Average Chief Executives Salary in Ann Arbor, MI
Chief Executives in Ann Arbor, MI, command an impressive average annual salary of $301,860, surpassing the national average of $283,090. This elevated compensation reflects the strategic importance and high-stakes decision-making inherent in executive leadership roles within the local economic landscape.
Executive Summary
- Average Salary: $301,860 per year.
- Growth Trend: Salaries have shifted 29.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $452,790.
- Outlook: With a concentrated local workforce of 200 Chief Executives, Ann Arbor presents a specialized market. The Location Quotient of 0.68 suggests a slightly lower concentration compared to the national average, indicating that while opportunities exist, the demand may not be as saturated as in other regions, offering a potentially stable environment for established leaders.
Salary Overview
The average Chief Executives in Ann Arbor, MI earns+6.6%above the national average.
$145.1
$5,805
$25,155
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Chief Executive roles have experienced consistent growth over the past four years, driven by inflation, increasing business complexity, and the ongoing demand for skilled leadership. This upward trend likely benefits existing and prospective executives in Ann Arbor.
Chief Executives Salary Distribution in Ann Arbor, MI
The salary trajectory for Chief Executives significantly scales with experience. Entry-level positions, while rare at this executive level, would command substantially less than the average, whereas seasoned leaders with proven track records and extensive industry expertise can expect to earn well into the upper percentiles, often exceeding $400,000 annually. The wide range between the 10th and 90th percentiles highlights the substantial career progression and earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $101,940 | $49 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $226,395 | $108.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $301,870 | $145.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $377,325 | $181.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $452,790 | $217.7 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$301,860
Gross Pay
Real Wage (Purchasing Power)
$301,860
Adjusted for COL (100)
Ann Arbor's Cost of Living Index stands precisely at the national average of 100, meaning the nominal salary of $301,860 offers purchasing power equivalent to the national benchmark. This indicates that the higher executive salaries are well-aligned with the local cost of goods and services, providing a stable financial foundation for those in these high-ranking positions.
Job Market Context
200
Total Jobs
0.933
Per 1K Jobs
0.68
Location Quotient
Ann Arbor, MI has 0.68x the national average concentration of Chief Executives jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
The Location Quotient of 0.68 for Chief Executives in Ann Arbor signifies a market that is less concentrated than the national average. This suggests that while the role is present and valued, the absolute number of these positions relative to the overall workforce is lower than the typical U.S. city, potentially indicating a more niche or specialized demand for executive talent.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Monroe, MI Chief Executives Salary | $272,140↓ 10% | 31 mi |
| Jackson, MI Chief Executives Salary | $252,270↓ 16% | 34 mi |
| Detroit-Warren-Dearborn, MI Chief Executives Salary | $324,910↑ 8% | 35 mi |
| Toledo, OH Chief Executives Salary | $249,310↓ 17% | 43 mi |
| Flint, MI Chief Executives Salary | $242,190↓ 20% | 52 mi |
Comparing salaries near Ann Arbor, MI
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Ann Arbor, MI?
The median annual salary for a Chief Executives in Ann Arbor, MI is $301,860. This typically ranges from $101,940 for entry-level positions to $452,790 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Ann Arbor, MI is 6.6% higher than the national median of $283,090.
Is Ann Arbor, MI a lucrative place for Chief Executives?
Yes, Ann Arbor, MI is a lucrative place for Chief Executives.The average salary of $301,860 significantly exceeds the national average, and the cost of living is on par with the national average, indicating strong real earning potential.
Is Ann Arbor, MI a good place to live for Chief Executives?
The Cost of Living Index in Ann Arbor, MI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Ann Arbor, MI?
Some top paying nearby cities include Monroe, MI ($272,140) and Jackson, MI.
How does Ann Arbor's Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Ann Arbor, MI is $301,860, which is higher than the national average of $283,090.
What is the concentration of Chief Executives in Ann Arbor compared to the rest of the US?
Ann Arbor has a Location Quotient of 0.68 for Chief Executives, meaning the concentration of these roles is 32% lower than the national average.
Does the cost of living in Ann Arbor affect the value of the Chief Executive salary?
No, the cost of living in Ann Arbor is exactly at the national average (100), so the nominal salary of $301,860 translates directly to national average purchasing power.
How many Chief Executives are there in Ann Arbor?
There are approximately 200 Chief Executives working in Ann Arbor, MI, representing 0.933 jobs per 1,000 workers in the local economy.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 200 employees in the Ann Arbor, MI area with a job density of 0.933 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 Ann Arbor, MI