Average Vice President, Business Development Salary
$151,000 yearly
$72.65 hourly
Updated August 18, 2021
$85,000
10 %
$151,000
Median
$267,000
90 %
What Is The Average Vice President, Business Development Salary?
The average vice president, business development salary is $151,120 per year, or $72.65 per hour, in the United States. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $85,000 a year, while the top 10% makes $267,000. As most things go, location can be critical. Washington, Delaware, Arizona, Nevada, and Rhode Island provide the highest vice president, business development salaries.

Average Vice President, Business Development Salary By State

The darker areas on the map show where vice presidents, business development earn the highest salaries across all 50 states.

Average Salary

Vice President, Business Development average salary by State

StateascdescAvg. salaryascdescHourly rateascdesc
Alabama
$135,181
$64.99
Alaska
$109,807
$52.79
Arizona
$166,016
$79.82
Arkansas
$119,297
$57.35
California
$163,362
$78.54
Colorado
$162,600
$78.17
Connecticut
$138,227
$66.46
Delaware
$167,404
$80.48
District of Columbia
$150,283
$72.25
Florida
$130,889
$62.93
Georgia
$142,748
$68.63
Hawaii
$140,678
$67.63
Idaho
$112,188
$53.94
Illinois
$148,717
$71.50
Indiana
$111,727
$53.71
Iowa
$164,069
$78.88
Kansas
$162,510
$78.13
Kentucky
$109,199
$52.50
Louisiana
$141,482
$68.02
Maine
$111,841
$53.77
Maryland
$153,042
$73.58
Massachusetts
$134,939
$64.87
Michigan
$151,090
$72.64
Minnesota
$136,998
$65.86
Mississippi
$88,698
$42.64
Missouri
$137,346
$66.03
Montana
$117,308
$56.40
Nebraska
$141,870
$68.21
Nevada
$165,380
$79.51
New Hampshire
$124,337
$59.78
New Jersey
$144,118
$69.29
New Mexico
$131,330
$63.14
New York
$142,552
$68.53
North Carolina
$148,883
$71.58
North Dakota
$139,076
$66.86
Ohio
$165,099
$79.37
Oklahoma
$111,741
$53.72
Oregon
$156,490
$75.24
Pennsylvania
$155,234
$74.63
Rhode Island
$165,129
$79.39
South Carolina
$125,501
$60.34
South Dakota
$112,071
$53.88
Tennessee
$108,530
$52.18
Texas
$152,668
$73.40
Utah
$138,890
$66.77
Vermont
$132,169
$63.54
Virginia
$146,345
$70.36
Washington
$170,035
$81.75
West Virginia
$132,919
$63.90
Wisconsin
$112,697
$54.18
Wyoming
$125,588
$60.38

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Highest Paying Cities For Vice President, Business Development

0 selections
CityascdescAvg. salaryascdescHourly rateascdesc
Cincinnati, OH
$204,311
$98.23
Phoenix, AZ
$203,798
$97.98
Seattle, WA
$197,713
$95.05
San Mateo, CA
$197,311
$94.86
Denver, CO
$191,972
$92.29
Austin, TX
$180,453
$86.76

The largest raises come from changing jobs.

See what's out there.

Average Vice President, Business Development Salary Over Time

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

Location
    YearascdescAvg. salaryascdescHourly rateascdesc% Changeascdesc
    2021
    $151,000
    $72.65
    +3.3%
    2020
    $146,000
    $70.23
    +1.1%
    2019
    $144,000
    $69.44
    +3.4%
    2018
    $140,000
    $67.10
    +1.0%
    2017
    $138,000
    $66.42
    +1.0%

    How Much Do Vice Presidents, Business Development Make In Different Industries?

    The salary for a vice president, business development can vary depending on what industry the job is in. The highest salaries for vice presidents, business development tend to be found in health care, manufacturing, and technology companies. In fact, vice presidents, business development can make a yearly salary of $197,308 while working for health care companies.
    RankIndustryAverage Vice President, Business Development SalaryVice President, Business Development Salary Range
    1
    Health Care
    $197,308
    $130k
    $230k
    2
    Manufacturing
    $184,361
    $130k
    $230k
    3
    Technology
    $183,193
    $130k
    $230k
    4
    Energy
    $170,700
    $130k
    $230k
    5
    Finance
    $153,870
    $130k
    $230k

    High Paying Vice President, Business Development Jobs

    Average JOB Salary by Field

    Sales Vice President

    Avg. salary: $165,407

    Sales vice presidents are top-level executives at a sales, retail, or marketing corporation. Primarily these executives are tasked to direct and lead a sales department or team within the organization. Their objective is to meet or even exceed the sales or marketing standards set for a successful business operation. They manage brands, deploy sales, and distribute the channels of the company. Also, they oversee the internal operations of the organization to establish customer relationships.
    65,806 Sales Vice President Jobs
    Business Development And Marketing Manager

    Avg. salary: $81,675

    The business development and marketing manager is in charge of overseeing a company's marketing programs and projects. They primarily manage and coordinate teams, set goals and guidelines, organize budgets and timelines, conceptualize plans, and develop strategies to optimize operations. They may also liaise with clients and suppliers, streamline marketing materials, and train staff. Furthermore, as a manager, it is essential to lead and encourage the workforce to reach goals, all while enforcing the company's policies and regulations.
    142,379 Business Development And Marketing Manager Jobs
    Business Development Account Manager

    Avg. salary: $95,542

    A business development account manager is in charge of developing strategies to identify new business and client opportunities, ensuring sales growth and customer satisfaction. They typically perform research and analysis to gather data, coordinate with analysts and experts, produce sales and progress reports, and maintain records of all transactions. Furthermore, a business development account manager must build positive relationships with clients and secure sales by reaching out to customers through calls, correspondence, or appointments. They may offer products and services, process payments, and handle inquiries or concerns.
    140,679 Business Development Account Manager Jobs
    Vice President, Strategy

    Avg. salary: $174,950

    A vice president of strategy is responsible for delegating and reviewing market target research and assessing the areas that a company should focus on for further development. The position requires strong management and leadership skills to supervise a team of customer research specialists. Other essential skills that a vice president of strategy should possess to accomplish his or her responsibilities include knowledge of computer analytic software and data visualization and excellent communication skills. A four-year college degree is the minimum education requirement for the position.
    38,640 Vice President, Strategy Jobs
    Business Development Sales Manager

    Avg. salary: $103,303

    A business development sales manager is in charge of securing sales by reaching out to clients through calls, correspondence, or appointments. Their responsibilities often revolve around performing research and analysis to identify new leads and sales opportunities, offering different products and services, and creating proposals and price quotes for potential clients. A business development sales manager may also tailor payment plans, process billing, participate in various marketing initiatives, and produce progress reports. Furthermore, it is essential to ensure customer satisfaction and build positive relationships to strengthen the company's client base.
    115,654 Business Development Sales Manager Jobs
    Business Development Consultant

    Avg. salary: $69,173

    The role of business consultants is to provide an analysis of a company on its business practices and make recommendations for long-term goals. This role is also connected with various duties and responsibilities, including reviewing the company's financial statements, engaging in research on how to improve the company's offers, and developing new business models. Also, business consultants are responsible for negotiating contracts as needed, initiating plans and strategies to minimize company losses and drive profits. They may also function as the company's representative in promotional events and trade associations.
    123,230 Business Development Consultant Jobs

    Which Companies Pay Vice Presidents, Business Development The Most?

    To earn a high income as a vice president, business development, working for Global Water Resources or Philips Electronics North America might be your best bet, as they are the highest paying companies in this field. In addition, companies like Doosan and Brightstar report highly competitive wages for vice presidents, business development.
    Company
    LogoRankCompanyAverage Vice President, Business Development SalaryVice President, Business Development Salary Range
    1Global Water Resources
    4.1
    $244,305
    $189k
    $267k
    2Philips Electronics North America
    4.8
    $233,073
    $189k
    $267k
    3Doosan
    4.6
    $232,574
    $189k
    $267k
    4Brightstar
    4.7
    $226,855
    $189k
    $267k
    5Tenet Healthcare
    4.5
    $226,521
    $189k
    $267k
    6WNA
    4.6
    $226,339
    $189k
    $267k

    Recently Added Vice President, Business Development Salaries

    Location
    CompanyascdescJobascdescLocationascdescDate AddedascdescSalaryascdesc
    Vice President, High Needs Business Development-Eden Prairie, MN or Telecommute
    Eden Prairie, MN
    08/05/2021
    $169,500
    08/05/2021
    Vice President, High Needs Business Development-Eden Prairie, MN or Telecommute
    Atlanta, GA
    08/05/2021
    $169,500
    08/05/2021
    Vice President, Business Development-Federal Healthcare-Telecommute
    Washington, DC
    08/02/2021
    $110,200
    08/02/2021
    Stonebridge Companies Head Office
    Vice President Business Development-Stonebridge Companies-Corporate
    Vice President Business Development-Stonebridge Companies-Corporate
    Denver, CO
    08/02/2021
    $115,000
    08/02/2021
    Vice President, Business Development-Federal Healthcare-Telecommute
    Falls Church, VA
    08/02/2021
    $110,200
    08/02/2021
    Vice President of Business Development, Specialty Distribution-Telecommute
    Las Vegas, NV
    08/02/2021
    $130,300
    08/02/2021
    Vice President, Business Development
    Nashville, TN
    07/29/2021
    $130,000
    07/29/2021
    Vice President, Business Development
    Atlanta, GA
    07/27/2021
    $130,000
    07/27/2021
    Vice President, Business Development
    Helena, MT
    07/27/2021
    $130,000
    07/27/2021
    Vice President, Business Development
    Springfield, IL
    07/27/2021
    $130,000
    07/27/2021

    Average Vice President, Business Development Salary by Demographic

    Vice President, Business Development Gender Pay Gap

    male-income
    Male Income
    $159,881
    female-income
    Female Income
    $141,210
    Median Vice President, Business Development Income by Race
    White vice presidents, business development have the highest average salary compared to other ethnicities. Unknown vice presidents, business development have the lowest average salary at $144,252.
    $161,000
    $157,000
    $153,000
    $149,000
    $145,000
    $141,000
    Unknown
    White
    Black or African American
    Asian
    Hispanic or Latino
    Ethnicityascdesc
    Salaryascdesc
    Unknown$144,252
    White$159,753
    Black or African American$146,846
    Asian$151,397
    Hispanic or Latino$150,480
    Average Vice President, Business Development Salary by Education Level
    Vice presidents, business development with a Masters degree earn more than those without, at $175,660 annually. With a Doctorate degree, vice presidents, business development earn a median annual income of $170,677 compared to $159,881 for vice presidents, business development with an Bachelors degree.
    $179,000
    $168,000
    $157,000
    $146,000
    $135,000
    $124,000
    $113,000
    Master's Degree
    Bachelor's Degree
    Doctorate Degree
    Some College/ Associate Degree
    Educationascdesc
    Salaryascdesc
    Master's Degree$175,660
    Bachelor's Degree$159,881
    Doctorate Degree$170,677
    Some College/ Associate Degree$123,370