The annual salary statistics of financial managers in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage data of financial managers 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 | $51,050 |
| 25th Percentile Wage | $71,290 |
| 50th Percentile Wage | $102,470 |
| 75th Percentile Wage | $143,880 |
| 90th Percentile Wage | $199,910 |
Table 1 shows the average annual salary for financial managers in Palm Bay-Melbourne-Titusville, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $199,910. The median (50th percentile) annual salary is $102,470. The average annual salary for the bottom 10 percent earners is $51,050.
The table and chart below show the trend of the median salary of financial managers from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $102,470 | 5.79% | -9.58% |
| 2018 | $96,540 | -18.51% | - |
| 2017 | $114,410 | -3.99% | - |
| 2016 | $118,980 | 3.77% | - |
| 2015 | $114,500 | 0.22% | - |
| 2014 | $114,250 | -4.36% | - |
| 2013 | $119,230 | 5.82% | - |
| 2012 | $112,290 | - | - |
From Table 3 we note that the median annual salary of $102,470 in Palm Bay-Melbourne-Titusville is in the middle of salary range for financial managers in state of Florida. In comparison, the annual salary of financial managers in Palm Bay-Melbourne-Titusville is 26.2 percent (26.2%) lower than that in the highest paying Miami-Miami Beach-Kendall and 30.1 percent (30.1%) higher than that in the lowest paying The Villages.