Palm Bay No. 1 for Tech Salaries
Palm Bay has been named No. 1 for tech salaries on a list of 100 US Cities according to a new study published by business.org, an online publication focused on small business issues. The study lists the tech salaries in the Palm Bay-Melbourne-Titusville metro area as $159,390 in 2017, that’s three times the average state salary of $50,560.
Economic development has become a major focus in Palm Bay, and throughout Brevard County, as demand has increased for highly-skilled workers to fill the high-wage jobs in the growing technology industry. Recognizing this trend, the City of Palm Bay established a dedicated Economic Development and External Affairs Division in 2015 to facilitate growth and advocate for the city’s growing pool of tech employers.
According to business.org, the cost of living in each metro was not factored into the research, but most of the top cities on the list are not cheap places to live. Cities like San Francisco (average tech salary of $113,078) and New York (average tech salary of $105,334) need to offer top pay to attract top talent, said business.org. Fortunately, Palm Bay is ranks among the top six most affordable cities in Florida according to livability.com.