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Average Chief Executives Salary in Arizona

Chief Executives in Arizona earn an average annual salary of $213,280, which is notably below the national average of $283,090. This disparity can be attributed to a variety of factors, including the specific economic landscape, industry concentration, and the overall demand for executive leadership within the state.

Executive Summary

  • Average Salary: $213,280 per year.
  • Growth Trend: Salaries have shifted 19.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $319,920.
  • Outlook: With a local workforce of 3,100 Chief Executives, Arizona presents a moderately sized market for these high-level positions. The Location Quotient of 0.71 suggests that the concentration of Chief Executives in Arizona is slightly below the national average, indicating a less saturated but potentially growing demand for executive talent.
2024 Market Data

Salary Overview

$213,280

The average Chief Executives in Arizona earns-24.7%below the national average.

BreakdownBased on 40h/week
Hourly

$102.5

Weekly

$4,102

Monthly

$17,773

Chief Executives Salary Distribution in Arizona

The salary trajectory for Chief Executives significantly scales with experience. Entry-level executive roles will command lower compensation, while seasoned leaders with extensive track records and proven success can expect to earn substantially more, often reaching into the top percentiles of the salary range. The widening gap between entry-level and senior compensation reflects the increasing value and responsibility associated with advanced executive experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$75,540$36.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$159,960$76.9
ManagerOversees team, compliance, and project delivery.50% (Median)$150,590$72.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$266,600$128.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$319,920$153.8

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$213,280

Gross Pay

Real Wage (Purchasing Power)

$200,451

Adjusted for COL (106.4)

The average annual salary of $213,280 in Arizona, when considered against a Cost of Living Index of 106.4 (meaning it's 6.4% higher than the national average), suggests that the purchasing power of an executive salary is slightly diminished compared to national benchmarks. While the nominal salary is substantial, the higher cost of living requires careful financial planning to maintain a comparable lifestyle.

Job Market Context

3,100

Total Jobs

0.97

Per 1K Jobs

0.71

Location Quotient

Below Average

Arizona has 0.71x 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.

A Location Quotient of 0.71 indicates that Chief Executive roles are less concentrated in Arizona compared to the national average. This suggests that the job market for these positions may be less competitive, offering potential opportunities for skilled executives to find roles, though the overall volume of opportunities might be lower than in more concentrated areas.

Nearby Job Markets

Nearby Cities for Chief Executives

Comparing salaries near Arizona

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Frequently Asked Questions

How much does a Chief Executives make in Arizona?

The median annual salary for a Chief Executives in Arizona is $213,280. This typically ranges from $75,540 for entry-level positions to $319,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Arizona is 24.7% lower than the national median of $283,090.

Is Arizona a lucrative place for Chief Executives?

No, not as lucrative as the national average.While Chief Executives in Arizona earn a substantial $213,280 annually, this figure falls short of the national average. Furthermore, the cost of living is slightly above the national average, impacting overall financial advantage.

Is Arizona a good place to live for Chief Executives?

The Cost of Living Index in Arizona is 106.4. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Arizona?

Some top paying nearby cities include Phoenix-Mesa-Chandler, AZ ($227,990) and Prescott Valley-Prescott, AZ.

What is the total number of Chief Executives in Arizona?

There are approximately 3,100 Chief Executives employed within Arizona.

How does Arizona's Chief Executive job market compare to the national average in terms of concentration?

Arizona's concentration of Chief Executives, measured by its Location Quotient of 0.71, is below the national average, indicating fewer such roles relative to the overall workforce.

What is the cost of living in Arizona compared to the rest of the United States?

Arizona's Cost of Living Index is 106.4, meaning it is 6.4% more expensive to live in Arizona than the national average.

How many Chief Executive jobs are there per 1,000 workers in Arizona?

In Arizona, there are approximately 0.97 Chief Executive jobs for every 1,000 workers in the general workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,100 employees in the Arizona area with a job density of 0.97 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.