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Average Chief Executives Salary in Missouri

Chief Executives in Missouri earn an average annual salary of $197,780, which is notably below the national average of $283,090. This disparity can often be attributed to a combination of factors unique to the state's economic landscape, including industry concentration, regional demand, and the overall cost of doing business.

Executive Summary

  • Average Salary: $197,780 per year.
  • Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $296,670.
  • Outlook: With a local workforce of 4,050 Chief Executives and a Location Quotient of 1.01, the job market in Missouri indicates a presence that is closely aligned with the national average concentration. This suggests a stable, albeit not exceptionally concentrated, demand for executive leadership within the state's business ecosystem.
2024 Market Data

Salary Overview

$197,780

The average Chief Executives in Missouri earns-30.1%below the national average.

BreakdownBased on 40h/week
Hourly

$95.1

Weekly

$3,803

Monthly

$16,482

Chief Executives Salary Distribution in Missouri

The salary trajectory for Chief Executives in Missouri, like elsewhere, is significantly influenced by experience. Entry-level positions will command lower compensation, while seasoned executives with a proven track record of success can expect to earn substantially more, often reaching into the higher percentiles of the salary distribution. The widening gap between entry-level and senior roles signifies clear career progression opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$65,010$31.3
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$148,335$71.3
ManagerOversees team, compliance, and project delivery.50% (Median)$158,930$76.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$247,225$118.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$296,670$142.6

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$197,780

Gross Pay

Real Wage (Purchasing Power)

$223,733

Adjusted for COL (88.4)

The average annual salary of $197,780 in Missouri presents a favorable financial outlook when contrasted with the state's Cost of Living Index of 88.4, which is below the national average of 100. This means that the purchasing power of a Chief Executive's salary in Missouri is likely higher than the nominal figure suggests, offering a comfortable lifestyle relative to national benchmarks.

Job Market Context

4,050

Total Jobs

1.387

Per 1K Jobs

1.01

Location Quotient

Above Average

With a location quotient of 1.01, Missouri has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.

A Location Quotient of 1.01 for Chief Executives in Missouri signifies that the concentration of these roles within the state is almost identical to the national average. This suggests a balanced job market where demand and supply for executive talent are relatively stable, indicating moderate competition and consistent opportunities for qualified individuals.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Jefferson City, MO Chief Executives Salary$169,750↓ 14%10 mi
Columbia, MO Chief Executives Salary$217,600↑ 10%34 mi

Comparing salaries near Missouri

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Frequently Asked Questions

How much does a Chief Executives make in Missouri?

The median annual salary for a Chief Executives in Missouri is $197,780. This typically ranges from $65,010 for entry-level positions to $296,670 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Missouri is 30.1% lower than the national median of $283,090.

Is Missouri a lucrative place for Chief Executives?

Yes, with a caveat.While the average salary is below the national average, Missouri's lower cost of living significantly enhances the real value of the $197,780 compensation, making it financially advantageous.

Is Missouri a good place to live for Chief Executives?

With a Cost of Living Index of 88.4 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Missouri?

Some top paying nearby cities include Jefferson City, MO ($169,750) and Columbia, MO.

How does the Missouri job market compare nationally for Chief Executives?

The market is quite comparable, with a Location Quotient of 1.01 indicating a similar concentration of Chief Executive roles as the national average, suggesting a stable demand.

What is the impact of cost of living on a Chief Executive's salary in Missouri?

The cost of living in Missouri is 11.6% lower than the national average, meaning the $197,780 salary offers greater purchasing power and a potentially higher standard of living.

How many Chief Executives are employed in Missouri?

There are approximately 4,050 Chief Executives employed within Missouri, representing 1.387 jobs per 1,000 workers in the state.

Can I expect salary growth as a Chief Executive in Missouri?

Generally, yes. Executive salaries tend to grow with experience and demonstrated success, and while specific state trends vary, national patterns suggest consistent upward mobility.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,050 employees in the Missouri area with a job density of 1.387 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 Missouri