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Business developer salary
Average business developer salary
$101,635
Average Business Developer Salary
The average salary for a Business Developer is approximately $101,635 per year. This figure can fluctuate based on various factors, including location, experience, and the industry of employment. For instance, business developers in high-demand areas or sectors may earn significantly more than those in smaller markets.
Industry Insights
Business developers often find higher salaries in industries such as technology, finance, and healthcare. For example, a business developer in the tech industry might command higher pay due to the competitive nature and the need for specialized skills.
State-by-State Breakdown
Salary expectations can also vary by state. States like California and New York typically offer some of the highest salaries for this role, reflecting the cost of living and demand for skilled professionals. Understanding these regional differences can help candidates target their job search effectively.
Career Path Opportunities
As a business developer, you can explore various career paths, including roles in sales, marketing, and project management. Upskilling and gaining experience can lead to higher-paying positions and more responsibilities, enhancing your overall career trajectory.
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Where can a Business Developer earn more?
Business developer salary estimates from across the web
Average business developer salary by state
The highest-paying states for business developers are California, Oregon, and Washington. The lowest average business developer salary states are Mississippi, Missouri, and Alabama.
- State view
- County view
Highest paying states for business developers
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Nevada | $108,339 | $52.09 |
| 2 | Kentucky | $110,912 | $53.32 |
| 3 | Washington | $124,124 | $59.67 |
| 4 | Oregon | $124,371 | $59.79 |
| 5 | District of Columbia | $115,840 | $55.69 |
| 6 | California | $128,440 | $61.75 |
| 7 | Ohio | $99,124 | $47.66 |
| 8 | Indiana | $101,647 | $48.87 |
| 9 | Alaska | $107,135 | $51.51 |
| 10 | Wisconsin | $99,469 | $47.82 |
| 11 | New York | $113,429 | $54.53 |
| 12 | Iowa | $98,490 | $47.35 |
| 13 | Georgia | $101,063 | $48.59 |
| 14 | Delaware | $108,390 | $52.11 |
| 15 | Pennsylvania | $105,807 | $50.87 |
| 16 | Utah | $101,310 | $48.71 |
| 17 | Nebraska | $94,109 | $45.24 |
| 18 | Idaho | $101,882 | $48.98 |
| 19 | New Mexico | $95,306 | $45.82 |
| 20 | South Dakota | $93,059 | $44.74 |
| 21 | Maryland | $114,011 | $54.81 |
| 22 | New Hampshire | $102,287 | $49.18 |
| 23 | Connecticut | $105,179 | $50.57 |
| 24 | Massachusetts | $101,486 | $48.79 |
| 25 | Minnesota | $91,763 | $44.12 |
| 26 | Rhode Island | $97,973 | $47.10 |
| 27 | Wyoming | $93,935 | $45.16 |
| 28 | Arkansas | $88,331 | $42.47 |
| 29 | North Carolina | $96,366 | $46.33 |
| 30 | Tennessee | $88,380 | $42.49 |
| 31 | Michigan | $88,603 | $42.60 |
| 32 | Illinois | $95,477 | $45.90 |
| 33 | Kansas | $85,626 | $41.17 |
| 34 | West Virginia | $88,762 | $42.67 |
| 35 | Vermont | $91,278 | $43.88 |
| 36 | Arizona | $95,089 | $45.72 |
| 37 | Colorado | $89,615 | $43.08 |
| 38 | New Jersey | $95,795 | $46.06 |
| 39 | Montana | $86,208 | $41.45 |
| 40 | Maine | $85,695 | $41.20 |
| 41 | Virginia | $93,632 | $45.02 |
| 42 | Missouri | $79,905 | $38.42 |
| 43 | North Dakota | $82,446 | $39.64 |
| 44 | Texas | $85,934 | $41.31 |
| 45 | Oklahoma | $83,738 | $40.26 |
| 46 | South Carolina | $81,328 | $39.10 |
| 47 | Alabama | $77,638 | $37.33 |
| 48 | Louisiana | $74,234 | $35.69 |
| 49 | Mississippi | $80,504 | $38.70 |
| 50 | Hawaii | $63,223 | $30.40 |
| 51 | Florida | $73,363 | $35.27 |
Highest paying cities for business developers
The highest-paying cities for business developers are San Francisco, CA, Seattle, WA, and Baltimore, MD.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | San Francisco, CA | $139,791 | $67.21 |
| 2 | Seattle, WA | $126,210 | $60.68 |
| 3 | Baltimore, MD | $114,191 | $54.90 |
| 4 | New York, NY | $113,835 | $54.73 |
| 5 | Frankfort, KY | $112,350 | $54.01 |
| 6 | Philadelphia, PA | $106,278 | $51.10 |
| 7 | Alpharetta, GA | $102,639 | $49.35 |
| 8 | Indianapolis, IN | $101,804 | $48.94 |
| 9 | Boston, MA | $101,090 | $48.60 |
| 10 | Milwaukee, WI | $99,795 | $47.98 |
| 11 | Cleveland, OH | $99,378 | $47.78 |
| 12 | Chicago, IL | $95,810 | $46.06 |
| 13 | Phoenix, AZ | $95,651 | $45.99 |
| 14 | Bellevue, NE | $94,981 | $45.66 |
| 15 | Charlotte, NC | $94,611 | $45.49 |
| 16 | Arlington, VA | $94,135 | $45.26 |
| 17 | Minneapolis, MN | $91,816 | $44.14 |
| 18 | Denver, CO | $89,801 | $43.17 |
| 19 | Nashville, TN | $89,785 | $43.17 |
| 20 | Austin, TX | $86,719 | $41.69 |
Business developer salary details
A business developer's salary ranges from $66,000 a year at the 10th percentile to $156,000 at the 90th percentile.
What is a business developer's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $156,000 | $13,000 | $75 |
| 75th Percentile | $127,000 | $10,583 | $61 |
| Average | $101,635 | $8,470 | $49 |
| 25th Percentile | $80,000 | $6,667 | $38 |
| 10th Percentile | $66,000 | $5,500 | $32 |
Highest paying business developer jobs
The highest paying types of business developers are vice president, business development, senior business development manager, and business development director.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Small Business Consultant | $47,982 | $3,999 | $23.07 | 116,476 |
| Business Consultant | $87,214 | $7,268 | $41.93 | 128,033 |
| Vice President, Business Development | $165,159 | $13,763 | $79.40 | 188,137 |
| Business Development Account Manager | $99,209 | $8,267 | $47.70 | 222,573 |
| Business Development Representative | $47,240 | $3,937 | $22.71 | 269,704 |
| Business Development Sales Manager | $111,309 | $9,276 | $53.51 | 181,115 |
Top companies hiring business developers now:
Which companies pay business developers the most?
Business developer salaries at Apple and Discovery are the highest-paying according to our most recent salary estimates. In addition, the average business developer salary at companies like eBay and PayPal are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Apple | $169,943 | $81.70 |
| 2 | Discovery | $167,204 | $80.39 |
| 3 | eBay | $164,119 | $78.90 |
| 4 | PayPal | $163,969 | $78.83 |
| 5 | Meta | $161,485 | $77.64 |
| 6 | Forest City Realty Trust | $159,805 | $76.83 |
| 7 | Cravath | $154,279 | $74.17 |
| 8 | Amazon | $153,702 | $73.90 |
| 9 | Redfin | $153,179 | $73.64 |
| 10 | Slalom | $148,765 | $71.52 |
| 11 | Concentrix | $148,636 | $71.46 |
| 12 | Sojern | $146,272 | $70.32 |
| 13 | Ziff Davis | $142,578 | $68.55 |
| 14 | Commonwealth | $141,819 | $68.18 |
| 15 | Square | $141,239 | $67.90 |
| 16 | Frito-Lay | $140,760 | $67.67 |
| 17 | Sophos | $140,338 | $67.47 |
| 18 | American Tower | $139,470 | $67.05 |
| 19 | Palo Alto Networks | $138,003 | $66.35 |
| 20 | Microsoft | $137,673 | $66.19 |
Wage gap by gender, race and education
Business Developer salary by industry
The average business developer salary varies across industries:
- The average business developer salary in the manufacturing industry is $118,082, the highest of any industry.
- The average business developer salary in the finance industry is $110,229.
- Business developers in the professional industry earn an average salary of $96,040, the lowest of any industry.
Highest paying industries for business developers
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Manufacturing | $118,082 | $56.77 |
| 2 | Finance | $110,229 | $52.99 |
| 3 | Technology | $108,852 | $52.33 |
| 4 | Professional | $96,040 | $46.17 |
High paying business developer jobs
Business developer salary trends
The average business developer salary has risen by $14,958 over the last ten years. In 2014, the average business developer earned $86,677 annually, but today, they earn $101,635 a year. That works out to a 9% change in pay for business developers over the last decade.
Compare business developer salaries for cities or states with the national average over time.
Average business developer salary over time
Compare business developer salaries for individual cities or states with the national average.
Business developer salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $102,000 | $48.86 | +3.8% |
| 2024 | $97,800 | $47.00 | +2.3% |
| 2023 | $95,500 | $45.90 | +0.7% |
| 2022 | $94,800 | $45.56 | +1.4% |
| 2021 | $93,500 | $44.93 | +1.3% |
Recently added business developer salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| LPL Financial | Business Development | Boston, MA | 06/30/2025 | $52,676 |
| Prologis | Business Development-Warehouse Solutions | Atlanta, GA | 06/30/2025 | $160,000 |
| Perspecta | Business Development-DHS and Components | Reston, VA | 06/29/2025 | $112,000 |
| Ruppert Landscape | Business Developer-Landscape Maintenance | Roswell, GA | 06/29/2025 | $60,000 |
| Ruppert Landscape | Business Developer-Landscape Maintenance | Washington, DC | 06/29/2025 | $60,000 |
| Galileo Financial Technologies | Senior Staff Strategic Business Developer | Nome, TX | 06/29/2025 | $96,000 |
| Get It-Marketing | Sales Business Development Project-Based, Flexible Hours-Remote | San Diego, CA | 06/29/2025 | $73,045 |
| Commerce Bank | Business Development-Capital for Business | Clayton, MO | 06/28/2025 | $85,000 |
| Great American Insurance | Senior Business Developer-Trucking Division | Charlotte, NC | 06/28/2025 | $90,000 |
| Great American Insurance | Senior Business Developer-Accident & Health | Kane, IL | 06/28/2025 | $85,000 |
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