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

Marketing Managers in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $142,370. This figure is notably below the national average of $172,340, suggesting localized economic factors or a different market dynamic influence compensation in this region. The specific demand and supply for marketing expertise within this Florida metropolitan area likely contribute to this pay differential.

Executive Summary

  • Average Salary: $142,370 per year.
  • Growth Trend: Salaries have shifted 4.5% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $213,555.
  • Outlook: With a local workforce of 430 Marketing Managers, the job market in Palm Bay-Melbourne-Titusville, FL, shows a moderate concentration of talent. The Location Quotient of 0.72 indicates a slightly lower presence of these professionals compared to the national average, suggesting a potentially stable but not overly saturated demand for their skills within the region.
2024 Market Data

Salary Overview

$142,370

The average Marketing Managers in Palm Bay-Melbourne-Titusville, FL earns-17.4%below the national average.

BreakdownBased on 40h/week
Hourly

$68.5

Weekly

$2,738

Monthly

$11,864

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

The salary trajectory for Marketing Managers in Palm Bay-Melbourne-Titusville, FL, typically scales significantly with experience. Entry-level positions might start considerably lower than the average, while senior-level roles commanding higher salaries are expected. The percentile gaps between these levels signify clear career progression pathways and the increasing value placed on strategic leadership and proven results.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$41,600$20
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$106,778$51.3
ManagerOversees team, compliance, and project delivery.50% (Median)$130,760$62.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$177,963$85.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$213,555$102.7

Detailed Marketing Managers Market Analysis

Relocation Context

Nominal Salary

$142,370

Gross Pay

Real Wage (Purchasing Power)

$142,370

Adjusted for COL (100)

The average annual salary of $142,370 in Palm Bay-Melbourne-Titusville, FL, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a Marketing Manager's salary in this area is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services.

Job Market Context

430

Total Jobs

1.793

Per 1K Jobs

0.72

Location Quotient

Below Average

Palm Bay-Melbourne-Titusville, FL has 0.72x the national average concentration of Marketing 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 0.72 for Marketing Managers in Palm Bay-Melbourne-Titusville, FL, suggests that the concentration of these professionals is slightly below the national average. This could indicate a market with less intense competition for top talent, potentially offering opportunities for skilled individuals, but also suggesting that the demand might not be as robust as in more concentrated metropolitan areas.

Nearby Job Markets

Nearby Cities for Marketing Managers

Comparing salaries near Palm Bay-Melbourne-Titusville, FL

Hiring Marketing Managerss?

Frequently Asked Questions

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

The median annual salary for a Marketing Managers in Palm Bay-Melbourne-Titusville, FL is $142,370. This typically ranges from $41,600 for entry-level positions to $213,555 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 17.4% lower than the national median of $172,340.

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

No, not compared to the national average.While the average salary of $142,370 is substantial, it falls below the national average of $172,340. However, the cost of living is also at the national average, making the salary's purchasing power comparable.

Is Palm Bay-Melbourne-Titusville, FL a good place to live for Marketing 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 ($129,010) and Port St. Lucie, FL.

How does the local Marketing Manager salary compare to the national average?

The average salary for Marketing Managers in Palm Bay-Melbourne-Titusville, FL, is $142,370, which is approximately $30,000 less than the national average of $172,340.

What is the cost of living like for Marketing Managers in Palm Bay-Melbourne-Titusville, FL?

The Cost of Living Index in Palm Bay-Melbourne-Titusville, FL, is 100, which is exactly the national average. This means that the cost of goods and services is neither higher nor lower than the typical U.S. metropolitan area.

How many Marketing Managers are there in the Palm Bay-Melbourne-Titusville, FL area?

There are approximately 430 Marketing Managers employed in the Palm Bay-Melbourne-Titusville, FL metropolitan area.

Is the job market for Marketing Managers in this area highly concentrated?

No, the job market is slightly less concentrated than the national average, with a Location Quotient of 0.72. This suggests a moderate level of demand and a potentially less competitive environment compared to national hubs.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 430 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 1.793 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.