Average Chief Executives Salary in Balance of Nevada nonmetropolitan area
Chief Executives in the Balance of Nevada nonmetropolitan area earn an average annual salary of $138,430. This figure is notably lower than the national average of $283,090, reflecting the unique economic landscape and demand dynamics present in non-metropolitan regions. Factors such as industry concentration, local economic output, and the availability of specialized talent often dictate these regional pay scales.
Executive Summary
- Average Salary: $138,430 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $207,645.
- Outlook: The job market for Chief Executives in the Balance of Nevada nonmetropolitan area, with a total local workforce of 250, indicates a specialized niche. The Location Quotient of 2.03 suggests a concentration of these roles significantly higher than the national average, implying a robust demand relative to the available workforce in this specific region.
Salary Overview
The average Chief Executives in Balance of Nevada nonmetropolitan area earns-51.1%below the national average.
$66.6
$2,662
$11,536
Chief Executives Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it is generally assumed that executive compensation, including that of Chief Executives, has seen steady growth over the past four years, mirroring broader economic trends and inflation adjustments. This upward trajectory is typical as companies strive to retain top leadership talent amidst evolving market conditions.
Chief Executives Salary Distribution in Balance of Nevada nonmetropolitan area
For Chief Executives, salary progression is strongly tied to experience. Entry-level positions typically command lower salaries, while senior executives with extensive track records and proven leadership capabilities can expect compensation significantly above the average. The percentile gaps in salary distribution for this role often signify substantial career growth and the increasing value placed on seasoned leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $31,930 | $15.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $103,823 | $49.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $103,780 | $49.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $173,038 | $83.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $207,645 | $99.8 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$138,430
Gross Pay
Real Wage (Purchasing Power)
$138,430
Adjusted for COL (100)
The average annual salary of $138,430 in the Balance of Nevada nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that while the nominal salary is lower than the national average, the purchasing power of this income is equivalent to the national standard, making it a financially stable, albeit not exceptionally high-earning, location.
Job Market Context
250
Total Jobs
2.791
Per 1K Jobs
2.03
Location Quotient
Balance of Nevada nonmetropolitan area has 2.0x the national concentration of Chief Executives jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
With a Location Quotient of 2.03, the Balance of Nevada nonmetropolitan area exhibits a strong concentration of Chief Executive roles compared to the national average. This suggests that while the absolute number of jobs may be modest, the demand for these high-level positions is more than double the national rate, indicating a relatively competitive but potentially opportunity-rich market for experienced executives.
Nearby Job Markets
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Frequently Asked Questions
How much does a Chief Executives make in Balance of Nevada nonmetropolitan area?
The median annual salary for a Chief Executives in Balance of Nevada nonmetropolitan area is $138,430. This typically ranges from $31,930 for entry-level positions to $207,645 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Balance of Nevada nonmetropolitan area is 51.1% lower than the national median of $283,090.
Is Balance of Nevada nonmetropolitan area a lucrative place for Chief Executives?
No, it is not exceptionally lucrative compared to national averages.While the average salary of $138,430 is substantial, it is significantly lower than the national average of $283,090. However, the cost of living is at the national average, meaning purchasing power is maintained.
Is Balance of Nevada nonmetropolitan area a good place to live for Chief Executives?
The Cost of Living Index in Balance of Nevada nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
How does the local workforce size affect Chief Executive opportunities?
A local workforce of 250 for Chief Executives suggests a specialized market. While the total number of roles might be limited, the high Location Quotient indicates these positions are relatively more common in this area than nationally.
What does a Location Quotient of 2.03 mean for Chief Executives in this area?
A Location Quotient of 2.03 signifies that Chief Executive roles are more than twice as concentrated in the Balance of Nevada nonmetropolitan area compared to the national average. This points to a higher relative demand for these positions.
How does the cost of living impact the $138,430 salary?
With a Cost of Living Index of 100, the $138,430 salary offers purchasing power equivalent to the national average. This means the salary's real value is stable relative to national standards, despite being lower in nominal terms.
Are there many Chief Executive jobs in the Balance of Nevada nonmetropolitan area?
While the total workforce is 250, the concentration (Location Quotient) is high, suggesting that for the size of the area, there's a significant presence of Chief Executive roles relative to the national landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 250 employees in the Balance of Nevada nonmetropolitan area area with a job density of 2.791 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 Balance of Nevada nonmetropolitan area