Chief Executives Salary
Chief Executives in Virginia Beach-Chesapeake-Norfolk, VA-NC make a median of $297,350 a year, or about $142.96 an hour. The range runs from $124K at the entry level to $612K for experienced workers. Adjusted for local prices (RPP 97.94), that's roughly $303,604 in purchasing power. Rent on a 2-bedroom averages $1,713/month, or 10.1% of estimated take-home pay.
So what does $297K get you in Virginia Beach-Chesapeake-Norfolk?
Groceries, utilities, transportation, and healthcare scaled from national averages by Virginia Beach-Chesapeake-Norfolk’s Regional Price Parity (97.94). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About chief executives
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What this looks like in Virginia Beach-Chesapeake-Norfolk
Virginia Beach-Chesapeake-Norfolk sits well above the national pay line for chief executives, local pay runs about 39% higher than the U.S. median of $214K. Housing is manageable: a 2-bedroom at the HUD median costs $1,713/month, 10.5% of take-home, well inside the 30% guideline. Cost of living (RPP 97.94) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Virginia Beach-Chesapeake-Norfolk offers a genuinely strong financial position for chief executivess at the median.
Compared to nearby metros
Median pay for chief executives in metros near Virginia Beach-Chesapeake-Norfolk, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Richmond | $326K | $333K |
| Charlottesville | $318K | $321K |
| Lynchburg | $219K | $246K |
| Roanoke | $258K | $276K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Virginia Beach-Chesapeake-Norfolk, VA-NC
Entry-level chief executives (10th percentile) start around $124K. Mid-career wages sit at $297K. Top earners bring in $612K or more, a $488K spread from bottom to top.
Chief Executives pay across states
Median income ranked highest to lowest, compared to the national figure
View Chief Executives salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Oregon | $342K | +60% | 910 |
| Washington | $340K | +59% | 3,170 |
| Illinois | $332K | +55% | 4,620 |
| North Carolina | $314K | +47% | 1,930 |
| Virginia | $311K | +45% | 4,870 |
| New Jersey | $310K | +45% | 2,430 |
| Connecticut | $295K | +38% | 1,660 |
| Hawaii | $282K | +32% | 470 |
| South Dakota | $281K | +31% | 510 |
| New York | $258K | +21% | 8,430 |
| Texas | $258K | +20% | 8,780 |
| Michigan | $256K | +19% | 4,950 |
| Indiana | $254K | +19% | 1,820 |
| Maryland | $249K | +16% | 3,180 |
| Rhode Island | $235K | +10% | 460 |
| Pennsylvania | $233K | +9% | 8,850 |
| California | $219K | +2% | 34,700 |
| Nebraska | $215K | +0% | 2,510 |
| Colorado | $213K | -0% | N/A |
| Iowa | $211K | -1% | 3,050 |
| Wisconsin | $208K | -3% | N/A |
| Georgia | $208K | -3% | 4,080 |
| Delaware | $200K | -7% | 390 |
| Tennessee | $199K | -7% | 4,700 |
| Minnesota | $196K | -9% | 6,740 |
| Montana | $182K | -15% | 670 |
| Kentucky | $180K | -16% | 2,070 |
| Idaho | $177K | -17% | 2,920 |
| Ohio | $176K | -18% | 4,470 |
| Vermont | $175K | -18% | 360 |
| Missouri | $172K | -19% | 2,550 |
| Utah | $172K | -20% | 3,140 |
| South Carolina | $169K | -21% | 1,740 |
| New Hampshire | $169K | -21% | N/A |
| Alaska | $167K | -22% | 640 |
| Alabama | $166K | -22% | 810 |
| North Dakota | $165K | -23% | 380 |
| Oklahoma | $164K | -23% | 2,390 |
| Kansas | $158K | -26% | 1,960 |
| West Virginia | $152K | -29% | 1,700 |
| Nevada | $150K | -30% | 1,370 |
| Wyoming | $148K | -31% | 60 |
| Mississippi | $139K | -35% | 310 |
| Maine | $139K | -35% | 1,580 |
| New Mexico | $124K | -42% | 100 |
| Arkansas | $120K | -44% | 3,550 |
Showing 1–10 of 46 states
BLS does not publish data for every state when sample sizes are too small
Track chief executives salary changes
BLS updates this data quarterly. We'll email you when Virginia Beach-Chesapeake-Norfolk numbers change.
Related careers in Management
Frequently asked questions
Can a chief executif afford a 2BR apartment alone in Virginia Beach-Chesapeake-Norfolk?
Yes — at the median salary of $297K, rent takes 10.5% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,713/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for chief executives in Virginia Beach-Chesapeake-Norfolk?
The 10th-percentile wage — what new chief executives typically earn — is $124K/year. Take-home on that works out to about $7,441/month. At HUD’s $1,713/month FMR, rent would take 23% of that take-home — manageable on an entry-level income.
Is chief executif a high-paying job in Virginia Beach-Chesapeake-Norfolk?
Local pay is 39% above the national median — $297K here vs. $214K nationally.
How does Virginia Beach-Chesapeake-Norfolk compare to the national average for chief executives?
Virginia Beach-Chesapeake-Norfolk pays $297K median vs. the U.S. average of $214K — that’s +39%. After adjusting for local cost of living (RPP 97.94), the purchasing-power equivalent is $304K — still ahead of the national median.
How much do chief executives make in Virginia Beach-Chesapeake-Norfolk, VA-NC?
The median is $297,350 a year, that works out to about $143 an hour. But the range is wide: entry-level workers start around $124,010, and experienced chief executives can clear $612,350. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $297K enough to live in Virginia Beach-Chesapeake-Norfolk?
On that salary, you'd take home roughly $16,358/month after taxes. A 2-bedroom here rents for about $1,713/month, which eats 10.5% 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 Virginia Beach-Chesapeake-Norfolk?
Virginia Beach-Chesapeake-Norfolk has a Regional Price Parity of 97.94 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median chief executives salary is worth about $303,604 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.