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Average Chief Executives Salary in Monroe, MI

The average salary for a Chief Executives in Monroe, MI is $272,140. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $272,140 per year.
  • Growth Trend: Salaries have shifted 90.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $408,210.
  • Outlook: The current demand for Chief Executivess is stable, with a local workforce of approximately 40 professionals. This role remains a specialized component of the broader Monroe, MI economy.
2024 Market Data

Salary Overview

$272,140

The average Chief Executives in Monroe, MI earns-3.9%below the national average.

BreakdownBased on 40h/week
Hourly

$130.8

Weekly

$5,233

Monthly

$22,678

Chief Executives Salary Distribution in Monroe, MI

The earning potential for Chief Executivess in Monroe, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $109,500, while highly experienced professionals can command wages upwards of $408,210.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$109,500$52.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$204,105$98.1
ManagerOversees team, compliance, and project delivery.50% (Median)$272,147$130.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$340,175$163.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$408,210$196.3

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$272,140

Gross Pay

Real Wage (Purchasing Power)

$272,140

Adjusted for COL (100)

In Monroe, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $272,140 to $272,140.

Job Market Context

40

Total Jobs

0.892

Per 1K Jobs

0.65

Location Quotient

Below Average

Monroe, MI has 0.65x 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.

40 people work as Chief Executives in Monroe, MI.

Only 0.892 out of every 1,000 local jobs are Chief Executives roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Chief Executives

Comparing salaries near Monroe, MI

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Monroe, MI?

The median annual salary for a Chief Executives in Monroe, MI is $272,140. This typically ranges from $109,500 for entry-level positions to $408,210 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Monroe, MI is 3.9% lower than the national median of $283,090.

Is Monroe, MI a good place for Chief Executivess?

It depends on your priorities. While the average Chief Executives salary in Monroe, MI is $272,140 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Monroe, MI. See distinct detailed breakdown below.

Is Monroe, MI a good place to live for Chief Executives?

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

Where are the highest paying cities near Monroe, MI?

Some top paying nearby cities include Toledo, OH ($249,310) and Ann Arbor, MI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 40 employees in the Monroe, MI area with a job density of 0.892 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.