The annual salary statistics of veterinarians in Palm Bay-Melbourne-Titusville, Florida is shown in Table 1. The wage information of veterinarians 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 | $77,720 |
| 25th Percentile Wage | $95,080 |
| 50th Percentile Wage | $121,070 |
| 75th Percentile Wage | $135,220 |
| 90th Percentile Wage | $163,210 |
Table 1 shows the average annual salary for veterinarians 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 $163,210. The median (50th percentile) annual salary is $121,070. The average annual salary for the bottom 10 percent earners is $77,720.
The table and chart below show the trend of the median salary of veterinarians from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $121,070 | 16.21% | 33.78% |
| 2021 | $101,440 | -17.61% | - |
| 2020 | $119,300 | 5.71% | - |
| 2019 | $112,490 | -10.45% | - |
| 2018 | $124,240 | 0.68% | - |
| 2017 | $123,390 | 1.13% | - |
| 2016 | $122,000 | 13.11% | - |
| 2015 | $106,010 | 31.02% | - |
| 2014 | $73,130 | 7.96% | - |
| 2013 | $67,310 | -19.11% | - |
| 2012 | $80,170 | - | - |
From Table 3 we note that with a median annual salary of $121,070, Palm Bay-Melbourne-Titusville is the second highest paying city for veterinarians in state of Florida, following the highest paying city Palm Coast (median annual salary of $166,730). Compared with Palm Coast, the median annual salary of veterinarians in Palm Bay-Melbourne-Titusville is 27.4 percent (27.4%) lower.