The average annual and hourly salaries for chief executives in the state of Minnesota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of chief executives among Minnesota 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||$79,350|
|25th Percentile Wage||$118,970|
|50th Percentile Wage||$169,880|
|75th Percentile Wage||No Data|
|90th Percentile Wage||No Data|
Table 1 shows the average annual salary for chief executives in Minnesota in 5 percentile scales. The median (50th percentile) annual salary is $169,880. The average annual salary of the 25th percentile is $118,970. The average annual salary for the bottom 10 percent is $79,350.
The table and chart below show the trend of the median salary of chief executives from 2012 to 2017.
|Year||Median Salary||Yearly Growth||5-Year Growth|
Table 3 shows the median annual salary of chief executives in some Minnesota cities and metropolitan areas. We note that the median annual salary of chief executives in state of Minnesota ranges from $118,280 to $172,270. The highest paying area for chief executives in Minnesota is St Cloud with a median annual salary of $172,270. The second highest paying city/area in Minnesota State is Mankato-North Mankato (mean annual salary $155,960). The lowest paying area is Northeast Minnesota nonmetropolitan area with a median annual salary of $118,280.
|Cities/Areas||Median Annual Salary|
|St Cloud|| |
|Mankato-North Mankato|| |
|Southeast Minnesota nonmetropolitan area|| |
|Northwest Minnesota nonmetropolitan area|| |
|Southwest Minnesota nonmetropolitan area|| |
|Northeast Minnesota nonmetropolitan area|| |