Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for business leaders 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 10,744 business leaders currently employed in the United States.
- 35.6% of all business leaders are women, while 64.4% are men.
- The average age of an employed business leader is 44 years old.
- The most common ethnicity of business leaders is White (67.4%), followed by Hispanic or Latino (15.2%), Asian (6.4%) and Black or African American (6.2%).
- Business leaders are most in-demand in New York, NY.
- New York, NY pays an annual average wage of $124,329, the highest in the US.
- In 2021, women earned 89% of what men earned.
- Washington is the best state for business leaders to live.
- Business leaders are 59% more likely to work at public companies in comparison to private companies.
Business Leader Statistics By Gender
35.6% of business leaders are women and 64.4% of business leaders are men.
- Male, 64.4%
- Female, 35.6%
Business Leaders By Gender
| Gender | Percentages |
|---|---|
| Male | 64.4% |
| Female | 35.6% |
Gender Pay Gap For Business Leader
Women Earn 89ยข For Every $1 Earned By Men
Business Leader Gender Over Time
This data shows how men and women predominate in the business leader position over time.
Business Leader Gender By Year
| Year | Male | Female |
|---|---|---|
| 2010 | 69.88% | 30.12% |
| 2011 | 69.25% | 30.75% |
| 2012 | 68.50% | 31.50% |
| 2013 | 68.99% | 31.01% |
| 2014 | 70.67% | 29.33% |
| 2015 | 69.48% | 30.52% |
| 2016 | 70.32% | 29.68% |
| 2017 | 67.88% | 32.12% |
| 2018 | 67.80% | 32.20% |
| 2019 | 65.94% | 34.06% |
| 2020 | 66.05% | 33.95% |
| 2021 | 64.40% | 35.60% |
Business Leader Male to Female Ratio
We compared this job title with other job titles to see how gender percentages varied. As you can see, district commercial superintendent and street superintendent have the biggest difference in gender.
| Job Title | Male | Female |
|---|---|---|
| Administrative Assistant To General Manager | 9% | 91% |
| Manager Stylist | 9% | 91% |
| Salon Manager | 12% | 88% |
| Business Leader | 64% | 36% |
| General Superintendent | 97% | 3% |
| Street Superintendent | 97% | 3% |
| District Commercial Superintendent | 98% | 2% |
Business Leader Statistics By Race
The most common ethnicity among business leaders is White, which makes up 67.4% of all business leaders. Comparatively, there are 15.2% of the Hispanic or Latino ethnicity and 6.4% of the Asian ethnicity.
- White, 67.4%
- Hispanic or Latino, 15.2%
- Asian, 6.4%
- Black or African American, 6.2%
- Unknown, 4.3%
- American Indian and Alaska Native, 0.5%
Business Leader Race
| Business Leader Race | Percentages |
|---|---|
| White | 67.4% |
| Hispanic or Latino | 15.2% |
| Asian | 6.4% |
| Black or African American | 6.2% |
| Unknown | 4.3% |
| American Indian and Alaska Native | 0.5% |
Business Leader Race And Ethnicity Over Time
Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010-2019 among business leaders.
- White
- Asian
- Hispanic or Latino
- Black or African American
Business Leader Race By Year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 75.08% | 6.30% | 5.26% | 11.06% |
| 2011 | 74.92% | 6.46% | 5.29% | 10.78% |
| 2012 | 74.58% | 6.03% | 5.42% | 11.85% |
| 2013 | 75.08% | 5.85% | 5.46% | 11.22% |
| 2014 | 73.97% | 5.82% | 5.36% | 12.57% |
| 2015 | 73.99% | 5.88% | 5.30% | 12.49% |
| 2016 | 71.66% | 6.39% | 5.75% | 13.71% |
| 2017 | 73.01% | 5.87% | 5.49% | 13.20% |
| 2018 | 72.58% | 5.65% | 6.06% | 13.07% |
| 2019 | 71.19% | 5.92% | 6.11% | 14.14% |
| 2020 | 69.44% | 5.96% | 5.75% | 14.04% |
| 2021 | 67.38% | 6.19% | 6.38% | 15.24% |
Business Leader Wage Gap By Race
| Ethnicity | Salary |
|---|---|
| Unknown | $92,826 |
| White | $96,687 |
| Black or African American | $89,889 |
| Asian | $98,374 |
| Hispanic or Latino | $94,203 |
Average Age of a Business Leader
We determined the average age of business leaders based on ethnicity and gender.
Business Leader Age By Race
| Race | Male Age | Female Age |
|---|---|---|
| Black or African American | 42 | 45 |
| Unknown | 42 | 41 |
| Asian | 43 | 41 |
| Hispanic or Latino | 42 | 40 |
| White | 45 | 44 |
| American Indian and Alaska Native | 43 | 44 |
Business Leader Age Breakdown
This chart breaks down the ages of business leader employees. Interestingly enough, the average age of business leaders is 40+ years old, which represents 64% of the population.
Business Leader Age
| Business Leader Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 30% |
| 20-30 years | 6% |
Types of Business Leader Degree Levels
- Bachelors, 69%
- Masters, 19%
- Associate, 7%
- High School Diploma, 2%
- Other Degrees, 3%
Business Leaders By Education
| Business Leader Degree | Percentages |
|---|---|
| Bachelors | 69% |
| Masters | 19% |
| Associate | 7% |
| High School Diploma | 2% |
| Other Degrees | 3% |
Business Leader Jobs You Might Like
Business Leader Wage Gap By Education
| Education | Salary |
|---|---|
| High School Diploma or Less | $81,337 |
| Master's Degree | $120,553 |
| Bachelor's Degree | $102,074 |
| Doctorate Degree | $115,605 |
| Some College/ Associate Degree | $84,139 |
Business Leader Employment Statistics
This section highlights information about where business leaders work. We found most business leaders work for a public company. In addition, the industry that employs the most business leaders is the technology industry.
Company Size
We created this chart to show you the average size of companies that typically hire business leaders.
Business Leader Jobs By Employer Size
| Company Size | Percentages |
|---|---|
| < 50 employees | 2% |
| 50 - 100 employees | 6% |
| 100 - 500 employees | 8% |
| 500 - 1,000 employees | 4% |
| 1,000 - 10,000 employees | 22% |
| > 10,000 employees | 58% |
The Types Of Companies Business Leader Work In
Employees with the business leader job title have their preferences when it comes to working for a company. For instance, most business leaders prefer to work at public companies over private companies.
Business Leader Jobs By Sector
| Company Type | Percentages |
|---|---|
| Education | 3% |
| Public | 59% |
| Private | 37% |
| Government | 1% |
Top Industries Hiring Business Leaders
Just based on the number of employees within each industry, we were able to determine the most common industries that employ business leaders. Those industries include technology, manufacturing and finance.
Business Leader Industry Statistics
| Industry | Percentages |
|---|---|
| Fortune 500 | 27% |
| Technology | 14% |
| Manufacturing | 10% |
| Finance | 7% |
| Professional | 5% |
| Health Care | 5% |
| Retail | 5% |
| Hospitality | 3% |
| Telecommunication | 3% |
| Energy | 3% |
| Insurance | 3% |
| Pharmaceutical | 2% |
| Media | 2% |
| Transportation | 2% |
| Education | 2% |
| Internet | 1% |
| Government | 1% |
| Automotive | 1% |
| Utilities | 1% |
| Construction | 1% |
| Start-up | 1% |
Business Leader Turnover And Employment Statistics
Business Leader Unemployment Rate Over Time
The Bureau of Labor Statistics came in clutch when it came down to figuring out how the unemployment rate has changed over time. Between 2008 and 2018, this is how the number of business leaders changed.
- Unemployment rate
Business Leader Unemployment Rate By Year
| Year | Business Leader Unemployment Rate |
|---|---|
| 2010 | 6.02% |
| 2011 | 5.17% |
| 2012 | 4.50% |
| 2013 | 3.74% |
| 2014 | 3.19% |
| 2015 | 2.83% |
| 2016 | 2.57% |
| 2017 | 2.68% |
| 2018 | 2.15% |
| 2019 | 2.22% |
| 2020 | 3.68% |
| 2021 | 4.01% |
The Average Number of Years That Business Leader Stay in a Job
By looking over 3,626 business leaders resumes, we figured out that the average business leader enjoys staying at their job for 1-2 years for a percentage of 37%.
Business Leader Tenure
| Number or Years | Percentages |
|---|---|
| Less than 1 year | 15% |
| 1-2 years | 37% |
| 3-4 years | 16% |
| 5-7 years | 15% |
| 8-10 years | 8% |
| 11+ years | 10% |
Comparing The LGBT Ratio of Business Leaders 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 leaders.
| Job Title | LGBT | Job Openings |
|---|---|---|
| Business Office Director | 7.93% | 83,491 |
| Junior Project Manager | 8.41% | 116,530 |
| Client Relationship Manager | 9.38% | 85,793 |
| Business Leader | 10.39% | - |
| Chief Executive Officer/Executive Consulting | 11.63% | 170,010 |
| Staffing Manager | 13.02% | 17,860 |
| Promotions Director | 14.95% | 8,812 |
Business Leader LGBT Demographics
| Profession | Percentages of LGBT | Job Openings |
|---|---|---|
| Business Office Director | 7.93% | 83,491 |
| Junior Project Manager | 8.41% | 116,530 |
| Client Relationship Manager | 9.38% | 85,793 |
| Chief Executive Officer/Executive Consulting | 11.63% | 170,010 |
| Staffing Manager | 13.02% | 17,860 |
| Promotions Director | 14.95% | 8,812 |
Foreign Languages Spoken By Business Leaders
The most common foreign language among business leaders is Spanish at 43.8%. The second-most popular foreign language spoken is French at 7.6% and Mandarin is the third-most popular at 6.9%.
- Spanish, 43.8%
- French, 7.6%
- Mandarin, 6.9%
- Portuguese, 4.9%
- Hindi, 4.9%
- Other, 31.9%
Business Leader Languages Spoken
| Foreign Language | Percentages |
|---|---|
| Spanish | 43.8% |
| French | 7.6% |
| Mandarin | 6.9% |
| Portuguese | 4.9% |
| Hindi | 4.9% |
| Other | 31.9% |
