Chief Executives Salary in Michigan
Chief Executives in Michigan make a median of $219,230 a year, or about $105.4 an hour. Entry-level workers start around $96K. (BLS did not publish a top-end figure for this area.)
AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)
So what does $219K get you in Michigan?
About chief executives
Compensation breakdown
Annual earnings by percentile, Michigan
Entry-level chief executives (10th percentile) start around $96K. Mid-career wages sit at $219K.BLS did not publish 90th percentile data for this occupation in this area (sample size too small).
Chief Executives pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Hawaii | $232K | +12% | 570 |
| California | $221K | +7% | 36,980 |
| Pennsylvania | $221K | +7% | 14,140 |
| New York | $219K | +6% | 7,830 |
| Michigan | $219K | +6% | 3,940 |
| Rhode Island | $212K | +3% | N/A |
| Wisconsin | $209K | +1% | 4,440 |
| Ohio | $209K | +1% | 4,430 |
| Nebraska | $206K | -0% | 2,790 |
| Indiana | $206K | -0% | 2,200 |
| Georgia | $202K | -2% | 5,440 |
| Montana | $194K | -6% | 630 |
| Minnesota | $194K | -6% | 6,690 |
| Delaware | $190K | -8% | 440 |
| West Virginia | $182K | -12% | 1,390 |
Track chief executives salary changes
BLS updates this data quarterly. We'll email you when Michigan numbers change.
Related careers in Management
Frequently asked questions
How much do chief executives make in Michigan?
The median is $219,230 a year - that works out to about $105.4 an hour. The range is wide: entry-level workers start around $96,420. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $219K enough to live in Michigan?
On that salary, you'd take home roughly $12,769/month after taxes. A 2-bedroom here rents for about $1,412/month, which eats 11.1% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a chief executives salary go in Michigan?
Michigan has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median chief executives salary is worth about $219,230 in national-average purchasing power.
Where do chief executives get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.