Average Chief Executives Salary in Rockford, IL
The average salary for a Chief Executives in Rockford, IL is $264,850. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $264,850 per year.
- Growth Trend: Salaries have shifted 31.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $397,275.
- Outlook: The current demand for Chief Executivess is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Rockford, IL economy.
Salary Overview
The average Chief Executives in Rockford, IL earns-6.4%below the national average.
$127.3
$5,093
$22,071
Chief Executives Salary Trends (2020-2024)
Over the past 4 years, Chief Executives salaries in Rockford, IL have experienced a rapid surge, growing by 31.5%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Chief Executives Salary Distribution in Rockford, IL
The earning potential for Chief Executivess in Rockford, IL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $106,690, while highly experienced professionals can command wages upwards of $397,275.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $106,690 | $51.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $198,638 | $95.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $215,600 | $103.7 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $331,063 | $159.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $397,275 | $191 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$264,850
Gross Pay
Real Wage (Purchasing Power)
$264,850
Adjusted for COL (100)
In Rockford, IL, the Cost of Living Index is 100. This increases your effective purchasing power from $264,850 to $264,850.
Job Market Context
70
Total Jobs
0.525
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Rockford, IL has a notably lower concentration of Chief Executives jobs than the national average. Opportunities in this area are relatively scarce for this profession.
70 people work as Chief Executives in Rockford, IL.
Only 0.525 out of every 1,000 local jobs are Chief Executives roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Janesville-Beloit, WI Chief Executives Salary | $339,560↑ 28% | 30 mi |
| Madison, WI Chief Executives Salary | $279,750↑ 6% | 59 mi |
| Kenosha, WI Chief Executives Salary | $305,480↑ 15% | 65 mi |
| Racine-Mount Pleasant, WI Chief Executives Salary | $222,750↓ 16% | 71 mi |
| Chicago-Naperville-Elgin, IL-IN Chief Executives Salary | $327,700↑ 24% | 78 mi |
Comparing salaries near Rockford, IL
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Frequently Asked Questions
How much does a Chief Executives make in Rockford, IL?
The median annual salary for a Chief Executives in Rockford, IL is $264,850. This typically ranges from $106,690 for entry-level positions to $397,275 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Rockford, IL is 6.4% lower than the national median of $283,090.
Is Rockford, IL a good place for Chief Executivess?
It depends on your priorities. While the average Chief Executives salary in Rockford, IL is $264,850 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Rockford, IL. See distinct detailed breakdown below.
Is Rockford, IL a good place to live for Chief Executives?
The Cost of Living Index in Rockford, IL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Rockford, IL?
Some top paying nearby cities include Janesville-Beloit, WI ($339,560) and Madison, WI.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Rockford, IL area with a job density of 0.525 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 Rockford, IL