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Average Chief Executives Salary in Delaware

Chief Executives in Delaware earn an average annual salary of $233,680, which is below the national average of $283,090. This disparity can be attributed to a variety of factors, including the specific industry landscape within Delaware and the overall economic conditions that influence executive compensation in the state.

Executive Summary

  • Average Salary: $233,680 per year.
  • Growth Trend: Salaries have shifted 8.8% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $350,520.
  • Outlook: With a total local workforce of 440 Chief Executives and a Location Quotient of 0.68, Delaware exhibits a slightly below-average concentration of these high-level roles compared to the national landscape. This suggests a stable, albeit not hyper-concentrated, market for executive leadership, indicating consistent demand for experienced professionals within the state's business ecosystem.
2024 Market Data

Salary Overview

$233,680

The average Chief Executives in Delaware earns-17.5%below the national average.

BreakdownBased on 40h/week
Hourly

$112.4

Weekly

$4,494

Monthly

$19,473

Chief Executives Salary Distribution in Delaware

The salary trajectory for Chief Executives in Delaware, like elsewhere, significantly scales with experience. Entry-level executive positions will command lower compensation, while seasoned leaders with a proven track record of success and extensive industry knowledge can expect to earn substantially more. The percentile gaps in salary data clearly signify the career progression and increased earning potential as one ascends to more senior executive roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,700$31.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$175,260$84.3
ManagerOversees team, compliance, and project delivery.50% (Median)$190,460$91.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$292,100$140.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$350,520$168.5

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$233,680

Gross Pay

Real Wage (Purchasing Power)

$231,825

Adjusted for COL (100.8)

The average annual salary of $233,680 in Delaware aligns closely with the state's Cost of Living Index of 100.8. This means that the purchasing power of an executive's salary in Delaware is nearly equivalent to the national average, offering a stable financial environment for high earners without significant erosion of disposable income due to living expenses.

Job Market Context

440

Total Jobs

0.93

Per 1K Jobs

0.68

Location Quotient

Below Average

Delaware has 0.68x 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.

A Location Quotient of 0.68 indicates that Chief Executive roles are less concentrated in Delaware than the national average. This suggests that while opportunities exist, the market may be less saturated, potentially offering a competitive edge for highly qualified candidates seeking executive positions. It implies a need for specialized skills to fill these roles effectively within the state's corporate structure.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Chief Executives Salary$316,130↑ 35%47 mi
Atlantic City-Hammonton, NJ Chief Executives Salary$414,760↑ 77%56 mi
Baltimore-Columbia-Towson, MD Chief Executives Salary$300,250↑ 28%59 mi

Comparing salaries near Delaware

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Frequently Asked Questions

How much does a Chief Executives make in Delaware?

The median annual salary for a Chief Executives in Delaware is $233,680. This typically ranges from $65,700 for entry-level positions to $350,520 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Delaware is 17.5% lower than the national median of $283,090.

Is Delaware a lucrative place for Chief Executives?

No, not as lucrative as the national average.While Delaware offers a substantial average salary of $233,680 for Chief Executives, it falls short of the national average. However, the cost of living is nearly on par with the national average, making the salary's purchasing power relatively stable.

Is Delaware a good place to live for Chief Executives?

The Cost of Living Index in Delaware is 100.8. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Delaware?

Some top paying nearby cities include Philadelphia-Camden-Wilmington, PA-NJ-DE-MD ($316,130) and Atlantic City-Hammonton, NJ.

What is the average salary for a Chief Executive in Delaware?

The average annual salary for a Chief Executive in Delaware is $233,680.

How does Delaware's Chief Executive salary compare to the national average?

The average salary in Delaware ($233,680) is lower than the national average of $283,090 for Chief Executives.

What is the cost of living in Delaware compared to the national average?

Delaware's Cost of Living Index is 100.8, which is slightly above the national average of 100.

Is Delaware a concentrated market for Chief Executives?

No, Delaware's Location Quotient of 0.68 indicates a lower concentration of Chief Executive roles compared to the national average.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Delaware area with a job density of 0.93 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Chief Executives • Data source: BLS OEWS 2024 •Jobs in Delaware