The annual salary statistics of chief executives in Warren-Troy-Farmington Hills, Michigan is shown in Table 1. The wage data of chief executives in Warren-Troy-Farmington Hills 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 | $90,020 |
| 25th Percentile Wage | $123,750 |
| 50th Percentile Wage | $185,020 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for chief executives in Warren-Troy-Farmington Hills, Michigan in 5 percentile scales. The median (50th percentile) annual salary is $185,020. The average annual salary of the 25th percentile is $123,750. The average annual salary for the bottom 10 percent earners is $90,020.
The table and chart below show the trend of the median salary of chief executives from 2012 to 2014. Note that there is no salary data for some years between 2012 and 2019.
| Year | Median Salary | Growth | 2-Year Growth |
|---|---|---|---|
| 2014 | $185,020 | 3.67% | 9.98% |
| 2013 | $178,230 | 6.55% | - |
| 2012 | $166,560 | - | - |
From Table 3 we note that the median annual salary of $185,020 in Warren-Troy-Farmington Hills is in the middle of salary range for chief executives in state of Michigan. In comparison, the annual salary of chief executives in Warren-Troy-Farmington Hills is 10.0 percent (10.0%) lower than that in the highest paying Grand Rapids-Wyoming and 66.1 percent (66.1%) higher than that in the lowest paying Northeast Lower Peninsula of Michigan nonmetropolitan area.