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Chief Executive Salary in U.S.

The salary statistics of chief executives are shown in Table 1. In the next few tables we compare the average salaries of chief executives within different industry sectors and in the 50 states of the United States. The chief executives annual salary statistics are from the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2019 and published in April 2020 [1].

Table 1. Chief Executive Salary in U.S. (2019 survey)

Percentile BracketAverage Annual Salary
10th Percentile Wage
$62,290
25th Percentile Wage
$112,790
50th Percentile Wage
$184,460
75th Percentile Wage
No Data
90th Percentile Wage
No Data

Table 1 shows the average annual salary for chief executives. The median annual salary (50th percentile) is $184,460. The average annual salary of the 25th percentile is $112,790. The average annual salary for the bottom 10 percent is $62,290. It is noted that in the United States, the median (50th percentile) annual salary is almost 196% higher than that of the bottom 10 percent.

Median salary trend (2012 to 2019)

The table and chart below show the trend of the median salary of chief executives from 2012 to 2019.

YearMedian SalaryYearly Growth7-Year Growth
2019
$184,460
-2.79% 8.85%
2018
$189,600
3.34% -
2017
$183,270
1.12% -
2016
$181,210
3.37% -
2015
$175,110
1.02% -
2014
$173,320
0.99% -
2013
$171,610
2.02% -
2012
$168,140
- -

Table 2. Chief Executive Salary by Industry Sector (2019 survey)

The average salaries of chief executives in 16 major industry sectors are shown in Table 2. We note that the salaries vary considerably within different industry sectors. The highest paying industry sector for chief executives occupations is the wholesale trade sector with an annual salary $206,460. The lowest paying sector is the federal, state, and local government sector (annual salary $110,030).

Industry Sector Median Annual Salary
Wholesale Trade
$206,460
Utilities
$201,590
Manufacturing
$201,290
Administrative and Support and Waste Management and Remediation Services
$193,730
Retail Trade
$185,510
Agriculture, Forestry, Fishing and Hunting
$184,810
Transportation and Warehousing
$178,510
Real Estate and Rental and Leasing
$177,260
Mining
$168,580
Other Services (except Federal, State, and Local Government)
$168,510
Construction
$167,910
Health Care and Social Assistance
$166,410
Arts, Entertainment, and Recreation
$165,220
Educational Services
$150,650
Accommodation and Food Services
$131,800
Federal, State, and Local Government
$110,030

Table 3. Median Annual Wage of Chief Executives by States (2019 survey)

From the above tables we note that not only chief executives salaries vary considerably based on one's education and experience, and the industry sectors, they also change considerably from state to state. In the following table we compare the median salary of chief executives in all 50 states of the United States. We note that the median annual salaries range from $79,140 to $207,620. The highest paying state for chief executives is Nevada with a median annual salary of $207,620. The lowest paying state is Idaho with a median annual salary of $79,140. For more salary information of chief executives profession in a specific state, use the links in the table.

State Name Median Annual Salary
Nevada
$207,620
Oregon
$206,870
Washington
$206,560
Georgia
$206,210
Massachusetts
$205,560
North Carolina
$204,790
Louisiana
$203,870
Michigan
$203,290
Nebraska
$202,890
Illinois
$201,580
Pennsylvania
$200,750
Connecticut
$200,240
District of Columbia
$198,450
Maryland
$188,970
Texas
$185,930
Delaware
$185,880
Ohio
$185,000
Hawaii
$184,890
Colorado
$184,320
South Dakota
$182,540
Alabama
$180,780
Minnesota
$177,460
South Carolina
$170,210
Arizona
$168,010
Florida
$164,620
Missouri
$155,390
Utah
$153,250
Alaska
$152,490
West Virginia
$147,080
Kansas
$145,280
New Hampshire
$138,850
Tennessee
$138,370
Wisconsin
$135,140
Oklahoma
$133,500
Indiana
$132,820
Iowa
$128,570
North Dakota
$127,170
Wyoming
$126,410
Kentucky
$124,100
Guam
$123,820
Virgin Islands
$121,130
Montana
$119,510
Vermont
$116,350
Maine
$114,740
Mississippi
$110,490
Arkansas
$105,090
Puerto Rico
$96,200
Idaho
$79,140