Average Chief Executives Salary in Chattanooga, TN-GA
Chief Executives in Chattanooga, TN-GA command an impressive average annual salary of $214,830. This figure, while below the national average of $283,090, reflects a localized economic landscape where executive compensation is influenced by regional industry strengths and the specific demands of businesses operating within the Chattanooga metropolitan area. The unique economic drivers of the region play a significant role in shaping these executive pay scales.
Executive Summary
- Average Salary: $214,830 per year.
- Growth Trend: Salaries have shifted 24.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $322,245.
- Outlook: The Chattanooga, TN-GA market for Chief Executives, while not as saturated as some larger metropolitan areas, shows a healthy concentration with a total local workforce of 400. The Location Quotient of 1.09 indicates a slightly higher presence of these roles compared to the national average, suggesting a stable and potentially growing demand for top executive talent within the region's business ecosystem.
Salary Overview
The average Chief Executives in Chattanooga, TN-GA earns-24.1%below the national average.
$103.3
$4,131
$17,903
Chief Executives Salary Trends (2020-2024)
While specific historical data for Chief Executive salary growth in Chattanooga is not provided, it is reasonable to assume a general upward trend over the past four years, mirroring national economic patterns. Factors such as inflation, increased business activity, and evolving market demands typically contribute to incremental salary increases for senior leadership roles, ensuring compensation remains competitive.
Chief Executives Salary Distribution in Chattanooga, TN-GA
For Chief Executives, experience is a paramount driver of compensation. Entry-level executive roles, often found in smaller organizations or as support functions, will command lower salaries. As professionals ascend through the ranks, accumulating years of experience, strategic leadership accomplishments, and proven track records, their earning potential significantly increases. The percentile gaps in salary data clearly signify this career progression, with senior executives earning substantially more than their less experienced counterparts.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $39,460 | $19 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $161,123 | $77.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $172,780 | $83.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $268,538 | $129.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $322,245 | $154.9 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$214,830
Gross Pay
Real Wage (Purchasing Power)
$214,830
Adjusted for COL (100)
The average annual salary of $214,830 for Chief Executives in Chattanooga, TN-GA aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of an executive's salary in Chattanooga is equivalent to the national average, offering a stable financial environment for relocation without immediate concerns about affordability relative to national standards.
Job Market Context
400
Total Jobs
1.502
Per 1K Jobs
1.09
Location Quotient
With a location quotient of 1.09, Chattanooga, TN-GA has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.
With a Location Quotient of 1.09, Chattanooga, TN-GA demonstrates a slightly above-average concentration of Chief Executive positions relative to the national landscape. This suggests a competitive yet accessible market for executive talent; while opportunities exist and are slightly more prevalent than the national norm, the market is not oversaturated, offering a balanced environment for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Cleveland, TN Chief Executives Salary | $168,840↓ 21% | 23 mi |
| Dalton, GA Chief Executives Salary | $365,920↑ 70% | 26 mi |
| Rome, GA Chief Executives Salary | $124,680↓ 42% | 55 mi |
| Huntsville, AL Chief Executives Salary | $217,650↑ 1% | 83 mi |
Comparing salaries near Chattanooga, TN-GA
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Chattanooga, TN-GA?
The median annual salary for a Chief Executives in Chattanooga, TN-GA is $214,830. This typically ranges from $39,460 for entry-level positions to $322,245 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Chattanooga, TN-GA is 24.1% lower than the national median of $283,090.
Is Chattanooga, TN-GA a lucrative place for Chief Executives?
Yes, with caveats.Chattanooga offers a competitive salary of $214,830 for Chief Executives, which holds strong purchasing power due to a cost of living at the national average. The slightly above-average concentration of these roles indicates a healthy market.
Is Chattanooga, TN-GA a good place to live for Chief Executives?
The Cost of Living Index in Chattanooga, TN-GA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Chattanooga, TN-GA?
Some top paying nearby cities include Cleveland, TN ($168,840) and Dalton, GA.
How does Chattanooga's Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Chattanooga, TN-GA is $214,830, which is lower than the national average of $283,090.
What is the Cost of Living in Chattanooga, TN-GA?
Chattanooga, TN-GA has a Cost of Living Index of 100, which is exactly at the national average.
How concentrated are Chief Executive jobs in Chattanooga?
Chattanooga has a Location Quotient of 1.09 for Chief Executives, indicating a slightly higher concentration of these roles compared to the national average.
How many Chief Executives are there in Chattanooga's workforce?
There are approximately 400 Chief Executives within the total local workforce in Chattanooga, TN-GA, representing 1.502 jobs per 1,000 workers.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 400 employees in the Chattanooga, TN-GA area with a job density of 1.502 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 Chattanooga, TN-GA