The annual salary statistics of materials engineers in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage statistics of materials engineers in Palm Bay-Melbourne-Titusville is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $70,500 |
| 25th Percentile Wage | $79,910 |
| 50th Percentile Wage | $108,160 |
| 75th Percentile Wage | $131,000 |
| 90th Percentile Wage | $156,120 |
Table 1 shows the average annual salary for materials engineers 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 $156,120. The median (50th percentile) annual salary is $108,160. The average annual salary for the bottom 10 percent earners is $70,500.
The table and chart below show the trend of the median salary of materials engineers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $108,160 | 2.81% | 28.75% |
| 2021 | $105,120 | -0.73% | - |
| 2020 | $105,890 | 0.63% | - |
| 2019 | $105,220 | 5.56% | - |
| 2018 | $99,370 | 1.51% | - |
| 2017 | $97,870 | -0.96% | - |
| 2016 | $98,810 | 1.46% | - |
| 2015 | $97,370 | -1.85% | - |
| 2014 | $99,170 | 22.30% | - |
| 2012 | $77,060 | - | - |
From Table 3 we note that with a median annual salary of $108,160, Palm Bay-Melbourne-Titusville is the highest paying city for materials engineers in state of Florida, followed by Crestview-Fort Walton Beach-Destin (median annual salary $99,040). In comparison, the median annual salary of materials engineers in Palm Bay-Melbourne-Titusville is 8.4 percent (8.4%) higher than that in Crestview-Fort Walton Beach-Destin.