Chief Executive salary in Traverse City, MI
Chief Executives in the Traverse City, MI metro area earn a median of $248,510 a year ($119.47 an hour), based on BLS data for 60 workers.
Pay ranges from $93,040 for the lowest-paid 10% to $431,160 for the top 10%. That is 16% higher than the national median of $213,990. Pay here is 3% lower than the Michigan statewide median of $255,560. There are 0.94 chief executives per 1,000 jobs here — the job is less common than nationally (location quotient 0.72). The average (mean) salary is $273,420, above the median because a few high earners pull it up.
Pay range for chief executives in Traverse City, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $93,040 | $44.73 |
| 25th percentile | $129,310 | $62.17 |
| Median | $248,510 | $119.47 |
| 75th percentile | $400,060 | $192.34 |
| 90th percentile (top earners) | $431,160 | $207.29 |
| Average (mean) | $273,420 | $131.45 |
Half of chief executives earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $20,709.17 |
| Semi-monthly (24 a year) | $10,354.58 |
| Biweekly (26 a year) | $9,558.08 |
| Weekly | $4,779.04 |
| Hourly | $119.47 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Chief Executive salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Midland, MI | $587,950 | 60 |
| Ann Arbor, MI | $335,900 | 260 |
| Detroit-Warren-Dearborn, MI | $304,110 | 2,070 |
| Jackson, MI | $298,440 | 60 |
| Kalamazoo-Portage, MI | $285,300 | 150 |
| South Bend-Mishawaka, IN-MI | $261,280 | 60 |
| Grand Rapids-Wyoming-Kentwood, MI | $248,660 | 540 |
| Bay City, MI | $247,680 | 40 |
| Monroe, MI | $244,760 | 40 |
| Battle Creek, MI | $211,560 | 60 |
| Niles, MI | $210,620 | 60 |
| Saginaw, MI | $200,190 | 90 |
| Flint, MI | $197,790 | 110 |
| Lansing-East Lansing, MI | $190,650 | 320 |
| Muskegon-Norton Shores, MI | $177,090 | 70 |
Highest-paying states for chief executives
| State | Median salary |
|---|---|
| Oregon | $341,630 |
| Washington | $339,810 |
| Illinois | $331,920 |
| North Carolina | $314,290 |
| Virginia | $310,740 |
| New Jersey | $310,440 |
| Connecticut | $295,120 |
| Hawaii | $281,640 |
| South Dakota | $280,900 |
| New York | $257,980 |
See Chief Executive pay in every state or the Michigan statewide figures.
Related jobs in Traverse City, MI
| Job | Median salary | Hourly |
|---|---|---|
| General and Operations Managers | $84,300 | $40.53 |
| Financial Manager | $119,810 | $57.60 |
| Medical and Health Services Managers | $104,610 | $50.29 |
| Sales Manager | $104,090 | $50.04 |
| Construction Manager | $97,540 | $46.90 |
| Food Service Manager | $62,520 | $30.06 |
| Industrial Production Manager | $104,390 | $50.19 |
| Education Administrators, Kindergarten through Secondary | $102,390 | — |
| Social and Community Service Managers | $78,420 | $37.70 |
| Computer and Information Systems Managers | $141,450 | $68.01 |
| Transportation, Storage, and Distribution Managers | $93,260 | $44.84 |
| Administrative Services Manager | $93,960 | $45.18 |
| Facilities Manager | $79,770 | $38.35 |
| Managers, All Other | $110,070 | $52.92 |
More: Management Occupations · all salaries in Traverse City, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 11-1011. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a chief executive make in Traverse City, MI?
The median salary for chief executives in the Traverse City, MI metro area is $248,510 a year, or $119.47 an hour. Pay ranges from $93,040 for the lowest-paid 10% to $431,160 for the top 10%.
How much do the highest-paid chief executives make in Traverse City, MI?
The top 10% of chief executives in the Traverse City, MI metro area earn at least $431,160 a year. The top 25% earn $400,060 or more.
What is the starting pay for chief executives in Traverse City, MI?
Entry-level pay (the 10th percentile) is about $93,040 a year, and a quarter of chief executives earn $129,310 or less.
How many chief executives work in Traverse City, MI?
About 60 chief executives are employed in the Traverse City, MI metro area, not counting the self-employed.