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The position of an Associate Business Manager is critical across various sectors, responsible for managing teams and streamlining operations. As of October 2025, the average salary for this role is $99,201 per year. Salary can vary significantly based on factors such as geographic location, industry, and experience level.
States like California and New York often offer higher salaries due to the cost of living and demand for skilled professionals. For instance, the highest-paying states for Associate Business Managers include:
Additionally, experience plays a crucial role in determining salary. Professionals with several years of experience can expect higher compensation, making it essential for job seekers to not only focus on entry-level positions but also consider long-term career growth opportunities in this field.
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| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level associate business manager | $40,900 | $19.64 |
| Mid-level associate business manager | $63,100 | $30.34 |
| Senior-level associate business manager | $114,000 | $55.01 |
The average associate business manager salary in Washington, New Jersey, and New York are the highest in the U.S. The lowest average associate business manager salary states are Wyoming, Mississippi, and Florida.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | District of Columbia | $152,205 | $73.18 |
| 2 | Wisconsin | $100,032 | $48.09 |
| 3 | Nevada | $104,867 | $50.42 |
| 4 | Washington | $118,435 | $56.94 |
| 5 | Indiana | $96,564 | $46.42 |
| 6 | Connecticut | $114,340 | $54.97 |
| 7 | New Jersey | $117,938 | $56.70 |
| 8 | Alaska | $107,213 | $51.54 |
| 9 | Virginia | $108,602 | $52.21 |
| 10 | Illinois | $99,611 | $47.89 |
| 11 | New York | $116,173 | $55.85 |
| 12 | California | $105,124 | $50.54 |
| 13 | Michigan | $95,352 | $45.84 |
| 14 | Pennsylvania | $97,269 | $46.76 |
| 15 | Rhode Island | $112,489 | $54.08 |
| 16 | Massachusetts | $111,490 | $53.60 |
| 17 | New Hampshire | $95,544 | $45.93 |
| 18 | Minnesota | $95,686 | $46.00 |
| 19 | Delaware | $100,564 | $48.35 |
| 20 | Colorado | $100,776 | $48.45 |
| 21 | Iowa | $90,688 | $43.60 |
| 22 | Ohio | $90,013 | $43.28 |
| 23 | South Dakota | $95,757 | $46.04 |
| 24 | North Carolina | $95,380 | $45.86 |
| 25 | Nebraska | $95,025 | $45.69 |
| 26 | Maine | $93,483 | $44.94 |
| 27 | Maryland | $97,995 | $47.11 |
| 28 | Alabama | $78,070 | $37.53 |
| 29 | Arizona | $85,707 | $41.21 |
| 30 | Kentucky | $75,797 | $36.44 |
| 31 | South Carolina | $82,870 | $39.84 |
| 32 | Utah | $75,888 | $36.48 |
| 33 | Tennessee | $74,557 | $35.84 |
| 34 | Georgia | $80,333 | $38.62 |
| 35 | Missouri | $76,955 | $37.00 |
| 36 | North Dakota | $89,215 | $42.89 |
| 37 | Texas | $82,128 | $39.48 |
| 38 | West Virginia | $75,388 | $36.24 |
| 39 | New Mexico | $84,941 | $40.84 |
| 40 | Kansas | $72,845 | $35.02 |
| 41 | Arkansas | $64,853 | $31.18 |
| 42 | Oregon | $84,337 | $40.55 |
| 43 | Louisiana | $71,000 | $34.13 |
| 44 | Montana | $73,335 | $35.26 |
| 45 | Idaho | $80,623 | $38.76 |
| 46 | Vermont | $81,569 | $39.22 |
| 47 | Hawaii | $54,972 | $26.43 |
| 48 | Florida | $65,175 | $31.33 |
| 49 | Oklahoma | $62,876 | $30.23 |
| 50 | Mississippi | $65,644 | $31.56 |
| 51 | Wyoming | $66,940 | $32.18 |
The highest-paying cities for associate business managers are Redmond, WA, San Francisco, CA, and Jersey City, NJ.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Redmond, WA | $119,625 | $57.51 |
| 2 | San Francisco, CA | $119,101 | $57.26 |
| 3 | Jersey City, NJ | $118,331 | $56.89 |
| 4 | New York, NY | $116,376 | $55.95 |
| 5 | Hartford, CT | $114,368 | $54.98 |
| 6 | Chicopee, MA | $111,794 | $53.75 |
| 7 | Arlington, VA | $110,590 | $53.17 |
| 8 | Aurora, CO | $100,643 | $48.39 |
| 9 | Chicago, IL | $100,148 | $48.15 |
| 10 | Philadelphia, PA | $97,784 | $47.01 |
| 11 | Indianapolis, IN | $96,437 | $46.36 |
| 12 | Omaha, NE | $95,828 | $46.07 |
| 13 | Minneapolis, MN | $95,748 | $46.03 |
| 14 | Detroit, MI | $95,633 | $45.98 |
| 15 | Hickory, NC | $93,726 | $45.06 |
| 16 | Columbus, OH | $89,728 | $43.14 |
| 17 | Austin, TX | $82,741 | $39.78 |
| 18 | Alpharetta, GA | $81,488 | $39.18 |
| 19 | Hazelwood, MO | $79,046 | $38.00 |
| 20 | Overland Park, KS | $73,567 | $35.37 |
An associate business manager's salary ranges from $67,000 a year at the 10th percentile to $146,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $146,000 | $12,167 | $70 |
| 75th Percentile | $121,000 | $10,083 | $58 |
| Average | $99,201 | $8,267 | $48 |
| 25th Percentile | $80,000 | $6,667 | $38 |
| 10th Percentile | $67,000 | $5,583 | $32 |
The highest paying types of associate business managers are senior business manager, senior business development manager, and regional business manager.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Business Director | $124,563 | $10,380 | $59.89 | 137,880 |
| Business Development Account Manager | $99,209 | $8,267 | $47.70 | 222,573 |
| Manager Of Business Services | $98,244 | $8,187 | $47.23 | 313,139 |
| Business Manager-Finance Manager | $106,036 | $8,836 | $50.98 | 180,161 |
| Business Relationship Manager | $87,741 | $7,312 | $42.18 | 114,003 |
| Business Leader | $90,430 | $7,536 | $43.48 | 117,296 |
Top companies hiring associate business managers now:
Associate business manager salaries at Sumitomo Mitsui Financial Group and J.P. Morgan are the highest-paying according to our most recent salary estimates. In addition, the average associate business manager salary at companies like UBS and Bayer are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Sumitomo Mitsui Financial Group | $136,869 | $65.80 |
| 2 | J.P. Morgan | $132,889 | $63.89 |
| 3 | UBS | $125,968 | $60.56 |
| 4 | Bayer | $124,495 | $59.85 |
| 5 | AbbVie | $124,276 | $59.75 |
| 6 | Workday | $123,437 | $59.34 |
| 7 | JPMorgan Chase & Co. | $122,351 | $58.82 |
| 8 | Stryker | $120,933 | $58.14 |
| 9 | HSBC Bank | $118,866 | $57.15 |
| 10 | Gilead Sciences | $118,187 | $56.82 |
| 11 | Virtusa | $115,486 | $55.52 |
| 12 | SC Johnson | $115,084 | $55.33 |
| 13 | Natixis North America LLC | $111,549 | $53.63 |
| 14 | Medidata | $111,498 | $53.60 |
| 15 | Visa | $111,179 | $53.45 |
| 16 | Smithfield Foods | $111,023 | $53.38 |
| 17 | Mylan | $110,561 | $53.15 |
| 18 | Warner Music Group | $110,546 | $53.15 |
| 19 | BlackRock | $110,370 | $53.06 |
| 20 | General Mills | $109,156 | $52.48 |
The average associate business manager salary varies across industries:
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $123,743 | $59.49 |
| 2 | Manufacturing | $118,089 | $56.77 |
| 3 | Media | $117,201 | $56.35 |
| 4 | Energy | $97,185 | $46.72 |
| 5 | Professional | $87,771 | $42.20 |
The average associate business manager salary has risen by $8,135 over the last ten years. In 2014, the average associate business manager earned $91,066 annually, but today, they earn $99,201 a year. That works out to a 4% change in pay for associate business managers over the last decade.
Compare associate business manager salaries for cities or states with the national average over time.
Compare associate business manager salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $99,200 | $47.69 | +2.8% |
| 2024 | $96,500 | $46.37 | -0.1% |
| 2023 | $96,600 | $46.44 | +0.5% |
| 2022 | $96,100 | $46.20 | +1.1% |
| 2021 | $95,000 | $45.70 | +1.6% |
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