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Average Industrial Engineers Salary in Palm Bay-Melbourne-Titusville, FL

Industrial Engineers in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $106,860. This figure is remarkably close to the national average of $107,860, indicating a strong and stable demand for these professionals within the region. The localized pay reflects the specific industrial landscape and economic drivers unique to this Florida metropolitan area.

Executive Summary

  • Average Salary: $106,860 per year.
  • Growth Trend: Salaries have shifted 21.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $140,680.
  • Outlook: The industrial engineering job market in Palm Bay-Melbourne-Titusville is robust, evidenced by a substantial local workforce of 2,120 professionals. A Location Quotient of 3.86 signifies a significantly higher concentration of industrial engineers compared to the national average, suggesting strong industry presence and ongoing demand for their specialized skills.
2024 Market Data

Salary Overview

$106,860

The average Industrial Engineers in Palm Bay-Melbourne-Titusville, FL earns-0.9%below the national average.

BreakdownBased on 40h/week
Hourly

$51.4

Weekly

$2,055

Monthly

$8,905

Industrial Engineers Salary Distribution in Palm Bay-Melbourne-Titusville, FL

Career progression for Industrial Engineers in this region typically sees a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with specialized expertise and leadership responsibilities can command salaries well into the upper percentiles, reflecting a clear path for career and financial advancement.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$78,050$37.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$80,145$38.5
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$99,470$47.8
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$133,575$64.2
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$140,680$67.6

Detailed Industrial Engineers Market Analysis

Relocation Context

Nominal Salary

$106,860

Gross Pay

Real Wage (Purchasing Power)

$106,860

Adjusted for COL (100)

The nominal average salary of $106,860 in Palm Bay-Melbourne-Titusville aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an industrial engineer's salary in this area is equivalent to the national standard, offering a stable financial environment without the premium often associated with high-cost-of-living regions.

Job Market Context

2,120

Total Jobs

8.762

Per 1K Jobs

3.86

Location Quotient

Major Hub

Palm Bay-Melbourne-Titusville, FL has 3.9x the national concentration of Industrial 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 3.86, the Palm Bay-Melbourne-Titusville area exhibits a highly concentrated market for Industrial Engineers. This indicates a robust demand and a specialized industrial ecosystem that heavily relies on these professionals, making it a potentially advantageous location for those seeking opportunities in this field.

Nearby Job Markets

Nearby Cities for Industrial Engineers

Comparing salaries near Palm Bay-Melbourne-Titusville, FL

Hiring Industrial Engineerss?

Frequently Asked Questions

How much does a Industrial Engineers make in Palm Bay-Melbourne-Titusville, FL?

The median annual salary for a Industrial Engineers in Palm Bay-Melbourne-Titusville, FL is $106,860. This typically ranges from $78,050 for entry-level positions to $140,680 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 0.9% lower than the national median of $107,860.

Is Palm Bay-Melbourne-Titusville, FL a lucrative place for Industrial Engineers?

Yes, it is a financially stable location for Industrial Engineers.The average salary of $106,860 is on par with the national average, and the cost of living is also at the national average, providing strong purchasing power.

Is Palm Bay-Melbourne-Titusville, FL a good place to live for Industrial 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 Orlando-Kissimmee-Sanford, FL ($111,790) and North Florida nonmetropolitan area.

How does the local industrial engineer salary compare to the national average?

The average annual salary for Industrial Engineers in Palm Bay-Melbourne-Titusville is $106,860, which is very close to the national average of $107,860, indicating comparable earning potential.

What does the Location Quotient of 3.86 mean for Industrial Engineers?

A Location Quotient of 3.86 signifies that Industrial Engineers are employed in this region at a rate nearly four times higher than the national average, suggesting a strong concentration and demand for the profession.

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

With a Cost of Living Index of 100, the national average, the $106,860 salary offers purchasing power equivalent to the national standard, making it a financially balanced location.

What is the total number of Industrial Engineers in the Palm Bay-Melbourne-Titusville area?

There are approximately 2,120 Industrial Engineers working in the Palm Bay-Melbourne-Titusville metropolitan area, reflecting a significant 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 2,120 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 8.762 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.