Retail Store Owner Salary in the United States

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

As of August 01, 2026, the average salary for a Retail Store Owner in the United States is $66,083 per year, which breaks down to an hourly rate of $32.

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

  • Top Earners (90th percentile): $83,008
  • Majority Range (25th-75th percentile): $59,296 to $74,942
  • Entry-Level (10th percentile): $53,117
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View as table View as graph 25% $59,296 10% $53,117 90% $83,008 75% $74,942 $66,083 50%(Median) Didn’t find job title? Click

Retail Store Owner Salaries by Percentile

Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $74,942 $6,245 $1,441 $36
Average $66,083 $5,507 $1,271 $32
25th Percentile $59,296 $4,941 $1,140 $29
Check out Retail Store Owner Job Openings in the United States
Retail Store Sales Associate

Dick Blick Holdings, Inc. - Columbus, OH

Retail Store Associate

Sherwin Williams - Columbus, OH

Retail Store Supervisor

Office Depot - Columbus, OH

Retail Store Supervisor

The ODP Corporation - Columbus, OH

Search More Retail Store Owner Jobs in the United States

Key Factors That Influence Retail Store Owner Salaries

A Retail 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, education and company size can directly affect your earning potential.

How Experience Level Affects Retail Store Owner Salaries?

Experience is a primary driver of a Retail Store Owner'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:

  • Entry-Level (less than 1 year): $41,613
  • Early Career (1-2 years): $58,520
  • Mid-Level (2-4 years): $66,554
  • Senior-Level (5-8 years): $82,730
  • Expert (over 8 years): $95,966
Levels Salary
Warehouse... Level Retail Store Owner$41,613
Warehouse... Level Retail Store Owner$58,520
Retail St... Level Retail Store Owner$66,554
Warehouse... Level Retail Store Owner$82,730
Warehouse... Level Retail Store Owner$95,966
$41,613 0 yr
$58,520 < 2 yrs
$66,554 2-4 yrs
$82,730 5-8 yrs
$95,966 > 8 yrs
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What Am I Worth?

How Do Retail 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 Retail Store Owners. For example, consider the average annual salaries in these key locations:

  • District of Columbia: $73,167.
  • California: $72,890.
  • Massachusetts: $71,918.

Top Paying Cities for Retail 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: $83,350
  • San Francisco: $82,438
  • Oakland: $80,701

What Skills Can Increase a Retail Store Owner's Salary?

Demanded Skills for the Role:

  • Customer Service (Mentioned in 6.72% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
  • Supply Chain (Mentioned in 3.52% Job Postings): A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  • Inventory Management (Mentioned in 1.78% Job Postings): Overseeing and controlling supplies and stock to ensure that an organization maintains an adequate stock quantity.
See More Skills
Skills Demand Percentage
Customer Service 6.72%
Supply Chain 3.52%
Inventory Management 1.78%
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 Retail Store Owner's salary.
  • Interviewing: Can increase your salary by up to 8%.
  • KPI: Can increase your salary by up to 7%.
  • Coaching: Can increase your salary by up to 7%.
Skill Salary Salary % Increase
Interviewing
$71,370
8%
KPI
$70,709
7%
Coaching
$70,709
7%
Warehouse Management System
$70,709
7%
Process Improvement
$70,709
7%
Analysis
$70,048
6%
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Retail Store Owner Salary by Industry: Top Paying Sectors

For Retail Store Owner roles, the industry you choose can affect earning potential by as much as 10% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Biotechnology sectors offer the strongest compensation, at 5% above the average. In contrast, Retail Store Owner positions in Transportation or Telecom typically offer lower base pay, as these industries often view Retail Store Owner as a support function rather than a direct revenue driver.

The top paying industries for a Retail Store Owner

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Aerospace & Defense$69,387$33.05%
Biotechnology$69,387$33.05%
Business Services$69,387$33.05%
Chemicals$69,387$33.05%
Construction$69,387$33.05%

How Education impacts a Retail Store Owner's Salary?

Your level of education can impact your salary potential. While many Retail 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 Retail Store Owner with a High School Diploma or Technical Certificate is between $65,564 and $71,135).

Retail Store Owner Salaries by Degree Level

Typical Education for Retail Store Owner
Degree Level % of user with this level of education
No Diploma 2.3%
High School 47.5%
Associates 16.3%
Bachelors 31.1%
Masters 2.9%
Doctorate 0.0%
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Retail Store Owner Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Retail 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, 2026

Salary Trends for Retail Store Owner

Salaries for a Retail Store Owner can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $57,243 in 2023 to around $57,218 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of Retail Store Owner salary trends, .

Average Annual Salary of Retail Store Owner Over Time

2022
$???
2023
$57,243
2024
$57,359
2025
$57,218
2026
$???
2027
$???
Year Average Annual Salary
2022
View More
2023 $57,243
2024 $57,359
2025 $57,218
2026
View More
2027
View More

Most common benefits for Retail Store Owner

Social Security
401(k)
Disability
Healthcare
Pension
Time Off (days)
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Common company salaries for Retail Store Owner

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

Find Your Next Retail Store Owner Job

Ready to take the next step in your career? Browse thousands of current Retail Store Owner job openings on our job board. Use the search bar below to find your perfect match.

United States
  • Tailored Brands

    Columbus, OH

    Tailored Brands | Columbus, OH

    Retail Store Tailor-Alterations. Every day is a day to make somebody smile at Jos. A. Bank, a division of Tailored Brands. We help people love how they loo... more

    11 Days Ago

  • Bath &amp; Body Works

    Columbus, OH

    Bath &amp; Body Works | Columbus, OH

    Bath & Body Works - JobID: 23049637 [ASM / Store Supervisor] As an Assistant Store Manager at Bath & Body Works, you'll: Attract, hire, develop, inspire an... more

    7 Days Ago

  • Bath &amp; Body Works

    Columbus, OH

    Bath &amp; Body Works | Columbus, OH

    Bath & Body Works - 1311 Polaris Parkway - Responsibilities: Attract, hire, develop, inspire, and retain top talent. Set and reinforce clear performance ex... more

    7 Days Ago

  • Bath &amp; Body Works

    Columbus, OH

    Bath &amp; Body Works | Columbus, OH

    Bath & Body Works - - Responsibilities: Attract, hire, develop, inspire, and retain top talent. Set and reinforce clear and concise performance expectation... more

    8 Days Ago

  • Bath &amp; Body Works

    Columbus, OH

    Bath &amp; Body Works | Columbus, OH

    Bath & Body Works - 1910 Hilliard-Rome Road, UNIT 20 - Responsibilities: Attract, hire, develop, inspire, and retain top talent. Lead and coach associates ... more

    8 Days Ago

  • Bath &amp; Body Works

    Columbus, OH

    Bath &amp; Body Works | Columbus, OH

    Assistant Store Manager. At Bath & Body Works, everyone belongs. We are committed to creating a culture of belonging focused on delivering exceptional frag... more

    9 Days Ago

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FAQ about Retail Store Owner

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

The Aerospace & Defense industry offers the highest average compensation for Retail Store Owner roles, with salaries approximately 5% 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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