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This question is about business owner salaries.
What is a good starting salary for a Business Owner?
A good starting salary for a business owner is $45,000 in the United States. That puts you in the 10th percentile of annual income for a business owner in the U.S., which is about what you would expect if you were new to the field. The average salary for business owners is $83,147, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a business owner can vary by state, as we show below.
What Is A Good Entry-Level Business Owner Salary By State?
The following table shows how much an entry level business owner earns in each state. Zippia used data from the BLS, public records, and job postings to create these estimates.
| State | Starting Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| California | $114,000 | $9,500 | $2,192 | $54.81 |
| Washington | $107,000 | $8,916 | $2,057 | $51.44 |
| Alaska | $100,000 | $8,333 | $1,923 | $48.08 |
| Nevada | $95,000 | $7,916 | $1,826 | $45.67 |
| Colorado | $93,000 | $7,750 | $1,788 | $44.71 |
| New York | $92,000 | $7,666 | $1,769 | $44.23 |
| New Jersey | $92,000 | $7,666 | $1,769 | $44.23 |
| Oregon | $89,000 | $7,416 | $1,711 | $42.79 |
| District of Columbia | $88,000 | $7,333 | $1,692 | $42.31 |
| Massachusetts | $86,000 | $7,166 | $1,653 | $41.35 |
| New Mexico | $85,000 | $7,083 | $1,634 | $40.87 |
| Texas | $85,000 | $7,083 | $1,634 | $40.87 |
| Connecticut | $84,000 | $7,000 | $1,615 | $40.38 |
| Louisiana | $83,000 | $6,916 | $1,596 | $39.9 |
| Rhode Island | $82,000 | $6,833 | $1,576 | $39.42 |
| Delaware | $81,000 | $6,750 | $1,557 | $38.94 |
| South Dakota | $80,000 | $6,666 | $1,538 | $38.46 |
| Virginia | $79,000 | $6,583 | $1,519 | $37.98 |
| Arizona | $78,000 | $6,500 | $1,500 | $37.5 |
| Wisconsin | $76,000 | $6,333 | $1,461 | $36.54 |
| Wyoming | $75,000 | $6,250 | $1,442 | $36.06 |
| Minnesota | $75,000 | $6,250 | $1,442 | $36.06 |
| Alabama | $74,000 | $6,166 | $1,423 | $35.58 |
| Maryland | $74,000 | $6,166 | $1,423 | $35.58 |
| Pennsylvania | $73,000 | $6,083 | $1,403 | $35.1 |
| Idaho | $73,000 | $6,083 | $1,403 | $35.1 |
| Illinois | $72,000 | $6,000 | $1,384 | $34.62 |
| Hawaii | $72,000 | $6,000 | $1,384 | $34.62 |
| North Carolina | $71,000 | $5,916 | $1,365 | $34.13 |
| Oklahoma | $71,000 | $5,916 | $1,365 | $34.13 |
| Utah | $71,000 | $5,916 | $1,365 | $34.13 |
| Tennessee | $70,000 | $5,833 | $1,346 | $33.65 |
| New Hampshire | $70,000 | $5,833 | $1,346 | $33.65 |
| Georgia | $69,000 | $5,750 | $1,326 | $33.17 |
| Ohio | $68,000 | $5,666 | $1,307 | $32.69 |
| Michigan | $67,000 | $5,583 | $1,288 | $32.21 |
| Indiana | $65,000 | $5,416 | $1,250 | $31.25 |
| Kansas | $65,000 | $5,416 | $1,250 | $31.25 |
| Missouri | $65,000 | $5,416 | $1,250 | $31.25 |
| Nebraska | $65,000 | $5,416 | $1,250 | $31.25 |
| Montana | $64,000 | $5,333 | $1,230 | $30.77 |
| South Carolina | $63,000 | $5,250 | $1,211 | $30.29 |
| North Dakota | $63,000 | $5,250 | $1,211 | $30.29 |
| Maine | $62,000 | $5,166 | $1,192 | $29.81 |
| Arkansas | $61,000 | $5,083 | $1,173 | $29.33 |
| Iowa | $61,000 | $5,083 | $1,173 | $29.33 |
| Florida | $58,000 | $4,833 | $1,115 | $27.88 |
| West Virginia | $56,000 | $4,666 | $1,076 | $26.92 |
| Mississippi | $56,000 | $4,666 | $1,076 | $26.92 |
| Kentucky | $55,000 | $4,583 | $1,057 | $26.44 |
| Vermont | $51,000 | $4,250 | $980 | $24.52 |
What are The 10 Highest Paying Cities for Entry-Level Business Owner Jobs?
We've identified 10 cities where the typical salary for an entry level business owner job is above the national average. Topping the list is San Francisco, CA.
| City | Starting Salary | Monthly Pay | Weekly Pay | Hourly Wage |
| San Francisco, CA | $142,000 | $11,833 | $2,730 | $68.27 |
| Seattle, WA | $124,000 | $10,333 | $2,384 | $59.62 |
| Colorado Springs, CO | $113,000 | $9,416 | $2,173 | $54.33 |
| New York, NY | $112,000 | $9,333 | $2,153 | $53.85 |
| Boston, MA | $105,000 | $8,750 | $2,019 | $50.48 |
| Dallas, TX | $104,000 | $8,666 | $2,000 | $50.0 |
| Hartford, CT | $103,000 | $8,583 | $1,980 | $49.52 |
| Portland, OR | $101,000 | $8,416 | $1,942 | $48.56 |
| Arlington, VA | $98,000 | $8,166 | $1,884 | $47.12 |
| Phoenix, AZ | $94,000 | $7,833 | $1,807 | $45.19 |
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