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Business executive demographics and statistics in the US

Business executive demographics research summary. Zippia estimates business executive demographics and statistics in the United States by using a database of 30 million profiles. Our business executive estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about business executives after extensive research and analysis:

  • There are over 69,694 business executives currently employed in the United States.
  • 40.1% of all business executives are women, while 59.9% are men.
  • The average business executive age is 44 years old.
  • The most common ethnicity of business executives is White (67.8%), followed by Hispanic or Latino (15.0%), Asian (6.3%) and Black or African American (6.1%).
  • In 2022, women earned 83% of what men earned.
  • 10% of all business executives are LGBT.
  • Business executives are 53% more likely to work at private companies in comparison to public companies.
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Business executive demographics by:

Business executive gender statistics

40.1% of business executives are women and 59.9% of business executives are men.
  • Male, 59.9%
  • Female, 40.1%

Business executive gender ratio

GenderPercentages
Male59.9%
Female40.1%

Business executive gender pay gap

Women earn 83¢ for every $1 earned by men

male-income
Male income
$67,582
female-income
Female income
$55,957

Business executive gender ratio over time

This data breaks down the percentage of men and women in business executive positions over time. Currently, 40.1% of business executives are female.
Male
Female
100%
80%
60%
40%
20%
0%
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021

Business executive gender ratio by year

YearMaleFemale
201065.68%34.32%
201165.01%34.99%
201264.21%35.79%
201364.73%35.27%
201466.53%33.47%
201565.26%34.74%
201666.15%33.85%
201763.55%36.45%
201863.47%36.53%
201961.49%38.51%
202061.61%38.39%
202159.88%40.12%

Business executive related jobs gender ratio

We compared business executives with similar job titles to see how gender ratios vary. As you can see, district commercial superintendent and street superintendent have the biggest gender ratio gaps.

Job titleMaleFemale
Administrative Assistant To General Manager9%91%
Manager Stylist9%91%
Salon Manager12%88%
Business Executive60%40%
General Superintendent97%3%
Street Superintendent97%3%
District Commercial Superintendent98%2%

Business executive demographics by race

The most common ethnicity among business executives is White, which makes up 67.8% of all business executives. Comparatively, 15.0% of business executives are Hispanic or Latino and 6.3% of business executives are Asian.
  • White, 67.8%
  • Hispanic or Latino, 15.0%
  • Asian, 6.3%
  • Black or African American, 6.1%
  • Unknown, 4.3%
  • American Indian and Alaska Native, 0.5%

Business executive race

Business executive racePercentages
White67.8%
Hispanic or Latino15.0%
Asian6.3%
Black or African American6.1%
Unknown4.3%
American Indian and Alaska Native0.5%

Business executive race and ethnicity over time

See how business executive racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.

Business executive race and ethnicity by year

YearWhiteBlack or African AmericanAsianHispanic or Latino
201075.51%6.22%5.20%10.80%
201175.35%6.38%5.22%10.51%
201275.00%5.95%5.35%11.59%
201375.51%5.77%5.40%10.95%
201474.40%5.74%5.29%12.31%
201574.41%5.80%5.23%12.23%
201672.08%6.31%5.68%13.44%
201773.44%5.80%5.42%12.94%
201873.00%5.57%6.00%12.81%
201971.62%5.84%6.04%13.88%
202069.86%5.88%5.68%13.77%
202167.81%6.12%6.31%14.97%

Business executive wage gap by race

According to our data, asian business executives have the highest average salary compared to other ethnicities. Black or african american business executives have the lowest average salary at $62,491.
$73,000
$71,000
$69,000
$67,000
$65,000
$63,000
$61,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
EthnicitySalary
Unknown$65,827
White$70,311
Black or African American$62,491
Asian$72,306
Hispanic or Latino$67,413

Average business executive age

See how the average age of business executives varies based on ethnicity and gender.
Male
Female

Business executive age by race and gender

RaceMale ageFemale age
Black or African American4245
Unknown4241
Asian4341
Hispanic or Latino4240
White4544
American Indian and Alaska Native4344

Business executive age breakdown

The average age of business executives is 40+ years years old, representing 64% of the business executive population.

40+ years

30-40 years

20-30 years


Business executive age breakdown

Business Executive YearsPercentages
40+ years64%
30-40 years30%
20-30 years6%

Business executive educational attainment

The most common degree for business executives is bachelor's degree, with 67% of business executives earning that degree. The second and third most common degree levels are master's degree degree at 17% and master's degree degree at 7%.
  • Bachelor's, 67%
  • Master's, 17%
  • Associate, 7%
  • Diploma, 3%
  • Other Degrees, 6%

Business executives by degree level

Business executive degreePercentages
Bachelor's67%
Master's17%
Associate7%
Diploma3%
Other Degrees6%

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Business executive wage gap by degree level

According to the data, business executives with a Master's degree earn more than those without, at $100,455 annually. With a Doctorate degree, business executives earn a median annual income of $93,873 compared to $76,755 for business executives with an Bachelor's degree.
$104,000
$94,000
$84,000
$74,000
$64,000
$54,000
$44,000
Master's Degree
High School Diploma or Less
Bachelor's Degree
Doctorate Degree
Some College/ Associate Degree
EducationSalary
Master's Degree$100,455
High School Diploma or Less$53,161
Bachelor's Degree$76,755
Doctorate Degree$93,873
Some College/ Associate Degree$56,154

Business executive employment statistics

Most business executives work for a private in the technology industry.

Company size where business executives work

Below, you can see the size of companies where business executives work.

< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Business executive jobs by employer size

Company sizePercentages
< 50 employees7%
50 - 100 employees14%
100 - 500 employees16%
500 - 1,000 employees5%
1,000 - 10,000 employees23%
> 10,000 employees35%

Business executive jobs by company type

Employees with the business executive job title have their preferences when it comes to working for a company. For instance, most business executives prefer to work at private companies over public companies.

Education

Public

Private

Government

Business executive jobs by sector

Company typePercentages
Education8%
Public37%
Private53%
Government2%

Business executive jobs by industry

The most common industries for business executives are technology, finance and professional.

Technology

Fortune 500

Finance

Professional

Manufacturing

Business executive turnover and employment statistics

Business executive unemployment rate over time

The unemployment rate for business executives between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.

Business executive unemployment rate by year

YearBusiness executive unemployment rate
20106.02%
20115.17%
20124.50%
20133.74%
20143.19%
20152.83%
20162.57%
20172.68%
20182.15%
20192.22%
20203.68%
20214.01%

Average business executive tenure

The average business executive stays at their job for 1-2 years, based on the 1,542 business executives resumes in Zippia's database.

Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years

Business executive tenure statistics

Number of yearsPercentages
Less than 1 year19%
1-2 years40%
3-4 years15%
5-7 years13%
8-10 years5%
11+ years9%

Business executive LGBT ratio compared to similar jobs

Review the percent of business executives that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
Job titleLGBTJob openings
Administrative Manager7.93%42,602
Supply Chain Manager8.41%37,773
Sales Support Manager9.38%166,510
Business Executive10.39%-
Assembly Member11.63%9,638
Human Resources Vice President13.02%74,729
Promotion Manager14.95%8,515

Similar business executive jobs LGBT demographics

ProfessionPercentages of LGBT Job openings
Administrative Manager7.93%42,602
Supply Chain Manager8.41%37,773
Sales Support Manager9.38%166,510
Assembly Member11.63%9,638
Human Resources Vice President13.02%74,729
Promotion Manager14.95%8,515

Foreign languages spoken by business executives

The most common foreign language among business executives is Spanish at 40.0%. The second-most popular foreign language spoken is French at 18.7% and Arabic is the third-most popular at 6.7%.
  • Spanish, 40.0%
  • French, 18.7%
  • Arabic, 6.7%
  • German, 5.3%
  • Mandarin, 5.3%
  • Other, 24.0%

Business executive languages spoken

Foreign languagePercentages
Spanish40.0%
French18.7%
Arabic6.7%
German5.3%
Mandarin5.3%
Other24.0%

Business executive jobs

Business executive location demographics

Where do business executives earn the most?

Business executives earn the most in New York, where the average business executive salary is $110,756. The map here shows where business executives earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.
Average salary

Which city has the most Business Executives?

By looking through more than 1,542 resumes, we found that the most popular places for business executives are New York, NY and Houston, TX.
Number of Business Executives

Business executive jobs by state

RankStateNumber of jobsAverage salary
1California4,937$91,659
2Texas3,968$66,962
3Illinois2,618$72,034
4Florida2,428$41,928
5Ohio2,263$79,478
6Massachusetts2,109$105,272
7New York2,059$110,756
8Virginia1,882$76,022
9Pennsylvania1,843$89,545
10Georgia1,738$54,011
11Minnesota1,695$68,676
12New Jersey1,670$90,573
13North Carolina1,650$68,830
14Michigan1,552$66,059
15Washington1,452$103,200
16Missouri1,362$61,912
17Tennessee1,243$51,518
18Wisconsin1,203$89,214
19Indiana1,193$58,234
20Colorado1,072$96,839
21Arizona1,051$55,540
22Maryland1,022$91,392
23South Carolina802$48,377
24Kentucky723$41,217
25Alabama722$55,978
26Kansas692$53,454
27Iowa683$57,388
28Oregon661$78,508
29Connecticut625$96,087
30Utah624$60,849
31Louisiana595$48,312
32Arkansas582$46,900
33Nevada554$66,855
34Nebraska521$57,428
35Oklahoma519$49,783
36District of Columbia422$86,877
37New Mexico350$50,570
38Montana318$64,000
39Mississippi311$44,743
40New Hampshire285$71,928
41Idaho274$69,484
42Rhode Island270$94,202
43West Virginia241$55,346
44Delaware216$87,112
45South Dakota210$77,853
46North Dakota189$71,549
47Maine187$83,744
48Alaska176$94,881
49Vermont155$69,203
50Hawaii125$57,068
51Wyoming97$55,331

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