Business Owner Salary

Average Yearly Salary
Updated May 18, 2020
$99,000
$63,000
$99,000
$155,000
The average Business Owner makes about $99,761 per year. That's $47.96 per hour! Those in the lower 10%, such as entry-level positions, only make about $63,000 a year. Meanwhile, the top 10% are sitting pretty with an average salary of $155,000. Many of Business Owners seem to be drawn to Health Care and Hospitality companies. Unless they care more about money, in which case Business Owners tend to work at Health Care, Retail, and Automotive companies. Even the employees who work in these industries can confirm that's where the money is. Although money is important, a lot of people base their career decisions solely on location. That's why we found that California, Rhode Island and New York pay Business Owners the highest salaries.
Best Paying Cities
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Map of Business Owner Salaries

The darker areas on the map show where Business Owners earn the highest salaries across all 50 states.

Average Salary:

Average Business Owner Salary By Location

Throughout the U.S., the average salary for a Business Owner is roughly $99,761 per year, which boils down to $47.96 per hour. Interestingly enough, Business Owners have the highest salaries in San Francisco, CA at about $110,866 per year. For those who are just starting out, the average entry-level salary in San Francisco, CA is $51,000. Additionally, Business Owners make more than the average salary in Providence, RI, Yonkers, NY, Denver, CO, Cambridge, MA, and Jersey City, NJ. On a more broad level, Business Owner salaries are highest in California, Rhode Island, New York, Colorado, Connecticut, Massachusetts, and New Jersey. On the contrary, Indiana, Alaska, and Nebraska offer the lowest Business Owner salaries.

Average Business Owner Salary By Company

If you want to get paid the most as a Business Owner, being employed by a company such as Amgen or S & B would be a smart choice, as they are the highest paying companies in this field. Additionally, companies like Eaton and Bristol-Myers Squibb also report highly competitive salaries for Business Owners.
Company
Average Salary
$115,341
$115k
$114,709
$115k
$106,979
$107k

The largest raises come from changing jobs.

See what's out there.

Average Business Owner Pay By Industry

Business Owner salaries can vary on many factors, including what industry a job is in. In fact, jobs with Health Care, Retail, and Automotive companies tend to be the highest paying. Furthermore, a Business Owner can make a yearly salary of $102,910 while working for Health Care companies. All the while, other Business Owners are making $100,047 at Retail companies and $99,819 at Automotive companies. One industry Business Owners may want to avoid is the Manufacturing industry as it offers the lowest average salary at $91,028.
Industry
Average Salary
Health Care
Health Care
$102,910
$103k
Retail
Retail
$100,047
$100k
Automotive
Automotive
$99,819
$100k
Professional
Professional
$99,268
$99k
Hospitality
Hospitality
$94,873
$95k
Manufacturing
Manufacturing
$91,028
$91k

Business Owner Salary History

Compare salaries for individual cities or states with the national average.

Recently Added Business Owner Salaries

CompanyJobLocationDate AddedSalary
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019
Pure Water Technology
Pure Water Technology
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$600,000
$600,000
12/31/2019
Pure Water Technology
Pure Water Technology
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$600,000
$600,000
12/31/2019
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019
Actioncoach Business Coaching
Actioncoach Business Coaching
Business Owner
Business Owner
Business Owner
12/31/2019
12/31/2019
$626,100
$626,100
12/31/2019