The annual salary statistics of chief executives in South Bend-Mishawaka, Michigan is shown in Table 1. The wage statistics of chief executives in South Bend-Mishawaka 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 | $78,130 |
| 25th Percentile Wage | $113,030 |
| 50th Percentile Wage | $187,320 |
| 75th Percentile Wage | $203,920 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for chief executives in South Bend-Mishawaka, Michigan in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $203,920. The median (50th percentile) annual salary is $187,320. The average annual salary for the bottom 10 percent earners is $78,130.
The table and chart below show the trend of the median salary of chief executives from 2012 to 2019.
| Year | Median Salary | Yearly Growth | 7-Year Growth |
|---|---|---|---|
| 2019 | $187,320 | 11.57% | 15.84% |
| 2018 | $165,640 | 0.29% | - |
| 2017 | $165,160 | 11.61% | - |
| 2016 | $145,980 | -11.20% | - |
| 2015 | $162,330 | 2.11% | - |
| 2014 | $158,900 | -8.22% | - |
| 2013 | $171,960 | 8.33% | - |
| 2012 | $157,640 | - | - |
From Table 3 we note that the median annual salary of $187,320 in South Bend-Mishawaka is in the middle of salary range for chief executives in state of Michigan. In comparison, the annual salary of chief executives in South Bend-Mishawaka is 8.9 percent (8.9%) lower than that in the highest paying Grand Rapids-Wyoming and 66.5 percent (66.5%) higher than that in the lowest paying Northeast Lower Peninsula of Michigan nonmetropolitan area.