing power of the salary is comparable to the national standard, making the region an economically stable choice for professionals in this field.

Job Market Context

11,480

Total Jobs

47.399

Per 1K Jobs

1.41

Location Quotient

Above Average

With a location quotient of 1.41, Palm Bay-Melbourne-Titusville, FL has a slightly higher-than-average concentration of Computer and Mathematical Occupations roles compared to the national norm.

With a Location Quotient of 1.41, the Palm Bay-Melbourne-Titusville area demonstrates a notable concentration of Computer and Mathematical Occupations professionals, exceeding the national average by 41%. This suggests a competitive yet specialized market where employers actively seek talent within this domain, and professionals may find a vibrant community of peers and industry-specific opportunities.

Nearby Job Markets

Hiring Computer and Mathematical Occupationss?

Frequently Asked Questions

How much does a Computer and Mathematical Occupations make in Palm Bay-Melbourne-Titusville, FL?

The median annual salary for a Computer and Mathematical Occupations in Palm Bay-Melbourne-Titusville, FL is $108,740. This typically ranges from $55,350 for entry-level positions to $163,450 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 8.8% lower than the national median of $119,220.

Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Computer and Mathematical Occupationss?

Yes, it offers a competitive salary with a cost of living that matches the national average.While the average salary is slightly below the national benchmark, the strong concentration of these jobs and a cost of living index at 100 make it an economically sound location for professionals.

Is Palm Bay-Melbourne-Titusville, FL a good place to live for Computer and Mathematical Occupations?

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 Sebastian-Vero Beach-West Vero Corridor, FL ($101,020) and Port St. Lucie, FL.

How does the local salary compare to the national average?

The average annual salary for Computer and Mathematical Occupations in Palm Bay-Melbourne-Titusville, FL is $108,740, which is approximately 9% lower than the national average of $119,220.

What is the significance of the Location Quotient (LQ) of 1.41?

An LQ of 1.41 indicates that Computer and Mathematical Occupations are 41% more concentrated in the Palm Bay-Melbourne-Titusville area than the national average, suggesting a strong local industry presence and demand for these roles.

How does the cost of living affect the salary in Palm Bay-Melbourne-Titusville, FL?

With a Cost of Living Index of 100, the local cost of living is equivalent to the national average. This means the $108,740 salary has a purchasing power that aligns with the national standard.

What is the total number of Computer and Mathematical Occupations jobs in the area?

There are approximately 11,480 individuals employed in Computer and Mathematical Occupations within the Palm Bay-Melbourne-Titusville, FL workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 11,480 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 47.399 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.