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 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

Within Florida

#8 of 21

information metros in state

Florida state rank

#30 of 51

for information entry risk

vs State Median

-0.9

better than median (42.9)

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 →

Information Metros With Similar Conditions

Metros within 5 points of Palm Bay-Melbourne-Titusville's 42.0 score. Useful when comparing markets with comparable entry profiles.

Elizabethtown, KY 42.0 #128/294 Panama City-Panama City Beach, FL 42.1 #130/294 Grand Junction, CO 41.9 #127/294 Staunton-Stuarts Draft, VA 42.2 #131/294 Scranton--Wilkes-Barre, PA 41.8 #126/294 South Bend-Mishawaka, IN 41.5 #125/294 Hanford-Corcoran, CA 42.6 #132/294 Salem, OR 42.6 #133/294 Redding, CA 41.3 #124/294 Homosassa Springs, FL 42.8 #134/294

Information in States Bordering Florida

State-level entry risk for information in adjacent states. Use this to weigh cross-border options.

Alabama 32.1 #5/51 Georgia 48.9 #39/51

Browse Information in Other States

State-level entry risk reports for information across all 51 markets, sorted by rank.

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

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Palm Bay-Melbourne-Titusville, FL MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment