Average Chief Executives Salary in Wasatch Front Fringe Utah nonmetropolitan area
Chief Executives in the Wasatch Front Fringe Utah nonmetropolitan area earn an average annual salary of $239,880. This figure is notably below the national average of $283,090, suggesting that while the role is present, the compensation structure may be influenced by regional economic factors and the specific demands of businesses operating within this nonmetropolitan landscape.
Executive Summary
- Average Salary: $239,880 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $359,820.
- Outlook: The Wasatch Front Fringe Utah nonmetropolitan area supports a concentrated workforce of 230 Chief Executives, as indicated by a Location Quotient of 2.53. This concentration suggests a robust demand for executive leadership relative to the national average, implying that while the total number of positions may not be vast, the role is significantly more prevalent here than in many other regions, pointing to a stable, albeit specialized, job market.
Salary Overview
The average Chief Executives in Wasatch Front Fringe Utah nonmetropolitan area earns-15.3%below the national average.
$115.3
$4,613
$19,990
Chief Executives Salary Trends (2020-2024)
While specific historical data for this nonmetropolitan area is not provided, it is generally assumed that salaries for Chief Executive roles across the nation, and likely within the Wasatch Front Fringe Utah nonmetropolitan area, have experienced steady growth over the past four years. This trend is driven by increasing business complexity, evolving market demands, and the continuous need for strategic leadership to navigate economic fluctuations and opportunities.
Chief Executives Salary Distribution in Wasatch Front Fringe Utah nonmetropolitan area
Salary progression for Chief Executives in the Wasatch Front Fringe Utah nonmetropolitan area, as in most regions, is strongly tied to experience. Entry-level executive roles typically command salaries at the lower percentiles, while seasoned professionals with extensive track records and proven leadership capabilities can expect compensation in the higher percentiles. The widening gap between these percentiles signifies substantial career growth and increased responsibility over time.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,590 | $24.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $179,910 | $86.5 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $239,886 | $115.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $299,850 | $144.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $359,820 | $173 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$239,880
Gross Pay
Real Wage (Purchasing Power)
$239,880
Adjusted for COL (100)
The average annual salary of $239,880 for Chief Executives in the Wasatch Front Fringe Utah nonmetropolitan area aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of an executive's salary in this region is comparable to that of an executive earning the national average elsewhere, offering a stable financial environment without the premium often associated with higher cost-of-living areas.
Job Market Context
230
Total Jobs
3.472
Per 1K Jobs
2.53
Location Quotient
Wasatch Front Fringe Utah nonmetropolitan area has 2.5x 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.
With a Location Quotient of 2.53, the Wasatch Front Fringe Utah nonmetropolitan area exhibits a significantly higher concentration of Chief Executive positions compared to the national average. This indicates a competitive yet abundant market for these roles, suggesting that while opportunities exist and are relatively plentiful within this specific region, attracting top talent may still require competitive compensation and a strong value proposition.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Provo-Orem-Lehi, UT Chief Executives Salary | $202,270↓ 16% | 13 mi |
| Salt Lake City-Murray, UT Chief Executives Salary | $218,670↓ 9% | 44 mi |
| Ogden, UT Chief Executives Salary | $192,550↓ 20% | 75 mi |
Comparing salaries near Wasatch Front Fringe Utah nonmetropolitan area
Hiring Chief Executivess?
Frequently Asked Questions
How much does a Chief Executives make in Wasatch Front Fringe Utah nonmetropolitan area?
The median annual salary for a Chief Executives in Wasatch Front Fringe Utah nonmetropolitan area is $239,880. This typically ranges from $51,590 for entry-level positions to $359,820 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wasatch Front Fringe Utah nonmetropolitan area is 15.3% lower than the national median of $283,090.
Is Wasatch Front Fringe Utah nonmetropolitan area a lucrative place for Chief Executives?
Yes, with a caveat.While the average salary of $239,880 is below the national average, the high concentration of roles (LQ 2.53) and a national-average cost of living make it a financially stable environment for executives.
Is Wasatch Front Fringe Utah nonmetropolitan area a good place to live for Chief Executives?
The Cost of Living Index in Wasatch Front Fringe Utah nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wasatch Front Fringe Utah nonmetropolitan area?
Some top paying nearby cities include Provo-Orem-Lehi, UT ($202,270) and Salt Lake City-Murray, UT.
How does the local salary compare to the national average?
The average annual salary for Chief Executives in Wasatch Front Fringe Utah nonmetropolitan area is $239,880, which is lower than the national average of $283,090.
What does the Location Quotient of 2.53 mean for Chief Executives in this area?
A Location Quotient of 2.53 signifies that Chief Executive roles are 2.53 times more concentrated in the Wasatch Front Fringe Utah nonmetropolitan area than the national average, indicating a higher relative demand for these positions.
How does the Cost of Living Index affect the salary's value?
With a Cost of Living Index of 100, the Wasatch Front Fringe Utah nonmetropolitan area matches the national average, meaning the $239,880 salary offers purchasing power equivalent to the national average.
What is the total number of Chief Executives in this region?
There are approximately 230 Chief Executives employed within the Wasatch Front Fringe Utah nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the Wasatch Front Fringe Utah nonmetropolitan area area with a job density of 3.472 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Chief Executives Salaries by State
Top Jobs in Wasatch Front Fringe Utah nonmetropolitan area
- All Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Food Preparation and Serving Related Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Office and Administrative Support Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Construction and Extraction Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Sales and Related Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Management Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Production Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Transportation and Material Moving Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Educational Instruction and Library Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Building and Grounds Cleaning and Maintenance Occupations Salary in Wasatch Front Fringe Utah nonmetropolitan area
- Browse All Jobs in Wasatch Front Fringe Utah nonmetropolitan area →
Semantic Salary Analysis for Chief Executives • Data source: BLS OEWS 2024 •Jobs in Wasatch Front Fringe Utah nonmetropolitan area