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Average Construction Managers Salary in Palm Bay-Melbourne-Titusville, FL

Construction Managers in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $110,570. This figure is slightly below the national average of $119,770, a difference often influenced by regional economic factors and the specific demand within the local construction sector. The unique economic landscape of this Florida region shapes compensation for these vital roles.

Executive Summary

  • Average Salary: $110,570 per year.
  • Growth Trend: Salaries have shifted 16.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $168,000.
  • Outlook: With a local workforce of 460 Construction Managers, the job market in Palm Bay-Melbourne-Titusville, FL, shows a moderate level of activity. The Location Quotient of 0.85 suggests that while the profession is present, it is not as concentrated as the national average, indicating a stable but not overly saturated demand for skilled professionals in this area.
2024 Market Data

Salary Overview

$110,570

The average Construction Managers in Palm Bay-Melbourne-Titusville, FL earns-7.7%below the national average.

BreakdownBased on 40h/week
Hourly

$53.2

Weekly

$2,126

Monthly

$9,214

Construction Managers Salary Distribution in Palm Bay-Melbourne-Titusville, FL

Career progression for Construction Managers significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and a proven track record can command salaries in the upper percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise, leadership, and project management acumen in the construction industry.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,730$29.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$82,928$39.9
ManagerOversees team, compliance, and project delivery.50% (Median)$101,970$49
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$138,213$66.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$168,000$80.8

Detailed Construction Managers Market Analysis

Relocation Context

Nominal Salary

$110,570

Gross Pay

Real Wage (Purchasing Power)

$110,570

Adjusted for COL (100)

The average annual salary of $110,570 in Palm Bay-Melbourne-Titusville, FL, aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Construction Manager's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain relative to other parts of the country.

Job Market Context

460

Total Jobs

1.919

Per 1K Jobs

0.85

Location Quotient

Below Average

Palm Bay-Melbourne-Titusville, FL has 0.85x the national average concentration of Construction Managers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.85 indicates that Construction Manager roles are slightly less concentrated in Palm Bay-Melbourne-Titusville, FL, compared to the national average. This suggests a healthy job market where demand exists, but the competition might be less intense than in areas with a higher concentration, potentially offering good opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Construction Managers

Comparing salaries near Palm Bay-Melbourne-Titusville, FL

Hiring Construction Managerss?

Frequently Asked Questions

How much does a Construction Managers make in Palm Bay-Melbourne-Titusville, FL?

The median annual salary for a Construction Managers in Palm Bay-Melbourne-Titusville, FL is $110,570. This typically ranges from $61,730 for entry-level positions to $168,000 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 7.7% lower than the national median of $119,770.

Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Construction Managers?

Moderately lucrative, with average pay aligning with national cost of living.Construction Managers in this area earn $110,570, which is slightly below the national average but matches the national cost of living index. The market offers stable opportunities without extreme saturation.

Is Palm Bay-Melbourne-Titusville, FL a good place to live for Construction Managers?

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 ($108,850) and Port St. Lucie, FL.

How does the Palm Bay-Melbourne-Titusville salary compare to the national average?

The average salary of $110,570 in Palm Bay-Melbourne-Titusville, FL, is approximately 7.6% lower than the national average of $119,770 for Construction Managers.

What is the job concentration for Construction Managers in this Florida region?

The Location Quotient of 0.85 indicates that Construction Managers are slightly less concentrated in Palm Bay-Melbourne-Titusville, FL, compared to the national average, suggesting a balanced job market.

How does the cost of living affect the salary for Construction Managers here?

With a Cost of Living Index of 100, the $110,570 salary in Palm Bay-Melbourne-Titusville, FL, offers purchasing power equivalent to the national average, making it a stable financial environment.

What is the total number of Construction Managers in the Palm Bay-Melbourne-Titusville, FL area?

There are approximately 460 Construction Managers employed within the Palm Bay-Melbourne-Titusville, FL metropolitan area, reflecting a notable presence in the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 460 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 1.919 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.