Business Development Manager salary

Q: What state pays Business Development Managers the most?

California pays Business Development Managers the most in the United States, with an average salary of $112,556 per year, or $54.11 per hour.

Q: How do I know if I'm being paid fairly as a Business Development Manager?

You know if you are being paid fairly as a Business Development Manager if your pay is close to the average pay for the state you live in. For example, if you live in Washington you should be paid close to $111,209 per year.

Q: What is a good starting salary for a Business Development Manager?

A good starting salary for a business development manager is $71,000 in the United States. That puts you in the 10th percentile of annual income for a business development manager in the U.S., which is about what you would expect if you were new to the field. The average salary for business development managers is $105,849, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a business development manager can vary by state.

Q: Does business development pay well?

Yes, business development pays well. On average, business development managers earn $130,085 a year. At an entry-level, with less than a year of experience, you may only earn $53,000. Pay depends on the size of the company, location, industry, education, and work history.

Q: How much do BDR managers make?

Business development managers (BDR) make $130,085 annually on average, but it can range between $50,000- $154,000 based on your background and location. The range of salary is due to different ways the title is used and different spans of responsibilities of the role.

Q: How much money does a business development manager make?

A business development manager in the US makes $130,085 annually on average, but it can range between $50,000- $154,000 based on work history and location. The range of salary is due to different ways the title is used and different spans of responsibilities of the role.

Average business development manager salary

$100,769

$48.45 hourly rate

Entry-level business development manager salary

$67,000 yearly salary

Updated January 8, 2025

How much does a business development manager make?

The average business development manager salary in the United States is $100,769. Business development manager salaries typically range between $67,000 and $151,000 yearly. The average hourly rate for business development managers is $48.45 per hour.

Business development manager salary is impacted by location, education, and experience. Business development managers earn the highest average salary in California.

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Business development manager salary by:

Where can a Business Development Manager earn more?

Compare salary by location

137k

117k

97k

77k

57k

Ashburn, VA$122,601

Phoenix, AZ$87,347

Compare salary by company

206k

186k

166k

146k

126k

Shearman & Sterling$194,394

Ricoh Innovations$156,171

Business Development Manager

Experience Level	Avg. Salary	Hourly Rate
Entry-level business development manager	$74,800	$35.96
Mid-level business development manager	$79,900	$38.41
Senior-level business development manager	$182,000	$87.38

Business Development Manager salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed and Payscale, the average salary for a business development manager typically falls between $80,827 and $138,700.

zippia

$100,769yearly

indeed[1]

$85,440yearly

Salary.com[2]

$138,700yearly

payscale[3]

$80,827yearly

Average business development manager salary by state

The highest-paying states for business development managers are California, Washington, and New Jersey. The lowest average business development manager salary states are Oklahoma, North Dakota, and Mississippi.

State View
County View

Average Salary:

Highest paying states for business development managers

Rank	State	Avg. Salary	Hourly Rate
1	Washington	$111,209	$53.47
2	Nevada	$101,154	$48.63
3	California	$112,556	$54.11
4	Rhode Island	$101,883	$48.98
5	New York	$102,372	$49.22
6	Ohio	$98,938	$47.57
7	Oregon	$101,182	$48.65
8	Michigan	$96,259	$46.28
9	New Mexico	$96,948	$46.61
10	New Jersey	$105,119	$50.54
11	Massachusetts	$100,495	$48.31
12	District of Columbia	$101,388	$48.74
13	Wisconsin	$90,279	$43.40
14	Maine	$98,944	$47.57
15	Indiana	$92,620	$44.53
16	New Hampshire	$98,507	$47.36
17	Pennsylvania	$92,749	$44.59
18	Vermont	$95,972	$46.14
19	Montana	$88,273	$42.44
20	Minnesota	$87,897	$42.26
21	Kentucky	$88,402	$42.50
22	North Carolina	$94,011	$45.20
23	Connecticut	$97,441	$46.85
24	South Dakota	$86,508	$41.59
25	Delaware	$96,476	$46.38
26	Texas	$87,710	$42.17
27	Virginia	$96,327	$46.31
28	Illinois	$90,972	$43.74
29	Maryland	$100,042	$48.10
30	Wyoming	$86,372	$41.52
31	Idaho	$92,407	$44.43
32	Missouri	$86,798	$41.73
33	Arkansas	$81,723	$39.29
34	Tennessee	$83,153	$39.98
35	Alaska	$85,257	$40.99
36	Arizona	$87,016	$41.83
37	Iowa	$85,689	$41.20
38	Kansas	$81,113	$39.00
39	Nebraska	$80,674	$38.79
40	Colorado	$88,808	$42.70
41	West Virginia	$82,495	$39.66
42	Utah	$83,022	$39.91
43	North Dakota	$77,955	$37.48
44	Alabama	$80,913	$38.90
45	Louisiana	$81,464	$39.17
46	Georgia	$81,237	$39.06
47	Oklahoma	$80,421	$38.66
48	Mississippi	$77,145	$37.09
49	South Carolina	$75,448	$36.27
50	Hawaii	$57,920	$27.85
51	Florida	$69,879	$33.60

Top business development manager jobs near you

Highest paying cities for business development managers

The highest-paying cities for business development managers are San Francisco, CA, Seattle, WA, and Jersey City, NJ.

Rank	City	Avg. Salary	Hourly Rate
1	San Francisco, CA	$122,601	$58.94
2	Seattle, WA	$111,646	$53.68
3	Jersey City, NJ	$105,189	$50.57
4	New York, NY	$102,608	$49.33
5	Washington, DC	$101,454	$48.78
6	Las Vegas, NV	$100,354	$48.25
7	Boston, MA	$100,301	$48.22
8	Baltimore, MD	$100,246	$48.20
9	Columbus, OH	$98,688	$47.45
10	Arlington, VA	$97,840	$47.04
11	Detroit, MI	$96,563	$46.42
12	Raleigh, NC	$95,429	$45.88
13	Richmond, IN	$93,422	$44.91
14	Philadelphia, PA	$93,228	$44.82
15	Chicago, IL	$91,281	$43.89
16	Arlington, TX	$89,531	$43.04
17	Austin, MN	$88,785	$42.69
18	Denver, CO	$88,675	$42.63
19	Saint Louis, MO	$88,073	$42.34
20	Phoenix, AZ	$87,347	$41.99

Business Development Managers are the most in-demand in these five cities:

Business Development Manager salary details

A business development manager's salary ranges from $67,000 a year at the 10th percentile to $151,000 at the 90th percentile.

Average Business Development Manager Salary Graph, Trends, and Summary

What is a business development manager's salary?

Percentile	Annual Salary	Monthly Salary	Hourly Rate
90th Percentile	$151,000	$12,583	$73
75th Percentile	$124,000	$10,333	$60
Average	$100,769	$8,397	$48
25th Percentile	$81,000	$6,750	$39
10th Percentile	$67,000	$5,583	$32

Highest paying business development manager jobs

The highest paying types of business development managers are vice president, business development, head of business development, and senior business development manager.

Job Title	Annual Salary	Monthly Salary	Hourly Rate	Job Openings
Director Of Sales & Business Development	$82,584	$6,882	$39.70	163,561
Business To Business Sales Manager	$75,242	$6,270	$36.17	168,304
Vice President, Business Development	$165,159	$13,763	$79.40	188,137
Director New Business Development	$110,272	$9,189	$53.02	154,470
Development & Program Manager	$102,824	$8,569	$49.43	186,222
Head Of Business Development	$134,190	$11,182	$64.51	158,539

Top companies hiring business development managers now:

Which companies pay business development managers the most?

Business development manager salaries at Shearman & Sterling and Mayo Clinic are the highest-paying according to our most recent salary estimates. In addition, the average business development manager salary at companies like Simpson Thacher & Bartlett and Baker McKenzie are highly competitive.

Rank	Company	Average Salary	Hourly Rate
1	Shearman & Sterling	$194,394	$93.46
2	Mayo Clinic	$188,904	$90.82
3	Simpson Thacher & Bartlett	$186,964	$89.89
4	Baker McKenzie	$179,712	$86.40
5	Clifford Chance	$178,490	$85.81
6	Paul, Weiss, Rifkind, Wharton & Garrison	$177,897	$85.53
7	Latham & Watkins	$176,440	$84.83
8	Ropes & Gray	$176,126	$84.68
9	NVIDIA	$171,242	$82.33
10	Fenwick & West	$169,198	$81.35
11	Venable	$168,097	$80.82
12	Pattern Energy Group	$165,151	$79.40
13	Meta	$163,669	$78.69
14	Lyft	$162,241	$78.00
15	Apple	$161,388	$77.59
16	Dolby Laboratories	$159,190	$76.53
17	VMware	$158,530	$76.22
18	Pacific Investment Management Company LLC	$157,596	$75.77
19	Google	$157,164	$75.56
20	Ricoh Innovations	$156,171	$75.08

Wage gap by gender, race and education

$102,000$100,600$99,200$97,800$96,400$95,000

MaleFemale

Business Development Manager salary by industry

The average business development manager salary varies across industries:

The average business development manager salary in the finance industry is $103,515, the highest of any industry.
The average business development manager salary in the finance industry is $97,625.
Business development managers in the hospitality industry earn an average salary of $84,239, the lowest of any industry.

Highest paying industries for business development managers

Rank	Industry	Average Salary	Hourly Rate
1	Finance	$103,515	$49.77
2	Manufacturing	$97,625	$46.94
3	Technology	$95,311	$45.82
4	Telecommunication	$93,763	$45.08
5	Retail	$92,145	$44.30
6	Professional	$90,742	$43.63
7	Hospitality	$84,239	$40.50

High Paying Business Development Manager Jobs

Business Development Manager salary trends

The average business development manager salary has risen by $18,542 over the last ten years. In 2014, the average business development manager earned $82,227 annually, but today, they earn $100,769 a year. That works out to a 8% change in pay for business development managers over the last decade.

Compare business development manager salaries for cities or states with the national average over time.

Average business development manager salary over time

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

Business Development Manager salary by year

Year	Avg. Salary	Hourly Rate	% Change
2025	$101,000	$48.45	+3.7%
2024	$97,000	$46.63	+1.9%
2023	$95,200	$45.76	+1.5%
2022	$93,700	$45.06	+0.8%
2021	$93,000	$44.70	+1.9%

Recently added business development manager salaries

Company	Job	Location	Date Added	Salary
Kleinfelder, Inc.	Federal Business Development Senior Manager	Huntingtown, MD	12/17/2024	$104,041
Alibaba Group Ltd.	Alibaba Cloud-Business Development Manager (Global Key Account)-Sunnyvale CA, United States	Sunnyvale, CA	12/17/2024	$127,200
Exokeryx, Inc.	Business Development Manager	Philadelphia, PA	12/17/2024	$90,000
Quidelortho Corporation	Transfusion Medicine Business Development Manager-South Arkansas, Mississippi, and Louisiana	Pope, MS	12/17/2024	$94,000
Quidelortho Corporation	Point of Care/Molecular Business Development Manager-Gulf Region	Alabama	12/17/2024	$94,000
Quidelortho Corporation	Transfusion Medicine Business Development Manager-South Arkansas, Mississippi, and Louisiana	Bono, AR	12/17/2024	$94,000
Quidelortho Corporation	Transfusion Medicine Business Development Manager-South Arkansas, Mississippi, and Louisiana	Noble, LA	12/17/2024	$94,000
Corning	Business Development Manager	Corning, NY	12/16/2024	$151,673
Visa	Business Development Manager	Miami, FL	12/16/2024	$129,730
American Bureau of Shipping	Capture/Business Development Manager	Washington, DC	12/16/2024	$130,000