The annual salary statistics of chief executives in Mankato-North Mankato, Minnesota is shown in Table 1. The wage statistics of chief executives in Mankato-North Mankato 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 | $112,830 |
| 25th Percentile Wage | $130,970 |
| 50th Percentile Wage | $162,750 |
| 75th Percentile Wage | $160,750 |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for chief executives in Mankato-North Mankato, Minnesota in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $160,750. The median (50th percentile) annual salary is $162,750. The average annual salary for the bottom 10 percent earners is $112,830.
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 | $162,750 | -1.90% | 16.77% |
| 2018 | $165,840 | 5.96% | - |
| 2017 | $155,960 | 15.31% | - |
| 2016 | $132,090 | 6.63% | - |
| 2015 | $123,330 | -1.44% | - |
| 2014 | $125,110 | -6.35% | - |
| 2013 | $133,060 | -1.80% | - |
| 2012 | $135,460 | - | - |
From Table 3 we note that with a median annual salary of $162,750, Mankato-North Mankato is the highest paying city for chief executives in state of Minnesota, followed by Southeast Minnesota nonmetropolitan area (median annual salary $160,510). In comparison, the median annual salary of chief executives in Mankato-North Mankato is 1.4 percent (1.4%) higher than that in Southeast Minnesota nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Mankato-North Mankato | |
| Southeast Minnesota nonmetropolitan area | |
| Southwest Minnesota nonmetropolitan area | |
| St Cloud | |
| Northwest Minnesota nonmetropolitan area | |
| Rochester | |
| Northeast Minnesota nonmetropolitan area |