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Average Chief Executives Salary in Indiana

Chief Executives in Indiana earn an impressive average annual salary of $290,710, surpassing the national average of $283,090. This elevated compensation reflects the strategic importance and high-level decision-making responsibilities inherent in these leadership roles, often influenced by the specific economic landscape and industry demands within the state.

Executive Summary

  • Average Salary: $290,710 per year.
  • Growth Trend: Salaries have shifted 74.7% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $436,065.
  • Outlook: With a local workforce of 2,200 Chief Executives and a Location Quotient of 0.5, the job market in Indiana indicates a moderate concentration of these roles relative to the national average. While not as densely populated as some other states, this suggests a stable demand for executive leadership within the existing business infrastructure.
2024 Market Data

Salary Overview

$290,710

The average Chief Executives in Indiana earns+2.7%above the national average.

BreakdownBased on 40h/week
Hourly

$139.8

Weekly

$5,591

Monthly

$24,226

Chief Executives Salary Distribution in Indiana

The salary spectrum for Chief Executives in Indiana significantly widens with experience. Entry-level positions might command lower figures, while seasoned executives with a proven track record of success can expect compensation well into the higher percentiles. These percentile gaps are crucial indicators of career progression and the increasing value placed on extensive leadership experience.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$90,000$43.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$218,033$104.8
ManagerOversees team, compliance, and project delivery.50% (Median)$205,780$98.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$363,388$174.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$436,065$209.6

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$290,710

Gross Pay

Real Wage (Purchasing Power)

$323,011

Adjusted for COL (90)

The average annual salary of $290,710 in Indiana presents a strong purchasing power, especially when considered against the local Cost of Living Index of 90. This means that the nominal salary translates to a higher real income compared to the national average, allowing executives to enjoy a better standard of living within the state.

Job Market Context

2,200

Total Jobs

0.69

Per 1K Jobs

0.5

Location Quotient

Below Average

Indiana has 0.50x 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 0.5 for Chief Executives in Indiana suggests that the concentration of these roles is half that of the national average. This indicates a less saturated market, potentially offering more opportunities for skilled executives to secure prominent positions without facing intense competition from a large pool of peers.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Indianapolis-Carmel-Greenwood, IN Chief Executives Salary$270,250↓ 7%8 mi
Bloomington, IN Chief Executives Salary$241,200↓ 17%49 mi
Lafayette-West Lafayette, IN Chief Executives Salary$252,550↓ 13%50 mi

Comparing salaries near Indiana

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Frequently Asked Questions

How much does a Chief Executives make in Indiana?

The median annual salary for a Chief Executives in Indiana is $290,710. This typically ranges from $90,000 for entry-level positions to $436,065 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Indiana is 2.7% higher than the national median of $283,090.

Is Indiana a lucrative place for Chief Executives?

Yes, Indiana offers a lucrative environment for Chief Executives.Chief Executives in Indiana earn above the national average salary, and the lower cost of living further enhances their financial well-being.

Is Indiana a good place to live for Chief Executives?

With a Cost of Living Index of 90 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Indiana?

Some top paying nearby cities include Indianapolis-Carmel-Greenwood, IN ($270,250) and Bloomington, IN.

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

Chief Executives in Indiana earn an average of $290,710 annually, which is higher than the national average of $283,090.

What is the job market like for Chief Executives in Indiana?

Indiana has a moderate concentration of Chief Executive roles, with 2,200 individuals in the workforce and a Location Quotient of 0.5, suggesting stable demand.

How does the cost of living in Indiana affect executive salaries?

With a Cost of Living Index of 90, Indiana's lower cost of living means the $290,710 average salary provides greater purchasing power than the national average.

What does the Location Quotient of 0.5 signify for Chief Executives in Indiana?

A Location Quotient of 0.5 indicates that Chief Executive roles are less concentrated in Indiana compared to the national average, suggesting a potentially less competitive market.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,200 employees in the Indiana area with a job density of 0.69 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 Indiana