Average Chief Executives Salary in Alabama
Chief Executives in Alabama earn an average annual salary of $207,190. This figure is notably below the national average of $283,090, reflecting a combination of factors unique to the state's economic landscape and industry concentration. The specific pay scales in Alabama are often influenced by the prevailing business environment and the demand for high-level executive talent within its key sectors.
Executive Summary
- Average Salary: $207,190 per year.
- Growth Trend: Salaries have shifted 18.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $310,785.
- Outlook: With a local workforce of 830 Chief Executives and a Location Quotient of 0.29, the job market for these roles in Alabama indicates a lower concentration compared to the national average. This suggests a less saturated market, potentially offering opportunities for skilled executives, though the overall demand, as indicated by jobs per 1,000 workers at 0.396, remains relatively modest.
Salary Overview
The average Chief Executives in Alabama earns-26.8%below the national average.
$99.6
$3,984
$17,266
Chief Executives Salary Trends (2020-2024)
While specific historical data for Alabama Chief Executives is not provided, it is generally assumed that salaries for executive positions nationwide have experienced steady growth over the past four years, driven by inflation, increased corporate profitability, and evolving market demands. This upward trend is likely reflected, to some extent, within Alabama's executive compensation landscape, albeit potentially at a different pace than national averages.
Chief Executives Salary Distribution in Alabama
Salary progression for Chief Executives is significantly tied to experience and demonstrated leadership. Entry-level executive roles will command lower salaries, while seasoned leaders with extensive track records in strategic management and proven success will secure positions at the higher end of the pay scale. The percentile gaps in compensation clearly signify the career progression and increasing value placed on experience and expertise at the senior executive level.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $104,950 | $50.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $155,393 | $74.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $164,400 | $79 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $258,988 | $124.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $310,785 | $149.4 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$207,190
Gross Pay
Real Wage (Purchasing Power)
$235,176
Adjusted for COL (88.1)
The nominal average salary of $207,190 in Alabama presents a strong purchasing power when considered against the state's Cost of Living Index of 88.1. This index is 11.9% lower than the national average, meaning that the Alabama salary can potentially afford a higher standard of living and greater disposable income compared to earning the national average salary in a more expensive region.
Job Market Context
830
Total Jobs
0.396
Per 1K Jobs
0.29
Location Quotient
At 0.29x, Alabama has a notably lower concentration of Chief Executives jobs than the national average. Opportunities in this area are relatively scarce for this profession.
The Location Quotient of 0.29 for Chief Executives in Alabama signifies that the state has a significantly lower concentration of these roles relative to the national average. This suggests that the market is not heavily saturated with executive talent, which could imply less intense competition for available positions, but also potentially a smaller overall number of opportunities compared to more concentrated regions.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Montgomery, AL Chief Executives Salary | $203,200↓ 2% | 44 mi |
| Birmingham, AL Chief Executives Salary | $248,740↑ 20% | 50 mi |
| Tuscaloosa, AL Chief Executives Salary | $218,920↑ 6% | 52 mi |
Comparing salaries near Alabama
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Alabama?
The median annual salary for a Chief Executives in Alabama is $207,190. This typically ranges from $104,950 for entry-level positions to $310,785 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Alabama is 26.8% lower than the national median of $283,090.
Is Alabama a lucrative place for Chief Executives?
No, not compared to the national average.While the average salary of $207,190 is substantial, it falls considerably short of the national average of $283,090. However, the lower cost of living in Alabama does enhance the purchasing power of this salary.
Is Alabama a good place to live for Chief Executives?
With a Cost of Living Index of 88.1 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Alabama?
Some top paying nearby cities include Montgomery, AL ($203,200) and Birmingham, AL.
What is the average salary for Chief Executives in Alabama?
The average annual salary for Chief Executives in Alabama is $207,190.
How does Alabama's Chief Executive salary compare to the national average?
The average salary in Alabama ($207,190) is lower than the national average of $283,090.
What is the cost of living in Alabama compared to the national average?
Alabama has a Cost of Living Index of 88.1, which is 11.9% lower than the national average of 100.
How concentrated are Chief Executive roles in Alabama?
Alabama has a lower concentration of Chief Executive roles, with a Location Quotient of 0.29, indicating fewer such positions relative to the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 830 employees in the Alabama area with a job density of 0.396 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Chief Executives • Data source: BLS OEWS 2024 •Jobs in Alabama