Average Chief Executives Salary in Charleston-North Charleston, SC
Chief Executives in Charleston-North Charleston, SC, earn an average annual salary of $226,000. This figure is notably below the national average of $283,090, suggesting that while the role is critical, local economic factors and industry concentration may influence compensation levels in this specific metropolitan area. The pay differential highlights the importance of understanding regional market dynamics for executive compensation.
Executive Summary
- Average Salary: $226,000 per year.
- Growth Trend: Salaries have shifted 6.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $339,000.
- Outlook: The Charleston-North Charleston area supports a local workforce of 490 Chief Executives, with a jobs-per-1,000-workers ratio of 1.272. The Location Quotient of 0.93 indicates a presence that is nearly on par with the national average, suggesting a stable, albeit not exceptionally concentrated, demand for executive leadership within the region's business landscape. This indicates a mature market where executive roles are present and valued, but not necessarily experiencing explosive growth.
Salary Overview
The average Chief Executives in Charleston-North Charleston, SC earns-20.2%below the national average.
$108.7
$4,346
$18,833
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Chief Executive roles across the nation, including in Charleston-North Charleston, have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing business complexity, and the ever-growing demand for skilled leadership to navigate competitive markets and drive organizational success.
Chief Executives Salary Distribution in Charleston-North Charleston, SC
The salary for a Chief Executive role is highly sensitive to experience, with significant increases expected from entry-level to senior positions. While exact figures vary, the substantial gap between lower and higher percentile earnings signifies a clear career progression path. Senior executives with extensive track records and proven leadership capabilities command the highest compensation, reflecting their strategic impact and responsibility within an organization.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $103,160 | $49.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $169,500 | $81.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $190,080 | $91.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $282,500 | $135.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $339,000 | $163 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$226,000
Gross Pay
Real Wage (Purchasing Power)
$226,000
Adjusted for COL (100)
With an average annual salary of $226,000 and a Cost of Living Index of 100, Chief Executives in Charleston-North Charleston find their nominal earnings align precisely with the national average cost of living. This means that the purchasing power of their salary in Charleston-North Charleston is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services in the area.
Job Market Context
490
Total Jobs
1.272
Per 1K Jobs
0.93
Location Quotient
Charleston-North Charleston, SC has 0.93x 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 0.93 for Chief Executives in Charleston-North Charleston suggests that the concentration of these roles is slightly below the national average. This indicates that while executive leadership positions are present and integral to the local economy, the market is not disproportionately saturated with these high-level roles compared to other regions. It implies a balanced job market where opportunities exist, but competition may be less intense than in areas with a significantly higher LQ.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Hilton Head Island-Bluffton-Port Royal, SC Chief Executives Salary | $197,340↓ 13% | 63 mi |
| Sumter, SC Chief Executives Salary | $168,950↓ 25% | 81 mi |
| Myrtle Beach-Conway-North Myrtle Beach, SC Chief Executives Salary | $197,230↓ 13% | 88 mi |
| Savannah, GA Chief Executives Salary | $285,050↑ 26% | 89 mi |
| Northwestern South Carolina nonmetropolitan area Chief Executives Salary | $197,750↓ 13% | 91 mi |
Comparing salaries near Charleston-North Charleston, SC
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Frequently Asked Questions
How much does a Chief Executives make in Charleston-North Charleston, SC?
The median annual salary for a Chief Executives in Charleston-North Charleston, SC is $226,000. This typically ranges from $103,160 for entry-level positions to $339,000 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston-North Charleston, SC is 20.2% lower than the national median of $283,090.
Is Charleston-North Charleston, SC a lucrative place for Chief Executives?
Moderately lucrative.Chief Executives in Charleston-North Charleston earn $226,000, which is below the national average, but their salary aligns with the national average cost of living, indicating stable purchasing power.
Is Charleston-North Charleston, SC a good place to live for Chief Executives?
The Cost of Living Index in Charleston-North Charleston, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston-North Charleston, SC?
Some top paying nearby cities include Hilton Head Island-Bluffton-Port Royal, SC ($197,340) and Sumter, SC.
How does the Charleston-North Charleston salary compare to the national average for Chief Executives?
The average annual salary for Chief Executives in Charleston-North Charleston is $226,000, which is lower than the national average of $283,090.
What is the Cost of Living in Charleston-North Charleston, SC?
The Cost of Living Index in Charleston-North Charleston is 100, which is exactly the national average, meaning the cost of goods and services is comparable to the rest of the country.
How concentrated are Chief Executive roles in Charleston-North Charleston?
The concentration of Chief Executive roles, measured by the Location Quotient, is 0.93, indicating a presence slightly below the national average.
What is the total number of Chief Executives in Charleston-North Charleston?
There are approximately 490 Chief Executives employed in the Charleston-North Charleston metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 490 employees in the Charleston-North Charleston, SC area with a job density of 1.272 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 Charleston-North Charleston, SC