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Business Owner Salary in the United States

How much does a Business Owner make in the United States? The salary range for a Business Owner job is from $36,074 to $58,969 per year in the United States. Click on the filter to check out Business Owner job salaries by hourly, weekly, biweekly, semimonthly, monthly, and yearly.

Average base salary
updated at March 26, 2024
$47,170
Per Year
The average salary for a Business Owner is $47,170
per Year in the United States.
Individually reported data submitted by users of our website

HOW SHOULD YOU USE THIS DATA?

Employees: Use this as a guide for salary expectations, but be aware that responsibilities can change across companies for the same job title, so there may be differences between this data, other free site and our subscription products bought by employers.

Employers: This data could be used as reference point in your market pricing, but not the only source, due to differences across jobs locations, and sizes of companies.Consider additional sources like our Employer reported data.

Base Salary
$36,074
$47,170
Medium
$58,969

Highest Paying Cities for Business Owner in the United States

Business Owner salaries in the United States will pay differently by cities. Below following are the eight cities with the highest income for Business Owner jobs in the United States. The city with the highest salary is San Jose. Click on the Business Owner salary in cities you are interested in to view detailed job salary information.

States with Higher Salaries for Business Owner

The five states where Business Owner jobs get higher salaries in the United States are: District of Columbia, California, New Jersey, Alaska, and Massachusetts. Compared with the average salary of a Business Owner in the United States, the state of District of Columbia with the highest job income for this job. The second and third states are California and New Jersey respectively. The high or low salary paid to Business Owner by the US has a greater relationship with the demand for jobs and the cost of living.

How Much Do Similar Professions Get Paid in the United States?

There are some different titles for Business Owner jobs, and the job title of Business Owner will vary in different companies. The job title has a lot to do with the department and responsibilities, and the same job title will vary in different departments. The following list is the salary of jobs similar to Business Owner, start to view Business Owner-related jobs you are interested in.
Small Business Owner
Average salary
United States
$64,729
per Year
Business Process Owner
Average salary
United States
$225,372
per Year
Relationship Manager Business Owner Specialist
Average salary
United States
$65,911
per Year
Agile Scrum Product Owner
Average salary
United States
$144,700
per Year
Owner
Average salary
United States
$55,707
per Year
Product Owner
Average salary
United States
$116,140
per Year

How Much Should You Be Earning?

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What Does a Business Owner Do?

The study found that an incorporated status provides business owners with some added legal protections, which often provides them a little more freedom to delve into larger and riskier investments compared to their unincorporated counterparts.

December 21, 2021

Any individual or group of individuals that have established and pooled resources together in order to operate a commercial entity no matter how small of a business it initially is, is considered as a business owner.

December 19, 2021

Different businesses will have different situational factors that will produce different outcomes for the business owner to sort through.

December 18, 2021

Business owners can choose to be the authority in charge of directing and controlling the daily operations of the business or, they can choose to employ a manager for that very purpose or even elect a Board of Directors to do so.

September 29, 2021

Whether you identify as an entrepreneur or as a business owner, you still work with the same stakeholders: suppliers, manufacturers, banks, customers, employees, contractors, etc.

December 17, 2021

The business owner can choose to draw funds from the business at any time, either from the profits generated or the capital initially invested, and pay personal income tax on the amount in addition to any self-employment tax.

December 16, 2021

Most Common Benefits for Business Owner

Social Security
Healthcare
401(k)
Pension
Disability
Time Off (days)

Frequently Asked Questions

Common questions about salaries for a Business Owner
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The study found that an incorporated status provides business owners with some added legal protections, which often provides them a little more freedom to delve into larger and riskier investments compared to their unincorporated counterparts.
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Thank you!
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Explore our personal salary report to know the Business Owner market value in the United States. And find out if any places are having a higher Business Owner salary.
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The highest Business Owner salary is $58,969, while the lowest is $36,074 in the United States.
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