Percentile | Annual Salary | Monthly Salary | Hourly Rate |
---|---|---|---|
90th Percentile | $151,000 | $12,583 | $73 |
75th Percentile | $113,000 | $9,417 | $54 |
Average | $83,147 | $6,929 | $40 |
25th Percentile | $60,000 | $5,000 | $29 |
10th Percentile | $45,000 | $3,750 | $22 |
The darker areas on the map show where business owners earn the highest salaries across all 50 states.
State | Avg. Salary | Hourly Rate | Job Count |
---|---|---|---|
Alabama | $112,735 | $54.20 | 977 |
Alaska | $118,739 | $57.09 | 127 |
Arizona | $115,195 | $55.38 | 760 |
Arkansas | $92,607 | $44.52 | 960 |
California | $160,495 | $77.16 | 4,118 |
Colorado | $135,336 | $65.07 | 1,115 |
Connecticut | $132,196 | $63.56 | 242 |
Delaware | $127,971 | $61.52 | 182 |
District of Columbia | $136,147 | $65.46 | 117 |
Florida | $86,906 | $41.78 | 1,223 |
Georgia | $106,287 | $51.10 | 2,815 |
Hawaii | $87,811 | $42.22 | 120 |
Idaho | $102,452 | $49.26 | 49 |
Illinois | $110,578 | $53.16 | 2,789 |
Indiana | $100,103 | $48.13 | 2,328 |
Iowa | $91,417 | $43.95 | 445 |
Kansas | $97,975 | $47.10 | 961 |
Kentucky | $85,026 | $40.88 | 1,163 |
Louisiana | $124,356 | $59.79 | 789 |
Maine | $102,182 | $49.13 | 261 |
Maryland | $117,302 | $56.40 | 1,091 |
Massachusetts | $134,888 | $64.85 | 511 |
Michigan | $106,091 | $51.01 | 3,359 |
Minnesota | $111,973 | $53.83 | 2,874 |
Mississippi | $84,709 | $40.73 | 601 |
Missouri | $98,367 | $47.29 | 1,539 |
Montana | $88,758 | $42.67 | 206 |
Nebraska | $97,130 | $46.70 | 312 |
Nevada | $135,449 | $65.12 | 460 |
New Hampshire | $113,076 | $54.36 | 303 |
New Jersey | $142,898 | $68.70 | 368 |
New Mexico | $125,999 | $60.58 | 1,000 |
New York | $142,321 | $68.42 | 2,170 |
North Carolina | $110,519 | $53.13 | 4,288 |
North Dakota | $91,765 | $44.12 | 62 |
Ohio | $107,713 | $51.79 | 3,230 |
Oklahoma | $107,104 | $51.49 | 832 |
Oregon | $119,152 | $57.28 | 1,224 |
Pennsylvania | $116,725 | $56.12 | 4,194 |
Rhode Island | $130,074 | $62.54 | 245 |
South Carolina | $96,925 | $46.60 | 1,968 |
South Dakota | $116,254 | $55.89 | 155 |
Tennessee | $106,578 | $51.24 | 2,751 |
Texas | $126,815 | $60.97 | 6,237 |
Utah | $102,721 | $49.39 | 1,143 |
Vermont | $85,827 | $41.26 | 187 |
Virginia | $123,179 | $59.22 | 2,647 |
Washington | $142,371 | $68.45 | 1,712 |
West Virginia | $88,336 | $42.47 | 813 |
Wisconsin | $116,701 | $56.11 | 2,248 |
Wyoming | $107,779 | $51.82 | 300 |
Tell us about yourself to get a free, personalized Zippia Salary Report and suggestions on how to increase your pay.
City | Avg. Salary | Hourly Rate |
---|---|---|
San Francisco, CA | $168,969 | $81.24 |
New York, NY | $145,220 | $69.82 |
Seattle, WA | $144,100 | $69.28 |
Colorado Springs, CO | $138,630 | $66.65 |
Boston, MA | $136,893 | $65.81 |
Hartford, CT | $133,944 | $64.40 |
Compare salaries for individual cities or states with the national average.
Year | Avg. Salary | Hourly Rate | % Change |
---|---|---|---|
2022 | $83,100 | $39.97 | +2.8% |
2021 | $80,800 | $38.87 | -0.1% |
2020 | $81,000 | $38.93 | +0.5% |
2019 | $80,500 | $38.72 | +1.1% |
2018 | $79,700 | $38.30 | +1.6% |
Rank | Industry | Average Business Owner Salary | Business Owner Salary Range |
---|---|---|---|
1 | Manufacturing | $73,243 | $40k $100k |
2 | Professional | $65,927 | $40k $100k |
3 | Retail | $65,010 | $40k $100k |
4 | Real Estate | $63,995 | $40k $100k |
5 | Technology | $63,646 | $40k $100k |
6 | Construction | $59,310 | $40k $100k |
Avg. salary: $66,245
Avg. salary: $86,943
Avg. salary: $34,540
Avg. salary: $105,562
Avg. salary: $175,130
Avg. salary: $153,294
Job Title | Annual Salary | Monthly Salary | Hourly Rate | Job Openings |
---|---|---|---|---|
General Manager/Partner | $66,245 | $5,520 | $31.85 | 394,962 |
Entrepreneur | $86,943 | $7,245 | $41.80 | 21,697 |
Co-Owner/Operator | $34,541 | $2,878 | $16.61 | 107,599 |
Manager/Partner | $105,563 | $8,797 | $50.75 | 442,103 |
Owner/Operator | $175,130 | $14,594 | $84.20 | 114,578 |
Managing Partner | $153,294 | $12,775 | $73.70 | 85,721 |
Find High Paying Jobs Near You
And if you're looking for a job, here are the five top employers hiring now:
Experience Level | Avg. Salary | Hourly Rate |
---|---|---|
Entry Level | $34,200 | $16.46 |
Mid Level | $52,900 | $25.43 |
Senior Level | $95,900 | $46.11 |
Rank | Company | Zippia Score | Average Business Owner Salary | Average Salary |
---|---|---|---|---|
1 | $131,762 | |||
2 | $124,507 | |||
3 | $120,584 | |||
4 | $113,261 | |||
5 | $112,482 | |||
6 | $112,181 |
And if you're looking for a job, here are the five top employers hiring now:
Tell us about yourself to get a free, personalized Zippia Salary Report and suggestions on how to increase your pay.
Company | Job | Location | Date Added | Salary |
---|---|---|---|---|
USAA | Business Process Owner I | San Antonio, TX | 01/18/2022 | $72,900 |
Kite Pharma, Inc. | ERP Business Process Owner-Clinical | California, MD | 12/21/2021 | $104,240 |
Kite Pharma, Inc. | ERP Business Process Owner-Clinical | California, MD | 12/21/2021 | $104,240 |
United Services Automobile Association (USAA) | Business Process Owner Senior-Real Estate (Remote) | Alabama | 12/17/2021 | $88,200 |
USAA | Business Process Owner Senior-Real Estate (Remote) | Nome, TX | 12/16/2021 | $88,200 |
USAA | Business Process Owner Lead-Bank (Remote Work Location Available) | Colorado Springs, CO | 10/30/2021 | $106,800 |
USAA | Business Process Owner Lead-Bank (Remote Work Location Available) | San Antonio, TX | 10/30/2021 | $106,800 |
USAA | Business Process Owner Senior-Retail Banking (Hybrid) | San Antonio, TX | 09/22/2021 | $88,200 |
Goodwin Recruiting | Recruiting Business Owner-Turnkey Recruitng Business Opportunity! | Maryland | 09/02/2021 | $75,000 |
USAA | Business Process Owner I (Remote Available) | Charlotte, NC | 08/30/2021 | $66,300 |
Gender | Income |
---|---|
Male | $75,462 |
Female | $63,896 |
Ethnicity | Salary |
---|---|
White | $71,445 |
Black or African American | $62,283 |
Asian | $75,101 |
Hispanic or Latino | $66,641 |
Education | Salary |
---|---|
High School Diploma or Less | $75,237 |
Master's Degree | $125,272 |
Bachelor's Degree | $95,098 |
Doctorate Degree | $126,505 |
Some College/ Associate Degree | $75,462 |
A good starting salary for a business owner is $45,000 in the United States. That puts you in the 10th percentile of annual income for a business owner in the U.S., which is about what you would expect if you were new to the field. The average salary for business owners is $83,147, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a business owner can vary by state.