Chief Executive Officer Salary in Michigan
Based on 5K+ workers in Michigan
Median Annual Salary (MI)
$255,560
$122.87/hr
vs National Average
$212,619
+20.2% vs national median
Salary Range (10th–90th)
$104K – $547K
5K employed in Michigan
The median Chief Executive Officer salary in Michigan is $255,560 per year, positioning the state above the national average. With approximately 4,950 CEOs employed across the state, Michigan's executive compensation reflects the region's strong business sector. Salaries in this role typically range from $104,010 to $547,090 annually, demonstrating significant variation based on individual circumstances.
Chief Executive Officer salary in Michigan is influenced by several key factors, including company size, industry sector, and organizational profitability. Larger corporations and those in manufacturing or finance tend to offer higher compensation packages. Years of experience, educational background, and the company's geographic location within Michigan also play important roles in determining executive pay levels.
Salary Distribution — Chief Executive Officer in Michigan
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $104,010 |
| 25th percentile | $160,010 |
| Median (50th percentile) | $255,560 |
| 75th percentile | $405,120 |
| 90th percentile | $547,090 |
Top-Paying Industries for Chief Executive Officer (U.S.)
Which industries pay Chief Executive Officers the most — nationwide figures (industry-level data is not available by state). Chief Executive Officers in Michigan tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Management of Companies and Enterprises | $358,310 | 15K |
| Finance and Insurance | $316,050 | 17K |
| Mining, Quarrying, and Oil and Gas Extraction | $311,120 | 680 |
| Information | $275,030 | 9K |
| Manufacturing | $263,290 | 11K |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Chief Executive Officer in Michigan vs National
| Year | Median Salary (Michigan) |
|---|---|
| 2024 | $219,230 |
| 2025 | $255,560 |
| 2026 (projected) | $270,894 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Michigan Median | National Median |
|---|---|---|
| 2024 | $219,230 | $176,421 |
| 2025 | $255,560 | $212,619 |
| 2026 (projected) | $270,894 | $225,376 |
Chief Executive Officer Salary by Experience Level in Michigan
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $160,010 |
| Mid-level | 3-5 yrs | $255,560 |
| Senior | 6-9 yrs | $405,120 |
| Staff / Lead | 10+ yrs | $547,090 |
Chief Executive Officer Salary in Other States
Related Chief Executive Officer Salaries in Michigan
How other high-demand occupations in Michigan compare to Chief Executive Officer ($255,560 median).
| Occupation | Median Salary | vs Chief Executive Officer | Hourly |
|---|---|---|---|
| Purchasing Manager in MI | $142,120 | -44.4% | $68.33/hr |
| Human Resources Manager in MI | $138,930 | -45.6% | $66.79/hr |
| Marketing Manager in MI | $138,510 | -45.8% | $66.59/hr |
| Sales Manager in MI | $136,870 | -46.4% | $65.80/hr |
| Industrial Production Manager in MI | $120,660 | -52.8% | $58.01/hr |
| Training and Development Manager in MI | $118,630 | -53.6% | $57.03/hr |
| Public Relations Manager in MI | $117,900 | -53.9% | $56.68/hr |
| Administrative Services Manager in MI | $108,210 | -57.7% | $52.02/hr |
| Construction Manager in MI | $103,230 | -59.6% | $49.63/hr |
| Project Management Specialist in MI | $100,970 | -60.5% | $48.54/hr |
| General and Operations Manager in MI | $99,530 | -61.1% | $47.85/hr |
| Management Analyst in MI | $93,640 | -63.4% | $45.02/hr |
Frequently Asked Questions
How much do CEOs make in Michigan?
- The median CEO salary in Michigan is $255,560 per year, which translates to approximately $123 per hour. This is 20.2% higher than the national average for CEO positions.
What is the salary range for a CEO in Michigan?
- CEO salaries in Michigan range from a low of $104,010 to a high of $547,090 per year, depending on factors such as company size, industry, and experience level.
Is being a CEO in Michigan better paid than the national average?
- Yes, Michigan CEOs earn 20.2% more than the national average, with a median salary of $255,560 compared to lower national figures, making it a competitive market for executive compensation.
How many CEOs are employed in Michigan?
- There are approximately 4,950 CEOs currently employed in Michigan across various industries and company sizes.