Average Chief Executives Salary in West Tennessee nonmetropolitan area
Chief Executives in the West Tennessee nonmetropolitan area earn an average annual salary of $166,670. This figure is notably lower than the national average of $283,090. The localized economic landscape and industry concentration significantly influence this pay differential, reflecting regional demand and the specific business environment.
Executive Summary
- Average Salary: $166,670 per year.
- Growth Trend: Salaries have shifted 159.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $250,005.
- Outlook: With a total local workforce of 200 Chief Executives, the demand in West Tennessee's nonmetropolitan area appears stable. The Location Quotient of 1.25 suggests a slightly higher concentration of these roles compared to the national average, indicating a specialized but present market for executive leadership within this region.
Salary Overview
The average Chief Executives in West Tennessee nonmetropolitan area earns-41.1%below the national average.
$80.1
$3,205
$13,889
Chief Executives Salary Trends (2020-2024)
While specific historical data for this niche role in West Tennessee is not provided, it is generally assumed that salaries for Chief Executives have seen consistent growth over the past four years, mirroring broader economic trends and increasing demands for strategic leadership across industries.
Chief Executives Salary Distribution in West Tennessee nonmetropolitan area
Salary progression for Chief Executives is heavily influenced by experience. Entry-level positions typically command lower salaries, while seasoned executives with extensive track records and proven leadership skills can earn significantly more. The percentile gaps in salary distribution reflect this steep learning curve and the increasing value placed on experience and strategic acumen.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,500 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $125,003 | $60.1 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $140,560 | $67.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $208,338 | $100.2 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $250,005 | $120.2 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$166,670
Gross Pay
Real Wage (Purchasing Power)
$166,670
Adjusted for COL (100)
The nominal average salary of $166,670 in West Tennessee's 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 the national standard, offering a stable financial footing without the premium often associated with higher cost-of-living areas.
Job Market Context
200
Total Jobs
1.711
Per 1K Jobs
1.25
Location Quotient
With a location quotient of 1.25, West Tennessee nonmetropolitan area has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.
A Location Quotient of 1.25 indicates that Chief Executive roles are 25% more concentrated in the West Tennessee nonmetropolitan area than the national average. This suggests a slightly more competitive or specialized market, where executive talent may be in higher demand relative to the general workforce, potentially offering unique opportunities for skilled leaders.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Nashville-Davidson--Murfreesboro--Franklin, TN Chief Executives Salary | $228,020↑ 37% | 29 mi |
| Clarksville, TN-KY Chief Executives Salary | $181,570↑ 9% | 67 mi |
| Huntsville, AL Chief Executives Salary | $217,650↑ 31% | 73 mi |
| Florence-Muscle Shoals, AL Chief Executives Salary | $182,050↑ 9% | 84 mi |
Comparing salaries near West Tennessee nonmetropolitan area
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Frequently Asked Questions
How much does a Chief Executives make in West Tennessee nonmetropolitan area?
The median annual salary for a Chief Executives in West Tennessee nonmetropolitan area is $166,670. This typically ranges from $47,500 for entry-level positions to $250,005 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in West Tennessee nonmetropolitan area is 41.1% lower than the national median of $283,090.
Is West Tennessee nonmetropolitan area a lucrative place for Chief Executives?
Moderately lucrative, with a strong cost-of-living advantage.While the average salary of $166,670 is below the national average, the cost of living is also at the national average, making the effective purchasing power quite competitive. The slightly higher concentration of these roles suggests a stable demand.
Is West Tennessee nonmetropolitan area a good place to live for Chief Executives?
The Cost of Living Index in West Tennessee nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near West Tennessee nonmetropolitan area?
Some top paying nearby cities include Nashville-Davidson--Murfreesboro--Franklin, TN ($228,020) and Clarksville, TN-KY.
How does the local salary compare to the national average for Chief Executives?
The average annual salary for Chief Executives in West Tennessee nonmetropolitan area is $166,670, which is considerably lower than the national average of $283,090.
What is the concentration of Chief Executive jobs in this region?
The Location Quotient of 1.25 indicates that Chief Executive roles are 25% more concentrated in this region compared to the national average, suggesting a specialized market.
How does the cost of living affect the salary in West Tennessee?
The Cost of Living Index is 100, which is the national average. This means the $166,670 salary has the same purchasing power as it would nationally, offering good value.
What is the total number of Chief Executives in this area?
There are approximately 200 Chief Executives employed in the West Tennessee 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 200 employees in the West Tennessee nonmetropolitan area area with a job density of 1.711 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 West Tennessee nonmetropolitan area