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Average Chief Executives Salary in Topeka, KS

Chief Executives in Topeka, KS, command an average annual salary of $160,840. This figure is notably lower than the national average of $283,090, reflecting the unique economic landscape and demand drivers within the Topeka metropolitan area. Local market dynamics, industry concentration, and the overall cost of doing business significantly influence compensation for top executive roles.

Executive Summary

  • Average Salary: $160,840 per year.
  • Growth Trend: Salaries have shifted 14.7% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $241,260.
  • Outlook: The Topeka market for Chief Executives, while modest in size with a total local workforce of 300, shows a strong concentration relative to the national average, indicated by a Location Quotient of 1.93. This suggests that Chief Executive roles are more prevalent in Topeka than in a typical U.S. city, hinting at a stable, albeit specialized, demand for these high-level positions within the local economy.
2024 Market Data

Salary Overview

$160,840

The average Chief Executives in Topeka, KS earns-43.2%below the national average.

BreakdownBased on 40h/week
Hourly

$77.3

Weekly

$3,093

Monthly

$13,403

Chief Executives Salary Distribution in Topeka, KS

For Chief Executives, experience is a primary driver of salary. Entry-level positions, which are rare at this executive tier, would command significantly less than the average. As professionals progress through mid-level management to senior executive roles, their responsibilities, strategic impact, and proven track records justify higher compensation. The substantial salary gap between different experience levels signifies clear career progression pathways and the increasing value placed on seasoned leadership.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$42,850$20.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$120,630$58
ManagerOversees team, compliance, and project delivery.50% (Median)$122,040$58.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$201,050$96.7
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$241,260$116

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$160,840

Gross Pay

Real Wage (Purchasing Power)

$160,840

Adjusted for COL (100)

With an average annual salary of $160,840 and a Cost of Living Index of 100, Chief Executives in Topeka experience a purchasing power that aligns precisely with the national average. This means that the nominal salary translates directly to the average cost of goods and services, offering a stable financial environment for those considering relocation or already residing in the area.

Job Market Context

300

Total Jobs

2.652

Per 1K Jobs

1.93

Location Quotient

Major Hub

Topeka, KS has 1.9x 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.

The Location Quotient of 1.93 for Chief Executives in Topeka indicates a significant concentration of these roles compared to the national average. This suggests that the market is relatively robust and specialized, with demand potentially outstripping supply for highly qualified candidates. Companies in Topeka may need to offer competitive packages to attract and retain top executive talent due to this elevated concentration.

Nearby Job Markets

Nearby Cities for Chief Executives

Comparing salaries near Topeka, KS

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Frequently Asked Questions

How much does a Chief Executives make in Topeka, KS?

The median annual salary for a Chief Executives in Topeka, KS is $160,840. This typically ranges from $42,850 for entry-level positions to $241,260 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Topeka, KS is 43.2% lower than the national median of $283,090.

Is Topeka, KS a lucrative place for Chief Executives?

Yes, with caveats.While the average salary of $160,840 is below the national average, the strong Location Quotient of 1.93 suggests a concentrated demand for these roles. Coupled with a national average cost of living, the compensation offers good purchasing power locally.

Is Topeka, KS a good place to live for Chief Executives?

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

Where are the highest paying cities near Topeka, KS?

Some top paying nearby cities include Lawrence, KS ($203,920) and Manhattan, KS.

How does the Topeka salary compare to the national average for Chief Executives?

The average annual salary for Chief Executives in Topeka, KS is $160,840, which is considerably lower than the national average of $283,090.

What does a Location Quotient of 1.93 mean for Chief Executives in Topeka?

A Location Quotient of 1.93 signifies that Chief Executive roles are nearly twice as concentrated in Topeka compared to the national average, indicating a stronger local presence and demand for these positions.

How does the cost of living in Topeka affect the Chief Executive salary?

Topeka's Cost of Living Index is 100, matching the national average. This means the $160,840 salary provides purchasing power equivalent to the national average, making it a balanced compensation package in terms of real value.

What is the total number of Chief Executives in Topeka?

There are approximately 300 Chief Executives employed within the Topeka, KS workforce, representing 2.652 jobs per 1,000 workers in the area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 300 employees in the Topeka, KS area with a job density of 2.652 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.