Average Chief Executives Salary in Cincinnati, OH-KY-IN
Chief Executives in Cincinnati, OH-KY-IN earn an impressive average annual salary of $283,670, which is slightly above the national average of $283,090. This near-parity suggests that while the specific demands and economic landscape of the Cincinnati region may not drastically inflate executive compensation compared to the national benchmark, the overall value placed on top leadership roles remains consistent.
Executive Summary
- Average Salary: $283,670 per year.
- Growth Trend: Salaries have shifted 45.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $425,505.
- Outlook: The Cincinnati, OH-KY-IN metropolitan area supports a local workforce of 1,030 Chief Executives. With a Location Quotient of 0.69, the concentration of these roles is below the national average, indicating a less specialized market for top executives compared to other regions. However, the presence of nearly 1,000 such positions signifies a substantial number of opportunities within the area's corporate structure.
Salary Overview
The average Chief Executives in Cincinnati, OH-KY-IN earns+0.2%above the national average.
$136.4
$5,455
$23,639
Chief Executives Salary Trends (2020-2024)
While specific historical data for Chief Executive salary growth in Cincinnati is not provided, it is generally assumed that compensation for executive roles across the nation, including in major metropolitan areas like Cincinnati, has seen consistent growth over the past four years. This trend is typically driven by inflation, increasing corporate valuations, and the ever-growing complexity of business operations that demand highly skilled leadership.
Chief Executives Salary Distribution in Cincinnati, OH-KY-IN
The salary for a Chief Executive role naturally escalates with experience. Entry-level executive positions, while rare for this title, would command significantly less than the average, whereas seasoned leaders with a proven track record of success and extensive industry knowledge can expect to earn substantially more, potentially reaching into the top percentiles of the salary range. The wide gap between entry-level and senior compensation reflects the immense value placed on experience and strategic leadership.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $81,820 | $39.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $212,753 | $102.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $212,290 | $102.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $354,588 | $170.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $425,505 | $204.6 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$283,670
Gross Pay
Real Wage (Purchasing Power)
$283,670
Adjusted for COL (100)
The average annual salary of $283,670 in Cincinnati, OH-KY-IN aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an executive's salary in Cincinnati is equivalent to the national average, offering a stable financial environment where compensation directly reflects the typical cost of goods and services.
Job Market Context
1,030
Total Jobs
0.944
Per 1K Jobs
0.69
Location Quotient
Cincinnati, OH-KY-IN has 0.69x 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.
With a Location Quotient of 0.69, the Chief Executive job market in Cincinnati, OH-KY-IN is less concentrated than the national average. This suggests that while there are a significant number of these roles available, the market is not saturated, and competition might be less intense compared to regions with a higher LQ. It indicates a balanced market where demand exists without an overwhelming supply of specialized talent.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Dayton-Kettering-Beavercreek, OH Chief Executives Salary | $261,870↓ 8% | 50 mi |
| Muncie, IN Chief Executives Salary | $233,520↓ 18% | 89 mi |
Comparing salaries near Cincinnati, OH-KY-IN
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Cincinnati, OH-KY-IN?
The median annual salary for a Chief Executives in Cincinnati, OH-KY-IN is $283,670. This typically ranges from $81,820 for entry-level positions to $425,505 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Cincinnati, OH-KY-IN is 0.2% higher than the national median of $283,090.
Is Cincinnati, OH-KY-IN a lucrative place for Chief Executives?
Yes, it offers competitive compensation.The average salary of $283,670 is on par with the national average, and the cost of living is also at the national average, indicating strong purchasing power for executives.
Is Cincinnati, OH-KY-IN a good place to live for Chief Executives?
The Cost of Living Index in Cincinnati, OH-KY-IN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Cincinnati, OH-KY-IN?
Some top paying nearby cities include Dayton-Kettering-Beavercreek, OH ($261,870) and Muncie, IN.
How does Cincinnati's Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Cincinnati, OH-KY-IN is $283,670, which is slightly higher than the national average of $283,090.
What is the concentration of Chief Executives in Cincinnati compared to the rest of the US?
Cincinnati has a Location Quotient of 0.69 for Chief Executives, meaning the concentration of these roles is 31% lower than the national average.
How does the cost of living in Cincinnati affect the executive salary?
Cincinnati's Cost of Living Index is 100, which is the national average. This means the $283,670 salary provides purchasing power equivalent to the national average.
What does the number of Chief Executives in Cincinnati indicate about the job market?
With 1,030 Chief Executives locally, there is a notable presence of these high-level positions, suggesting a stable market for executive leadership within the region's corporate landscape.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,030 employees in the Cincinnati, OH-KY-IN area with a job density of 0.944 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 Cincinnati, OH-KY-IN