The annual salary statistics of chief executives in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage data of chief executives in Palm Bay-Melbourne-Titusville is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,690 |
| 25th Percentile Wage | $73,200 |
| 50th Percentile Wage | $105,760 |
| 75th Percentile Wage | $180,110 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for chief executives in Palm Bay-Melbourne-Titusville, Florida in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $180,110. The median (50th percentile) annual salary is $105,760. The average annual salary for the bottom 10 percent earners is $31,690.
The table and chart below show the trend of the median salary of chief executives from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $105,760 | 8.85% | -31.95% |
| 2018 | $96,400 | -48.69% | - |
| 2017 | $143,340 | -26.84% | - |
| 2016 | $181,810 | 9.48% | - |
| 2015 | $164,580 | 24.81% | - |
| 2014 | $123,740 | -27.36% | - |
| 2013 | $157,590 | 11.45% | - |
| 2012 | $139,550 | - | - |
From Table 3 we note that the median annual salary of $105,760 in Palm Bay-Melbourne-Titusville is in the middle of salary range for chief executives in state of Florida. In comparison, the annual salary of chief executives in Palm Bay-Melbourne-Titusville is 48.1 percent (48.1%) lower than that in the highest paying Fort Lauderdale-Pompano Beach-Deerfield Beach and 15.8 percent (15.8%) higher than that in the lowest paying Crestview-Fort Walton Beach-Destin.