Average Chief Executives Salary in Madison, WI
Chief Executives in Madison, WI, command an impressive average annual salary of $279,750. This figure is remarkably close to the national average of $283,090, indicating a stable and competitive market for top leadership roles. The pay in Madison is largely influenced by the city's robust economic environment and its strategic importance within Wisconsin's business landscape.
Executive Summary
- Average Salary: $279,750 per year.
- Growth Trend: Salaries have shifted 35.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $419,625.
- Outlook: With a total local workforce of 560 Chief Executives, Madison, WI, presents a moderately sized yet significant market for these high-level positions. The Location Quotient of 1.0 suggests that the concentration of Chief Executives in Madison is precisely in line with the national average, indicating a balanced demand and supply dynamic. The rate of 1.378 jobs per 1,000 workers further underscores a steady presence of these critical roles within the local economy.
Salary Overview
The average Chief Executives in Madison, WI earns-1.2%below the national average.
$134.5
$5,380
$23,313
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is generally observed that executive compensation, including that of Chief Executives, tends to experience consistent growth over four-year periods. This trend is typically driven by inflation, increasing company valuations, and the evolving complexities of corporate governance and strategy, suggesting that salaries for these roles in Madison have likely seen upward movement.
Chief Executives Salary Distribution in Madison, WI
The salary trajectory for Chief Executives in Madison, WI, escalates significantly with experience. Entry-level positions, while less common at this executive level, would command a lower base, whereas seasoned professionals with a proven track record can expect compensation well into the higher percentiles. The substantial gaps between salary percentiles clearly signify the extensive career progression and reward for accumulated expertise and leadership success.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $104,840 | $50.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $209,813 | $100.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $228,960 | $110.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $349,688 | $168.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $419,625 | $201.7 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$279,750
Gross Pay
Real Wage (Purchasing Power)
$279,750
Adjusted for COL (100)
The nominal average annual salary of $279,750 in Madison, WI, is perfectly aligned with the local Cost of Living Index of 100, which mirrors the national average. This means that the purchasing power of a Chief Executive's salary in Madison is equivalent to that of someone earning the national average in a typical U.S. location, offering a stable financial standing for residents.
Job Market Context
560
Total Jobs
1.378
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Madison, WI has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.
A Location Quotient of 1.0 for Chief Executives in Madison, WI, indicates that the proportion of these executives in the local workforce is exactly the same as the national average. This suggests a market that is neither over-saturated nor significantly lacking in this specific executive talent, implying a healthy and competitive environment where opportunities are present but require strong qualifications.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Chief Executives Salary | $339,560↑ 21% | 33 mi |
| Rockford, IL Chief Executives Salary | $264,850↓ 5% | 59 mi |
| Fond du Lac, WI Chief Executives Salary | $260,640↓ 7% | 68 mi |
| Milwaukee-Waukesha, WI Chief Executives Salary | $325,320↑ 16% | 72 mi |
Comparing salaries near Madison, WI
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Madison, WI?
The median annual salary for a Chief Executives in Madison, WI is $279,750. This typically ranges from $104,840 for entry-level positions to $419,625 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Madison, WI is 1.2% lower than the national median of $283,090.
Is Madison, WI a lucrative place for Chief Executives?
Yes, Madison, WI offers a lucrative environment for Chief Executives.The average salary of $279,750 is nearly on par with the national average, and the cost of living is also at the national average, indicating strong purchasing power for these executives.
Is Madison, WI a good place to live for Chief Executives?
The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Madison, WI?
Some top paying nearby cities include Janesville-Beloit, WI ($339,560) and Rockford, IL.
How does Madison's Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Madison, WI, is $279,750, which is very close to the national average of $283,090, indicating a highly competitive local market.
What is the concentration of Chief Executives in Madison, WI?
The Location Quotient for Chief Executives in Madison, WI, is 1.0, meaning the concentration of these roles in the local workforce is exactly the same as the national average.
How does the cost of living in Madison affect a Chief Executive's salary?
Madison's Cost of Living Index is 100, matching the national average. This means the $279,750 salary has the same purchasing power as the national average salary in a typical U.S. city.
What does the workforce size suggest about Chief Executive opportunities in Madison?
With 560 Chief Executives and 1.378 jobs per 1,000 workers, Madison supports a stable number of these executive roles, suggesting consistent demand within its business community.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 560 employees in the Madison, WI area with a job density of 1.378 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 Madison, WI