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Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for Business Development Specialists in the United States. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • There are over 40,584 Business Development Specialists currently employed in the United States.
  • 49.3% of all Business Development Specialists are women, while 50.7% are men.
  • The average age of an employed Business Development Specialist is 43 years old.
  • The most common ethnicity of Business Development Specialists is White (73.9%), followed by Hispanic or Latino (8.7%) and Asian (8.1%).
  • The majority of Business Development Specialists are located in NY, New York and TX, Houston.
  • Business Development Specialists are most in-demand in New York, NY.
  • Business Development Specialists are paid an average annual salary of $57,121.
  • Edison, NJ pays an annual average wage of $71,696, the highest in the US.
  • Business Development Specialists average starting salary is $39,000.
  • In 2021, women earned 92% of what men earned.
  • The top 10% of highest-paid Business Development Specialists earn as much as $82,000 or more.
  • Pennsylvania is the best state for Business Development Specialists to live.
  • Business Development Specialists are more likely to work at Private companies in comparison to Public companies.

Business Development Specialist Statistics By Gender

Among Business Development Specialists, 49.3% of them are women compared to 50.7% which are men.

  • Male, 50.7%
  • Female, 49.3%

Business Development Specialists By Gender

GenderPercentages
Male50.7%
Female49.3%

Gender Pay Gap For Business Development Specialist

Women Earn 92¢ For Every $1 Earned By Men

male-income
Male Income
$60,389
female-income
Female Income
$55,348

Business Development Specialist Male to Female Ratio

We compared this job title with other job titles to see how gender percentages varied. As you can see, Timber Buyer and Chief Estimator have the biggest difference in gender.

Job TitleMaleFemale
Wedding Coordinator9%91%
Conference Planning Manager9%91%
Human Resources Administrative Assistant9%91%
Business Development Specialist51%49%
Electronic Security Specialist94%6%
Chief Estimator95%5%
Timber Buyer97%3%

Business Development Specialist Statistics By Race

The most common ethnicity among Business Development Specialists is White, which makes up 73.9% of all Business Development Specialists. Comparatively, there are 8.7% of the Hispanic or Latino ethnicity and 8.1% of the Asian ethnicity.

  • White, 73.9%
  • Hispanic or Latino, 8.7%
  • Asian, 8.1%
  • Black or African American, 6.5%
  • Unknown, 2.3%
  • American Indian and Alaska Native, 0.5%

Business Development Specialist Race

Business Development Specialist RacePercentages
White73.9%
Hispanic or Latino8.7%
Asian8.1%
Black or African American6.5%
Unknown2.3%
American Indian and Alaska Native0.5%

Business Development Specialist Wage Gap By Race

Asian Business Development Specialists have the highest average salary compared to other ethnicities. Black or African American Business Development Specialists have the lowest average salary at $55,016.
$64,000
$62,000
$60,000
$58,000
$56,000
$54,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
EthnicitySalary
Unknown$57,498
White$58,124
Black or African American$55,016
Asian$62,231
Hispanic or Latino$56,473

Business Development Specialist JOBS

Average Age of a Business Development Specialist

We determined the average age of Business Development Specialists based on ethnicity and gender.

Male
Female

Business Development Specialist Age By Race

RaceMale AgeFemale Age
Black or African American4843
Unknown4137.5
Asian4139
Hispanic or Latino4041
White4444
American Indian and Alaska Native5346.5

Business Development Specialist Age Breakdown

This chart breaks down the ages of Business Development Specialist employees. Interestingly enough, the average age of Business Development Specialists is 40+ years old, which represents 60% of the population.

20-30 years

30-40 years

40+ years


Business Development Specialist Age

Business Development Specialist YearsPercentages
20-30 years9%
30-40 years30%
40+ years60%

Types of Business Development Specialist Degree Levels

The most common degree for Business Development Specialists is Bachelor's Degree 73% of Business Development Specialists earn that degree. A close second is Master's Degree with 11% and rounding it off is Associate Degree with 10%.

  • Bachelors, 73%
  • Masters, 11%
  • Associate, 10%
  • High School Diploma, 4%
  • Other Degrees, 2%

Business Development Specialists By Education

Business Development Specialist DegreePercentages
Bachelors73%
Masters11%
Associate10%
High School Diploma4%
Other Degrees2%

Business Development Specialist Jobs You Might Like

Business Development Specialist Wage Gap By Education

Business Development Specialists with a Doctorate degree earn more than those without, at $72,639 annually. With a Masters degree, Business Development Specialists earn a median annual income of $68,275 compared to $60,389 for Business Development Specialists with an Bachelors degree.
$74,000
$70,000
$66,000
$62,000
$58,000
$54,000
$50,000
Master's Degree
Bachelor's Degree
Doctorate Degree
Some College/ Associate Degree
EducationSalary
Master's Degree$68,275
Bachelor's Degree$60,389
Doctorate Degree$72,639
Some College/ Associate Degree$53,032

Business Development Specialist Employment Statistics

This section highlights the information we gathered about the types of businesses and industries that employ Business Development Specialists. We found that the most common company type is Private. In addition, the industry that employs the most Business Development Specialists is the Technology industry.

Company Size

We created this chart to show you the average size of companies that typically hire Business Development Specialists.

< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Business Development Specialist Jobs By Employer Size

Company SizePercentages
< 50 employees4%
50 - 100 employees3%
100 - 500 employees15%
500 - 1,000 employees14%
1,000 - 10,000 employees32%
> 10,000 employees32%

The Types Of Companies Business Development Specialist Work In

Employees with the Business Development Specialist job title have their preferences when it comes to working for a company. For instance, most Business Development Specialists prefer to work at Private companies over Public companies.

Education

Public

Private

Government

Business Development Specialist Jobs By Sector

Company TypePercentages
Education2%
Public40%
Private53%
Government5%

Top Industries Hiring Business Development Specialists

Just based on the number of employees within each industry, we were able to determine the most common industries that employ Business Development Specialists. Those industries include Technology, Professional and Manufacturing.

Fortune 500

Technology

Professional

Manufacturing

Finance

Business Development Specialist Turnover And Employment Statistics

The Average Number of Years That Business Development Specialist Stay in a Job

By looking over 6,945 Business Development Specialists resumes, we figured out that the average Business Development Specialist enjoys staying at their job for 1-2 years for a percentage of 37%.

Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years


Business Development Specialist Tenure

Number or YearsPercentages
Less than 1 year23%
1-2 years37%
3-4 years14%
5-7 years15%
8-10 years6%
11+ years6%

Comparing The LGBT Ratio of Business Development Specialists with Other Job Titles

After finding the gender ratio, we wondered if the percentages of LGBT persons were different as well. Using the data below, you can see how other job titles compare to Business Development Specialists.

Job TitleLGBTJob Openings
Logistics Internship4.48%92,779
Electrical Estimator5.12%32,838
Business Development Specialist8.65%
Air Pollution Inspector9.80%18,166
Sales Operations Analyst10.33%153,869
Store Manager And Buyer10.52%151,582
Raiser11.29%25300.00%

Business Development Specialist LGBT Demographics

ProfessionPercentages of LGBT Job Openings
Logistics Internship4.48%92,779
Electrical Estimator5.12%32,838
Air Pollution Inspector9.80%18,166
Sales Operations Analyst10.33%153,869
Store Manager And Buyer10.52%151,582
Raiser11.29%253

Foreign Languages Spoken By Business Development Specialists

The most common foreign language among Business Development Specialists is Spanish at 45.6%. The second-most popular foreign language spoken is French at 12.0% and Chinese is the third-most popular at 8.8%.

  • Spanish, 45.6%
  • French, 12.0%
  • Chinese, 8.8%
  • Mandarin, 6.9%
  • Portuguese, 4.0%
  • Other, 22.7%

Business Development Specialist Languages Spoken

Foreign LanguagePercentages
Spanish45.6%
French12.0%
Chinese8.8%
Mandarin6.9%
Portuguese4.0%
Other22.7%

Business Development Specialist Jobs

Recently Added Business Development Specialist Jobs

Business Development Specialist Heatmaps

Where Do Business Development Specialists Earn The Most?

The map here shows where Business Development Specialists earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.

Average Salary

Where Are Business Development Specialists Located?

By looking through more than 6,945 resumes, we found that the most popular places for Business Development Specialists are NY, New York and TX, Houston.

Number of Business Development Specialists

Where Are Business Development Specialists In High Demand?

We looked over job openings to determine where in the country Business Development Specialists are in the most demand.

Jobs Openings