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Average Chief Executive Salary in the United States

According to the U.S. Bureau of Labor Statistics

How much does a chief executive make in the United States?

The average salary for a chief executive in the United States is $258,900, but the range typically falls between $130,840 and >$239,200. This corresponds to an average hourly wage of $124.47, with a range between $62.9 and >$115.00.

There are approximately 211,230 people employed as a chief executive in the United States. With California, Florida, New York employing the highest number of chief executives.The state with the best pay for a chief executive is California, with an average annual salary of $281,030, while Washington has the lowest average annual salary of $324,900.

Annual SalaryHourly Wage
10th Percentile$80,000$38.46
25th Percentile$130,840$62.9
Median$206,680$99.37
75th Percentile>$239,200>$115.00
90th Percentile>$239,200>$115.00

Average chief executive salary by location

The salary of a chief executive can vary depending on the state. Below is a map of the United States showing the average annual salary for a chief executive in each state. The darker the color, the higher the salary. The best states for chief executives are California, Hawaii, Idaho, New York, Georgia while the worst states are Washington, Virginia, Texas, South Dakota, Rhode Island.

Lower salary
Higher salary
StateLow-endAverageHigh-end
Alabama$65,700$221,030>$239,200
Alaska$66,180$194,980>$239,200
Arkansas$43,110$167,490>$239,200
California$87,390$281,030>$239,200
Colorado$88,760$259,550>$239,200
Connecticut$95,780$345,170>$239,200
Delaware$48,240$256,230>$239,200
District of Columbia$120,740$307,770>$239,200
Florida$72,020$248,690>$239,200
Georgia$60,080$273,720>$239,200
Hawaii$113,260$281,110>$239,200
Idaho$83,970$246,020>$239,200
Illinois$74,400$281,460>$239,200
Indiana$100,660$281,730>$239,200
Iowa$49,980$180,940>$239,200
Kansas$34,780$183,490>$239,200
Kentucky$86,710$220,200>$239,200
Louisiana$66,390$216,900>$239,200
Maine$59,710$156,260>$239,200
Maryland$120,000$293,990>$239,200
Michigan$97,940$296,290>$239,200
Minnesota$82,620$246,170>$239,200
Mississippi$98,470$155,400$238,010
Missouri$30,500$181,870>$239,200
Montana$81,440$208,270>$239,200
Nebraska$93,280$234,830>$239,200
Nevada$48,630$251,370>$239,200
New Hampshire$65,680$188,920>$239,200
New Jersey$136,700$449,370>$239,200
New York$107,600$324,150>$239,200
North Carolina$115,130$337,320>$239,200
Ohio$70,730$232,120>$239,200
Oklahoma$49,980$158,230>$239,200
Oregon$146,140$371,290>$239,200
Pennsylvania$103,080$236,750>$239,200
Rhode Island$144,050$307,480>$239,200
South Carolina$83,770$220,650>$239,200
South Dakota$167,850$350,100>$239,200
Tennessee$31,410$222,920>$239,200
Texas$102,230$298,140>$239,200
Utah$51,140$196,200>$239,200
Vermont$94,120$195,690>$239,200
Virginia$124,990$305,720>$239,200
Washington$161,120$324,900>$239,200
West Virginia$88,650$214,270>$239,200
Wisconsin$86,020$260,260>$239,200
Wyoming$34,680$145,320$219,760

Even between cities, the salary of a chief executive can vary. For example, the areas with the highest average salary for chief executives is Midland, MI with an average salary of $485,540.The city with the lowest average salary for chief executives is Eastern and Southern Colorado nonmetropolitan area, CO with an average salary of $106,670.

Areas with highest average salaries for chief executives

  1. Midland, MI - $485,540
  2. Bridgeport-Stamford-Norwalk area, CT - $452,140
  3. Eugene, OR - $413,850
  4. Durham-Chapel Hill area, NC - $410,000
  5. Portland-Vancouver-Hillsboro area, OR - $393,060

Areas with lowest average salaries for chief executives

  1. Eastern and Southern Colorado nonmetropolitan area, CO - $106,670
  2. East Arkansas nonmetropolitan area, AR - $113,670
  3. Southeast Missouri nonmetropolitan area, MO - $116,520
  4. North Missouri nonmetropolitan area, MO - $119,100
  5. Southwest Mississippi nonmetropolitan area, MS - $120,230

Employment trends for chief executives in the United States

The number of chief executives in the United States has been increasing over the years. Since 2020, the number of chief executives has increased by 8,870. On average, the number of chief executives has been increasing by 1.1% each year. The salary of chief executives has been increasing. Since 2020, the salary of chief executives has increased by $61,060. On average, the salary of chief executives has been increasing by 7.7% each year.

Change in salary

Change in employment

How chief executives salaries compare to other management occupations

Chief Executives are part of the management occupations group. Below is a comparison of the average annual salary for chief executives compared to other jobs in the same occupation group. View all management occupations jobs here.

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