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Job outlook for co-owners in the United States
Co-owner job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected co-owner job growth rate is 6% from 2018-2028.
About 189,200 new jobs for co-owners are projected over the next decade.
Co-owner salaries have increased 3% for co-owners in the last 5 years.
There are over 715,625 co-owners currently employed in the United States.
There are 52,915 active co-owner job openings in the US.
The average co-owner salary is $86,704.
Are co-owner jobs in demand?
Co-owner job and salary trends over time
Co-owner jobs over time
Co-owner job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 715,625 | 0.21% |
| 2020 | 659,674 | 0.20% |
| 2019 | 679,128 | 0.20% |
| 2018 | 655,802 | 0.20% |
| 2017 | 642,530 | 0.19% |
Average co-owner salary over time
Co-owner salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $86,704 | $41.68 | +0.8% |
| 2025 | $86,009 | $41.35 | --2.7% |
| 2024 | $88,406 | $42.50 | +3.5% |
| 2023 | $85,454 | $41.08 | +1.1% |
| 2022 | $84,494 | $40.62 | +3.5% |
Co-owner jobs by state
Most common states for co-owners
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | North Dakota | 755,393 | 1,904 | 252% |
| 2 | South Dakota | 869,666 | 1,761 | 202% |
| 3 | Kansas | 2,913,123 | 3,852 | 132% |
| 4 | Arkansas | 3,004,279 | 3,858 | 128% |
| 5 | Nebraska | 1,920,076 | 2,169 | 113% |
| 6 | Oklahoma | 3,930,864 | 3,601 | 92% |
| 7 | Missouri | 6,113,532 | 5,424 | 89% |
| 8 | Alabama | 4,874,747 | 3,994 | 82% |
| 9 | Iowa | 3,145,711 | 2,360 | 75% |
| 10 | Kentucky | 4,454,189 | 3,001 | 67% |
| 11 | Idaho | 1,716,943 | 1,137 | 66% |
| 12 | Minnesota | 5,576,606 | 3,629 | 65% |
| 13 | West Virginia | 1,815,857 | 1,182 | 65% |
| 14 | Louisiana | 4,684,333 | 2,845 | 61% |
| 15 | New Mexico | 2,088,070 | 1,258 | 60% |
| 16 | Wyoming | 579,315 | 311 | 54% |
| 17 | South Carolina | 5,024,369 | 2,535 | 50% |
| 18 | Tennessee | 6,715,984 | 3,252 | 48% |
| 19 | Wisconsin | 5,795,483 | 2,717 | 47% |
| 20 | North Carolina | 10,273,419 | 4,245 | 41% |
Co-Owner job outlook: Expert opinions
Our panel of co-owner experts
University of Alaska Fairbanks
San Francisco State University
Centenary College of Louisiana
University of Arkansas at Little Rock
Culver-Stockton College
University of Minnesota - Twin Cities
North Carolina State University
University of North Carolina
What Co-Owner skills would you recommend for someone trying to advance their career?
Jaunelle Celaire: Never stop learning! This may consist of going back to school, earning new certifications in your field of study, attending conferences and seminars, and making sure that your time management is always at its finest level of excellence.
What will help Co-Owners increase their earning potential?
Jaunelle Celaire: 2. Leadership - the world needs more of these; the ability to lead, craft and grow. Digital literacy - this world is definitely turning digital and virtual is the new trend. Emotional intelligence - there is a vast number of personalities in our world today; individuals grow and it is our job to stay emotionally connected, so we can operate more effectively.
Bruce Heiman Ph.D.
Professor of International BusinessSan Francisco State University
Department of International Business
What hard/technical skills are most important for Co-Owners?
Bruce Heiman Ph.D.: -Analytical skills (ability to gather data, clean it, analyze it, write-up results and present on what the meaning of the analysis suggests for action (the last one is most important--"what does it really mean?"
-Some experience and skills with coding in any language (at the moment, Python or C++ are preferred, though Ruby on Rails is also good)
-Deep spreadsheet skills (pivot tables and macros, as examples).
-Relational database skills, including programming (e.g., MySQL)
-Data mining
-AI/Machine Learning experience
Dr. Barbara Davis
William J. Atkins DeanCentenary College of Louisiana
Frost School of Business
What experience really stands out on Co-Owner resumes?
Dr. Barbara Davis: Graduates participating in internships related to their areas of interest. Internships spanning more than one semester at the same firm stand out as well.
What skills stand out on Co-Owner resumes?
Dr. Timothy Edwards: Writing and research skills. Analytical and critical thinking skills. Technical skills such as web design, graphic design, audio and video production skills. Employers are interested in potential employees knowledge, intelligence and skills.
Robin Jarvis
Director of Career and Internship ServicesCulver-Stockton College
Business Department
What general advice would you give to a Co-Owner?
Robin Jarvis: Be flexible. Employment trends were shifting and changing, before the pandemic hit, and we can expect more change in the days ahead. Opportunities are still out there, and we will recover from these challenges. I anticipate growth after stabilization and the creation of jobs that don't exist today. Be willing to take the skills you learned in college and apply them to a wide array of opportunities. Explore careers outside your area of study, and never stop learning. Most important - network, network, network!
What are the biggest trends we'll see in the Co-Owner job market given the pandemic?
Susan Meyer-Goldstein: While the pandemic remains disruptive and dangerous for workers and the broader public, there are both "typical" business activities in many sectors and "atypical" activities in others. For those hoping to get their foot in the door with a new employer, there are industries where demand is robust - some health care industries, some food industries, logistics, certain types of retail (online, for example). Some industries, such as travel, are on hold now but will begin to recover as pent-up demand returns. Many professional services - accounting, consulting - and many tech-based industries continue to see strong demand, which means that those job markets are likely to be healthy.
What technology do you think will become more important and prevalent for Co-Owners in the next 3-5 years?
Susan Meyer-Goldstein: Well, all of them?
In addition to pre-pandemic tech development, many organizations are transitioning into new technologies, including more extensive use of some and experimentation with others. Recall that, while Zoom existed a year ago, most organizations barely used it. Now, it is ubiquitous, along with similar communication tools. The health care industry will likely be significantly transformed by technology over the next few years - not just telemedicine, but home-based medical treatments, artificial intelligence creeping into many processes, and enhanced use of information to drive activities across the industry - from tech development to insurance, pharm, elder care, etc. Many other industries will experience similar.
Lewis Sheats
Assistant Vice Provost for Entrepreneurship and Executive Director of Entrepreneurship ClinicNorth Carolina State University
Management, Innovation & Entrepreneurship Department
How do you envision technology impacting Co-Owners in the next 5 years?
Lewis Sheats: Technology is embedded in every aspect of our lives; this can lead to great positives and negatives. From a positive perspective, technology can lead to a greater reach for a recent graduate and increased efficiencies in accomplishing defined goals. This reliance on technology also leads to negatives, for example, the inability to disconnect and driving personal growth outside of the job.
Are there any particularly good places in the United States for Co-Owners to find work opportunities?
Randy Myer: The major technology centers in the country are driving innovation and new companies. Job growth is most prevalent in young companies, and most of those start in hubs like Austin, TX or Raleigh Durham, NC. Yes, Silicon Valley is a major hub but so expensive, and CA is in trouble at so many levels, pick a hub that still knows how to manage growth