Average Chief Executives Salary in South Carolina
Chief Executives in South Carolina earn an average annual salary of $221,870, which is notably below the national average of $283,090. This disparity can be attributed to a variety of factors, including the state's specific economic landscape, industry concentrations, and the overall demand for top-tier executive talent within the region.
Executive Summary
- Average Salary: $221,870 per year.
- Growth Trend: Salaries have shifted 22.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $332,805.
- Outlook: South Carolina's market for Chief Executives, while not as concentrated as the national average with a Location Quotient of 0.94, still supports a workforce of 2,950 individuals. The presence of nearly 1.3 jobs per 1,000 workers indicates a steady, albeit not booming, demand for executive leadership, suggesting a stable job market for seasoned professionals.
Salary Overview
The average Chief Executives in South Carolina earns-21.6%below the national average.
$106.7
$4,267
$18,489
Chief Executives Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that salaries for Chief Executives in South Carolina have experienced growth over the past four years, mirroring national trends. Economic expansion and evolving business needs typically drive up compensation for top leadership roles, reflecting increased responsibilities and the strategic importance of these positions.
Chief Executives Salary Distribution in South Carolina
The salary trajectory for Chief Executives in South Carolina, like elsewhere, typically scales significantly with experience. Entry-level executive roles will command lower salaries, while seasoned leaders with a proven track record can expect compensation well into the upper percentiles. The substantial gap between entry-level and senior executive pay underscores the value placed on extensive experience, strategic acumen, and demonstrated success in driving organizational growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $85,760 | $41.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $166,403 | $80 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $181,830 | $87.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $277,338 | $133.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $332,805 | $160 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$221,870
Gross Pay
Real Wage (Purchasing Power)
$231,356
Adjusted for COL (95.9)
With an average annual salary of $221,870 and a Cost of Living Index of 95.9 (slightly below the national average of 100), Chief Executives in South Carolina enjoy a favorable purchasing power. This means their nominal earnings translate into a relatively strong real income, allowing for a comfortable standard of living that is more affordable than in higher-cost regions.
Job Market Context
2,950
Total Jobs
1.297
Per 1K Jobs
0.94
Location Quotient
South Carolina has 0.94x 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 0.94 suggests that South Carolina has a slightly lower concentration of Chief Executive roles compared to the national average. This indicates that while the market is substantial, it may be less saturated, potentially offering unique opportunities for executives looking to make a significant impact without facing the intense competition found in more concentrated hubs.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Columbia, SC Chief Executives Salary | $210,220↓ 5% | 13 mi |
| Sumter, SC Chief Executives Salary | $168,950↓ 24% | 32 mi |
| Florence, SC Chief Executives Salary | $214,810↓ 3% | 70 mi |
| Augusta-Richmond County, GA-SC Chief Executives Salary | $190,650↓ 14% | 73 mi |
| Charleston-North Charleston, SC Chief Executives Salary | $226,000↑ 2% | 91 mi |
Comparing salaries near South Carolina
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Frequently Asked Questions
How much does a Chief Executives make in South Carolina?
The median annual salary for a Chief Executives in South Carolina is $221,870. This typically ranges from $85,760 for entry-level positions to $332,805 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Carolina is 21.6% lower than the national median of $283,090.
Is South Carolina a lucrative place for Chief Executives?
Yes, with caveats.While the average salary is below the national figure, South Carolina's lower cost of living enhances the purchasing power of the $221,870 average salary, making it relatively lucrative.
Is South Carolina a good place to live for Chief Executives?
With a Cost of Living Index of 95.9 (lower than the national average of 100), your salary goes further here.
Where are the highest paying cities near South Carolina?
Some top paying nearby cities include Columbia, SC ($210,220) and Sumter, SC.
How does the cost of living in South Carolina compare to the national average?
South Carolina's Cost of Living Index is 95.9, which is slightly below the national average of 100, indicating that everyday expenses are generally more affordable in the state.
What is the concentration of Chief Executive jobs in South Carolina?
The Location Quotient for Chief Executives in South Carolina is 0.94, meaning the concentration of these jobs is slightly lower than the national average.
How many Chief Executives work in South Carolina?
There are approximately 2,950 Chief Executives employed in South Carolina, representing about 1.297 jobs per 1,000 workers in the state's total workforce.
Does experience significantly impact a Chief Executive's salary in South Carolina?
Yes, experience is a major factor. As executives gain more experience and demonstrate success, their salaries typically increase substantially, moving them into higher pay percentiles.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 2,950 employees in the South Carolina area with a job density of 1.297 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 South Carolina