The annual salary statistics of security and fire alarm systems installers in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage information of security and fire alarm systems installers 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 | $34,270 |
| 25th Percentile Wage | $38,560 |
| 50th Percentile Wage | $48,260 |
| 75th Percentile Wage | $59,010 |
| 90th Percentile Wage | $61,250 |
Table 1 shows the average annual salary for security and fire alarm systems installers 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 $61,250. The median (50th percentile) annual salary is $48,260. The average annual salary for the bottom 10 percent earners is $34,270.
The table and chart below show the trend of the median salary of security and fire alarm systems installers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $48,260 | 3.40% | 20.56% |
| 2021 | $46,620 | 15.72% | - |
| 2020 | $39,290 | 4.68% | - |
| 2019 | $37,450 | 3.74% | - |
| 2018 | $36,050 | -4.91% | - |
| 2017 | $37,820 | -0.32% | - |
| 2016 | $37,940 | -5.48% | - |
| 2015 | $40,020 | 9.52% | - |
| 2014 | $36,210 | -0.75% | - |
| 2013 | $36,480 | -5.10% | - |
| 2012 | $38,340 | - | - |
From Table 3 we note that with a median annual salary of $48,260, Palm Bay-Melbourne-Titusville is the second highest paying city for security and fire alarm systems installers in state of Florida, following the highest paying city North Port-Bradenton-Sarasota (median annual salary of $48,460). Compared with North Port-Bradenton-Sarasota, the median annual salary of security and fire alarm systems installers in Palm Bay-Melbourne-Titusville is .4 percent (.4%) lower.