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Average Chief Executives Salary in Ohio

Chief Executives in Ohio earn an average annual salary of $273,990, slightly below the national average of $283,090. This figure reflects a complex interplay of factors, including the state's economic landscape, industry concentration, and the overall demand for top-tier leadership roles within Ohio's business environment.

Executive Summary

  • Average Salary: $273,990 per year.
  • Growth Trend: Salaries have shifted 40.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $410,985.
  • Outlook: With a local workforce of 4,430 Chief Executives, Ohio presents a significant, albeit not overwhelmingly concentrated, market for these high-level positions. The Location Quotient of 0.58 suggests that while Chief Executive roles are present, they are less concentrated than the national average, indicating a potentially stable but not hyper-competitive job market for these executives.
2024 Market Data

Salary Overview

$273,990

The average Chief Executives in Ohio earns-3.2%below the national average.

BreakdownBased on 40h/week
Hourly

$131.7

Weekly

$5,269

Monthly

$22,833

Chief Executives Salary Distribution in Ohio

The salary trajectory for Chief Executives in Ohio, like elsewhere, is heavily influenced by experience. Entry-level executive roles will command lower compensation, while seasoned leaders with proven track records in strategic planning, financial management, and operational oversight can expect to reach the higher percentiles of the $273,990 average. The widening gap between entry-level and senior executive salaries signifies substantial career progression opportunities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$80,810$38.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$205,493$98.8
ManagerOversees team, compliance, and project delivery.50% (Median)$208,590$100.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$342,488$164.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$410,985$197.6

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$273,990

Gross Pay

Real Wage (Purchasing Power)

$301,751

Adjusted for COL (90.8)

The average annual salary of $273,990 in Ohio is particularly advantageous when considering the state's Cost of Living Index of 90.8. This index is below the national average of 100, meaning that the purchasing power of an executive's salary in Ohio is likely higher than in many other parts of the country, allowing for a greater disposable income after essential expenses.

Job Market Context

4,430

Total Jobs

0.802

Per 1K Jobs

0.58

Location Quotient

Below Average

Ohio has 0.58x 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 0.58 for Chief Executives in Ohio indicates that the state has approximately 58% of the national average concentration of these roles relative to its overall workforce. This suggests that while opportunities exist, the market is less saturated compared to national hubs, potentially offering a more balanced environment for executives seeking roles without intense competition.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Mansfield, OH Chief Executives Salary$248,580↓ 9%29 mi
Columbus, OH Chief Executives Salary$279,070↑ 2%32 mi

Comparing salaries near Ohio

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Frequently Asked Questions

How much does a Chief Executives make in Ohio?

The median annual salary for a Chief Executives in Ohio is $273,990. This typically ranges from $80,810 for entry-level positions to $410,985 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Ohio is 3.2% lower than the national median of $283,090.

Is Ohio a lucrative place for Chief Executives?

Yes, with a favorable cost of living.Ohio offers a substantial average salary of $273,990 for Chief Executives, which, combined with a cost of living below the national average, provides strong purchasing power.

Is Ohio a good place to live for Chief Executives?

With a Cost of Living Index of 90.8 (lower than the national average of 100), your salary goes further here.

Where are the highest paying cities near Ohio?

Some top paying nearby cities include Mansfield, OH ($248,580) and Columbus, OH.

How does Ohio's Chief Executive salary compare to the national average?

The average annual salary for Chief Executives in Ohio is $273,990, which is slightly lower than the national average of $283,090.

What is the concentration of Chief Executives in Ohio?

Ohio has a Location Quotient of 0.58 for Chief Executives, indicating a lower concentration of these roles compared to the national average.

How does the cost of living in Ohio affect executive salaries?

With a Cost of Living Index of 90.8, Ohio is more affordable than the national average, making the $273,990 salary more valuable in terms of purchasing power.

What does the job market look like for Chief Executives in Ohio?

The market is moderately sized with 4,430 Chief Executives, and a lower concentration suggests a potentially less competitive environment than national averages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,430 employees in the Ohio area with a job density of 0.802 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 Ohio