How Much Does a New Business Development Make in Kentucky?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of New Business Development in Kentucky is $317,682. While Salary.com is seeing that New Business Development salary in KY can go up to $426,519 or down to $213,911, but most earn between $263,364 and $374,652. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $263,364 10% $213,911 90% $426,519 75% $374,652 $317,682 50%(Median)
Related Job Titles to New Business Development
New Business Development Manager
$136,546
Kentucky
Per Year
New Business Development Specialist
$104,285
Kentucky
Per Year
Director Of New Business Development
$197,083
Kentucky
Per Year
Annuities Supervisor (New Business)
$67,889
Kentucky
Per Year
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Similar Job Salaries to New Business Development by Company

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Company average base salary in (usd) range
RWI Logistics
Director, Sales (New Business Development)
$197,385/yr
$162,373
$232,397
RANGE: $162,373 - $232,397
ALGOOD FOOD COMPANY
DIRECTOR OF B TO B AND NEW BUSINESS DEVELOPMENT
$202,079/yr
$171,457
$232,702
RANGE: $171,457 - $232,702
Ports of Indiana
Business Development
$103,357/yr
$89,731
$116,984
RANGE: $89,731 - $116,984
DPL Financial Partners
New Business Specialist
$78,544/yr
$68,131
$88,958
RANGE: $68,131 - $88,958
Rumpke Consolidated Companies, Inc.
New Business Sales Representative
$86,532/yr
$70,225
$102,838
RANGE: $70,225 - $102,838
Stites & Harbison, PLLC
Conflicts and New Business Intake Operator
$53,024/yr
$46,550
$59,498
RANGE: $46,550 - $59,498
Green Solutions Landcare
Business Development Manager
$142,679/yr
$120,847
$164,512
RANGE: $120,847 - $164,512
Horizon Payments
Business Development Representative
$100,967/yr
$86,701
$115,234
RANGE: $86,701 - $115,234
LogiNext
Business Development Manager
$127,539/yr
$107,594
$147,484
RANGE: $107,594 - $147,484
Neighbourly Pharmacy
Business Development Manager
$144,367/yr
$122,276
$166,458
RANGE: $122,276 - $166,458

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Top 10 Highest Paying Cities For New Business Development Jobs in Kentucky

It is important to understand how location impacts your career prospects in the United States. There are some cities where a New Business Development can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for New Business Development job salaries in Kentucky. Some cities can pay higher salaries for New Business Development jobs, which can indicate that there is a large demand for New Business Development positions in this city.
The following table shows top 10 cities where the New Business Development salary is higher than other cities in Kentucky. Covington takes first place in this list, followed by Louisville, Owensboro. The New Business Development salary is $330,174 in Covington, which is lower than the national average. There is 0 city's New Business Development salary higher than national average in Kentucky.
The average salary for a New Business Development in Kentucky is $317,682, but we found that the city with the highest salary for New Business Development jobs is Covington, KY, and it is higher than Louisville. New Business Development jobs in Covington can have the opportunity to earn higher salaries than in other cities in Kentucky.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Covington $330,174 $27,514 $6,349 $159
Louisville $322,746 $26,896 $6,207 $155
Owensboro $318,020 $26,502 $6,116 $153
Lexington $313,969 $26,164 $6,038 $151
Richmond $310,930 $25,911 $5,979 $149
Frankfort $308,567 $25,714 $5,934 $148
Bowling Green $306,541 $25,545 $5,895 $147
Hopkinsville $303,841 $25,320 $5,843 $146

What Does a New Business Development Do?

The role of the business development team isn’t only about market reach, products and increasing sales.
Updated November 29, 2021
Remains unchanged and thus forms a "safe bank", everything is new in New Business Development: the product or service, the processes behind it, the business model and the market as well as the customers.
Updated November 07, 2021
When thinking about your business development strategy, you might want to consider using an online platform.
Updated December 20, 2021
By bringing all these elements together and communicating it within your team, you generate a business development strategy which is actionable and will encourage your employees, encouraging both growth and success for your business.
Updated December 15, 2021
One of the easiest ways to evaluate your progress is by looking at your sales pipeline and how it is influenced by the activities of the business development team.
Updated December 13, 2021

Frequently Asked Questions About a New Business Development Salaries

What is the average of a New Business Development in Kentucky?

The New Business Development salary range is from $263,364 to $374,652, and the average New Business Development salary is $317,682/year in Kentucky. The New Business Development's salary will change in different locations.

Which location pays the highest New Business Development salary in the United States?

The New Business Development salary in San Jose, CA is $423,689 which is the highest in the US.

What kinds of reasons will influence the New Business Development's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of New Business Development.

What is the growth rate of the New Business Development's salary?

If you are thinking of becoming a New Business Development or planning the next step in your career, find the detailed salary report of a New Business Development.