Average Chief Executives Salary in Wichita, KS
Chief Executives in Wichita, KS earn an average annual salary of $220,960. This figure is notably below the national average of $283,090, suggesting that while the role is present, the compensation structure in Wichita may be influenced by local economic factors and industry concentration. The specific pay scale for these high-level positions is often dictated by the size and financial health of the organizations within a given metropolitan area.
Executive Summary
- Average Salary: $220,960 per year.
- Growth Trend: Salaries have shifted 42.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $331,440.
- Outlook: Wichita's market for Chief Executives, while not as saturated as some major hubs, shows a stable presence with a total local workforce of 440 individuals in this role. The Location Quotient of 1.04 indicates a concentration of Chief Executive positions that is slightly above the national average, suggesting a steady demand and a potentially robust job market for experienced executives within the region.
Salary Overview
The average Chief Executives in Wichita, KS earns-21.9%below the national average.
$106.2
$4,249
$18,413
Chief Executives Salary Trends (2020-2024)
While specific historical data for Wichita's Chief Executive salaries over the past four years is not provided, it is generally assumed that compensation for executive roles across the nation, including Wichita, has seen incremental growth. This trend is typically driven by inflation, increasing business complexity, and the ongoing need for skilled leadership to navigate evolving market dynamics and economic conditions.
Chief Executives Salary Distribution in Wichita, KS
The salary trajectory for Chief Executives significantly scales with experience. Entry-level executive positions, often found in smaller organizations or as support roles, might start in the lower percentiles, while seasoned leaders with extensive track records and proven success command salaries in the upper percentiles. The substantial gap between entry-level and senior executive compensation reflects the value placed on strategic leadership, decision-making prowess, and a history of driving organizational growth.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,130 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $165,720 | $79.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $179,740 | $86.4 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $276,200 | $132.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $331,440 | $159.3 |
Detailed Chief Executives Market Analysis
Relocation Context
Nominal Salary
$220,960
Gross Pay
Real Wage (Purchasing Power)
$220,960
Adjusted for COL (100)
The average annual salary of $220,960 for Chief Executives in Wichita, KS aligns perfectly with the national average cost of living, indicated by an index of 100. This means that the purchasing power of an executive's salary in Wichita is equivalent to the national average, offering a stable financial environment for those considering relocation without significant concerns about affordability.
Job Market Context
440
Total Jobs
1.427
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Wichita, KS has a slightly higher-than-average concentration of Chief Executives roles compared to the national norm.
With a Location Quotient of 1.04, Wichita demonstrates a slightly higher concentration of Chief Executive roles compared to the national average. This suggests that the market is neither overly saturated nor scarce, presenting a balanced environment for executive talent. While competition may exist, the slightly elevated presence of these roles indicates consistent opportunities for qualified individuals to secure leadership positions.
Nearby Job Markets
Nearby Cities for Chief Executives
| City | Salary | Dist. |
|---|---|---|
| Kansas nonmetropolitan area Chief Executives Salary | $138,560↓ 37% | 67 mi |
Comparing salaries near Wichita, KS
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Frequently Asked Questions
How much does a Chief Executives make in Wichita, KS?
The median annual salary for a Chief Executives in Wichita, KS is $220,960. This typically ranges from $49,130 for entry-level positions to $331,440 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wichita, KS is 21.9% lower than the national median of $283,090.
Is Wichita, KS a lucrative place for Chief Executives?
Yes, with caveats.Wichita offers a Chief Executive salary that matches the national cost of living, indicating stable purchasing power. However, the average salary is below the national average, suggesting potential for higher earnings in other markets.
Is Wichita, KS a good place to live for Chief Executives?
The Cost of Living Index in Wichita, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wichita, KS?
Some top paying nearby cities include Kansas nonmetropolitan area ($138,560) and others.
How does the Wichita Chief Executive salary compare to the national average?
The average annual salary for Chief Executives in Wichita, KS is $220,960, which is lower than the national average of $283,090.
What is the cost of living in Wichita, KS?
Wichita, KS has a cost of living index of 100, which is exactly the national average, meaning it is neither significantly more nor less expensive to live there compared to the rest of the country.
Is there a high demand for Chief Executives in Wichita?
The Location Quotient of 1.04 suggests a slightly higher concentration of Chief Executive roles in Wichita than the national average, indicating a stable to moderately high demand.
How many Chief Executives are there in Wichita?
There are approximately 440 Chief Executives employed in Wichita, KS, representing a local workforce in this specific role.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 440 employees in the Wichita, KS area with a job density of 1.427 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 Wichita, KS