Average Chief Executives Salary in Rochester, NY
Chief Executives in Rochester, NY, command an impressive average annual salary of $304,850, surpassing the national average of $283,090. This elevated compensation reflects the strategic importance and high-stakes decision-making inherent in executive leadership roles, often influenced by local economic conditions and the specific demands of businesses operating within the Rochester area.
Executive Summary
- Average Salary: $304,850 per year.
- Growth Trend: Salaries have shifted 91.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $457,275.
- Outlook: The Rochester market for Chief Executives, while not exceptionally concentrated with a Location Quotient of 0.42, supports a dedicated workforce of 280 individuals. The rate of 0.578 jobs per 1,000 workers suggests a stable, albeit not rapidly expanding, demand for top-tier executive talent, indicating a mature and established job market for these high-level positions.
Salary Overview
The average Chief Executives in Rochester, NY earns+7.7%above the national average.
$146.6
$5,863
$25,404
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Chief Executive roles in Rochester, NY, have experienced consistent growth over the past four years. This trend is typically driven by inflation, increasing business complexity, and the ongoing need for skilled leadership to navigate evolving market dynamics and drive corporate success.
Chief Executives Salary Distribution in Rochester, NY
The salary trajectory for Chief Executives significantly scales with experience. Entry-level executive positions may start at a lower percentile, but as professionals accumulate years of experience, demonstrate leadership acumen, and achieve key performance indicators, their earning potential rises dramatically, reaching the higher percentiles of the $304,850 average.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $109,780 | $52.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $228,638 | $109.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $185,280 | $89.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $381,063 | $183.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $457,275 | $219.8 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$304,850
Gross Pay
Real Wage (Purchasing Power)
$304,850
Adjusted for COL (100)
Rochester, NY, presents a financially advantageous environment for Chief Executives, with an average salary of $304,850 aligning perfectly with a Cost of Living Index of 100. This means that the purchasing power of an executive's salary in Rochester is equivalent to the national average, allowing for a comfortable lifestyle without the premium often associated with higher cost-of-living metropolitan areas.
Job Market Context
280
Total Jobs
0.578
Per 1K Jobs
0.42
Location Quotient
At 0.42x, Rochester, NY has a notably lower concentration of Chief Executives jobs than the national average. Opportunities in this area are relatively scarce for this profession.
With a Location Quotient of 0.42, Rochester, NY, has a lower concentration of Chief Executive roles compared to the national average. This suggests that while opportunities exist, the market is less saturated, potentially offering a more competitive landscape for securing these senior positions but also indicating a potentially higher demand for experienced leaders who can make a significant impact.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Buffalo-Cheektowaga, NY Chief Executives Salary | $305,800↑ 0% | 65 mi |
Comparing salaries near Rochester, NY
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Rochester, NY?
The median annual salary for a Chief Executives in Rochester, NY is $304,850. This typically ranges from $109,780 for entry-level positions to $457,275 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rochester, NY is 7.7% higher than the national median of $283,090.
Is Rochester, NY a lucrative place for Chief Executives?
Yes, Rochester, NY is a lucrative place for Chief Executives.Chief Executives in Rochester earn significantly above the national average salary. Furthermore, the local cost of living is on par with the national average, meaning their high earnings provide excellent purchasing power.
Is Rochester, NY a good place to live for Chief Executives?
The Cost of Living Index in Rochester, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rochester, NY?
Some top paying nearby cities include Buffalo-Cheektowaga, NY ($305,800) and others.
How does the Rochester Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Rochester, NY, is $304,850, which is notably higher than the national average of $283,090.
What is the cost of living in Rochester, NY, for executives?
Rochester, NY, has a Cost of Living Index of 100, which is exactly the national average. This means the cost of goods and services is comparable to the rest of the country.
How many Chief Executives are there in Rochester, NY?
There are approximately 280 Chief Executives working in Rochester, NY, representing about 0.578 jobs per 1,000 workers in the local workforce.
Is the job market for Chief Executives in Rochester competitive?
With a Location Quotient of 0.42, the market for Chief Executives in Rochester is less concentrated than the national average, suggesting a potentially competitive but stable environment for executive talent.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 280 employees in the Rochester, NY area with a job density of 0.578 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 Rochester, NY