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Store Owner Salary in the United States

How much does a Store Owner make in the United States?

As of September 01, 2026, the average salary for a Store Owner in the United States is $71,062 per year, which breaks down to an hourly rate of $34.

However, a Store Owner's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $81,988
  • Majority Range (25th-75th percentile): $65,474 to $76,781
  • Entry-Level (10th percentile): $60,387
Salary Factors Salary-Boosting Skills Salary by Experience Related Job Salaries Top Paying Cities Explore Related Jobs

Key Factors That Influence Store Owner Salaries

A Store Owner's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how geographic location, education and company size can directly affect your earning potential.

How Do Store Owner Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Store Owners. For example, consider the average annual salaries in these key locations:
  • District of Columbia: $78,680.
  • California: $78,382.
  • Massachusetts: $77,337.

Top Paying Cities for Store Owners

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

  • San Jose: $89,631
  • San Francisco: $88,649
  • Oakland: $86,781

What Skills Can Increase a Store Owner's Salary?

Demanded Skills for the Role:

  • Initiative (Mentioned in 4.02% Job Postings): Taking decisive action and initiating plans independently to address problems, improve professional life, and achieve goals.
  • JavaScript (Mentioned in 2.77% Job Postings): Using JavaScript in the development and maintenance of Web-based application systems.
  • Illustrator (Mentioned in 1.84% Job Postings): Adobe Illustrator is a vector graphics editor and design program developed and marketed by Adobe Inc. Originally designed for the Apple Macintosh, development of Adobe Illustrator began in 1985. Along with Creative Cloud, Illustrator CC was released.
Skills Demand Percentage
Initiative 4.02%
JavaScript 2.77%
Illustrator 1.84%
See More Skills

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Store Owner's salary.

  • Agile: Can increase your salary by up to 17%.
  • Influencing: Can increase your salary by up to 14%.
  • User Research: Can increase your salary by up to 12%.
Skill Salary Salary % Increase
Agile $83,143
17%
Influencing $81,011
14%
User Research $79,590
12%
Get Latest Data

Store Owner Salary by Industry: Top Paying Sectors

For Store Owner roles, the industry you choose can affect earning potential by as much as 32% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 20% above the average. In contrast, Store Owner positions in Retail & Wholesale or Pharmaceuticals typically offer lower base pay, as these industries often view Store Owner as a support function rather than a direct revenue driver.

The top paying industries for a Store Owner

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$85,275$41.020%
Biotechnology$81,722$39.015%
Chemicals$79,590$38.012%
Energy & Utilities$78,168$38.010%
Financial Services$76,747$37.08%

How Education impacts a Store Owner's Salary?

Your level of education can impact your salary potential. While many Store Owners enter the field with a High School Diploma or Technical Certificate degree, higher education can lead to more specialized and higher-paying roles.

According to our 100% employer-reported salary data, the median salary for a Store Owner with a High School Diploma or Technical Certificate is between $64,565 and $68,750).

Store Owner Salaries by Degree Level

Typical Education for Store Owner
Degree Level % of user with this level of education
No Diploma 0.9%
High School 12.3%
Associates 20.7%
Bachelors 59.4%
Masters 6.5%
Doctorate 0.2%
View as Graph

Store Owner Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Store Owner's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on September 01, 2026
$65,474
Average $71,062/year
$76,781
$5,456
Average $5,922/month
$6,398
$1,259
Average $1,367/week
$1,477
$31
Average $34/hour
$37
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $76,781 $6,398 $1,477 $37
Average $71,062 $5,922 $1,367 $34
25th Percentile $65,474 $5,456 $1,259 $31

Most common benefits for Store Owner

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

Common company salaries for Store Owner

Here are companies hiring for Store Owner and their salaries, click below for more details.

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FAQ about Store Owner

1. What industry pays the highest salary for Store Owner?

The Aerospace & Defense industry offers the highest average compensation for Store Owner roles, with salaries approximately 20% above the market median.

Where Does Our Salary Data Come From?

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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