Average Electrical Engineers Salary in Palm Bay-Melbourne-Titusville, FL
Electrical Engineers in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $119,760. This figure is slightly below the national average of $121,030, but local economic factors and industry demand play a significant role in shaping compensation within this region. The concentration of specialized industries and the specific needs of the local market contribute to this competitive pay.
Executive Summary
- Average Salary: $119,760 per year.
- Growth Trend: Salaries have shifted 12.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $168,000.
- Outlook: The job market for Electrical Engineers in Palm Bay-Melbourne-Titusville, FL, appears robust, evidenced by a substantial local workforce of 730 professionals. The Location Quotient of 2.45 indicates a significantly higher concentration of these roles compared to the national average, suggesting strong local demand and a specialized ecosystem for electrical engineering talent.
Salary Overview
The average Electrical Engineers in Palm Bay-Melbourne-Titusville, FL earns-1.0%below the national average.
$57.6
$2,303
$9,980
Electrical Engineers Salary Trends (2020-2024)
While specific historical data for this precise region isn't provided, it's reasonable to assume that salaries for Electrical Engineers in Palm Bay-Melbourne-Titusville, FL, have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by increasing technological complexity, evolving industry standards, and a persistent demand for skilled engineering professionals.
Electrical Engineers Salary Distribution in Palm Bay-Melbourne-Titusville, FL
Salary progression for Electrical Engineers in Palm Bay-Melbourne-Titusville, FL, is strongly tied to experience. Entry-level positions typically start at a lower percentile, while senior engineers with extensive expertise and specialized skills command salaries in the higher percentiles. The widening gap between entry-level and senior salaries signifies clear career advancement opportunities and the increasing value placed on seasoned professionals.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Junior / AssociateEntry level. Focus on learning core skills & codebase. | 10% (Entry) | $79,500 | $38.2 |
| Engineer IProficient contributor. Handles tasks independently. | 25% (Junior) | $89,820 | $43.2 |
| Senior EngineerSystem design, complex problem solving, mentoring. | 50% (Median) | $124,210 | $59.7 |
| Lead / StaffTechnical strategy, architecture, cross-team impact. | 75% (Senior) | $149,700 | $72 |
| Principal / ArchitectIndustry expert. Driving technical vision & innovation. | 90% (Expert) | $168,000 | $80.8 |
Detailed Electrical Engineers Market Analysis
Relocation Context
Nominal Salary
$119,760
Gross Pay
Real Wage (Purchasing Power)
$119,760
Adjusted for COL (100)
The nominal average salary of $119,760 in Palm Bay-Melbourne-Titusville, FL, is perfectly aligned with the local Cost of Living Index of 100, which matches the national average. This means that the purchasing power of an Electrical Engineer's salary in this area is equivalent to the national standard, offering a stable financial outlook without significant adjustments needed for daily expenses.
Job Market Context
730
Total Jobs
2.996
Per 1K Jobs
2.45
Location Quotient
Palm Bay-Melbourne-Titusville, FL has 2.5x the national concentration of Electrical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.45, the Palm Bay-Melbourne-Titusville, FL, area exhibits a highly concentrated market for Electrical Engineers, more than double the national average. This suggests a specialized demand, potentially driven by defense, aerospace, or technology sectors, making it a competitive yet opportunity-rich environment for professionals in this field.
Nearby Job Markets
Nearby Cities for Electrical Engineers
| City | Salary | Dist. |
|---|---|---|
| Port St. Lucie, FL Electrical Engineers Salary | $93,910↓ 22% | 50 mi |
| Orlando-Kissimmee-Sanford, FL Electrical Engineers Salary | $116,750↓ 3% | 59 mi |
| North Florida nonmetropolitan area Electrical Engineers Salary | $104,530↓ 13% | 64 mi |
Comparing salaries near Palm Bay-Melbourne-Titusville, FL
Hiring Electrical Engineerss?
Frequently Asked Questions
How much does a Electrical Engineers make in Palm Bay-Melbourne-Titusville, FL?
The median annual salary for a Electrical Engineers in Palm Bay-Melbourne-Titusville, FL is $119,760. This typically ranges from $79,500 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 1.0% lower than the national median of $121,030.
Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Electrical Engineers?
Yes, it offers competitive compensation and a concentrated job market.The average salary of $119,760 is strong, and the Location Quotient of 2.45 indicates a significant concentration of demand for Electrical Engineers in the region.
Is Palm Bay-Melbourne-Titusville, FL a good place to live for Electrical Engineers?
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 Port St. Lucie, FL ($93,910) and Orlando-Kissimmee-Sanford, FL.
How does the Electrical Engineer salary in Palm Bay-Melbourne-Titusville compare to the national average?
The average salary of $119,760 in Palm Bay-Melbourne-Titusville, FL, is slightly lower than the national average of $121,030, but the cost of living is also at the national average, making the purchasing power comparable.
What is the significance of the Location Quotient for Electrical Engineers in this area?
A Location Quotient of 2.45 means that Electrical Engineers are more than twice as concentrated in Palm Bay-Melbourne-Titusville, FL, compared to the national average, indicating a specialized and robust local job market for this profession.
How many Electrical Engineers are employed in Palm Bay-Melbourne-Titusville, FL?
There are approximately 730 Electrical Engineers employed within the Palm Bay-Melbourne-Titusville, FL metropolitan area.
Does the cost of living affect the Electrical Engineer salary in Palm Bay-Melbourne-Titusville, FL?
No, the cost of living in Palm Bay-Melbourne-Titusville, FL, is exactly at the national average (100), meaning the average salary of $119,760 offers a standard purchasing power equivalent to the national level.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 730 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 2.996 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Electrical Engineers • Data source: BLS OEWS 2024 •Jobs in Palm Bay-Melbourne-Titusville, FL