Average Chief Executives Salary in North Region of Texas nonmetropolitan area
Chief Executives in the North Region of Texas's nonmetropolitan area earn an average annual salary of $207,270. This figure is notably below the national average of $283,090, reflecting the unique economic dynamics and demand specific to this rural Texas region. Factors such as industry concentration and the availability of specialized talent in nonmetropolitan settings often influence executive compensation levels.
Executive Summary
- Average Salary: $207,270 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $310,905.
- Outlook: The job market for Chief Executives in the North Region of Texas nonmetropolitan area, with a total local workforce of 230, indicates a relatively niche demand. The Location Quotient of 0.62 suggests that this area has fewer Chief Executive positions per worker compared to the national average, implying a less concentrated or specialized market for these high-level roles.
Salary Overview
The average Chief Executives in North Region of Texas nonmetropolitan area earns-26.8%below the national average.
$99.7
$3,986
$17,273
Chief Executives Salary Trends (2020-2024)
While specific historical data for this precise nonmetropolitan area is not provided, it is reasonable to assume that salaries for Chief Executive roles have experienced growth over the past four years, mirroring general economic trends and inflation. Increased demand for leadership in evolving industries and a competitive landscape for top talent likely contribute to upward pressure on executive compensation.
Chief Executives Salary Distribution in North Region of Texas nonmetropolitan area
Salary progression for Chief Executives typically scales significantly with experience. Entry-level executive roles will command lower salaries, while seasoned leaders with a proven track record of success and extensive industry knowledge can expect compensation at the higher end of the spectrum. The percentile gaps in salary distributions clearly signify the career progression and increased earning potential as executives advance through various levels of responsibility and impact.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $102,340 | $49.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $155,453 | $74.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $154,330 | $74.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $259,088 | $124.6 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $310,905 | $149.5 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$207,270
Gross Pay
Real Wage (Purchasing Power)
$207,270
Adjusted for COL (100)
The nominal average annual salary of $207,270 in the North Region of Texas nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an executive's salary in this region is equivalent to the national average, offering a stable financial environment without the added pressure of higher living expenses often found in metropolitan areas.
Job Market Context
230
Total Jobs
0.854
Per 1K Jobs
0.62
Location Quotient
North Region of Texas nonmetropolitan area has 0.62x 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.
With a Location Quotient of 0.62, the market for Chief Executives in the North Region of Texas nonmetropolitan area is less concentrated than the national average. This suggests that while opportunities exist, the competition might be less intense compared to major urban centers, potentially offering a unique advantage for executives seeking leadership roles in a less saturated environment.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Killeen-Temple, TX Chief Executives Salary | $236,700↑ 14% | 10 mi |
| Waco, TX Chief Executives Salary | $257,760↑ 24% | 41 mi |
| Austin-Round Rock-San Marcos, TX Chief Executives Salary | $287,780↑ 39% | 53 mi |
| College Station-Bryan, TX Chief Executives Salary | $199,420↓ 4% | 82 mi |
Comparing salaries near North Region of Texas nonmetropolitan area
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in North Region of Texas nonmetropolitan area?
The median annual salary for a Chief Executives in North Region of Texas nonmetropolitan area is $207,270. This typically ranges from $102,340 for entry-level positions to $310,905 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in North Region of Texas nonmetropolitan area is 26.8% lower than the national median of $283,090.
Is North Region of Texas nonmetropolitan area a lucrative place for Chief Executives?
No, not compared to the national average.While the average salary of $207,270 is substantial, it falls significantly below the national average of $283,090. However, the cost of living is also at the national average, making the salary's purchasing power comparable.
Is North Region of Texas nonmetropolitan area a good place to live for Chief Executives?
The Cost of Living Index in North Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near North Region of Texas nonmetropolitan area?
Some top paying nearby cities include Killeen-Temple, TX ($236,700) and Waco, TX.
How does the number of Chief Executives in this region compare nationally?
With only 0.854 jobs per 1,000 workers, the concentration of Chief Executive roles in this nonmetropolitan Texas region is considerably lower than the national average, indicating a smaller overall presence of these positions.
What does a Location Quotient of 0.62 mean for Chief Executives?
A Location Quotient of 0.62 signifies that Chief Executive roles are 38% less concentrated in this nonmetropolitan Texas area compared to the national average, suggesting fewer opportunities relative to the general workforce.
Is the cost of living a significant factor for executives in this region?
No, the cost of living index is exactly 100, matching the national average. This means that the $207,270 salary offers purchasing power equivalent to the national standard, without the burden of higher regional living expenses.
What is the total number of Chief Executives in the North Region of Texas nonmetropolitan area?
There are approximately 230 Chief Executives employed within the North Region of Texas nonmetropolitan area, reflecting a relatively small executive workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the North Region of Texas nonmetropolitan area area with a job density of 0.854 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Chief Executives Salaries by State
Top Jobs in North Region of Texas nonmetropolitan area
- All Occupations Salary in North Region of Texas nonmetropolitan area
- Office and Administrative Support Occupations Salary in North Region of Texas nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in North Region of Texas nonmetropolitan area
- Production Occupations Salary in North Region of Texas nonmetropolitan area
- Transportation and Material Moving Occupations Salary in North Region of Texas nonmetropolitan area
- Sales and Related Occupations Salary in North Region of Texas nonmetropolitan area
- Educational Instruction and Library Occupations Salary in North Region of Texas nonmetropolitan area
- Management Occupations Salary in North Region of Texas nonmetropolitan area
- Construction and Extraction Occupations Salary in North Region of Texas nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in North Region of Texas nonmetropolitan area
- Browse All Jobs in North Region of Texas nonmetropolitan area →
Semantic Salary Analysis for Chief Executives • Data source: BLS OEWS 2024 •Jobs in North Region of Texas nonmetropolitan area