Average Chief Executives Salary in South Nebraska nonmetropolitan area
Chief Executives in the South Nebraska nonmetropolitan area earn an average annual salary of $204,480. This figure is notably below the national average of $283,090, reflecting regional economic factors and the specific demand for top-tier executive talent in this less densely populated area. The compensation structure is influenced by the unique business landscape and the concentration of industries present.
Executive Summary
- Average Salary: $204,480 per year.
- Growth Trend: Salaries have shifted 50.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $306,720.
- Outlook: The job market for Chief Executives in the South Nebraska nonmetropolitan area, while having a modest total workforce of 330, shows a concentration that suggests a specialized demand. With a Location Quotient of 1.55, this indicates that Chief Executive roles are more prevalent here than the national average, implying a robust need for leadership within the local business ecosystem, despite the smaller overall worker pool.
Salary Overview
The average Chief Executives in South Nebraska nonmetropolitan area earns-27.8%below the national average.
$98.3
$3,932
$17,040
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries for Chief Executive roles have experienced steady growth over the past four years, mirroring broader economic trends and increasing demands for strategic leadership. This upward trajectory is likely driven by evolving market complexities and the continuous need for experienced executives to navigate business challenges and opportunities.
Chief Executives Salary Distribution in South Nebraska nonmetropolitan area
Salary progression for Chief Executives typically scales significantly with experience. Entry-level executive positions will command lower salaries, while seasoned leaders with a proven track record and extensive industry expertise can expect compensation at the higher end of the spectrum. The percentile gaps in salary data clearly signify the career progression and the substantial rewards associated with climbing the executive ladder.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $98,770 | $47.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $153,360 | $73.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $158,750 | $76.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $255,600 | $122.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $306,720 | $147.5 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$204,480
Gross Pay
Real Wage (Purchasing Power)
$204,480
Adjusted for COL (100)
The nominal average annual salary of $204,480 in the South Nebraska nonmetropolitan area 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 environment without the premium often associated with higher cost-of-living areas.
Job Market Context
330
Total Jobs
2.124
Per 1K Jobs
1.55
Location Quotient
South Nebraska nonmetropolitan area has 1.6x the national concentration of Chief Executives jobs — a major employment hub for this role. Job seekers will find significantly more opportunities here than in most other areas.
A Location Quotient of 1.55 for Chief Executives in the South Nebraska nonmetropolitan area signifies a higher concentration of these roles compared to the national average. This suggests that the job market is relatively more abundant or specialized in this region, indicating a greater demand for executive talent relative to the overall workforce size, potentially leading to competitive opportunities for qualified individuals.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Grand Island, NE Chief Executives Salary | $223,240↑ 9% | 15 mi |
| Lincoln, NE Chief Executives Salary | $227,860↑ 11% | 86 mi |
Comparing salaries near South Nebraska nonmetropolitan area
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in South Nebraska nonmetropolitan area?
The median annual salary for a Chief Executives in South Nebraska nonmetropolitan area is $204,480. This typically ranges from $98,770 for entry-level positions to $306,720 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in South Nebraska nonmetropolitan area is 27.8% lower than the national median of $283,090.
Is South Nebraska nonmetropolitan area a lucrative place for Chief Executives?
Yes, with caveats.While the average salary of $204,480 is below the national average, the cost of living is also at the national average, and the concentration of these roles (LQ 1.55) suggests strong local demand.
Is South Nebraska nonmetropolitan area a good place to live for Chief Executives?
The Cost of Living Index in South Nebraska nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near South Nebraska nonmetropolitan area?
Some top paying nearby cities include Grand Island, NE ($223,240) and Lincoln, NE.
How does the South Nebraska nonmetropolitan area's Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in the South Nebraska nonmetropolitan area is $204,480, which is lower than the national average of $283,090.
What is the significance of the Location Quotient (LQ) for Chief Executives in this area?
A Location Quotient of 1.55 indicates that Chief Executive roles are 55% more concentrated in the South Nebraska nonmetropolitan area than the national average, suggesting a higher relative demand for these positions.
How does the Cost of Living in South Nebraska nonmetropolitan area affect the salary?
With a Cost of Living Index of 100, the local expenses are on par with the national average, meaning the $204,480 salary offers a purchasing power equivalent to the national standard.
What does the total local workforce size imply for Chief Executive roles?
A total local workforce of 330 suggests a smaller overall labor market, but the concentration of Chief Executive roles indicates that these positions are significant within the local economic structure.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 330 employees in the South Nebraska nonmetropolitan area area with a job density of 2.124 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Chief Executives Salaries by State
Top Jobs in South Nebraska nonmetropolitan area
- All Occupations Salary in South Nebraska nonmetropolitan area
- Office and Administrative Support Occupations Salary in South Nebraska nonmetropolitan area
- Transportation and Material Moving Occupations Salary in South Nebraska nonmetropolitan area
- Production Occupations Salary in South Nebraska nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in South Nebraska nonmetropolitan area
- Sales and Related Occupations Salary in South Nebraska nonmetropolitan area
- Educational Instruction and Library Occupations Salary in South Nebraska nonmetropolitan area
- Healthcare Practitioners and Technical Occupations Salary in South Nebraska nonmetropolitan area
- Management Occupations Salary in South Nebraska nonmetropolitan area
- Installation, Maintenance, and Repair Occupations Salary in South Nebraska nonmetropolitan area
- Browse All Jobs in South Nebraska nonmetropolitan area →
Semantic Salary Analysis for Chief Executives • Data source: BLS OEWS 2024 •Jobs in South Nebraska nonmetropolitan area