Store Manager Salary

Q: How much does a Store Manager make?

Store managers make $46,950 per year on average, or $22.57 per hour, in the United States. Store managers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $30,000 a year, while the top 10% makes $73,000. Location impacts how much a store manager can expect to make. Store managers make the most in Delaware, New York, New Jersey, Connecticut, and Rhode Island.

Updated December 12, 2022

Average Store Manager Salary

$46,950yearly

$22.57 hourly

Entry level Salary

$30,000 yearly

$30,000

10%

$46,950

Median

$73,000

90%

How much does a Store Manager make?

Store managers make $46,950 per year on average, or $22.57 per hour, in the United States. Store managers on the lower end of that spectrum, the bottom 10% to be exact, make roughly $30,000 a year, while the top 10% makes $73,000.

Location impacts how much a store manager can expect to make. Store managers make the most in Delaware, New York, New Jersey, Connecticut, and Rhode Island.

Highest Paying States For Store Managers

While a store manager can average a salary of $46,950 per year, or $22.57 per hour, there are many opportunities for store managers to make more. For example, in Washington, DC you might make $64,385 per year. Other high-paying locations include New York, NY, San Francisco, CA and Colorado Springs, CO. If you're in an entry-level position, your best bet is to move to Washington, DC where the average starting salary is $37,000. The highest paying states for store managers include Delaware, New York and New Jersey. Meanwhile, Alaska, Maine, and Idaho offer the lowest salaries.

State View
County View

Average Salary:

Store Manager average salary by State

Rank	State	Avg. Salary	Hourly Rate	Job Count
1	Alabama	$50,721	$24.39	2,300
2	Delaware	$62,363	$29.98	544
3	Texas	$50,204	$24.14	10,258
4	Connecticut	$55,514	$26.69	1,515
5	New York	$59,890	$28.79	5,400
6	New Jersey	$58,529	$28.14	2,983
7	Maryland	$52,110	$25.05	3,068
8	Colorado	$51,806	$24.91	2,704
9	Virginia	$52,104	$25.05	4,261
10	California	$52,606	$25.29	14,033
11	Rhode Island	$55,167	$26.52	416
12	District of Columbia	$64,345	$30.94	461
13	Tennessee	$44,690	$21.49	3,072
14	Louisiana	$45,604	$21.93	1,612
15	North Carolina	$45,919	$22.08	4,393
16	Massachusetts	$51,661	$24.84	3,542
17	Washington	$49,349	$23.73	3,143
18	New Hampshire	$48,006	$23.08	722
19	Illinois	$45,659	$21.95	5,719
20	Ohio	$44,635	$21.46	4,226
21	Arizona	$44,198	$21.25	2,790
22	South Carolina	$43,523	$20.92	2,098
23	Pennsylvania	$45,327	$21.79	4,687
24	Florida	$44,518	$21.40	7,888
25	Hawaii	$53,842	$25.89	310
26	Wisconsin	$42,945	$20.65	2,533
27	Georgia	$43,527	$20.93	5,366
28	Arkansas	$40,220	$19.34	1,470
29	Oklahoma	$43,088	$20.72	1,343
30	Nevada	$45,805	$22.02	769
31	South Dakota	$45,234	$21.75	282
32	Indiana	$42,117	$20.25	2,939
33	New Mexico	$44,932	$21.60	606
34	Kentucky	$39,366	$18.93	1,969
35	Michigan	$41,625	$20.01	3,200
36	Montana	$43,570	$20.95	402
37	West Virginia	$37,272	$17.92	815
38	Minnesota	$42,515	$20.44	2,638
39	Kansas	$39,523	$19.00	1,382
40	Mississippi	$39,106	$18.80	971
41	Oregon	$43,061	$20.70	1,560
42	Iowa	$38,001	$18.27	1,675
43	Missouri	$38,881	$18.69	2,671
44	Wyoming	$37,798	$18.17	255
45	Maine	$36,811	$17.70	557
46	Alaska	$36,847	$17.71	334
47	North Dakota	$35,241	$16.94	384
48	Nebraska	$38,448	$18.48	655
49	Utah	$34,580	$16.63	1,381
50	Idaho	$35,935	$17.28	528
51	Vermont	$34,541	$16.61	227

Highest Paying Cities For Store Managers

Rank	City	Avg. Salary	Hourly Rate
1	Washington, DC	$64,385	$30.95
2	New York, NY	$60,187	$28.94
3	San Francisco, CA	$54,089	$26.00
4	Colorado Springs, CO	$52,439	$25.21
5	Baltimore, MD	$52,310	$25.15
6	Richmond, VA	$51,948	$24.98
7	Boston, MA	$51,461	$24.74
8	San Antonio, TX	$50,680	$24.37
9	Seattle, WA	$49,565	$23.83
10	Jacksonville, NC	$46,314	$22.27
11	Reno, NV	$46,300	$22.26
12	Philadelphia, PA	$45,813	$22.03
13	Chicago, IL	$45,724	$21.98
14	Albuquerque, NM	$44,917	$21.59
15	Miami, FL	$44,916	$21.59

Here Are The Five Most In Demand Cities Right Now:

Store Manager Salary by Years of Experience

The salary for a store manager can vary depending on the years of experience that a person has, from entry level to senior level. An accountant with 0-2 years of experience earns an average salary of $19,338, a mid-career professional with 3-6 years of experience makes $46,950 a year on average, and a senior level accountant with 7-12 years of experience enjoys an average annual salary of $54,153. Data on how experience level affects total compensation is provided by the Bureau of Labor Statistics (BLS) as part of their National Compensation Survey, which is based on factors such as knowledge, complexity, contacts, and environment.

Store Manager Salary By Experience Level

Experience Level	Avg. Salary	Hourly Rate
Entry Level	$19,300	$9.30
Mid Level	$29,900	$14.36
Senior Level	$54,200	$26.04

Store Managers Salary Details

Average Store Manager Salary Graph, Trends, and Summary

What is a Store Manager's Salary?

Percentile	Annual Salary	Monthly Salary	Hourly Rate
90th Percentile	$73,000	$6,083	$35
75th Percentile	$59,000	$4,917	$28
Average	$46,950	$3,913	$23
25th Percentile	$37,000	$3,083	$18
10th Percentile	$30,000	$2,500	$14

Highest Paying Types of Store Managers

Job Title	Annual Salary	Monthly Salary	Hourly Rate	Job Openings
Regional Operation Manager	$78,588	$6,549	$37.78	346,480
Retail Operation Manager	$76,518	$6,377	$36.79	408,776
Area Operations Manager	$49,256	$4,105	$23.68	340,513
Restaurant General Manager	$56,521	$4,710	$27.17	339,757
District Manager & Store Manager	$37,438	$3,120	$18.00	355,092
Multi-Unit Manager	$64,703	$5,392	$31.11	369,227

Here are the five companies hiring the most now:

Which Companies Pay Store Managers The Most?

The highest paying companies for store managers are Meta and Google according to our most recent salary estimates. In addition, companies like Apple and Pandora report highly competitive wages for store managers.

Rank	Company	Average Salary	Hourly Rate	Job Openings
1	Meta	$109,619	$52.70	260
2	Google	$106,531	$51.22	43
3	Apple	$86,581	$41.63	799
4	Pandora	$85,480	$41.10	58
5	Talbots	$80,575	$38.74	35
6	Forever 21	$78,635	$37.81	104
7	Ernst & Young	$77,266	$37.15	739
8	RSM US	$76,954	$37.00	12
9	Deloitte	$76,478	$36.77	3,636
10	Kao Brands	$76,199	$36.63
11	Murphy Oil	$75,714	$36.40
12	Salesforce	$73,763	$35.46	8
13	Huron Consulting Group	$70,534	$33.91	9
14	Global Partners	$70,217	$33.76	33
15	Exxon Mobil	$70,127	$33.71
16	Accenture	$69,779	$33.55	233
17	MoneyGram International	$69,256	$33.30	1
18	Johnson Controls	$68,797	$33.08	38
19	GPAC	$65,954	$31.71	21
20	Bayer	$65,190	$31.34	11

Store Manager Pay Trends

Average Store Manager Salary Over Time

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

Store Manager Salary By Year

Year	Avg. Salary	Hourly Rate	% Change
2023	$46,900	$22.57	+2.8%
2022	$45,600	$21.95	-0.1%
2021	$45,700	$21.98	+0.5%
2020	$45,500	$21.87	+1.1%
2019	$45,000	$21.63	+1.6%

Recently Added Store Manager Salaries

Company	Job	Location	Date Added	Salary
Express	Store Manager	Clinton, CT	11/30/2022	$53,000
H&M	Store Manager	Paramus, NJ	11/30/2022	$77,054
Hudson Group	Retail Manager-Bookstore-Located In Boston Logan International Airport	Boston, MA	11/30/2022	$60,000
Crawford Thomas Recruiting	Store Manager	Iola, KS	11/30/2022	$45,000
Good Feet NW \| Se \| Dakotas	Store Manager	Tualatin, OR	11/30/2022	$96,000
Bruce's Tire	Automotive Shop Store Manager	Gilroy, CA	11/29/2022	$85,000
Safavieh Home	Retail Store Manager	Bridgewater, NJ	11/29/2022	$75,000
Playa Bowls Northern Liberties	Playa Bowls Northern Liberties IS A Store Manager	Philadelphia, PA	11/29/2022	$45,000
Romantix	Romantix Retail Store Manager Quebec	Denver, CO	11/29/2022	$54,262
Aha! Recruiting Experts	Cold Stone Creamery Store Manager-Pompano	Coral Springs, FL	11/29/2022	$37,566

Store Manager Salaries FAQs

What State Pays Store Managers The Most?

Delaware pays Store Managers the most in the United States, with an average salary of $64,345 per year, or $30.94 per hour.

How Do I Know If I'm Being Paid Fairly As A Store Manager?

You know if you are being paid fairly as a Store Manager if your pay is close to the average pay for the state you live in. For example, if you live in Delaware you should be paid close to $62,363 per year.

What Type Of Store Manager Gets Paid The Most?

District Manager gets paid the most. District Manager made a median salary of $96,909. The best-paid 10 percent make $120,000, while the lowest-paid 10 percent make $77,000.

What Is A Good Starting Salary For A Store Manager?

A good starting salary for a store manager is $29,000 in the United States. That puts you in the 10th percentile of annual income for a store manager in the U.S., which is about what you would expect if you were new to the field. The average salary for store managers is $46,063, but that normally requires some level of experience to achieve. Furthermore, a good starting salary for a store manager can vary by state.

What Retail Store Pays Managers The Most?

Large corporations, like Walmart, pay store managers the most. The average salary for a store manager at Walmart is over $100,000 annually.

Other large corporations that pay store managers the most include Target, Lowes, and ALDI, all with salaries around $70,000 to $100,000. These retail stores pay the store manager high salaries due to the more complicated store operations that the store manager must run.

Have more questions? See all answers to common executive management questions.

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Updated December 12, 2022