There is more than meets the eye when it comes to being a store owner. For example, did you know that they make an average of $28.98 an hour? That's $60,283 a year! Between 2018 and 2028, the career is expected to grow 6% and produce 150,600 job opportunities across the U.S.

What Does a Store Owner Do

There are certain skills that many store owners have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed communication skills, leadership skills and management skills.

How To Become a Store Owner

If you're interested in becoming a store owner, one of the first things to consider is how much education you need. We've determined that 50.1% of store owners have a bachelor's degree. In terms of higher education levels, we found that 6.8% of store owners have master's degrees. Even though most store owners have a college degree, it's possible to become one with only a high school degree or GED.

Store Owner Career Paths

Top Careers Before Store Owner

Top Careers After Store Owner

Average Salary for a Store Owner

Store Owners in America make an average salary of $60,283 per year or $29 per hour. The top 10 percent makes over $94,000 per year, while the bottom 10 percent under $38,000 per year.
Average Store Owner Salary
$60,283 Yearly
$28.98 hourly
$38,000
10 %
$60,000
Median
$94,000
90 %

What Am I Worth?

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Store Owner Education

Store Owner Majors

31.8 %

Store Owner Degrees

Bachelors

50.1 %

Associate

20.1 %

High School Diploma

16.4 %

Top Colleges for Store Owners

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

5. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

6. University of Texas at Austin

Austin, TX • Private

In-State Tuition
$10,610
Enrollment
40,329

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Northeastern University

Boston, MA • Private

In-State Tuition
$51,522
Enrollment
13,760

9. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

10. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

Top Skills For a Store Owner

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 22.3% of store owners listed customer service on their resume, but soft skills such as communication skills and leadership skills are important as well.

  • Customer Service, 22.3%
  • Product Knowledge, 9.9%
  • Payroll, 8.4%
  • Retail Sales, 5.7%
  • Online, 5.0%
  • Other Skills, 48.7%

Store Owner Demographics

Store Owner Gender Distribution

Female
Female
50%
Male
Male
50%

After extensive research and analysis, Zippia's data science team found that:

  • Among store owners, 50.4% of them are women, while 49.6% are men.

  • The most common race/ethnicity among store owners is White, which makes up 71.5% of all store owners.

  • The most common foreign language among store owners is Spanish at 40.9%.

Online Courses For Store Owner That You May Like

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An introduction to customer service and its importance in any business...

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Top Store Owner Employers

Most Common Employers For Store Owner

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Amazon$99,979$48.079
2eBay$92,852$44.64149
3Four Seasons$78,945$37.953
4Etsy$77,836$37.4222
5UPS$58,933$28.3310
67-Eleven$56,452$27.146
7PostNet$56,365$27.104
8Signarama$55,085$26.483
9Sears Holdings$47,510$22.844
10Missouri Valley College$47,086$22.643