Average Chief Executives Salary in Davenport-Moline-Rock Island, IA-IL
Chief Executives in the Davenport-Moline-Rock Island, IA-IL area earn an average annual salary of $281,370. This figure is remarkably close to the national average of $283,090, indicating a stable and competitive market for top leadership roles. The specific economic drivers and industry concentration within this region likely contribute to maintaining this high compensation level for executive positions.
Executive Summary
- Average Salary: $281,370 per year.
- Growth Trend: Salaries have shifted 31.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $422,055.
- Outlook: With a total local workforce of 350 Chief Executives, the Davenport-Moline-Rock Island, IA-IL area demonstrates a notable presence in this high-level profession. The Location Quotient of 1.43 signifies that this role is more concentrated here than the national average, suggesting a robust demand and a potentially strong job market for experienced executives.
Salary Overview
The average Chief Executives in Davenport-Moline-Rock Island, IA-IL earns-0.6%below the national average.
$135.3
$5,411
$23,448
Chief Executives Salary Trends (2020-2024)
While specific historical data for this precise role and location is not provided, it is generally assumed that salaries for Chief Executive positions have experienced consistent growth over the past four years, mirroring broader economic trends and inflation. This upward trajectory is typical for senior leadership roles, reflecting increasing responsibilities and the strategic importance of these positions.
Chief Executives Salary Distribution in Davenport-Moline-Rock Island, IA-IL
Compensation for Chief Executives naturally escalates with experience and demonstrated leadership success. Entry-level executive roles, while rare, would command a lower salary, whereas seasoned leaders with a proven track record of driving growth and profitability can expect to earn significantly more. The widening gap between lower and higher salary percentiles clearly signifies substantial career progression and reward for accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $72,020 | $34.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $211,028 | $101.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $232,510 | $111.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $351,713 | $169.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $422,055 | $202.9 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$281,370
Gross Pay
Real Wage (Purchasing Power)
$281,370
Adjusted for COL (100)
The nominal average annual salary of $281,370 in Davenport-Moline-Rock Island, IA-IL aligns perfectly with the local Cost of Living Index of 100, which represents the national average. This means that the purchasing power of an executive's salary in this area is equivalent to the national standard, offering a balanced lifestyle without significant financial advantage or disadvantage compared to other regions.
Job Market Context
350
Total Jobs
1.958
Per 1K Jobs
1.43
Location Quotient
With a location quotient of 1.43, Davenport-Moline-Rock Island, IA-IL has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.
The Location Quotient of 1.43 for Chief Executives in Davenport-Moline-Rock Island, IA-IL indicates a higher concentration of these roles compared to the national average. This suggests that the job market here is relatively more abundant or specialized for executive talent, potentially offering more opportunities or a competitive landscape for securing top leadership positions.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Iowa City, IA Chief Executives Salary | $212,600↓ 24% | 48 mi |
| Cedar Rapids, IA Chief Executives Salary | $185,850↓ 34% | 62 mi |
| Dubuque, IA Chief Executives Salary | $207,830↓ 26% | 65 mi |
| Peoria, IL Chief Executives Salary | $283,290↑ 1% | 76 mi |
| Rockford, IL Chief Executives Salary | $264,850↓ 6% | 93 mi |
Comparing salaries near Davenport-Moline-Rock Island, IA-IL
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Frequently Asked Questions
How much does a Chief Executives make in Davenport-Moline-Rock Island, IA-IL?
The median annual salary for a Chief Executives in Davenport-Moline-Rock Island, IA-IL is $281,370. This typically ranges from $72,020 for entry-level positions to $422,055 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Davenport-Moline-Rock Island, IA-IL is 0.6% lower than the national median of $283,090.
Is Davenport-Moline-Rock Island, IA-IL a lucrative place for Chief Executives?
Yes, it is a competitive place for Chief Executives.The average salary of $281,370 is very close to the national average, and the higher concentration of these roles (LQ of 1.43) suggests a strong market.
Is Davenport-Moline-Rock Island, IA-IL a good place to live for Chief Executives?
The Cost of Living Index in Davenport-Moline-Rock Island, IA-IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Davenport-Moline-Rock Island, IA-IL?
Some top paying nearby cities include Iowa City, IA ($212,600) and Cedar Rapids, IA.
How does the Davenport-Moline-Rock Island, IA-IL salary compare to the national average?
The average salary for Chief Executives in Davenport-Moline-Rock Island, IA-IL is $281,370, which is only slightly below the national average of $283,090.
What is the job concentration for Chief Executives in this area?
The Location Quotient is 1.43, meaning Chief Executive roles are 43% more concentrated in Davenport-Moline-Rock Island, IA-IL than the national average.
How does the cost of living affect the salary?
With a Cost of Living Index of 100, the $281,370 salary has the same purchasing power as the national average, indicating a balanced economic environment.
What does the total local workforce number imply?
A workforce of 350 Chief Executives suggests a significant presence of these high-level positions within the Davenport-Moline-Rock Island, IA-IL area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 350 employees in the Davenport-Moline-Rock Island, IA-IL area with a job density of 1.958 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 Davenport-Moline-Rock Island, IA-IL