The annual salary statistics of nurse practitioners in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage information of nurse practitioners 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 | $98,650 |
| 25th Percentile Wage | $102,170 |
| 50th Percentile Wage | $113,350 |
| 75th Percentile Wage | $129,840 |
| 90th Percentile Wage | $152,860 |
Table 1 shows the average annual salary for nurse practitioners 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 $152,860. The median (50th percentile) annual salary is $113,350. The average annual salary for the bottom 10 percent earners is $98,650.
The table and chart below show the trend of the median salary of nurse practitioners from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $113,350 | 10.74% | 24.86% |
| 2021 | $101,180 | 5.84% | - |
| 2020 | $95,270 | -5.55% | - |
| 2019 | $100,560 | -2.02% | - |
| 2018 | $102,590 | -11.65% | - |
| 2017 | $114,540 | 13.69% | - |
| 2016 | $98,860 | 4.02% | - |
| 2015 | $94,890 | 3.28% | - |
| 2014 | $91,780 | 8.44% | - |
| 2013 | $84,030 | -1.36% | - |
| 2012 | $85,170 | - | - |
From Table 3 we note that the median annual salary of $113,350 in Palm Bay-Melbourne-Titusville is in the middle of salary range for nurse practitioners in state of Florida. In comparison, the annual salary of nurse practitioners in Palm Bay-Melbourne-Titusville is 13.4 percent (13.4%) lower than that in the highest paying Port St Lucie and 17.6 percent (17.6%) higher than that in the lowest paying Northeast Florida nonmetropolitan area.