The annual salary statistics of chief executives in Provo-Orem, Utah is shown in Table 1. The wage information of chief executives in Provo-Orem 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 | $73,680 |
| 25th Percentile Wage | $116,490 |
| 50th Percentile Wage | $170,610 |
| 75th Percentile Wage | No Data |
| 90th Percentile Wage | No Data |
Table 1 shows the average annual salary for chief executives in Provo-Orem, Utah in 5 percentile scales. The median (50th percentile) annual salary is $170,610. The average annual salary of the 25th percentile is $116,490. The average annual salary for the bottom 10 percent earners is $73,680.
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 | $170,610 | 3.16% | 10.62% |
| 2018 | $165,220 | 4.55% | - |
| 2017 | $157,700 | 9.92% | - |
| 2016 | $142,050 | -4.20% | - |
| 2015 | $148,020 | -4.15% | - |
| 2014 | $154,170 | -5.16% | - |
| 2013 | $162,120 | 5.94% | - |
| 2012 | $152,490 | - | - |
From Table 3 we note that with a median annual salary of $170,610, Provo-Orem is the highest paying city for chief executives in state of Utah, followed by Northern Utah nonmetropolitan area (median annual salary $165,730). In comparison, the median annual salary of chief executives in Provo-Orem is 2.9 percent (2.9%) higher than that in Northern Utah nonmetropolitan area.