The annual salary statistics of chief executives in Detroit-Warren-Livonia, Michigan is shown in Table 1. The wage data of chief executives in Detroit-Warren-Livonia 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 | $117,940 |
25th Percentile Wage | $179,260 |
50th Percentile Wage | $198,730 |
75th Percentile Wage | No Data |
90th Percentile Wage | No Data |
Table 1 shows the average annual salary for chief executives in Detroit-Warren-Livonia, Michigan in 5 percentile scales. The median (50th percentile) annual salary is $198,730. The average annual salary of the 25th percentile is $179,260. The average annual salary for the bottom 10 percent earners is $117,940.
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 | $198,730 | 1.28% | 16.55% |
2016 | $196,190 | 5.79% | - |
2014 | $184,840 | 6.45% | - |
2013 | $172,920 | 4.09% | - |
2012 | $165,850 | - | - |
From Table 3 we note that the median annual salary of $198,730 in Detroit-Warren-Livonia is in the middle of salary range for chief executives in state of Michigan. In comparison, the annual salary of chief executives in Detroit-Warren-Livonia is 3.4 percent (3.4%) lower than that in the highest paying Grand Rapids-Wyoming and 68.5 percent (68.5%) higher than that in the lowest paying Northeast Lower Peninsula of Michigan nonmetropolitan area.