SalaryNode

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

Mechanical Engineers in the Palm Bay-Melbourne-Titusville, FL area earn an average annual salary of $106,630. This figure is slightly below the national average of $109,640, suggesting a localized market dynamic that influences compensation. Factors such as regional industry demand and the specific skill sets prevalent in the area likely contribute to this pay scale.

Executive Summary

  • Average Salary: $106,630 per year.
  • Growth Trend: Salaries have shifted 6.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $155,080.
  • Outlook: The Palm Bay-Melbourne-Titusville area boasts a robust job market for Mechanical Engineers, with a local workforce of 1,200 professionals. The Location Quotient of 2.67 indicates a significantly higher concentration of these roles compared to the national average, signaling strong and sustained demand within the region.
2024 Market Data

Salary Overview

$106,630

The average Mechanical Engineers in Palm Bay-Melbourne-Titusville, FL earns-2.7%below the national average.

BreakdownBased on 40h/week
Hourly

$51.3

Weekly

$2,051

Monthly

$8,886

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

Salary progression for Mechanical Engineers in Palm Bay-Melbourne-Titusville 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 compensation underscores significant career advancement opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$73,410$35.3
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$79,973$38.4
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$102,310$49.2
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$133,288$64.1
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$155,080$74.6

Detailed Mechanical Engineers Market Analysis

Relocation Context

Nominal Salary

$106,630

Gross Pay

Real Wage (Purchasing Power)

$106,630

Adjusted for COL (100)

With an average annual salary of $106,630 and a Cost of Living Index of 100 (matching the national average), Mechanical Engineers relocating to Palm Bay-Melbourne-Titusville can expect their earnings to hold their purchasing power effectively. The salary aligns well with the local cost of goods and services, indicating a stable financial environment for professionals in this field.

Job Market Context

1,200

Total Jobs

4.97

Per 1K Jobs

2.67

Location Quotient

Major Hub

Palm Bay-Melbourne-Titusville, FL has 2.7x the national concentration of Mechanical Engineers jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

The Location Quotient of 2.67 for Mechanical Engineers in Palm Bay-Melbourne-Titusville signifies a highly concentrated job market, more than double the national average. This suggests that the region is a significant hub for mechanical engineering talent and opportunities, potentially leading to a competitive yet abundant landscape for job seekers.

Nearby Job Markets

Nearby Cities for Mechanical Engineers

Comparing salaries near Palm Bay-Melbourne-Titusville, FL

Hiring Mechanical Engineerss?

Frequently Asked Questions

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

The median annual salary for a Mechanical Engineers in Palm Bay-Melbourne-Titusville, FL is $106,630. This typically ranges from $73,410 for entry-level positions to $155,080 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 2.7% lower than the national median of $109,640.

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

Yes, it presents a strong earning potential.The average salary of $106,630, combined with a national-average cost of living and a highly concentrated job market (LQ of 2.67), makes it an attractive location for Mechanical Engineers.

Is Palm Bay-Melbourne-Titusville, FL a good place to live for Mechanical 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 Sebastian-Vero Beach-West Vero Corridor, FL ($99,940) and Port St. Lucie, FL.

How does the average Mechanical Engineer salary in Palm Bay compare to the national average?

The average salary for Mechanical Engineers in Palm Bay-Melbourne-Titusville is $106,630, which is slightly lower than the national average of $109,640.

What does a Location Quotient of 2.67 mean for Mechanical Engineers in this area?

A Location Quotient of 2.67 indicates that Mechanical Engineers are more than twice as concentrated in Palm Bay-Melbourne-Titusville compared to the national average, suggesting high demand and a specialized regional market.

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

With a Cost of Living Index of 100, the local cost of living is on par with the national average. This means the $106,630 salary offers purchasing power equivalent to the national average.

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

There are approximately 1,200 Mechanical Engineers employed within the Palm Bay-Melbourne-Titusville metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,200 employees in the Palm Bay-Melbourne-Titusville, FL area with a job density of 4.97 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.