Average Chief Executives Salary in Hawaii
Chief Executives in Hawaii earn an average annual salary of $280,020, slightly below the national average of $283,090. This nominal difference, however, must be viewed within the context of Hawaii's unique economic landscape and operational costs, which often necessitate competitive compensation to attract and retain top-tier executive talent.
Executive Summary
- Average Salary: $280,020 per year.
- Growth Trend: Salaries have shifted 29.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $420,030.
- Outlook: With a local workforce of 570 Chief Executives, Hawaii presents a niche but established market for these high-level positions. The Location Quotient of 0.67 indicates a slightly lower concentration compared to the national average, suggesting that while the demand exists, it is not as saturated as in other regions, potentially offering stable opportunities for experienced professionals.
Salary Overview
The average Chief Executives in Hawaii earns-1.1%below the national average.
$134.6
$5,385
$23,335
Chief Executives Salary Trends (2020-2024)
While specific historical data for Hawaii's Chief Executive salaries over the past four years is not provided, it is generally assumed that compensation for such senior roles has seen a consistent upward trend, mirroring national patterns. Economic growth, inflation, and increasing demands on executive leadership likely contribute to a steady appreciation in average earnings for these pivotal positions.
Chief Executives Salary Distribution in Hawaii
The salary trajectory for Chief Executives in Hawaii, as in most markets, is significantly influenced by experience. Entry-level executive roles typically command lower compensation, while seasoned professionals with extensive track records and proven leadership capabilities can expect to earn substantially more. The wide percentile gaps in salary distribution highlight the significant career progression and earning potential available as executives advance through their careers.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $119,030 | $57.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $210,015 | $101 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $231,500 | $111.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $350,025 | $168.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $420,030 | $201.9 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$280,020
Gross Pay
Real Wage (Purchasing Power)
$150,387
Adjusted for COL (186.2)
A nominal salary of $280,020 in Hawaii requires careful consideration against the state's Cost of Living Index of 186.2. This index, significantly higher than the national average of 100, means that the purchasing power of an executive's salary is considerably diminished. While the absolute salary figure appears high, the actual standard of living it affords is impacted by the elevated costs of goods, services, and housing.
Job Market Context
570
Total Jobs
0.922
Per 1K Jobs
0.67
Location Quotient
Hawaii has 0.67x 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.
The Location Quotient of 0.67 for Chief Executives in Hawaii suggests a market that is less concentrated than the national average. This indicates that while there are dedicated roles for executives, the density of these positions relative to the overall workforce is lower. This could imply a more specialized demand or fewer opportunities compared to states with higher LQs, making each role potentially more critical within its organizational context.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Urban Honolulu, HI Chief Executives Salary | $293,370↑ 5% | 37 mi |
| Kahului-Wailuku, HI Chief Executives Salary | $219,180↓ 22% | 69 mi |
Comparing salaries near Hawaii
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Frequently Asked Questions
How much does a Chief Executives make in Hawaii?
The median annual salary for a Chief Executives in Hawaii is $280,020. This typically ranges from $119,030 for entry-level positions to $420,030 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hawaii is 1.1% lower than the national median of $283,090.
Is Hawaii a lucrative place for Chief Executives?
Yes, but with significant cost of living considerations.Hawaii offers a high average salary for Chief Executives, but the substantial cost of living index means the real value of this compensation is reduced compared to national averages.
Is Hawaii a good place to live for Chief Executives?
The Cost of Living Index in Hawaii is 186.2. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hawaii?
Some top paying nearby cities include Urban Honolulu, HI ($293,370) and Kahului-Wailuku, HI.
How does Hawaii's Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Hawaii is $280,020, which is slightly lower than the national average of $283,090.
What is the concentration of Chief Executives in Hawaii?
Hawaii has a Location Quotient of 0.67 for Chief Executives, indicating a lower concentration of these roles compared to the national average.
How many Chief Executives are there in Hawaii?
There are approximately 570 Chief Executives employed within Hawaii, representing 0.922 jobs per 1,000 workers.
How does the cost of living affect executive salaries in Hawaii?
Hawaii's Cost of Living Index is 186.2, significantly higher than the national average. This means that the $280,020 salary has less purchasing power locally than a similar salary would in a lower-cost-of-living area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 570 employees in the Hawaii area with a job density of 0.922 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 Hawaii