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Average Chief Executives Salary in Traverse City, MI

The average salary for Chief Executivess in Traverse City, MI is $244,360. While this is lower than the national average, the cost of living in Traverse City, MI may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $244,360 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $366,540.
  • Outlook: The current demand for Chief Executivess is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Traverse City, MI economy.
2024 Market Data

Salary Overview

$244,360

The average Chief Executives in Traverse City, MI earns-13.7%below the national average.

BreakdownBased on 40h/week
Hourly

$117.5

Weekly

$4,699

Monthly

$20,363

Chief Executives Salary Distribution in Traverse City, MI

The earning potential for Chief Executivess in Traverse City, MI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $98,860, while highly experienced professionals can command wages upwards of $366,540.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$98,860$47.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$183,270$88.1
ManagerOversees team, compliance, and project delivery.50% (Median)$198,660$95.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$305,450$146.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$366,540$176.2

Detailed Chief Executives Market Analysis

Relocation Context

Nominal Salary

$244,360

Gross Pay

Real Wage (Purchasing Power)

$244,360

Adjusted for COL (100)

In Traverse City, MI, the Cost of Living Index is 100. This increases your effective purchasing power from $244,360 to $244,360.

Job Market Context

70

Total Jobs

1.036

Per 1K Jobs

0.75

Location Quotient

Below Average

Traverse City, MI has 0.75x 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.

70 people work as Chief Executives in Traverse City, MI.

1.036 out of every 1,000 local jobs are Chief Executives positions — a typical concentration.

Nearby Job Markets

Hiring Chief Executivess?

Frequently Asked Questions

How much does a Chief Executives make in Traverse City, MI?

The median annual salary for a Chief Executives in Traverse City, MI is $244,360. This typically ranges from $98,860 for entry-level positions to $366,540 for top-level roles.

How does the salary compare to the national average?

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

Is Traverse City, MI a good place for Chief Executivess?

It depends on your priorities. While the average Chief Executives salary in Traverse City, MI is $244,360 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Traverse City, MI. See distinct detailed breakdown below.

Is Traverse City, MI a good place to live for Chief Executives?

The Cost of Living Index in Traverse City, MI is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Traverse City, MI area with a job density of 1.036 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 Traverse City, MI