National median annual wage for this occupation.
Chief executives
Explore national salary, projected growth, education requirements, and career opportunities across the United States.
National Snapshot
A concise view of this occupation’s national scale, compensation, and projected demand.
Estimated jobs currently supported nationwide.
Projected employment change through 2034.
Estimated openings created each year.
Preparation
The typical education, prior experience, and on-the-job training associated with entry into this career.
Education
Bachelor's degree
Experience
5 years or more
Training
None
Top Skills for Success
These are the highest-rated capabilities associated with success in this occupation. Scores are derived from occupational skill analysis and are measured on a 100-point scale.
Careers You'll Also Love
Based on skills, knowledge, and work activities, these occupations are the closest match to your current career.
Legislators
Education administrators, kindergarten through secondary
Education administrators, all other
Medical and health services managers
Management analysts
Best Places for This Career
Explore the states and metropolitan areas offering the strongest combination of salary, employment, demand, and long-term opportunity.
Best Metro Areas
Discover metro markets where compensation, hiring demand, and long-term momentum align.
- Top-paying cities
- Fast-growing markets
- Local opportunity rankings
Career Analysis for Chief Executives
Understand the salary, outlook, education, and geographic opportunities shaping this career.
Is Chief executives a Good Career?
Chief executives occupy some of the most senior leadership roles in organizations, guiding strategy and major decisions. Nationally, there are about 309,000 people working in these positions, and employment is projected to grow by 4.3%. This combination of an established employment base and positive projected growth suggests an ongoing need for experienced leaders. The national median annual salary of $206,420 reflects the high level of responsibility, decision-making, and leadership required. Chief executives rely heavily on skills such as leadership, problem solving and decision making, project management, and critical and analytical thinking. Strong speaking and listening, along with writing and reading, are also central to communicating vision and direction. Creativity and innovation, customer service awareness, mathematics, and adaptability round out the core skill set. For students, career changers, and professionals who want to lead organizations at the highest level, this path offers significant opportunity paired with demanding expectations.
Chief Executives Salary
Chief executives have very strong earning potential. The national median annual salary is $206,420, already indicating high compensation. Several states offer even higher medians. Washington stands out with a median salary of $339,810, followed by Virginia at $310,740, New York at $257,980, Maryland at $248,660, and California at $218,600. Among metro areas, Seattle-Tacoma-Bellevue, WA reports a median salary of $370,000, the highest listed. New York-Newark-Jersey City, NY-NJ has a median of $301,440, San Francisco-Oakland-Fremont, CA is at $288,690, Los Angeles-Long Beach-Anaheim, CA at $234,290, and Boulder, CO at $216,400. These figures show substantial variation by location, with certain states and metros offering significantly higher median pay than the national figure. Overall, the salary profile for chief executives is strong, and geographic choices can make a major difference in earnings.
Job Outlook for Chief Executives
Chief executives currently account for about 309,000 jobs nationally. Employment is projected to grow by 4.3%, indicating that positions are expected to expand over time. In addition, there are an estimated 22,000 annual openings. This combination of an existing large employment base, projected growth, and recurring openings creates a steady flow of opportunities for qualified candidates. The consistent 4.3% projected growth also appears in several key states and metro areas, aligning local and national outlooks. Because chief executive roles are highly responsible and often competitive, the presence of thousands of openings each year is particularly important for career planners. People interested in moving into these roles can view the projected growth and annual openings as signals that advancement into executive leadership should remain possible across a variety of organizations, especially for those who build the right mix of education and skills.
Where Are the Best Opportunities for Chief Executives?
Location can significantly shape opportunity for chief executives. At the state level, California has the largest listed employment with 34,700 positions, a median salary of $218,600, and an opportunity score of 67.38. New York offers a higher median salary of $257,980 with 8,430 employed and an opportunity score of 65.78. Washington and Virginia stand out for very high median salaries—$339,810 and $310,740, respectively—paired with opportunity scores above 54. Maryland combines a median salary of $248,660 with an opportunity score of 52.88. All of these top states share the same 4.3% projected growth rate. Among metro areas, New York-Newark-Jersey City, NY-NJ has an especially strong opportunity score of 77.27, a median salary of $301,440, and employment of 7,180. San Francisco-Oakland-Fremont, CA and Los Angeles-Long Beach-Anaheim, CA offer large employment bases and high median salaries. Seattle-Tacoma-Bellevue, WA reports a very high median salary of $370,000 with an opportunity score of 61.92. Boulder, CO, while smaller with 110 employed, still shows a solid opportunity score and strong median pay.
Education for Chief Executives
Typical preparation for chief executives includes earning a bachelor’s degree. This educational level provides a foundation for the broad mix of skills needed in senior leadership roles. Success in these positions depends heavily on leadership and strong problem solving and decision making. Project management and critical and analytical thinking help chief executives plan, prioritize, and evaluate complex initiatives. Speaking and listening skills are essential for communicating direction and understanding stakeholder needs, while writing and reading support clear documentation and analysis. Creativity and innovation enable executives to explore new approaches, and customer service skills keep the focus on those the organization serves. Mathematics supports quantitative aspects of decision making, and adaptability helps leaders respond to changing conditions. For students and professionals, combining a bachelor’s degree with development in these specific skills aligns closely with the typical profile for this career.
Turn career data into a location strategy.
Use CareerGPS Pro to compare markets, understand the tradeoffs, and focus on the places with the strongest potential.
