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Average Chief Executives Salary in Springfield, MA

The average salary for Chief Executivess in Springfield, MA is $244,200. While this is lower than the national average, the cost of living in Springfield, MA may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $244,200 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $366,300.
  • Outlook: This role remains a specialized component of the broader Springfield, MA economy.
2024 Market Data

Salary Overview

$244,200

The average Chief Executives in Springfield, MA earns-13.7%below the national average.

BreakdownBased on 40h/week
Hourly

$117.4

Weekly

$4,696

Monthly

$20,350

Chief Executives Salary Distribution in Springfield, MA

The earning potential for Chief Executivess in Springfield, MA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.3x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $84,720, while highly experienced professionals can command wages upwards of $366,300.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$84,720$40.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$183,150$88.1
ManagerOversees team, compliance, and project delivery.50% (Median)$212,290$102.1
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$305,250$146.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$366,300$176.1

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$244,200

Gross Pay

Real Wage (Purchasing Power)

$244,200

Adjusted for COL (100)

In Springfield, MA, the Cost of Living Index is 100. This increases your effective purchasing power from $244,200 to $244,200.

Nearby Job Markets

Nearby Cities for Chief Executives

CitySalaryDist.
Amherst Town-Northampton, MA Chief Executives Salary$189,910↓ 22%18 mi
Hartford-West Hartford-East Hartford, CT Chief Executives Salary$340,070↑ 39%25 mi
Connecticut nonmetropolitan area Chief Executives Salary$263,270↑ 8%37 mi
Worcester, MA Chief Executives Salary$269,920↑ 11%39 mi
Pittsfield, MA Chief Executives Salary$246,930↑ 1%44 mi

Comparing salaries near Springfield, MA

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Frequently Asked Questions

How much does a Chief Executives make in Springfield, MA?

The median annual salary for a Chief Executives in Springfield, MA is $244,200. This typically ranges from $84,720 for entry-level positions to $366,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Springfield, MA is 13.7% lower than the national median of $283,090.

Is Springfield, MA a good place for Chief Executivess?

It depends on your priorities. While the average Chief Executives salary in Springfield, MA is $244,200 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Springfield, MA. See distinct detailed breakdown below.

Is Springfield, MA a good place to live for Chief Executives?

The Cost of Living Index in Springfield, MA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Springfield, MA?

Some top paying nearby cities include Amherst Town-Northampton, MA ($189,910) and Hartford-West Hartford-East Hartford, CT.

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

Semantic Salary Analysis for Chief Executives • Data source: BLS OEWS 2024 •Jobs in Springfield, MA