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Average business/commerce major salary
Average business/commerce major salary
Updated September 14, 2023
$72,934
What is the average business/commerce major salary in the US?
Business/commerce major graduates in America make an average salary of $72,934 per year or $35.06 per hour.The top 10 percent make over $123,000 per year, while the bottom 10 percent make under $42,000 per year.retail companies and technology companies are the best when it comes to the number of employment opportunities.Some of the states with the best salaries for business/commerce major graduates are New York,New Jersey, California, Connecticut, and Massachusetts.
Best paying cities
$86,309
$85,161
$84,275
Average business/commerce salary by company
Business/commerce major graduates can expect good job security. However, some industries pay higher than others.retail companies and technology companies tend to have the highest concentration of employment for business/commerce major graduates.Meta and Google are the highest paying companies.Companies like Apple and McKinsey & Company Inc also pay high salaries to business/commerce major graduates.
Average business/commerce major salary by city
Across America, business/commerce major graduates make on average $72,934 annually or $35.06 hourly.San Francisco, CA reports the highest annual salary for business/commerce majors at 86,309.The average entry-level salary in San Francisco, CA is $49,000.Other top cities with competitive salaries are New York, NY, Washington, DC, Washington, NJ, Hartford, CT, Boston, MA, and Seattle, WA.New York, New Jersey, California, Connecticut, and Massachusetts are the states with the highest payscale for business/commerce major graduates.The lowest earning states are North Dakota, Montana, Nebraska, Hawaii, and Mississippi.
Average salary by location
| Rank | City | Average business/commerce salary | Salary range |
|---|---|---|---|
| 1 | San Francisco, CA | $86,309 | $49k $115k |
| 2 | New York, NY | $85,161 | $49k $115k |
| 3 | Washington, DC | $84,275 | $49k $115k |
| 4 | Washington, NJ | $81,615 | $49k $115k |
| 5 | Hartford, CT | $79,322 | $49k $115k |
| 6 | Boston, MA | $78,202 | $49k $115k |
| 7 | Seattle, WA | $77,950 | $49k $115k |
| 8 | Baltimore, MD | $75,887 | $49k $115k |
| 9 | Arlington, VA | $75,670 | $49k $115k |
| 10 | Philadelphia, PA | $73,441 | $49k $115k |
| 11 | Portland, OR | $71,657 | $49k $115k |
| 12 | Raleigh, NC | $70,485 | $49k $115k |
| 13 | Las Vegas, NV | $69,298 | $49k $115k |
| 14 | Chicago, IL | $69,182 | $49k $115k |
| 15 | Cleveland, OH | $69,072 | $49k $115k |
| 16 | San Antonio, TX | $68,804 | $49k $115k |
| 17 | Phoenix, AZ | $67,895 | $49k $115k |
| 18 | Saint Paul, MN | $67,346 | $49k $115k |
| 19 | Milwaukee, WI | $66,221 | $49k $115k |
| 20 | Atlanta, GA | $66,094 | $49k $115k |
Average business/commerce major salary by state
The darker areas on the map show where business/commerce majors earn the highest salaries across all 50 states.
Average salary
Business/commerce major average salary by state
| State | Average business/commerce major salary | Average hourly rate |
|---|---|---|
| New York | $84,886 | $40.81 |
| New Jersey | $81,912 | $39.38 |
| California | $80,703 | $38.80 |
| Connecticut | $79,699 | $38.32 |
| Massachusetts | $78,186 | $37.59 |
| Washington | $77,409 | $37.22 |
| Delaware | $76,338 | $36.70 |
| Maryland | $75,689 | $36.39 |
| Rhode Island | $75,070 | $36.09 |
| Virginia | $74,685 | $35.91 |
| Pennsylvania | $72,966 | $35.08 |
| Oregon | $72,166 | $34.70 |
| New Hampshire | $71,146 | $34.20 |
| Nevada | $69,604 | $33.46 |
| North Carolina | $69,542 | $33.43 |
| Michigan | $69,140 | $33.24 |
| Illinois | $68,941 | $33.14 |
| Texas | $68,400 | $32.88 |
| Arizona | $67,859 | $32.62 |
| Ohio | $67,759 | $32.58 |
| Minnesota | $67,322 | $32.37 |
| Vermont | $67,031 | $32.23 |
| Georgia | $66,177 | $31.82 |
| Wisconsin | $66,034 | $31.75 |
| Colorado | $65,975 | $31.72 |
| Alaska | $65,515 | $31.50 |
| Indiana | $64,717 | $31.11 |
| Maine | $64,577 | $31.05 |
| West Virginia | $64,464 | $30.99 |
| New Mexico | $63,202 | $30.39 |
| South Carolina | $63,130 | $30.35 |
| Utah | $62,590 | $30.09 |
| Missouri | $62,547 | $30.07 |
| Tennessee | $62,520 | $30.06 |
| Kentucky | $62,274 | $29.94 |
| Alabama | $61,900 | $29.76 |
| Florida | $61,832 | $29.73 |
| Iowa | $61,702 | $29.66 |
| Louisiana | $61,397 | $29.52 |
| South Dakota | $61,291 | $29.47 |
| Idaho | $61,190 | $29.42 |
| Oklahoma | $60,356 | $29.02 |
| Kansas | $60,331 | $29.01 |
| Arkansas | $60,000 | $28.85 |
| North Dakota | $59,710 | $28.71 |
| Montana | $59,255 | $28.49 |
| Nebraska | $59,061 | $28.39 |
| Hawaii | $58,971 | $28.35 |
| Mississippi | $58,960 | $28.35 |
| Wyoming | $57,675 | $27.73 |
Salary history for business/commerce major graduates
This data shows the national average salary between 2011-2020 among Business/Commerce major graduates.
Business/commerce major salary by experience level
Average salary by experience level salaries by experience level
The salary for a business/commerce major graduate can range from $38,930 to $141,683 depending on the amount of work experience that the person has. Data on how experience level affects salary is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level average salary by experience level | $38,900 | $18.72 |
| Mid-level average salary by experience level | $64,900 | $31.22 |
| Senior-level average salary by experience level | $142,000 | $68.12 |
Salaries for related majors
| Rank | Major | Average salary | Range |
|---|---|---|---|
| 1 | Project Management | $92,381 | $30k $114k |
| 2 | Management Information Systems | $81,267 | $30k $114k |
| 3 | Construction Management | $78,318 | $30k $114k |
| 4 | Operations Management | $76,805 | $30k $114k |
| 5 | Business Economics | $72,447 | $30k $114k |
| 6 | Small Business Management | $70,935 | $30k $114k |
| 7 | Management Science | $68,844 | $30k $114k |
| 8 | Finance | $67,829 | $30k $114k |
| 9 | Supply Chain Management | $61,407 | $30k $114k |
| 10 | International Business | $58,124 | $30k $114k |
| 11 | Human Resources Management | $57,738 | $30k $114k |
| 12 | Real Estate | $56,531 | $30k $114k |
| 13 | Management | $56,332 | $30k $114k |
| 14 | Marketing | $56,295 | $30k $114k |
| 15 | Accounting | $54,425 | $30k $114k |
| 16 | Business | $50,670 | $30k $114k |
| 17 | Specialized Sales And Merchandising | $48,480 | $30k $114k |
| 18 | Business Communications | $44,181 | $30k $114k |
| 19 | Hospitality Management | $43,446 | $30k $114k |
| 20 | Secretarial And Administrative Science | $36,615 | $30k $114k |