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The average salary for an owner is approximately $90,334 annually. This amount reflects various factors including geographical location, industry, and years of experience. For instance, owners in high-demand industries may earn significantly more due to market competition.
Salary figures can differ substantially across states. For example, owners in California and New York often report higher earnings compared to those in less populated regions.
As owners gain experience, their earning potential usually increases, particularly if they expand their businesses or enter new markets. Exploring the highest paying job opportunities available can provide valuable insights for career advancement.
Understanding these salary dynamics is crucial for current and prospective owners to navigate their career paths effectively. Utilize resources like Zippia to stay informed about salary trends and opportunities in your area.
Let Zippia find your next owner job
Let Zippia find your next owner job
The average owner salary in New Jersey, New York, and Delaware are the highest in the U.S. The lowest average owner salary states are Louisiana, Alaska, and Hawaii.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | West Virginia | $108,058 | $51.95 |
| 2 | Delaware | $129,855 | $62.43 |
| 3 | New York | $134,092 | $64.47 |
| 4 | Michigan | $109,626 | $52.70 |
| 5 | New Jersey | $153,245 | $73.68 |
| 6 | Virginia | $119,771 | $57.58 |
| 7 | Washington | $116,071 | $55.80 |
| 8 | North Dakota | $95,188 | $45.76 |
| 9 | North Carolina | $105,617 | $50.78 |
| 10 | Rhode Island | $119,186 | $57.30 |
| 11 | Connecticut | $121,422 | $58.38 |
| 12 | Illinois | $108,127 | $51.98 |
| 13 | Pennsylvania | $106,057 | $50.99 |
| 14 | South Carolina | $98,793 | $47.50 |
| 15 | Maine | $111,283 | $53.50 |
| 16 | Arkansas | $84,858 | $40.80 |
| 17 | Massachusetts | $118,604 | $57.02 |
| 18 | District of Columbia | $121,516 | $58.42 |
| 19 | New Mexico | $87,093 | $41.87 |
| 20 | Montana | $104,318 | $50.15 |
| 21 | Vermont | $105,890 | $50.91 |
| 22 | Kansas | $79,415 | $38.18 |
| 23 | Minnesota | $91,246 | $43.87 |
| 24 | California | $105,250 | $50.60 |
| 25 | Ohio | $93,825 | $45.11 |
| 26 | Georgia | $87,605 | $42.12 |
| 27 | South Dakota | $74,595 | $35.86 |
| 28 | Maryland | $101,715 | $48.90 |
| 29 | Mississippi | $78,249 | $37.62 |
| 30 | Oregon | $84,206 | $40.48 |
| 31 | Oklahoma | $73,842 | $35.50 |
| 32 | Texas | $79,054 | $38.01 |
| 33 | Indiana | $74,789 | $35.96 |
| 34 | Florida | $83,536 | $40.16 |
| 35 | Utah | $78,059 | $37.53 |
| 36 | Kentucky | $70,562 | $33.92 |
| 37 | Tennessee | $71,138 | $34.20 |
| 38 | Wisconsin | $73,109 | $35.15 |
| 39 | Alabama | $68,532 | $32.95 |
| 40 | Missouri | $68,717 | $33.04 |
| 41 | Iowa | $67,885 | $32.64 |
| 42 | Louisiana | $67,287 | $32.35 |
| 43 | Colorado | $76,507 | $36.78 |
| 44 | Arizona | $74,953 | $36.04 |
| 45 | Nevada | $71,202 | $34.23 |
| 46 | Nebraska | $52,847 | $25.41 |
| 47 | Idaho | $59,279 | $28.50 |
| 48 | Wyoming | $57,231 | $27.51 |
| 49 | New Hampshire | $69,129 | $33.24 |
| 50 | Alaska | $66,026 | $31.74 |
| 51 | Hawaii | $62,846 | $30.21 |
The highest-paying cities for owners are New York, NY, Washington, DC, and Manassas, VA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | New York, NY | $134,539 | $64.68 |
| 2 | Washington, DC | $121,655 | $58.49 |
| 3 | Manassas, VA | $121,448 | $58.39 |
| 4 | Hartford, CT | $121,428 | $58.38 |
| 5 | Providence, RI | $119,148 | $57.28 |
| 6 | Boston, MA | $118,473 | $56.96 |
| 7 | Bellevue, WA | $116,808 | $56.16 |
| 8 | San Francisco, CA | $110,446 | $53.10 |
| 9 | Dearborn, MI | $110,183 | $52.97 |
| 10 | Chicago, IL | $108,571 | $52.20 |
| 11 | Raleigh, NC | $107,908 | $51.88 |
| 12 | Harrisburg, PA | $105,666 | $50.80 |
| 13 | Annapolis, MD | $101,936 | $49.01 |
| 14 | Fargo, ND | $96,200 | $46.25 |
| 15 | Columbus, OH | $93,838 | $45.11 |
| 16 | Saint Paul, MN | $91,369 | $43.93 |
| 17 | Atlanta, GA | $87,627 | $42.13 |
| 18 | Eugene, OR | $84,631 | $40.69 |
| 19 | San Antonio, TX | $80,323 | $38.62 |
| 20 | Lehi, UT | $77,815 | $37.41 |
Owners are the most in-demand in these five cities:
An owner's salary ranges from $60,000 a year at the 10th percentile to $135,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $135,000 | $11,250 | $65 |
| 75th Percentile | $111,000 | $9,250 | $53 |
| Average | $90,334 | $7,528 | $43 |
| 25th Percentile | $72,000 | $6,000 | $35 |
| 10th Percentile | $60,000 | $5,000 | $29 |
The highest paying types of owners are president/chief executive officer, president, and chief executive officer.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Vice President | $158,637 | $13,220 | $76.27 | 119,530 |
| President | $192,329 | $16,027 | $92.47 | 49,413 |
| General Manager/Partner | $85,061 | $7,088 | $40.89 | 279,155 |
| Chief Operating Officer | $136,604 | $11,384 | $65.67 | 128,993 |
| Chief Finance Officer | $143,947 | $11,996 | $69.21 | 145,184 |
| Managing Partner | $147,401 | $12,283 | $70.87 | 66,916 |
How would you rate the starting salaries for owners, as well as the prospects for salary advancement?
Laura Lott Valenti
Assistant Professor of Marketing John C. Daigle Endowed Professor, Nicholls State University
Top companies hiring owners now:
Owner salaries at BP America Inc and Boehringer Ingelheim are the highest-paying according to our most recent salary estimates. In addition, the average owner salary at companies like Fairview Health Services and Genentech are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | BP America Inc | $149,144 | $71.70 |
| 2 | Boehringer Ingelheim | $144,588 | $69.51 |
| 3 | Fairview Health Services | $139,541 | $67.09 |
| 4 | Genentech | $139,128 | $66.89 |
| 5 | Medtronic | $136,353 | $65.55 |
| 6 | General Motors | $135,386 | $65.09 |
| 7 | Mars | $133,676 | $64.27 |
| 8 | Gundersen Lutheran Medical Foundation Inc. | $133,140 | $64.01 |
| 9 | Meta | $132,025 | $63.47 |
| 10 | Veoneer | $129,593 | $62.30 |
| 11 | Takeda Pharmaceuticals U.S.A., Inc. | $128,638 | $61.85 |
| 12 | Toyota Financial Svc | $128,006 | $61.54 |
| 13 | Visteon | $127,885 | $61.48 |
| 14 | Magna International | $127,714 | $61.40 |
| 15 | Vestas Blades America | $127,236 | $61.17 |
| 16 | Alene Candles | $126,316 | $60.73 |
| 17 | Polaris | $125,030 | $60.11 |
| 18 | Ernst & Young | $124,162 | $59.69 |
| 19 | Cerner | $123,206 | $59.23 |
| 20 | New Life | $121,831 | $58.57 |
The average owner salary has risen by $9,250 over the last ten years. In 2014, the average owner earned $81,084 annually, but today, they earn $90,334 a year. That works out to a 3% change in pay for owners over the last decade.
Compare owner salaries for cities or states with the national average over time.
Compare owner salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $90,300 | $43.43 | +0.8% |
| 2025 | $89,600 | $43.08 | -2.8% |
| 2024 | $92,100 | $44.28 | +3.3% |
| 2023 | $89,000 | $42.80 | +1.1% |
| 2022 | $88,000 | $42.32 | +3.4% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Get It-Hospitality | Bookkeeper-Work Exclusively With Small Business Owners-Remote | Plymouth, MA | 06/29/2025 | $52,175 |
| Workday, Inc. | Compliance System Owner | McLean, VA | 06/28/2025 | $173,600 |
| Workday, Inc. | Compliance System Owner | Pleasanton, CA | 06/28/2025 | $173,600 |
| Blackberry Farm | Private Owner Housekeeper | Walland, TN | 06/28/2025 | $33,392 |
| Cleveland Clinic | Owners Representative | Cleveland, OH | 06/27/2025 | $102,242 |
| KBI Biopharma Inc. | Laboratory Informatics Process Owner | Durham, NC | 06/27/2025 | $112,320 |
| Baxter | Global Process Owner-Time To Pay | Deerfield, IL | 06/26/2025 | $184,000 |
| SMBC | Credit Risk Model Owner | New York, NY | 06/26/2025 | $85,000 |
| Oracle | Oracle Health Engagement Owner | Olympia, WA | 06/25/2025 | $56,300 |
| Oracle | Oracle Health Engagement Owner | Baton Rouge, LA | 06/25/2025 | $56,300 |
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