Average Chief Executives Salary in Springfield, MO
Chief Executives in Springfield, MO, earn an average annual salary of $179,820. This figure is notably lower than the national average of $283,090, reflecting regional economic factors and the specific demand dynamics within the Springfield metropolitan area. While the nominal salary is substantial, its relative value is influenced by local market conditions and the cost of doing business.
Executive Summary
- Average Salary: $179,820 per year.
- Growth Trend: Salaries have shifted 7.5% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $269,730.
- Outlook: The Chief Executive job market in Springfield, MO, is characterized by a local workforce of 260 individuals in this role. With a Location Quotient of 0.86, the concentration of Chief Executives is slightly below the national average, suggesting a stable but not exceptionally concentrated demand for these high-level positions. The presence of over a thousand jobs per thousand workers indicates a consistent need for executive leadership within the local economy.
Salary Overview
The average Chief Executives in Springfield, MO earns-36.5%below the national average.
$86.5
$3,458
$14,985
Chief Executives Salary Trends (2020-2024)
While specific historical data for Chief Executive salary growth in Springfield, MO, is not provided, it is reasonable to assume a general upward trend in compensation over the past four years, mirroring national economic recovery and inflation. Executive roles typically see salary adjustments based on company performance, industry growth, and the overall economic climate, suggesting that Springfield's Chief Executives have likely experienced modest but positive salary increases.
Chief Executives Salary Distribution in Springfield, MO
Salary progression for Chief Executives in Springfield, MO, is significantly influenced by experience and demonstrated leadership capabilities. Entry-level executive roles will command lower salaries, while seasoned professionals with a proven track record of strategic success and team management can expect to earn considerably more, potentially reaching into higher salary percentiles. The gap between entry-level and senior executive compensation underscores the value placed on extensive experience and impactful decision-making.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $66,970 | $32.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $134,865 | $64.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $152,960 | $73.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $224,775 | $108.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $269,730 | $129.7 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$179,820
Gross Pay
Real Wage (Purchasing Power)
$179,820
Adjusted for COL (100)
The average annual salary of $179,820 for Chief Executives in Springfield, MO, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of this salary in Springfield is equivalent to the national average, offering a balanced lifestyle without significant financial strain related to everyday expenses. While the salary is below the national average for the role, the equivalent cost of living suggests a stable financial standing for executives in this location.
Job Market Context
260
Total Jobs
1.177
Per 1K Jobs
0.86
Location Quotient
Springfield, MO has 0.86x 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.
With a Location Quotient of 0.86, the market for Chief Executives in Springfield, MO, is neither saturated nor exceptionally scarce compared to national benchmarks. This indicates a healthy level of demand that is slightly less concentrated than in major metropolitan hubs, suggesting a competitive but manageable job market for executive talent. Companies in Springfield are actively seeking leadership, but the slightly lower quotient implies that opportunities may arise from organic growth and established businesses rather than rapid industry expansion.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Joplin, MO-KS Chief Executives Salary | $163,950↓ 9% | 67 mi |
| Fayetteville-Springdale-Rogers, AR Chief Executives Salary | $285,290↑ 59% | 91 mi |
Comparing salaries near Springfield, MO
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Springfield, MO?
The median annual salary for a Chief Executives in Springfield, MO is $179,820. This typically ranges from $66,970 for entry-level positions to $269,730 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Springfield, MO is 36.5% lower than the national median of $283,090.
Is Springfield, MO a lucrative place for Chief Executives?
Yes, with caveats.The average salary of $179,820 is substantial, and with a Cost of Living Index of 100, its purchasing power is equivalent to the national average. However, it is significantly lower than the national average salary for the role.
Is Springfield, MO a good place to live for Chief Executives?
The Cost of Living Index in Springfield, MO is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Springfield, MO?
Some top paying nearby cities include Joplin, MO-KS ($163,950) and Fayetteville-Springdale-Rogers, AR.
How does the Springfield, MO Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Springfield, MO, is $179,820, which is considerably lower than the national average of $283,090.
What is the concentration of Chief Executives in Springfield, MO?
Springfield, MO has a Location Quotient of 0.86 for Chief Executives, indicating a slightly lower concentration of these roles compared to the national average.
Does the cost of living affect the value of a Chief Executive salary in Springfield, MO?
No, the Cost of Living Index in Springfield, MO, is 100, which is the national average. This means the $179,820 salary has the same purchasing power as it would nationally.
What is the total number of Chief Executives in Springfield, MO?
There are approximately 260 Chief Executives employed in Springfield, MO.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Springfield, MO area with a job density of 1.177 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 Springfield, MO