As of August 01, 2026, the average salary for a Store Owner in Rhode Island is $73,676 per year, which breaks down to an hourly rate of $35.
However, a Store Owner's salary can vary significantly. Here’s a look at the typical salary range:
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A Store Owner's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
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:
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.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $88,411 | $43.0 | 20% |
| Biotechnology | $84,727 | $41.0 | 15% |
| Chemicals | $82,517 | $40.0 | 12% |
| Energy & Utilities | $81,043 | $39.0 | 10% |
| Financial Services | $79,570 | $38.0 | 8% |
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 August 01, 2026Ready to take the next step in your career? Browse thousands of current Store Owner job openings on our job board. Use the search bar below to find your perfect match.
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Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
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