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The average salary for a Business Specialist stands at $73,521 per year, highlighting the role's significance across various sectors. Salaries typically range from $60,000 to $90,000, depending on factors such as geographic location, years of experience, and the specific industry.
Business Specialists earn varying salaries depending on their state of employment. For example, states like California and New York tend to offer higher compensation compared to others. Understanding these differences can help professionals negotiate better salaries.
In addition to traditional roles, Business Specialists can explore positions in project management, operations, and data analysis, which may offer even higher salaries. Networking and continuous education are vital for those looking to advance in this field.
Staying informed about salary trends and job opportunities can empower aspiring Business Specialists to make strategic career decisions. For detailed insights into salary estimates and job openings, visit Zippia's dedicated resources.
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The average business specialist salary in Washington, Oregon, and Connecticut are the highest in the U.S. The lowest average business specialist salary states are Nebraska, Florida, and Tennessee.
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Pennsylvania | $88,224 | $42.42 |
| 2 | Utah | $84,911 | $40.82 |
| 3 | Maryland | $86,273 | $41.48 |
| 4 | Washington | $103,453 | $49.74 |
| 5 | Maine | $77,733 | $37.37 |
| 6 | Oregon | $97,762 | $47.00 |
| 7 | Rhode Island | $75,767 | $36.43 |
| 8 | District of Columbia | $88,404 | $42.50 |
| 9 | Michigan | $77,583 | $37.30 |
| 10 | Delaware | $86,038 | $41.36 |
| 11 | North Carolina | $73,233 | $35.21 |
| 12 | Nevada | $74,827 | $35.97 |
| 13 | Indiana | $80,018 | $38.47 |
| 14 | Alaska | $75,553 | $36.32 |
| 15 | Connecticut | $88,861 | $42.72 |
| 16 | Vermont | $73,878 | $35.52 |
| 17 | Massachusetts | $84,617 | $40.68 |
| 18 | Iowa | $71,823 | $34.53 |
| 19 | North Dakota | $68,058 | $32.72 |
| 20 | New Jersey | $83,792 | $40.28 |
| 21 | West Virginia | $71,093 | $34.18 |
| 22 | Kansas | $70,110 | $33.71 |
| 23 | Wisconsin | $69,567 | $33.45 |
| 24 | New Hampshire | $69,290 | $33.31 |
| 25 | California | $81,448 | $39.16 |
| 26 | New York | $77,151 | $37.09 |
| 27 | Virginia | $75,904 | $36.49 |
| 28 | South Dakota | $66,325 | $31.89 |
| 29 | Hawaii | $72,969 | $35.08 |
| 30 | Louisiana | $68,959 | $33.15 |
| 31 | Montana | $66,541 | $31.99 |
| 32 | Minnesota | $67,662 | $32.53 |
| 33 | Arizona | $70,114 | $33.71 |
| 34 | Ohio | $65,244 | $31.37 |
| 35 | Arkansas | $61,921 | $29.77 |
| 36 | Kentucky | $65,131 | $31.31 |
| 37 | Idaho | $70,615 | $33.95 |
| 38 | Wyoming | $61,523 | $29.58 |
| 39 | Missouri | $64,926 | $31.21 |
| 40 | Nebraska | $59,954 | $28.82 |
| 41 | Illinois | $68,894 | $33.12 |
| 42 | New Mexico | $61,302 | $29.47 |
| 43 | Colorado | $65,634 | $31.55 |
| 44 | Tennessee | $57,181 | $27.49 |
| 45 | Mississippi | $60,965 | $29.31 |
| 46 | Texas | $60,544 | $29.11 |
| 47 | Oklahoma | $56,715 | $27.27 |
| 48 | Georgia | $61,553 | $29.59 |
| 49 | Alabama | $53,674 | $25.80 |
| 50 | South Carolina | $55,244 | $26.56 |
| 51 | Florida | $57,536 | $27.66 |
The highest-paying cities for business specialists are Seattle, WA, Albany, OR, and San Francisco, CA.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Seattle, WA | $104,729 | $50.35 |
| 2 | Albany, OR | $97,933 | $47.08 |
| 3 | San Francisco, CA | $90,727 | $43.62 |
| 4 | Hartford, CT | $89,217 | $42.89 |
| 5 | Philadelphia, PA | $88,658 | $42.62 |
| 6 | Washington, DC | $88,413 | $42.51 |
| 7 | Boston, MA | $84,662 | $40.70 |
| 8 | Jersey City, NJ | $84,151 | $40.46 |
| 9 | Richmond, IN | $80,977 | $38.93 |
| 10 | Albany, NY | $78,374 | $37.68 |
| 11 | Portland, ME | $78,236 | $37.61 |
| 12 | Detroit, MI | $77,915 | $37.46 |
| 13 | Arlington, VA | $77,638 | $37.33 |
| 14 | Charlotte, NC | $71,325 | $34.29 |
| 15 | Phoenix, AZ | $70,433 | $33.86 |
| 16 | Kansas City, KS | $70,023 | $33.66 |
| 17 | Chicago, IL | $69,214 | $33.28 |
| 18 | Minneapolis, MN | $67,598 | $32.50 |
| 19 | Denver, CO | $65,509 | $31.49 |
| 20 | Saint Louis, MO | $65,268 | $31.38 |
A business specialist's salary ranges from $44,000 a year at the 10th percentile to $120,000 at the 90th percentile.

| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $120,000 | $10,000 | $58 |
| 75th Percentile | $95,000 | $7,917 | $46 |
| Average | $73,521 | $6,127 | $35 |
| 25th Percentile | $56,000 | $4,667 | $27 |
| 10th Percentile | $44,000 | $3,667 | $21 |
The highest paying types of business specialists are business developer, business advisor, and senior specialist.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Business Consultant | $87,214 | $7,268 | $41.93 | 128,033 |
| Business Banker | $69,423 | $5,785 | $33.38 | 70,054 |
| Business Developer | $101,635 | $8,470 | $48.86 | 193,469 |
| Business Coordinator | $49,119 | $4,093 | $23.61 | 78,259 |
| Business Advisor | $96,469 | $8,039 | $46.38 | 125,154 |
How would you rate the starting salaries for business specialists, as well as the prospects for salary advancement?
Kim Chatani
Assistant Professor, Concordia University Irvine
Top companies hiring business specialists now:
Business specialist salaries at BP America Inc and Boehringer Ingelheim are the highest-paying according to our most recent salary estimates. In addition, the average business specialist salary at companies like Takeda Pharmaceuticals U.S.A., Inc. and Apple are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | BP America Inc | $159,028 | $76.46 |
| 2 | Boehringer Ingelheim | $151,315 | $72.75 |
| 3 | Takeda Pharmaceuticals U.S.A., Inc. | $147,204 | $70.77 |
| 4 | Apple | $134,311 | $64.57 |
| 5 | $121,697 | $58.51 | |
| 6 | Aera Energy | $118,101 | $56.78 |
| 7 | Microsoft | $117,352 | $56.42 |
| 8 | Accenture | $114,170 | $54.89 |
| 9 | Apache | $111,599 | $53.65 |
| 10 | NTT Data International L.L.C. | $109,141 | $52.47 |
| 11 | Federal Reserve Bank | $107,345 | $51.61 |
| 12 | Xavient Information Systems | $106,073 | $51.00 |
| 13 | Warner Norcross + Judd | $103,168 | $49.60 |
| 14 | Northern Trust | $102,816 | $49.43 |
| 15 | Constellation Energy Partners | $102,262 | $49.16 |
| 16 | Intel | $101,481 | $48.79 |
| 17 | Amdocs | $101,008 | $48.56 |
| 18 | IBM | $99,641 | $47.90 |
| 19 | Sutter Health | $98,745 | $47.47 |
| 20 | Deloitte | $95,130 | $45.74 |
The average business specialist salary has risen by $10,821 over the last ten years. In 2014, the average business specialist earned $62,700 annually, but today, they earn $73,521 a year. That works out to a 9% change in pay for business specialists over the last decade.
Compare business specialist salaries for cities or states with the national average over time.
Compare business specialist salaries for individual cities or states with the national average.
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $73,500 | $35.35 | +3.8% |
| 2024 | $70,700 | $34.00 | +2.3% |
| 2023 | $69,100 | $33.20 | +0.7% |
| 2022 | $68,600 | $32.96 | +1.4% |
| 2021 | $67,600 | $32.50 | +1.3% |
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Wounded Warrior Project | Corporate Partnerships Specialist-New Business | Jacksonville, FL | 06/30/2025 | $81,760 |
| Ace Hardware | Business To Business (B2B) Specialist | Scottsdale, AZ | 06/29/2025 | $35,479 |
| Accession Risk Management Group | Commercial Insurance New Business Specialist | Burlingame, CA | 06/29/2025 | $65,000 |
| Lincoln Financial | Specialist, Business Metrics & Analysis | Charlotte, NC | 06/27/2025 | $53,500 |
| Lincoln Financial Group | Specialist, Business Metrics & Analysis | Omaha, NE | 06/27/2025 | $53,500 |
| Dasstateoh | Business Enterprise Specialist | Columbus, OH | 06/27/2025 | $53,602 |
| TD Bank | Business Mgmt Specialist (US)-Data Management | Charlotte, NC | 06/26/2025 | $86,840 |
| TD Bank | Business Mgmt Specialist (US)-Data Management | Fort Lauderdale, FL | 06/26/2025 | $86,840 |
| TD Bank | Business Mgmt Specialist (US)-Data Management | Mount Laurel, NJ | 06/26/2025 | $86,840 |
| Bank of Montreal | Specialist III-Ic Business Analysis | San Ramon, CA | 06/26/2025 | $79,800 |
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