SalaryNode

Average Construction and Extraction Occupations Salary in Palm Bay-Melbourne-Titusville, FL

In the Palm Bay-Melbourne-Titusville, FL area, professionals in Construction and Extraction Occupations earn an average annual salary of $53,530. This figure is notably below the national average of $64,030, suggesting that local market dynamics, such as specific industry demands or regional economic factors, play a significant role in compensation for these vital roles.

Executive Summary

  • Average Salary: $53,530 per year.
  • Growth Trend: Salaries have shifted 22.6% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $77,200.
  • Outlook: The construction and extraction sector in Palm Bay-Melbourne-Titusville demonstrates a healthy presence, with a local workforce of 12,300 individuals. The Location Quotient of 1.23 indicates a concentration of these jobs that is 23% higher than the national average, signaling a robust and potentially growing demand for skilled labor within this specific geographic region.
2024 Market Data

Salary Overview

$53,530

The average Construction and Extraction Occupations in Palm Bay-Melbourne-Titusville, FL earns-16.4%below the national average.

BreakdownBased on 40h/week
Hourly

$25.7

Weekly

$1,029

Monthly

$4,461

Construction and Extraction Occupations Salary Distribution in Palm Bay-Melbourne-Titusville, FL

Career progression within Construction and Extraction Occupations typically sees significant salary increases with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized skills and years of experience can command salaries well into the upper percentiles, reflecting a clear path for advancement and increased earning potential within the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
ApprenticeLearning trade under supervision. Classroom + OJT.10% (Entry)$36,290$17.4
JourneymanLicensed/Certified. Works independently on standard tasks.25% (Junior)$40,148$19.3
Senior TechnicianHandles complex installations & troubleshooting.50% (Median)$48,500$23.3
Foreman / MasterSupervises crews, handles permits & code compliance.75% (Senior)$66,913$32.2
SuperintendentSite management, business owner, or master tradesman.90% (Expert)$77,200$37.1

Detailed Construction and Extraction Occupations Market Analysis

Relocation Context

Nominal Salary

$53,530

Gross Pay

Real Wage (Purchasing Power)

$53,530

Adjusted for COL (100)

The average annual salary of $53,530 in Palm Bay-Melbourne-Titusville aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a construction and extraction worker's salary in this region is equivalent to that of a worker earning the national average salary in a region with a national average cost of living.

Job Market Context

12,300

Total Jobs

50.769

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Palm Bay-Melbourne-Titusville, FL has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.

With a Location Quotient of 1.23, the Palm Bay-Melbourne-Titusville metropolitan area exhibits a higher concentration of Construction and Extraction Occupations compared to the national average. This suggests a favorable market for job seekers in these fields, as the demand for these roles is relatively stronger than in many other parts of the country, potentially leading to more opportunities and competitive hiring.

Nearby Job Markets

Hiring Construction and Extraction Occupationss?

Frequently Asked Questions

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

The median annual salary for a Construction and Extraction Occupations in Palm Bay-Melbourne-Titusville, FL is $53,530. This typically ranges from $36,290 for entry-level positions to $77,200 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 16.4% lower than the national median of $64,030.

Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Construction and Extraction Occupationss?

No, not when compared to the national average.While the local job market shows a higher concentration of these roles (LQ 1.23), the average salary of $53,530 is significantly lower than the national average of $64,030.

Is Palm Bay-Melbourne-Titusville, FL a good place to live for Construction and Extraction 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 ($52,030) and Port St. Lucie, FL.

How does the local salary compare to the national average?

The average annual salary for Construction and Extraction Occupations in Palm Bay-Melbourne-Titusville, FL is $53,530, which is below the national average of $64,030.

What is the Cost of Living in Palm Bay-Melbourne-Titusville, FL?

The Cost of Living Index for Palm Bay-Melbourne-Titusville, FL is 100, which is exactly the national average.

Is there high demand for Construction and Extraction workers in this area?

Yes, the Location Quotient of 1.23 indicates a higher concentration of these jobs than the national average, suggesting strong local demand.

How many Construction and Extraction workers are there locally?

There are approximately 12,300 individuals employed in Construction and Extraction Occupations within the Palm Bay-Melbourne-Titusville, FL area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 12,300 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 50.769 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.