Average Chief Executives Salary in Montana
Chief Executives in Montana earn an average annual salary of $233,880, which is below the national average of $283,090. This difference can be attributed to various factors, including the state's specific economic landscape, industry concentration, and the overall demand for top-tier executive talent within Montana's unique business environment.
Executive Summary
- Average Salary: $233,880 per year.
- Growth Trend: Salaries have shifted 61.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $350,820.
- Outlook: With a total local workforce of 630 Chief Executives and a Location Quotient of 0.9, Montana's market for these high-level positions is slightly below the national average in terms of concentration. However, the presence of over six hundred executives indicates a stable, albeit not hyper-concentrated, demand for leadership roles within the state's economy.
Salary Overview
The average Chief Executives in Montana earns-17.4%below the national average.
$112.4
$4,498
$19,490
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Chief Executive roles across the nation, including Montana, have experienced a steady upward trend over the past four years. This growth is typically driven by inflation, increasing business complexity, and the escalating value placed on experienced leadership to navigate dynamic market conditions.
Chief Executives Salary Distribution in Montana
The salary range for Chief Executives in Montana, like elsewhere, is significantly influenced by experience. Entry-level positions will command lower figures, while seasoned executives with a proven track record of success and extensive leadership experience can expect compensation packages substantially higher than the average. The percentile gaps in salary clearly signify the career progression and increased responsibility associated with senior executive roles.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $84,200 | $40.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $175,410 | $84.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $194,460 | $93.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $292,350 | $140.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $350,820 | $168.7 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$233,880
Gross Pay
Real Wage (Purchasing Power)
$218,784
Adjusted for COL (106.9)
The nominal average salary of $233,880 in Montana needs to be considered alongside its Cost of Living Index of 106.9. This index, slightly above the national average, suggests that while the executive compensation is substantial, the purchasing power may be marginally less than in a lower cost-of-living area with a similar nominal salary. Nonetheless, it remains a strong income within the state.
Job Market Context
630
Total Jobs
1.233
Per 1K Jobs
0.9
Location Quotient
Montana has 0.90x 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.
A Location Quotient of 0.9 indicates that Chief Executive roles are present in Montana at a rate very close to the national average. This suggests a balanced job market where the demand for these positions is neither exceptionally high nor particularly low relative to the overall workforce composition. It implies a steady, consistent need for executive leadership without intense competition or oversupply.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Great Falls, MT Chief Executives Salary | $245,880↑ 5% | 56 mi |
| Helena, MT Chief Executives Salary | $222,800↓ 5% | 77 mi |
| Bozeman, MT Chief Executives Salary | $278,670↑ 19% | 90 mi |
Comparing salaries near Montana
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Montana?
The median annual salary for a Chief Executives in Montana is $233,880. This typically ranges from $84,200 for entry-level positions to $350,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Montana is 17.4% lower than the national median of $283,090.
Is Montana a lucrative place for Chief Executives?
Yes, with caveats.Montana offers a substantial average salary of $233,880 for Chief Executives, though it is below the national average. The state's cost of living is also slightly above the national average, impacting the real value of this compensation.
Is Montana a good place to live for Chief Executives?
The Cost of Living Index in Montana is 106.9. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Montana?
Some top paying nearby cities include Great Falls, MT ($245,880) and Helena, MT.
How does Montana's Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Montana is $233,880, which is approximately $50,000 less than the national average of $283,090.
What is the concentration of Chief Executives in Montana?
Montana has a Location Quotient of 0.9 for Chief Executives, indicating that the concentration of these roles is slightly below the national average.
How does the cost of living in Montana affect executive salaries?
With a Cost of Living Index of 106.9, Montana is slightly more expensive than the national average, meaning the $233,880 salary may have slightly less purchasing power than in a lower cost-of-living state.
What is the total number of Chief Executives in Montana?
There are approximately 630 Chief Executives employed within Montana, representing a stable presence of executive leadership in the state.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 630 employees in the Montana area with a job density of 1.233 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 Montana