The annual salary statistics of chief executives in Detroit-Livonia-Dearborn, Michigan is shown in Table 1. The wage statistics of chief executives in Detroit-Livonia-Dearborn is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $76,210 |
| 25th Percentile Wage | $118,760 |
| 50th Percentile Wage | $169,780 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for chief executives in Detroit-Livonia-Dearborn, Michigan in 5 percentile scales. The median (50th percentile) annual salary is $169,780. The average annual salary of the 25th percentile is $118,760. The average annual salary for the bottom 10 percent earners is $76,210.
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 |
|---|---|---|---|
| 2017 | $169,780 | -11.54% | 2.87% |
| 2016 | $189,380 | 2.51% | - |
| 2014 | $184,620 | 9.94% | - |
| 2013 | $166,270 | 0.82% | - |
| 2012 | $164,900 | - | - |
From Table 3 we note that the median annual salary of $169,780 in Detroit-Livonia-Dearborn is in the middle of salary range for chief executives in state of Michigan. In comparison, the annual salary of chief executives in Detroit-Livonia-Dearborn is 17.4 percent (17.4%) lower than that in the highest paying Grand Rapids-Wyoming and 63.1 percent (63.1%) higher than that in the lowest paying Northeast Lower Peninsula of Michigan nonmetropolitan area.