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Chief Executive Officer Salary By State: Highest-Paid Chief Executive Officers by State [2024]

By Chris Kolmar
Mar. 20, 2024

Research Summary. After extensive research by the Zippia data science team, we identified these details of chief executive officer salary by state for the United States:

You can read more on the specific methodology.

Background

Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do chief executive officers get paid where I live?

And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for chief executive officer by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.

The state with the best salary for chief executive officers after this adjustment? That would be Hawaii.

Here’s a quick snapshot of the top ten states for chief executive officer salaries:

  1. Hawaii (Jobs)

  2. Nevada (Jobs)

  3. New Jersey (Jobs)

  4. New York (Jobs)

  5. Connecticut (Jobs)

  6. California (Jobs)

  7. Texas (Jobs)

  8. Virginia (Jobs)

  9. Minnesota (Jobs)

  10. Illinois (Jobs)

Let’s take a look at how we got here and a full ranking of all the states.

Highest-Paid Chief Executive Officers By State

Rank State Average Chief Executive Officer Salary 10th Percentile 90th Percentile
1 Hawaii $191,313 $133,000 $275,000
2 Nevada $182,253 $124,000 $266,000
3 New Jersey $180,498 $122,000 $265,000
4 New York $174,696 $117,000 $260,000
5 Connecticut $172,877 $115,000 $259,000
6 California $171,074 $114,000 $256,000
7 Texas $166,783 $109,000 $254,000
8 Virginia $164,430 $107,000 $251,000
9 Minnesota $162,546 $105,000 $249,000
10 Illinois $161,050 $103,000 $249,000
11 Washington $160,529 $105,000 $245,000
12 Louisiana $159,627 $102,000 $248,000
13 Pennsylvania $159,220 $102,000 $246,000
14 Michigan $159,144 $102,000 $247,000
15 Massachusetts $158,545 $102,000 $246,000
16 Maryland $157,500 $101,000 $244,000
17 Delaware $157,008 $101,000 $243,000
18 South Carolina $156,510 $99,000 $245,000
19 Georgia $154,288 $97,000 $243,000
20 Nebraska $151,206 $95,000 $238,000
21 Rhode Island $150,469 $95,000 $237,000
22 Colorado $147,240 $92,000 $233,000
23 North Carolina $144,192 $89,000 $232,000
24 Oregon $143,235 $90,000 $227,000
25 Tennessee $142,091 $87,000 $231,000
26 Florida $141,788 $87,000 $229,000
27 Ohio $141,718 $87,000 $229,000
28 Arizona $141,312 $88,000 $225,000
29 Indiana $141,043 $86,000 $229,000
30 West Virginia $140,689 $86,000 $228,000
31 New Hampshire $140,421 $86,000 $227,000
32 Kansas $133,054 $80,000 $219,000
33 Wisconsin $132,226 $79,000 $218,000
34 Alabama $132,080 $79,000 $219,000
35 Vermont $131,468 $79,000 $217,000
36 New Mexico $130,606 $79,000 $213,000
37 Missouri $128,806 $77,000 $214,000
38 Kentucky $127,897 $76,000 $214,000
39 Mississippi $122,579 $72,000 $207,000
40 Iowa $121,425 $71,000 $204,000
41 Arkansas $117,994 $69,000 $201,000
42 South Dakota $117,703 $70,000 $197,000
43 North Dakota $117,603 $70,000 $195,000
44 Utah $116,718 $69,000 $194,000
45 Maine $114,004 $66,000 $195,000
46 Idaho $113,145 $67,000 $189,000
47 Oklahoma $105,159 $60,000 $182,000
48 Wyoming $98,915 $57,000 $169,000
49 Montana $92,104 $54,000 $155,000
50 Alaska $91,625 $53,000 $157,000

Methodology: Chief Executive Officer Salary By State

To better understand chief executive officer pay by state, Zippia has aggregated data across a multitude of channels including the BLS, FLC, and OPM. We then supplement that data with actual listed salaries from job posts. Finally, the data science team calculates a weighted average of these inputs to create an average pay for chief executive officers by state.

We took the average annual salary data for chief executive officers from these estimates and ranked every state on this criteria with the state with the highest salary ranking as highest average salary for chief executive officers.

Chief Executive Officer Salary By State FAQs

  1. What is the highest-paid state for chief executive officers?

    The highest-paid state for chief executive officers is Hawaii with an average salary of $191,313 per year.

  2. What city pays chief executive officers the most?

    Urban Honolulu, HI pays chief executive officers the most with an average salary of $247,076 per year.

  3. What is the worst state for chief executive officers?

    The worst state for chief executive officers is Alaska with an average salary of $91,625 per year.

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Author

Chris Kolmar

Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.

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