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Average Chief Executives Salary in Little Rock-North Little Rock-Conway, AR

Chief Executives in the Little Rock-North Little Rock-Conway, AR area earn an average annual salary of $193,120. This figure is notably below the national average of $283,090, suggesting that while the role is present, the compensation structure in this specific metropolitan area may differ due to regional economic factors and industry concentrations.

Executive Summary

  • Average Salary: $193,120 per year.
  • Growth Trend: Salaries have shifted 12.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $289,680.
  • Outlook: With a local workforce of 550 individuals in this role and a Location Quotient of 1.14, the Little Rock-North Little Rock-Conway, AR area shows a slightly higher concentration of Chief Executive positions than the national average. This indicates a stable, albeit not overwhelmingly robust, demand for executive leadership within the region's business landscape.
2024 Market Data

Salary Overview

$193,120

The average Chief Executives in Little Rock-North Little Rock-Conway, AR earns-31.8%below the national average.

BreakdownBased on 40h/week
Hourly

$92.9

Weekly

$3,714

Monthly

$16,093

Chief Executives Salary Distribution in Little Rock-North Little Rock-Conway, AR

The salary for a Chief Executive can vary significantly based on experience. Entry-level executive roles typically command lower salaries, while seasoned professionals with extensive track records and proven leadership capabilities can expect compensation at the higher end of the spectrum. The percentile gaps in salary distributions for this role often signify the progression from junior executive responsibilities to senior strategic leadership positions.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$58,540$28.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$144,840$69.6
ManagerOversees team, compliance, and project delivery.50% (Median)$136,890$65.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$241,400$116.1
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$289,680$139.3

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$193,120

Gross Pay

Real Wage (Purchasing Power)

$193,120

Adjusted for COL (100)

The average annual salary of $193,120 for Chief Executives in Little Rock-North Little Rock-Conway, AR aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of this salary within the local area is equivalent to the national average, offering a stable financial environment for executives.

Job Market Context

550

Total Jobs

1.57

Per 1K Jobs

1.14

Location Quotient

Above Average

With a location quotient of 1.14, Little Rock-North Little Rock-Conway, AR has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.

A Location Quotient of 1.14 suggests that Chief Executive roles are slightly more concentrated in the Little Rock-North Little Rock-Conway, AR area compared to the national average. This indicates a moderately competitive market where the demand for executive talent is present and perhaps slightly more pronounced than in areas with a lower quotient.

Nearby Job Markets

Nearby Cities for Chief Executives

Comparing salaries near Little Rock-North Little Rock-Conway, AR

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Little Rock-North Little Rock-Conway, AR?

The median annual salary for a Chief Executives in Little Rock-North Little Rock-Conway, AR is $193,120. This typically ranges from $58,540 for entry-level positions to $289,680 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Little Rock-North Little Rock-Conway, AR is 31.8% lower than the national median of $283,090.

Is Little Rock-North Little Rock-Conway, AR a lucrative place for Chief Executives?

Moderately. While the salary is below the national average, the cost of living is also at the national average.The average salary of $193,120 is lower than the national average, but the cost of living index of 100 indicates that your earnings will have average purchasing power locally.

Is Little Rock-North Little Rock-Conway, AR a good place to live for Chief Executives?

The Cost of Living Index in Little Rock-North Little Rock-Conway, AR is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Little Rock-North Little Rock-Conway, AR?

Some top paying nearby cities include South Arkansas nonmetropolitan area ($136,340) and North Arkansas nonmetropolitan area.

How does the Little Rock Chief Executive salary compare to the national average?

The average annual salary for Chief Executives in Little Rock-North Little Rock-Conway, AR is $193,120, which is lower than the national average of $283,090.

What is the concentration of Chief Executive jobs in Little Rock?

The Little Rock-North Little Rock-Conway, AR area has a Location Quotient of 1.14 for Chief Executives, indicating a slightly higher concentration of these roles compared to the national average.

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

With a Cost of Living Index of 100, the Little Rock area matches the national average, meaning the $193,120 salary offers average purchasing power locally.

What is the total number of Chief Executives in the Little Rock area?

There are approximately 550 Chief Executives employed within the Little Rock-North Little Rock-Conway, AR metropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 550 employees in the Little Rock-North Little Rock-Conway, AR area with a job density of 1.57 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.