Owner demographics and statistics in the US
Owner demographics research summary. Zippia estimates owner demographics and statistics in the United States by using a database of 30 million profiles. Our owner estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about owners after extensive research and analysis:
- There are over 770,973 owners currently employed in the United States.
- 36.9% of all owners are women, while 63.1% are men.
- The average owner age is 51 years old.
- The most common ethnicity of owners is White (76.7%), followed by Hispanic or Latino (7.6%), Asian (7.5%) and Unknown (3.9%).
- Owners are most in-demand in Chicago, IL.
- New York, NY pays an annual average wage of $134,539, the highest in the US.
- In 2022, women owners earned 91% of what men earned.
- West Virginia is the best state for owners to live.
- Owners are 85% more likely to work at private companies in comparison to public companies.
On this page
Owner demographics by:
Owner gender statistics
36.9% of owners are women and 63.1% of owners are men.
- Male, 63.1%
- Female, 36.9%
Owner gender ratio
| Gender | Percentages |
|---|---|
| Male | 63.1% |
| Female | 36.9% |
Owner gender pay gap
Women earn 91¢ for every $1 earned by men
Male income
$86,143
Female income
$78,380
Owner gender ratio over time
This data breaks down the percentage of men and women in owner positions over time. Currently, 36.9% of owners are female.
Owner gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 70.84% | 29.16% |
| 2011 | 70.61% | 29.39% |
| 2012 | 69.84% | 30.16% |
| 2013 | 68.38% | 31.62% |
| 2014 | 67.79% | 32.21% |
| 2015 | 67.49% | 32.51% |
| 2016 | 66.84% | 33.16% |
| 2017 | 67.24% | 32.76% |
| 2018 | 67.06% | 32.94% |
| 2019 | 64.26% | 35.74% |
| 2020 | 63.10% | 36.90% |
| 2021 | 63.11% | 36.89% |
Owner related jobs gender ratio
We compared owners 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 title | Male | Female |
|---|---|---|
| Administrative Assistant To General Manager | 9% | 91% |
| Manager Stylist | 9% | 91% |
| Salon Manager | 12% | 88% |
| Owner | 63% | 37% |
| General Superintendent | 97% | 3% |
| Street Superintendent | 97% | 3% |
| District Commercial Superintendent | 98% | 2% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Owner demographics by race
The most common ethnicity among owners is White, which makes up 76.7% of all owners. Comparatively, 7.6% of owners are Hispanic or Latino and 7.5% of owners are Asian.
- White, 76.7%
- Hispanic or Latino, 7.6%
- Asian, 7.5%
- Unknown, 3.9%
- Black or African American, 3.7%
- American Indian and Alaska Native, 0.6%
Owner race
| Owner race | Percentages |
|---|---|
| White | 76.7% |
| Hispanic or Latino | 7.6% |
| Asian | 7.5% |
| Unknown | 3.9% |
| Black or African American | 3.7% |
| American Indian and Alaska Native | 0.6% |
Owner race and ethnicity over time
See how owner racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Owner race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 83.25% | 3.29% | 5.64% | 6.05% |
| 2011 | 83.44% | 3.68% | 5.27% | 5.66% |
| 2012 | 82.68% | 3.61% | 5.81% | 6.13% |
| 2013 | 82.94% | 3.42% | 5.91% | 5.86% |
| 2014 | 82.97% | 3.55% | 5.55% | 6.19% |
| 2015 | 82.91% | 3.42% | 5.54% | 6.18% |
| 2016 | 82.57% | 3.32% | 6.10% | 6.02% |
| 2017 | 81.21% | 3.48% | 6.64% | 6.59% |
| 2018 | 80.71% | 3.32% | 6.84% | 6.90% |
| 2019 | 81.84% | 3.03% | 6.58% | 6.67% |
| 2020 | 78.45% | 3.51% | 7.04% | 6.98% |
| 2021 | 76.71% | 3.68% | 7.50% | 7.59% |
Owner wage gap by race
According to our data, white owners have the highest average salary compared to other ethnicities. Black or african american owners have the lowest average salary at $83,780.
| Ethnicity | Salary |
|---|---|
| Unknown | $85,064 |
| White | $88,288 |
| Black or African American | $83,780 |
| Asian | $87,737 |
| Hispanic or Latino | $85,928 |
Average owner age
See how the average age of owners varies based on ethnicity and gender.
Male
Female
Owner age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Black or African American | 53 | 52 |
| Unknown | 51 | 49 |
| Asian | 49 | 48 |
| Hispanic or Latino | 50 | 46 |
| White | 53 | 52 |
| American Indian and Alaska Native | 52 | 48 |
Owner age breakdown
The average age of owners is 40+ years years old, representing 89% of the owner population.
Owner age breakdown
| Owner Years | Percentages |
|---|---|
| 40+ years | 89% |
| 30-40 years | 11% |
| 20-30 years | 0% |
Owner educational attainment
The most common degree for owners is bachelor's degree, with 52% of owners earning that degree. The second and third most common degree levels are associate degree degree at 20% and associate degree degree at 12%.
- Bachelor's, 52%
- Associate, 20%
- High School Diploma, 12%
- Master's, 8%
- Other Degrees, 8%
Owners by degree level
| Owner degree | Percentages |
|---|---|
| Bachelor's | 52% |
| Associate | 20% |
| High School Diploma | 12% |
| Master's | 8% |
| Other Degrees | 8% |
Owner jobs you might like
Owner wage gap by degree level
According to the data, owners with a Master's degree earn more than those without, at $100,949 annually. With a Doctorate degree, owners earn a median annual income of $100,936 compared to $94,102 for owners with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $100,949 |
| Bachelor's Degree | $94,102 |
| Doctorate Degree | $100,936 |
| Some College/ Associate Degree | $76,441 |
Owner employment statistics
Most owners work for a private in the retail industry.
Company size where owners work
Below, you can see the size of companies where owners work.
Owner jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 14% |
| 50 - 100 employees | 25% |
| 100 - 500 employees | 23% |
| 500 - 1,000 employees | 8% |
| 1,000 - 10,000 employees | 19% |
| > 10,000 employees | 11% |
Owner jobs by company type
Employees with the owner job title have their preferences when it comes to working for a company. For instance, most owners prefer to work at private companies over public companies.
Owner jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 13% |
| Private | 85% |
| Government | 0% |
Owner jobs by industry
The most common industries for owners are retail, professional and technology.
Owner industry statistics
| Industry | Percentages |
|---|---|
| Retail | 13% |
| Professional | 12% |
| Technology | 11% |
| Manufacturing | 9% |
| Construction | 8% |
| Hospitality | 7% |
| Media | 6% |
| Health Care | 5% |
| Fortune 500 | 5% |
| Start-up | 4% |
| Internet | 3% |
| Transportation | 3% |
| Finance | 3% |
| Real Estate | 2% |
| Education | 2% |
| Automotive | 1% |
| Utilities | 1% |
| Telecommunication | 1% |
| Non Profits | 1% |
| Insurance | 1% |
| Agriculture | 1% |
| Energy | 1% |
Owner turnover and employment statistics
Owner unemployment rate over time
The unemployment rate for owners between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Owner unemployment rate by year
| Year | Owner unemployment rate |
|---|---|
| 2010 | 4.37% |
| 2011 | 3.53% |
| 2012 | 3.04% |
| 2013 | 2.67% |
| 2014 | 2.12% |
| 2015 | 1.80% |
| 2016 | 1.98% |
| 2017 | 1.88% |
| 2018 | 1.65% |
| 2019 | 1.72% |
| 2020 | 2.10% |
| 2021 | 2.06% |
Average owner tenure
The average owner stays at their job for 1-2 years, based on the 310,513 owners resumes in Zippia's database.
Owner tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 5% |
| 1-2 years | 19% |
| 3-4 years | 16% |
| 5-7 years | 20% |
| 8-10 years | 10% |
| 11+ years | 31% |
Owner LGBT ratio compared to similar jobs
Review the percent of owners that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Business Office Director | 7.93% | 83,491 |
| Project Manager | 8.41% | 167,116 |
| Client Account Manager | 9.38% | 128,665 |
| Deputy General Manager | 9.63% | 228,918 |
| Owner | 11.54% | - |
| Human Resources Manager | 13.02% | 43,453 |
| Advertising Director | 14.95% | 16,270 |
Similar owner jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Business Office Director | 7.93% | 83,491 |
| Project Manager | 8.41% | 167,116 |
| Client Account Manager | 9.38% | 128,665 |
| Deputy General Manager | 9.63% | 228,918 |
| Human Resources Manager | 13.02% | 43,453 |
| Advertising Director | 14.95% | 16,270 |
Foreign languages spoken by owners
The most common foreign language among owners is Spanish at 53.3%. The second-most popular foreign language spoken is French at 9.5% and German is the third-most popular at 5.2%.
- Spanish, 53.3%
- French, 9.5%
- German, 5.2%
- Portuguese, 3.8%
- Italian, 3.8%
- Other, 24.4%
Owner languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 53.3% |
| French | 9.5% |
| German | 5.2% |
| Portuguese | 3.8% |
| Italian | 3.8% |
| Other | 24.4% |
