NAICS 51

Information in Palm Bay-Melbourne-Titusville, FL

Metro Market Score 42.0 (Moderate), ranked #129 of 294 metros. 385 establishments, 2,632 jobs.

Metro Market Assessment

Metro Market Score 42.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

ⓘ Lower is better. Relative to national information average.

💰High-Cost Market📈Rapid Growth

Palm Bay-Melbourne-Titusville ranks in the upper half for information market conditions, driven by above-average employment growth. With a market score of 42.0, conditions are relatively favorable compared to most metros.

Industry Concentration
66.0
LQ: 0.58
Rank #194 of 294 metros
Wage Competitiveness
81.0
$107,328 avg wage
Growth Trend
↑ 96.3
Employment growth index
Rank #12 of 294 metros
Wage Pressure
20.7
YoY wage change index

385 Information Firms in Palm Bay-Melbourne-Titusville

385
Establishments
+2.7% YoY
2,632
Total Employment
+11.5% YoY
$107,328
Average Annual Wage
+3.7% YoY
0.58
Location Quotient
Below national avg

Palm Bay-Melbourne-Titusville vs Florida Statewide

How this metro's information market compares to Florida overall. The state ranks #30/51 for entry risk.

Measure Palm Bay-Melbourne-Titusville FL Statewide
Overall Score 42.0 Moderate 46.5 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #129 of 294 metros #30 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Palm Bay-Melbourne-Titusville

Healthcare and Social Assistance 38.4 Real Estate and Rental and Leasing 38.7 Finance and Insurance 41.4 Retail Trade 47.7 Other Services 48.6 Professional, Scientific, and Technical Services 54.1 Accommodation and Food Services 57.6 Construction 64.4 Administrative and Support Services 75.0

Information in Other Florida Metros

Punta Gorda 22.9 #30/294 Wildwood-The Villages 27.7 #51/294 Lakeland-Winter Haven 28.8 #55/294 Ocala 30.8 #63/294 Naples-Marco Island 34.5 #80/294 Sebring 39.6 #112/294 Pensacola-Ferry Pass-Brent 41.0 #122/294 Panama City-Panama City Beach 42.1 #130/294 Homosassa Springs 42.8 #134/294 Cape Coral-Fort Myers 42.9 #135/294

+ 10 more metros. View all in Florida →

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Palm Bay-Melbourne-Titusville's information sector, the wage competitiveness component (81.0) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.