The annual salary statistics of chief executives in Northeast Lower Peninsula of Michigan nonmetropolitan area, Michigan is shown in Table 1. The wage data of chief executives in Northeast Lower Peninsula of Michigan nonmetropolitan area 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 | $19,610 |
| 25th Percentile Wage | $20,170 |
| 50th Percentile Wage | $62,660 |
| 75th Percentile Wage | $135,400 |
| 90th Percentile Wage | $189,560 |
Table 1 shows the average annual salary for chief executives in Northeast Lower Peninsula of Michigan nonmetropolitan area, Michigan in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $189,560. The median (50th percentile) annual salary is $62,660. The average annual salary for the bottom 10 percent earners is $19,610.
The table and chart below show the trend of the median salary of chief executives from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $62,660 | -21.56% | -81.06% |
| 2016 | $76,170 | -21.45% | - |
| 2015 | $92,510 | -23.91% | - |
| 2014 | $114,630 | 1.38% | - |
| 2013 | $113,050 | -0.35% | - |
| 2012 | $113,450 | - | - |
From Table 3 we note that with a median annual salary of $62,660, Northeast Lower Peninsula of Michigan nonmetropolitan area is the lowest paying city for chief executives in state of Michigan, following city of Grand Rapids-Wyoming (median annual salary of $205,630). Also we note that in comparison, the annual salary of chief executives in Northeast Lower Peninsula of Michigan nonmetropolitan area is about 69.5 percent (69.5%) lower than that of the highest paying city Grand Rapids-Wyoming.