Average Chief Executives Salary in Southwest New York nonmetropolitan area
Chief Executives in the Southwest New York nonmetropolitan area earn an average annual salary of $191,140. This figure is notably below the national average of $283,090, suggesting that regional economic factors and industry concentration play a significant role in compensation for top leadership roles in this specific locale.
Executive Summary
- Average Salary: $191,140 per year.
- Growth Trend: Salaries have shifted 57.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $286,710.
- Outlook: With a total local workforce of 210 Chief Executives, the market in Southwest New York nonmetropolitan area is relatively small. The location quotient of 0.87 indicates a slightly lower concentration of these roles compared to the national average, suggesting a stable but not rapidly expanding demand for executive talent in this region.
Salary Overview
The average Chief Executives in Southwest New York nonmetropolitan area earns-32.5%below the national average.
$91.9
$3,676
$15,928
Chief Executives Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Chief Executives in the Southwest New York nonmetropolitan area have experienced gradual growth over the past four years, mirroring general economic trends and inflation. This growth would likely be influenced by the overall economic health of the region and the performance of local industries.
Chief Executives Salary Distribution in Southwest New York nonmetropolitan area
The salary progression for Chief Executives typically scales significantly with experience. Entry-level executive roles might command lower figures, while seasoned leaders with a proven track record and extensive responsibilities can expect compensation well above the average. The substantial percentile gaps observed in executive compensation reflect this clear career progression and the value placed on accumulated expertise.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $83,410 | $40.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $143,355 | $68.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $158,200 | $76.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $238,925 | $114.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $286,710 | $137.8 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$191,140
Gross Pay
Real Wage (Purchasing Power)
$191,140
Adjusted for COL (100)
The average annual salary of $191,140 in Southwest New York nonmetropolitan area aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Chief Executive's salary in this region is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to living expenses.
Job Market Context
210
Total Jobs
1.198
Per 1K Jobs
0.87
Location Quotient
Southwest New York nonmetropolitan area has 0.87x 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 0.87 for Chief Executives in Southwest New York nonmetropolitan area suggests that the presence of these roles is slightly below the national average concentration. This indicates a moderately competitive market where opportunities may be less abundant than in more heavily concentrated metropolitan areas, but still present for qualified candidates.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Binghamton, NY Chief Executives Salary | $168,460↓ 12% | 49 mi |
| Kingston, NY Chief Executives Salary | $218,480↑ 14% | 51 mi |
| Scranton--Wilkes-Barre, PA Chief Executives Salary | $271,430↑ 42% | 64 mi |
| Utica-Rome, NY Chief Executives Salary | $213,690↑ 12% | 66 mi |
| Albany-Schenectady-Troy, NY Chief Executives Salary | $191,200↑ 0% | 68 mi |
Comparing salaries near Southwest New York nonmetropolitan area
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Frequently Asked Questions
How much does a Chief Executives make in Southwest New York nonmetropolitan area?
The median annual salary for a Chief Executives in Southwest New York nonmetropolitan area is $191,140. This typically ranges from $83,410 for entry-level positions to $286,710 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southwest New York nonmetropolitan area is 32.5% lower than the national median of $283,090.
Is Southwest New York nonmetropolitan area a lucrative place for Chief Executives?
No, it is not as lucrative as the national average.While the average salary of $191,140 is substantial, it falls significantly short of the national average of $283,090. However, the cost of living is at the national average, making the salary's purchasing power comparable.
Is Southwest New York nonmetropolitan area a good place to live for Chief Executives?
The Cost of Living Index in Southwest New York nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southwest New York nonmetropolitan area?
Some top paying nearby cities include Binghamton, NY ($168,460) and Kingston, NY.
How does the local workforce size affect Chief Executive job prospects?
A smaller local workforce of 210 Chief Executives suggests a more niche market, potentially leading to fewer openings but also less competition for highly qualified individuals.
What does a Location Quotient of 0.87 imply for Chief Executives?
A Location Quotient below 1.0, like 0.87, indicates that Chief Executive roles are slightly less concentrated in Southwest New York nonmetropolitan area compared to the national average, suggesting a stable but not booming job market.
How does the Cost of Living in Southwest New York nonmetropolitan area compare nationally?
The Cost of Living Index is 100, meaning it is exactly the same as the national average. This allows the nominal salary to translate directly into purchasing power relative to the rest of the country.
What is the number of Chief Executive jobs per 1,000 workers in this region?
There are approximately 1.198 Chief Executive jobs per 1,000 workers in the Southwest New York nonmetropolitan area, providing a measure of job availability relative to the overall workforce.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 210 employees in the Southwest New York nonmetropolitan area area with a job density of 1.198 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 Southwest New York nonmetropolitan area