The annual salary statistics of registered nurses in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage statistics of registered nurses 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 | $51,850 |
| 25th Percentile Wage | $61,740 |
| 50th Percentile Wage | $75,940 |
| 75th Percentile Wage | $79,040 |
| 90th Percentile Wage | $94,680 |
Table 1 shows the average annual salary for registered nurses 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 $94,680. The median (50th percentile) annual salary is $75,940. The average annual salary for the bottom 10 percent earners is $51,850.
The table and chart below show the trend of the median salary of registered nurses from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $75,940 | 2.48% | 22.57% |
| 2021 | $74,060 | 9.68% | - |
| 2020 | $66,890 | -0.03% | - |
| 2019 | $66,910 | 0.76% | - |
| 2018 | $66,400 | 2.47% | - |
| 2017 | $64,760 | 3.06% | - |
| 2016 | $62,780 | 1.72% | - |
| 2015 | $61,700 | 0.84% | - |
| 2014 | $61,180 | 3.84% | - |
| 2013 | $58,830 | 0.05% | - |
| 2012 | $58,800 | - | - |
From Table 3 we note that the median annual salary of $75,940 in Palm Bay-Melbourne-Titusville is in the middle of salary range for registered nurses in state of Florida. In comparison, the annual salary of registered nurses in Palm Bay-Melbourne-Titusville is 5.9 percent (5.9%) lower than that in the highest paying North Port-Bradenton-Sarasota and 23.7 percent (23.7%) higher than that in the lowest paying Northwest Florida nonmetropolitan area.