The average annual and hourly salaries for chief executives in the state of Massachusetts are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of chief executives among Massachusetts metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 .
|Percentile Bracket||Average Annual Salary|
|10th Percentile Wage||$94,880|
|25th Percentile Wage||$132,570|
|50th Percentile Wage||$205,560|
|75th Percentile Wage||No Data|
|90th Percentile Wage||No Data|
Table 1 shows the average annual salary for chief executives in Massachusetts in 5 percentile scales. The median (50th percentile) annual salary is $205,560. The average annual salary of the 25th percentile is $132,570. The average annual salary for the bottom 10 percent is $94,880.
Table 3 shows the median annual salary of chief executives in some Massachusetts cities and metropolitan areas. We note that the median annual salary of chief executives in state of Massachusetts ranges from $95,910 to $201,590. The highest paying area for chief executives in Massachusetts is Peabody with a median annual salary of $201,590. The second highest paying city/area in Massachusetts State is Brockton-Bridgewater-Easton (mean annual salary $178,430). The lowest paying area is Southwest Massachusetts nonmetropolitan area with a median annual salary of $95,910.
|Cities/Areas||Median Annual Salary|
|New Bedford|| |
|Nantucket Island and Marthas Vineyard nonmetropolitan area|| |
|Barnstable Town|| |
|Northwest Massachusetts nonmetropolitan area|| |
|North Central Massachusetts nonmetropolitan area|| |
|Southwest Massachusetts nonmetropolitan area|| |