Retail Store Owner Salaries in Michigan
How Much Does a Retail Store Owner Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Retail Store Owner in Michigan is $70,417.
While Salary.com is seeing that Retail Store Owner salary in MI can go up to $87,822
or down to $51,452, but most earn between $60,490 and $79,527.
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.
Related Job Titles to Retail Store Owner
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Similar Job Salaries to Retail Store Owner by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
Farmers Insurance Group - Deborah Hoffman Agency
Farmers Insurance Retail Owner
|
$92,957/yr
|
RANGE: $82,510 - $103,404
|
|
Bloomingdale's
Retail Store Owner Manager
|
$88,132/yr
|
RANGE: $77,915 - $98,348
|
|
AAA-The Auto Club Group
Owner
|
$48,873/yr
|
RANGE: $43,590 - $54,157
|
|
Comcast (CC) of Willow Grove
Retail Store Manager
|
$56,736/yr
|
RANGE: $49,959 - $63,514
|
|
Ollie's Bargain Outlet
Retail Assistant Store Manager
|
$51,772/yr
|
RANGE: $46,282 - $57,262
|
|
GOODWILL INDUSTRIES OF CENTRAL MICHIGAN'S HEARTLAND
Retail Store Supervisor (06)
|
$50,092/yr
|
RANGE: $44,698 - $55,485
|
|
Wireless Vision
Retail Store Manager
|
$59,560/yr
|
RANGE: $52,797 - $66,324
|
|
Mobilelink USA LLC
Retail Store Manager I
|
$56,146/yr
|
RANGE: $49,771 - $62,522
|
|
Fustini's Oils & Vinegars
Retail Store Manager
|
$59,900/yr
|
RANGE: $53,098 - $66,702
|
|
GameStop
Retail Keyholder (Store 0655)
|
$45,326/yr
|
RANGE: $40,807 - $49,845
|
Top 10 Highest Paying Cities For Retail Store Owner Jobs in Michigan
It is important to understand how location impacts your career prospects in the United States.
There are some cities where a Retail Store Owner can find a job easily with a greater salary paid then achieve a higher standard of living.
Below is the top cities list for Retail Store Owner job salaries in Michigan.
Some cities can pay higher salaries for Retail Store Owner jobs, which can indicate that there is a large demand for Retail Store Owner positions in this city.
The following table shows top 10 cities where the Retail Store Owner salary is higher than other cities in Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Retail Store Owner salary is $71,882 in Ann Arbor,
which is higher than the national average. There are 6 cities' Retail Store Owner salary higher than national average in Michigan.
The average salary for a Retail Store Owner in Michigan is $70,417,
but we found that the city with the highest salary for Retail Store Owner jobs is Ann Arbor, MI, and it is higher than Canton.
Retail Store Owner jobs in Ann Arbor can have the opportunity to earn higher salaries than in other cities in Michigan.
| CITY | ANNUAL SALARY | MONTHLY PAY | WEEKLY PAY | HOURLY WAGE |
| Ann Arbor | $71,882 | $5,990 | $1,382 | $35 |
| Canton | $71,768 | $5,981 | $1,380 | $35 |
| Novi | $71,539 | $5,962 | $1,376 | $34 |
| Detroit | $71,511 | $5,959 | $1,375 | $34 |
| Warren | $71,511 | $5,959 | $1,375 | $34 |
| Dearborn | $71,511 | $5,959 | $1,375 | $34 |
| Dearborn Heights | $71,475 | $5,956 | $1,375 | $34 |
| Royal Oak | $71,432 | $5,953 | $1,374 | $34 |
| Westland | $71,411 | $5,951 | $1,373 | $34 |
| Taylor | $71,396 | $5,950 | $1,373 | $34 |
What Does a Retail Store Owner Do?
If you plan to purchase your very own business, understand that a lot of responsibility accompanies the title of store owner.
Updated October 20, 2021
Whatever the experience and training, a retail business owner needs a lot of energy, patience, and fortitude to overcome the slow times and other difficulties involved in running a business.
Updated December 20, 2021
Owning your own retail store is challenging, but the rewards can be great when your hard work pays off.
Updated December 19, 2021
By creating specialty areas, such as jewelry, shoes, sporting goods, and housewares, retail professionals create stores with stores.
Updated December 18, 2021
Most communities have a chamber of commerce whose members usually will be glad to share their insights into the career of a retail business owner.
Updated December 16, 2021
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Explore JobArchitectFrequently Asked Questions About a Retail Store Owner Salaries
What is the average of a Retail Store Owner in Michigan?
The Retail Store Owner salary range is from $60,490 to $79,527, and the average Retail Store Owner salary is $70,417/year in Michigan.
The Retail Store Owner's salary will change in different locations.
Which location pays the highest Retail Store Owner salary in the United States?
The Retail Store Owner salary in San Jose, CA is $90,187
which is the highest in the US.
What kinds of reasons will influence the Retail Store Owner'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 Retail Store Owner.
What is the growth rate of the Retail Store Owner's salary?
If you are thinking of becoming a Retail Store Owner or planning the next step in your career, find the detailed salary report of a Retail Store Owner.
