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Average Chief Executives Salary in Knoxville, TN

Chief Executives in Knoxville, TN, earn an average annual salary of $232,380. This figure is notably below the national average of $283,090, suggesting that while the role commands significant compensation, local economic factors and industry concentration may influence the pay scale compared to broader national trends.

Executive Summary

  • Average Salary: $232,380 per year.
  • Growth Trend: Salaries have shifted 26.8% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $348,570.
  • Outlook: The Knoxville job market for Chief Executives appears stable, with a total local workforce of 600 individuals in this role. The Location Quotient of 1.04 indicates a slight concentration of these positions compared to the national average, suggesting a steady, albeit not overwhelmingly high, demand for executive leadership within the region.
2024 Market Data

Salary Overview

$232,380

The average Chief Executives in Knoxville, TN earns-17.9%below the national average.

BreakdownBased on 40h/week
Hourly

$111.7

Weekly

$4,469

Monthly

$19,365

Chief Executives Salary Distribution in Knoxville, TN

The salary range for Chief Executives in Knoxville, TN, will naturally vary based on experience. Entry-level executive roles will command lower salaries, while seasoned leaders with extensive track records and proven success will occupy the higher percentiles. The gap between these salary brackets signifies the significant career progression and accumulated value associated with advancing in executive leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,680$28.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$174,285$83.8
ManagerOversees team, compliance, and project delivery.50% (Median)$188,480$90.6
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$290,475$139.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$348,570$167.6

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$232,380

Gross Pay

Real Wage (Purchasing Power)

$232,380

Adjusted for COL (100)

With an average annual salary of $232,380 and a Cost of Living Index of 100, Chief Executives in Knoxville, TN, find their nominal earnings directly align with the national average cost of living. This means that the purchasing power of their salary in Knoxville is comparable to what it would be in a typical U.S. city, offering a balanced financial environment.

Job Market Context

600

Total Jobs

1.423

Per 1K Jobs

1.04

Location Quotient

Above Average

With a location quotient of 1.04, Knoxville, TN has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.

The Location Quotient of 1.04 for Chief Executives in Knoxville, TN, signifies a job market that is slightly more concentrated than the national average. This suggests that while Knoxville has a comparable number of executive roles relative to its overall workforce, there's a marginal tendency for these positions to be present, indicating a healthy, competitive environment for executive talent.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Morristown, TN Chief Executives Salary$187,740↓ 19%40 mi
Cleveland, TN Chief Executives Salary$168,840↓ 27%75 mi
Asheville, NC Chief Executives Salary$297,020↑ 28%83 mi
Kingsport-Bristol, TN-VA Chief Executives Salary$272,780↑ 17%87 mi
Johnson City, TN Chief Executives Salary$199,010↓ 14%91 mi

Comparing salaries near Knoxville, TN

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Knoxville, TN?

The median annual salary for a Chief Executives in Knoxville, TN is $232,380. This typically ranges from $58,680 for entry-level positions to $348,570 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Knoxville, TN is 17.9% lower than the national median of $283,090.

Is Knoxville, TN a lucrative place for Chief Executives?

Yes, with caveats.The average salary of $232,380 is substantial, and with a national average cost of living, it offers good purchasing power. However, it is below the national average for this specific role.

Is Knoxville, TN a good place to live for Chief Executives?

The Cost of Living Index in Knoxville, TN is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Knoxville, TN?

Some top paying nearby cities include Morristown, TN ($187,740) and Cleveland, TN.

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

The average salary for Chief Executives in Knoxville, TN, is $232,380, which is lower than the national average of $283,090.

What is the concentration of Chief Executive jobs in Knoxville?

Knoxville has a Location Quotient of 1.04 for Chief Executives, indicating a slight concentration of these roles compared to the national average.

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

Knoxville's Cost of Living Index is 100, matching the national average. This means the $232,380 salary offers purchasing power equivalent to the national average.

What is the total number of Chief Executives in Knoxville?

There are approximately 600 Chief Executives employed in the Knoxville, TN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Knoxville, TN area with a job density of 1.423 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 Knoxville, TN