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As of August 01, 2026, the average salary for a New Business Development in New York is $455,329 per year, which breaks down to an hourly rate of $219.
However, a New Business Development's salary can vary significantly. Here’s a look at the typical salary range:
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New Business Development Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $499,746 | $41,646 | $9,611 | $240 |
| Average | $455,329 | $37,944 | $8,756 | $219 |
| 25th Percentile | $424,148 | $35,346 | $8,157 | $204 |
New York City Economic Development Corporation - New York, NY
Unicare Home Care - Rochester, NY
altbanq - New York, NY
fun.xyz - New York, NY
A New Business Development'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.
Experience is a primary driver of a New Business Development's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here’s how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Business ... Level New Business Development | $184,944 |
| Business ... Level New Business Development | $223,954 |
| Vice Pres... Level New Business Development | $287,968 |
| SVP of Bu... Level New Business Development | $341,128 |
| New Busin... Level New Business Development | $457,494 |
What Am I Worth?
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 New Business Developments. For example, consider the average annual salaries in these key locations:
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:
For New Business Development roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 20% above the average. In contrast, New Business Development positions in Biotechnology or Transportation typically offer lower base pay, as these industries often view New Business Development as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $546,395 | $263.0 | 20% |
Understanding how a New Business Development'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.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $499,746 | $41,646 | $9,611 | $240 |
| Average | $455,329 | $37,944 | $8,756 | $219 |
| 25th Percentile | $424,148 | $35,346 | $8,157 | $204 |
Ready to take the next step in your career? Browse thousands of current New Business Development job openings on our job board. Use the search bar below to find your perfect match.
Siena AI
New York, NY
Siena AI | New York, NY
Meet Siena. Siena is the agent of record for consumer brands. One agent that owns the entire customer journey, running on a shared intelligence layer no po... more
10 Days Ago
Fun.xyz
New York, NY
Fun.xyz | New York, NY
Fun Business Development Role. Capital markets are undergoing a fundamental shift. Assets that live in fragmented systems and manual workflows are moving o... more
10 Days Ago
GTM Payroll Services Inc
Clifton Park, NY
GTM Payroll Services Inc | Clifton Park, NY
Job Description. Job Description. About the RoleGTM is seeking a dynamic and relationship-driven Business Development professional to build and expand stra... more
7 Days Ago
REHOBOTH ELDERLY CARE AND COMPANIONSHIP LLC
Baldwin, NY
REHOBOTH ELDERLY CARE AND COMPANIONSHIP LLC | Baldwin, NY
Job Description. Job Description. Home Care Business Development Manager/Marketing. We are seeking an energetic person who can help grow our company, which... more
7 Days Ago
WOW Brand
New York, NY
WOW Brand | New York, NY
Job Description. Job Description. Launch your career with one of the fastest-growing payment processing companies in the United States. We are the only pay... more
9 Days Ago
WOW Payments
New York, NY
WOW Payments | New York, NY
Business Development Intern. Launch your career with one of the fastest-growing payment processing companies in the United States. We are the only payment ... more
11 Days Ago
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