In 2004, this part of Florida boasted an average personal income of $30,142. According to the U.S. Department of Commerce's Bureau of Economic Analysis, the average Melbourne-Titusville-Palm Bay, FL resident earns 91% of the national average. Average income in this area has grown 8.4% from 2003 to 2004, which constitutes a 12% increase compared to the national average.
The Melbourne-Titusville-Palm Bay, FL area is known for its high tech industries. Companies such as Intersil, Harris Corporation, General Electric, Rockwell Collins, and Northrop Grumman have been catalysts for growth and development in the region. Both Florida Tech University Online and Brevard Community College stand ready to offer professionals serious career advancement.
The U.S. Bureau of Labor Statistics reports the following occupations with exceptional opportunity in Melbourne-Titusville-Palm Bay, FL:
- Healthcare practitioners and technicians
- Management professionals
- Business and financial operations
- Computer and mathematical professionals
- Architecture and engineering
These industries offer fewer employment opportunities for professionals in the area:
- Life, physical, and social sciences
- Community and social service
- Legal professionals
- Education and training
- Art, design, and entertainment
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