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Average Chief Executives Salary in Northwest Iowa nonmetropolitan area

Chief Executives in the Northwest Iowa nonmetropolitan area earn an average annual salary of $195,820. This figure is notably below the national average of $283,090, reflecting the unique economic landscape and demand dynamics specific to this region. Factors such as industry concentration and the overall economic activity within nonmetropolitan areas often influence executive compensation levels.

Executive Summary

  • Average Salary: $195,820 per year.
  • Growth Trend: Salaries have shifted 9.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $293,730.
  • Outlook: The job market for Chief Executives in Northwest Iowa appears stable, with a total local workforce of 320 individuals in this role. The Location Quotient of 1.57 indicates a higher concentration of these positions compared to the national average, suggesting a consistent, albeit specialized, demand within the region's economic structure.
2024 Market Data

Salary Overview

$195,820

The average Chief Executives in Northwest Iowa nonmetropolitan area earns-30.8%below the national average.

BreakdownBased on 40h/week
Hourly

$94.1

Weekly

$3,766

Monthly

$16,318

Chief Executives Salary Distribution in Northwest Iowa nonmetropolitan area

Salary progression for Chief Executives typically scales significantly with experience. Entry-level positions command lower compensation, while seasoned executives with extensive track records and proven leadership capabilities can achieve salaries well into the higher percentiles. The substantial gaps between salary percentiles underscore the significant value placed on experience and strategic acumen in executive roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$53,670$25.8
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$146,865$70.6
ManagerOversees team, compliance, and project delivery.50% (Median)$174,920$84.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$244,775$117.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$293,730$141.2

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$195,820

Gross Pay

Real Wage (Purchasing Power)

$195,820

Adjusted for COL (100)

The nominal average annual salary of $195,820 in Northwest Iowa aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of an executive's salary in this region is equivalent to the national standard, offering a stable financial environment without the premium often associated with higher cost-of-living areas.

Job Market Context

320

Total Jobs

2.161

Per 1K Jobs

1.57

Location Quotient

Major Hub

Northwest Iowa nonmetropolitan area has 1.6x the national concentration of Chief Executives jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.

With a Location Quotient of 1.57, Northwest Iowa exhibits a concentration of Chief Executive roles that is 57% higher than the national average. This suggests a relatively robust and perhaps specialized market for these positions, indicating that employers in the area may actively seek out executive talent, potentially leading to competitive opportunities for qualified candidates.

Nearby Job Markets

Nearby Cities for Chief Executives

Comparing salaries near Northwest Iowa nonmetropolitan area

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Northwest Iowa nonmetropolitan area?

The median annual salary for a Chief Executives in Northwest Iowa nonmetropolitan area is $195,820. This typically ranges from $53,670 for entry-level positions to $293,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Northwest Iowa nonmetropolitan area is 30.8% lower than the national median of $283,090.

Is Northwest Iowa nonmetropolitan area a lucrative place for Chief Executives?

Yes, with caveats.The average salary of $195,820 is substantial, and with a Cost of Living Index of 100, it offers good purchasing power. However, it is below the national average, indicating less overall lucrative potential compared to national benchmarks.

Is Northwest Iowa nonmetropolitan area a good place to live for Chief Executives?

The Cost of Living Index in Northwest Iowa nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Northwest Iowa nonmetropolitan area?

Some top paying nearby cities include Ames, IA ($194,900) and Des Moines-West Des Moines, IA.

How does the concentration of Chief Executives in Northwest Iowa compare to the national average?

The Location Quotient of 1.57 signifies that Northwest Iowa has a 57% higher concentration of Chief Executive positions than the national average, suggesting a stronger regional presence for these roles.

What is the purchasing power of a Chief Executive's salary in Northwest Iowa?

With an average salary of $195,820 and a Cost of Living Index of 100 (the national average), the purchasing power is equivalent to the national standard, offering stable financial stability.

How many Chief Executives are there in Northwest Iowa?

There are approximately 320 Chief Executives employed in the Northwest Iowa nonmetropolitan area, representing 2.161 jobs per 1,000 workers.

Is the job market for Chief Executives growing in Northwest Iowa?

While specific growth rates aren't provided, the Location Quotient suggests a consistent demand. General economic trends imply potential for salary growth over time, though specific local trends would require more granular data.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 320 employees in the Northwest Iowa nonmetropolitan area area with a job density of 2.161 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.