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Average Chief Executives Salary in Huntington-Ashland, WV-KY-OH

Chief Executives in the Huntington-Ashland, WV-KY-OH region earn an average annual salary of $197,670. This figure is notably below the national average of $283,090, suggesting that regional economic factors and industry concentration play a significant role in compensation for top leadership roles within this specific metropolitan area.

Executive Summary

  • Average Salary: $197,670 per year.
  • Growth Trend: Salaries have shifted 33.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $296,505.
  • Outlook: With a total local workforce of 240 individuals in this role and a Location Quotient of 1.23, the Huntington-Ashland area demonstrates a slightly higher concentration of Chief Executive positions than the national average. This indicates a stable, albeit not exceptionally large, demand for executive leadership within the region's business landscape.
2024 Market Data

Salary Overview

$197,670

The average Chief Executives in Huntington-Ashland, WV-KY-OH earns-30.2%below the national average.

BreakdownBased on 40h/week
Hourly

$95

Weekly

$3,801

Monthly

$16,473

Chief Executives Salary Distribution in Huntington-Ashland, WV-KY-OH

The salary spectrum for Chief Executives typically shows significant variation based on experience. Entry-level executive roles might start at a lower percentile, while seasoned leaders with extensive track records command salaries in the higher percentiles. The gaps between these percentiles underscore the substantial career progression and earning potential associated with accumulating experience and demonstrating impactful leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$76,500$36.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$148,253$71.3
ManagerOversees team, compliance, and project delivery.50% (Median)$159,820$76.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$247,088$118.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$296,505$142.6

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$197,670

Gross Pay

Real Wage (Purchasing Power)

$197,670

Adjusted for COL (100)

The average annual salary of $197,670 for Chief Executives in Huntington-Ashland aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this executive salary is equivalent to the national average, offering a stable financial standing relative to the cost of goods and services in the area.

Job Market Context

240

Total Jobs

1.689

Per 1K Jobs

1.23

Location Quotient

Above Average

With a location quotient of 1.23, Huntington-Ashland, WV-KY-OH has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.

A Location Quotient of 1.23 signifies that Chief Executive roles are 23% more concentrated in the Huntington-Ashland region compared to the national average. This suggests a moderately competitive market where the demand for executive talent is slightly elevated, potentially offering more opportunities relative to the size of the national executive pool.

Nearby Job Markets

Nearby Cities for Chief Executives

Comparing salaries near Huntington-Ashland, WV-KY-OH

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Huntington-Ashland, WV-KY-OH?

The median annual salary for a Chief Executives in Huntington-Ashland, WV-KY-OH is $197,670. This typically ranges from $76,500 for entry-level positions to $296,505 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Huntington-Ashland, WV-KY-OH is 30.2% lower than the national median of $283,090.

Is Huntington-Ashland, WV-KY-OH a lucrative place for Chief Executives?

No, not compared to the national average.While the average salary of $197,670 is substantial, it falls significantly short of the national average of $283,090. However, the cost of living being at the national average means the salary's purchasing power is standard.

Is Huntington-Ashland, WV-KY-OH a good place to live for Chief Executives?

The Cost of Living Index in Huntington-Ashland, WV-KY-OH is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Huntington-Ashland, WV-KY-OH?

Some top paying nearby cities include Charleston, WV ($209,540) and Parkersburg-Vienna, WV.

How does the Huntington-Ashland Chief Executive salary compare to the national average?

The average annual salary for Chief Executives in Huntington-Ashland is $197,670, which is considerably lower than the national average of $283,090.

What is the concentration of Chief Executives in Huntington-Ashland?

The Location Quotient for Chief Executives in Huntington-Ashland is 1.23, indicating a slightly higher concentration of these roles compared to the national average.

How does the Cost of Living in Huntington-Ashland affect the Chief Executive salary?

With a Cost of Living Index of 100, the Huntington-Ashland region is at the national average. This means the $197,670 salary offers standard purchasing power locally.

What does the total local workforce number imply for Chief Executive roles?

A total local workforce of 240 Chief Executives suggests a defined, but not massive, market for executive leadership within the Huntington-Ashland area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 240 employees in the Huntington-Ashland, WV-KY-OH area with a job density of 1.689 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.