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Average Chief Executives Salary in Des Moines-West Des Moines, IA

Chief Executives in the Des Moines-West Des Moines, IA area earn an average annual salary of $233,580. This figure is notably below the national average of $283,090, suggesting that while the role is compensated well, local market dynamics and industry concentrations may influence compensation levels compared to broader national trends.

Executive Summary

  • Average Salary: $233,580 per year.
  • Growth Trend: Salaries have shifted 7.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $350,370.
  • Outlook: The Des Moines-West Des Moines metropolitan area supports a local workforce of 1,080 Chief Executives. With a Location Quotient of 1.95, this indicates a significant concentration of these roles compared to the national average, suggesting a robust and potentially growing demand for executive leadership within the region's business ecosystem.
2024 Market Data

Salary Overview

$233,580

The average Chief Executives in Des Moines-West Des Moines, IA earns-17.5%below the national average.

BreakdownBased on 40h/week
Hourly

$112.3

Weekly

$4,492

Monthly

$19,465

Chief Executives Salary Distribution in Des Moines-West Des Moines, IA

Salaries for Chief Executives naturally scale with experience, with entry-level positions commanding lower compensation than seasoned executives. The significant percentile gaps observed in salary distributions typically signify the progression from junior executive roles to those with greater strategic responsibility and proven track records of success.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$76,490$36.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$175,185$84.2
ManagerOversees team, compliance, and project delivery.50% (Median)$213,620$102.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$291,975$140.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$350,370$168.4

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$233,580

Gross Pay

Real Wage (Purchasing Power)

$233,580

Adjusted for COL (100)

The nominal average annual salary of $233,580 in Des Moines-West Des Moines aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Chief Executive's salary in this region is equivalent to the national average, offering a stable financial environment for those considering relocation.

Job Market Context

1,080

Total Jobs

2.676

Per 1K Jobs

1.95

Location Quotient

Major Hub

Des Moines-West Des Moines, IA has 1.9x the national concentration of Chief Executives jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

A Location Quotient of 1.95 for Chief Executives in Des Moines-West Des Moines signifies that this occupation is more than twice as concentrated in this area compared to the national average. This suggests a highly competitive market with a strong presence of executive talent and potentially numerous opportunities for skilled leaders.

Nearby Job Markets

Nearby Cities for Chief Executives

Comparing salaries near Des Moines-West Des Moines, IA

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Des Moines-West Des Moines, IA?

The median annual salary for a Chief Executives in Des Moines-West Des Moines, IA is $233,580. This typically ranges from $76,490 for entry-level positions to $350,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Des Moines-West Des Moines, IA is 17.5% lower than the national median of $283,090.

Is Des Moines-West Des Moines, IA a lucrative place for Chief Executives?

Yes, with caveats.While the average salary of $233,580 is below the national average, the strong concentration of roles (LQ 1.95) and a cost of living at the national average indicate a stable and potentially opportunity-rich market for executives.

Is Des Moines-West Des Moines, IA a good place to live for Chief Executives?

The Cost of Living Index in Des Moines-West Des Moines, IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Des Moines-West Des Moines, IA?

Some top paying nearby cities include Ames, IA ($194,900) and Southeast Iowa nonmetropolitan area.

How does the number of Chief Executives in Des Moines compare nationally?

Des Moines-West Des Moines has 2.676 Chief Executive jobs per 1,000 workers, which is significantly higher than the national average, indicating a strong local presence of these high-level positions.

What is the significance of the Location Quotient for Chief Executives in Des Moines?

A Location Quotient of 1.95 means that Chief Executive roles are nearly twice as concentrated in Des Moines-West Des Moines compared to the national average, suggesting a higher demand or a more specialized industry base for these roles.

How does the cost of living in Des Moines affect the Chief Executive salary?

With a Cost of Living Index of 100, the national average, the $233,580 salary in Des Moines offers purchasing power equivalent to the national average, making it a financially stable location.

Are there many Chief Executive jobs in Des Moines?

Yes, the local workforce comprises 1,080 Chief Executives, and the concentration (LQ 1.95) indicates a significant presence relative to the national landscape.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,080 employees in the Des Moines-West Des Moines, IA area with a job density of 2.676 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.