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Average Chief Executives Salary in Raleigh-Cary, NC

Chief Executives in Raleigh-Cary, NC, command an impressive average annual salary of $325,360, significantly surpassing the national average of $283,090. This elevated compensation reflects the strategic importance and high-stakes decision-making inherent in executive leadership roles within this dynamic metropolitan area.

Executive Summary

  • Average Salary: $325,360 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $488,040.
  • Outlook: With a total local workforce of 440 Chief Executives, Raleigh-Cary presents a concentrated, albeit not overwhelmingly large, market for these top-tier positions. The Location Quotient of 0.44 indicates that while the concentration is below the national average, the presence of these roles suggests a stable demand for executive talent within the region's key industries.
2024 Market Data

Salary Overview

$325,360

The average Chief Executives in Raleigh-Cary, NC earns+14.9%above the national average.

BreakdownBased on 40h/week
Hourly

$156.4

Weekly

$6,257

Monthly

$27,113

Chief Executives Salary Distribution in Raleigh-Cary, NC

The salary spectrum for Chief Executives naturally widens with experience. Entry-level executive roles might start at a lower percentile, while seasoned leaders with a proven track record can command salaries well into the higher percentiles, reflecting their extensive expertise and strategic impact on organizational success.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$104,990$50.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$244,020$117.3
ManagerOversees team, compliance, and project delivery.50% (Median)$325,354$156.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$406,700$195.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$488,040$234.6

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$325,360

Gross Pay

Real Wage (Purchasing Power)

$325,360

Adjusted for COL (100)

The average annual salary of $325,360 in Raleigh-Cary 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 standard, offering a stable financial foundation for relocation.

Job Market Context

440

Total Jobs

0.602

Per 1K Jobs

0.44

Location Quotient

Low Concentration

At 0.44x, Raleigh-Cary, NC has a notably lower concentration of Chief Executives jobs than the national average. Opportunities in this area are relatively scarce for this profession.

A Location Quotient of 0.44 suggests that Chief Executive roles are less concentrated in Raleigh-Cary compared to the national average. This could imply a more specialized or niche market for these positions, potentially indicating fewer opportunities but also less intense competition for highly qualified candidates.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Durham-Chapel Hill, NC Chief Executives Salary$391,400↑ 20%18 mi
Rocky Mount, NC Chief Executives Salary$266,710↓ 18%48 mi
Burlington, NC Chief Executives Salary$285,360↓ 12%49 mi
Fayetteville, NC Chief Executives Salary$290,530↓ 11%55 mi

Comparing salaries near Raleigh-Cary, NC

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Raleigh-Cary, NC?

The median annual salary for a Chief Executives in Raleigh-Cary, NC is $325,360. This typically ranges from $104,990 for entry-level positions to $488,040 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Raleigh-Cary, NC is 14.9% higher than the national median of $283,090.

Is Raleigh-Cary, NC a lucrative place for Chief Executivess?

Yes, Raleigh-Cary, NC is a lucrative location for Chief Executives.Chief Executives in Raleigh-Cary earn significantly above the national average salary. The local cost of living being at the national average further enhances the financial attractiveness of these roles in the area.

Is Raleigh-Cary, NC a good place to live for Chief Executives?

The Cost of Living Index in Raleigh-Cary, NC is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Raleigh-Cary, NC?

Some top paying nearby cities include Durham-Chapel Hill, NC ($391,400) and Rocky Mount, NC.

How does the Raleigh-Cary salary compare to the national average?

The average annual salary for Chief Executives in Raleigh-Cary is $325,360, which is notably higher than the national average of $283,090.

What is the concentration of Chief Executives in Raleigh-Cary?

The Location Quotient for Chief Executives in Raleigh-Cary is 0.44, indicating a lower concentration compared to the national average.

How does the cost of living affect the salary in Raleigh-Cary?

Raleigh-Cary's Cost of Living Index is 100, matching the national average. This means the higher salary offers equivalent purchasing power to the national average.

What does the number of jobs per 1,000 workers suggest?

With 0.602 jobs per 1,000 workers, it suggests a moderate presence of Chief Executive roles relative to the overall workforce in Raleigh-Cary.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Raleigh-Cary, NC area with a job density of 0.602 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 Raleigh-Cary, NC