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Average Chief Executives Salary in Southeast Missouri nonmetropolitan area

Chief Executives in the Southeast Missouri nonmetropolitan area earn an average annual salary of $135,460. This figure is notably lower than the national average of $283,090, reflecting the economic dynamics and industry concentrations typical of nonmetropolitan regions. Factors such as local industry demand, company size, and the overall economic output of the area significantly influence compensation levels for top executive roles.

Executive Summary

  • Average Salary: $135,460 per year.
  • Growth Trend: Salaries have shifted 42.2% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $203,190.
  • Outlook: The job market for Chief Executives in the Southeast Missouri nonmetropolitan area appears stable, with a total local workforce of 230 individuals in this role. The Location Quotient of 1.02 suggests a concentration of these positions that is very close to the national average, indicating a steady, albeit not rapidly expanding, demand for executive leadership within the region's business landscape.
2024 Market Data

Salary Overview

$135,460

The average Chief Executives in Southeast Missouri nonmetropolitan area earns-52.1%below the national average.

BreakdownBased on 40h/week
Hourly

$65.1

Weekly

$2,605

Monthly

$11,288

Chief Executives Salary Distribution in Southeast Missouri nonmetropolitan area

Salary progression for Chief Executives is strongly correlated with experience and demonstrated leadership impact. Entry-level executive roles typically command lower salaries, while seasoned professionals with extensive track records of success can achieve significantly higher compensation packages. The widening gap between entry-level and senior-level salaries, often seen across different pay percentiles, signifies the substantial career advancement and increased earning potential available within this profession.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$30,530$14.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$101,595$48.8
ManagerOversees team, compliance, and project delivery.50% (Median)$107,190$51.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$169,325$81.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$203,190$97.7

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$135,460

Gross Pay

Real Wage (Purchasing Power)

$135,460

Adjusted for COL (100)

The average annual salary of $135,460 in the Southeast Missouri 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 average, offering a stable financial environment without the premium often associated with higher cost-of-living areas.

Job Market Context

230

Total Jobs

1.405

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Southeast Missouri nonmetropolitan area has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.

With a Location Quotient of 1.02, the Southeast Missouri nonmetropolitan area exhibits a job market for Chief Executives that is almost exactly aligned with the national average in terms of concentration. This suggests a balanced market where the number of executive positions is proportionate to the overall workforce, implying a stable competitive landscape without excessive saturation or scarcity.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Jefferson City, MO Chief Executives Salary$169,750 25%10 mi
Columbia, MO Chief Executives Salary$217,600 61%34 mi

Comparing salaries near Southeast Missouri nonmetropolitan area

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Southeast Missouri nonmetropolitan area?

The median annual salary for a Chief Executives in Southeast Missouri nonmetropolitan area is $135,460. This typically ranges from $30,530 for entry-level positions to $203,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Southeast Missouri nonmetropolitan area is 52.1% lower than the national median of $283,090.

Is Southeast Missouri nonmetropolitan area a lucrative place for Chief Executives?

No, not when compared to the national average.While the average salary of $135,460 is substantial, it falls significantly short of the national average of $283,090. However, the cost of living is also at the national average, making the nominal salary's purchasing power comparable.

Is Southeast Missouri nonmetropolitan area a good place to live for Chief Executives?

The Cost of Living Index in Southeast Missouri nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Southeast Missouri nonmetropolitan area?

Some top paying nearby cities include Jefferson City, MO ($169,750) and Columbia, MO.

How does the total workforce size affect the job market for Chief Executives in this region?

A total local workforce of 230 Chief Executives indicates a moderate presence of these roles, suggesting a stable but not overly dynamic job market. This size is typical for nonmetropolitan areas and implies consistent opportunities rather than rapid expansion.

What does a Location Quotient of 1.02 mean for Chief Executive roles?

A Location Quotient of 1.02 signifies that the concentration of Chief Executive positions in Southeast Missouri is very slightly above the national average. This suggests a balanced demand for executive talent that closely mirrors national trends.

How does the cost of living impact the perceived value of a Chief Executive salary in this area?

With a Cost of Living Index of 100, the nominal salary of $135,460 offers purchasing power equivalent to the national average. This means that while the salary is lower than the national average, it is offset by a comparable cost of living.

Are there many Chief Executive jobs per 1,000 workers in Southeast Missouri?

With 1.405 jobs per 1,000 workers, the rate of Chief Executive employment is relatively low, aligning with the characteristics of a nonmetropolitan area where executive roles might be less numerous compared to larger urban centers.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Southeast Missouri nonmetropolitan area area with a job density of 1.405 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.