Average Chief Executives Salary in Arkansas
Chief Executives in Arkansas earn an average annual salary of $177,460. This figure is notably lower than the national average of $283,090, reflecting regional economic factors and the specific demands of the Arkansas business landscape. The compensation reflects a balance between the state's economic output and the cost of doing business.
Executive Summary
- Average Salary: $177,460 per year.
- Growth Trend: Salaries have shifted 30.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $266,190.
- Outlook: With a local workforce of 2,270 Chief Executives, Arkansas demonstrates a significant presence in this high-level executive role. The Location Quotient of 1.28 indicates a concentration of these positions that is 28% higher than the national average, suggesting a robust demand and a specialized market for top-tier leadership within the state.
Salary Overview
The average Chief Executives in Arkansas earns-37.3%below the national average.
$85.3
$3,413
$14,788
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Chief Executive roles in Arkansas have seen consistent growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is likely driven by increasing business complexity, the need for strategic leadership, and the overall economic development within the state.
Chief Executives Salary Distribution in Arkansas
The salary range for Chief Executives in Arkansas can vary significantly based on experience. Entry-level positions might command lower figures, while seasoned executives with extensive track records and proven leadership skills can expect compensation at the higher end of the spectrum. The percentile gaps in salary distribution clearly signify the career progression and value placed on accumulated expertise and strategic impact.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,010 | $22.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $133,095 | $64 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $121,220 | $58.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $221,825 | $106.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $266,190 | $128 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$177,460
Gross Pay
Real Wage (Purchasing Power)
$196,523
Adjusted for COL (90.3)
The average annual salary of $177,460 for Chief Executives in Arkansas presents a strong purchasing power, especially when contrasted with the local Cost of Living Index of 90.3. This index is 9.7% lower than the national average, meaning that the nominal salary earned in Arkansas can translate into a higher real income and a better quality of life compared to more expensive regions.
Job Market Context
2,270
Total Jobs
1.762
Per 1K Jobs
1.28
Location Quotient
With a location quotient of 1.28, Arkansas has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.
A Location Quotient of 1.28 signifies that Chief Executive roles are more concentrated in Arkansas than the national average. This suggests a competitive yet specialized job market where experienced executives may find ample opportunities, but also face a pool of similarly qualified candidates. The higher concentration indicates a strong regional reliance on executive leadership for business operations and growth.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Little Rock-North Little Rock-Conway, AR Chief Executives Salary | $193,120↑ 9% | 17 mi |
| Hot Springs, AR Chief Executives Salary | $139,560↓ 21% | 51 mi |
Comparing salaries near Arkansas
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Frequently Asked Questions
How much does a Chief Executives make in Arkansas?
The median annual salary for a Chief Executives in Arkansas is $177,460. This typically ranges from $47,010 for entry-level positions to $266,190 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Arkansas is 37.3% lower than the national median of $283,090.
Is Arkansas a lucrative place for Chief Executives?
Yes, with a caveat.While the average salary is below the national benchmark, the lower cost of living enhances purchasing power. The higher concentration of these roles also suggests a healthy demand for executive talent within the state.
Is Arkansas a good place to live for Chief Executives?
With a Cost of Living Index of 90.3 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near Arkansas?
Some top paying nearby cities include Little Rock-North Little Rock-Conway, AR ($193,120) and Hot Springs, AR.
How does the Arkansas salary compare to the national average for Chief Executives?
The average annual salary for Chief Executives in Arkansas is $177,460, which is significantly lower than the national average of $283,090.
What is the concentration of Chief Executive jobs in Arkansas?
Arkansas has a Location Quotient of 1.28 for Chief Executives, indicating a concentration that is 28% higher than the national average.
How does the cost of living in Arkansas affect the Chief Executive salary?
With a Cost of Living Index of 90.3, Arkansas is more affordable than the national average. This means the $177,460 salary offers greater purchasing power locally.
How many Chief Executives are employed in Arkansas?
There are approximately 2,270 Chief Executives employed in Arkansas, representing 1.762 jobs per 1,000 workers in the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,270 employees in the Arkansas area with a job density of 1.762 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 Arkansas