How Much Does a Small Business Owner Make in Illinois?

Updated March 26, 2024
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Individually reported data submitted by users of our website

Low Confidence
$66,218/yr
Average Base Pay
Low $52,873
Average $66,218
High $76,775
The average salary for Small Business Owner is $66,218 per year in Illinois.

Related Job Titles to Small Business Owner

Business Owner
$48,255
Illinois
Per Year
Small Business Banker I
$74,098
Illinois
Per Year
Small Business Banker II
$106,268
Illinois
Per Year
Small Business Banker
$74,423
Illinois
Per Year

Similar Job Salaries to Small Business Owner by Company

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Company average base salary in (usd) range
Fud
Small Business Coach
$79,860/yr
$70,133
$89,587
RANGE: $70,133 - $89,587
Sauk Valley Bank
Small Business Specialist
$102,700/yr
$83,584
$121,816
RANGE: $83,584 - $121,816
Eastern Illinois University
Small Business Advisor
$144,633/yr
$116,744
$172,523
RANGE: $116,744 - $172,523
DocuSign
Account Executive, Small to Medium Business
$137,472/yr
$111,641
$163,303
RANGE: $111,641 - $163,303
Meta
Marketing Lead, Small & Medium Business
$105,801/yr
$91,506
$120,096
RANGE: $91,506 - $120,096
B10 Wells Fargo Bank, N. A.
Branch Small Business Banker (SAFE)
$99,222/yr
$79,285
$119,159
RANGE: $79,285 - $119,159
Wells Fargo
Branch Small Business Banker (SAFE)
$101,647/yr
$81,222
$122,071
RANGE: $81,222 - $122,071
H&R Block
Client Advisor-Small Business and Tax
$86,542/yr
$76,116
$96,968
RANGE: $76,116 - $96,968
U.S. Bank National Association
Small Business Specialist - Chicago North
$104,106/yr
$90,456
$117,756
RANGE: $90,456 - $117,756

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Top 10 Highest Paying Cities For Small Business Owner Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Small Business 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 Small Business Owner job salaries in Illinois. Some cities can pay higher salaries for Small Business Owner jobs, which can indicate that there is a large demand for Small Business Owner positions in this city.
The following table shows top 10 cities where the Small Business Owner salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Evanston. The Small Business Owner salary is $67,901 in Chicago, which is higher than the national average. There are 20 cities' Small Business Owner salary higher than national average in Illinois.
The average salary for a Small Business Owner in Illinois is $66,218, but we found that the city with the highest salary for Small Business Owner jobs is Chicago, IL, and it is higher than Cicero. Small Business Owner jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $67,901 $5,658 $1,306 $33
Cicero $67,901 $5,658 $1,306 $33
Evanston $67,901 $5,658 $1,306 $33
Oak Park $67,901 $5,658 $1,306 $33
Skokie $67,901 $5,658 $1,306 $33
Oak Lawn $67,836 $5,653 $1,305 $33
Des Plaines $67,706 $5,642 $1,302 $33
Mount Prospect $67,642 $5,637 $1,301 $33
Aurora $67,512 $5,626 $1,298 $32
Hoffman Estates $67,189 $5,599 $1,292 $32

What Does a Small Business Owner Do?

Ads are also a very cost-effective way for small business owners to reach a targeted audience with a very specific message.
Updated December 14, 2021
Many owners seek a bank loan in the name of their business; however, banks will usually insist on a personal guarantee by the business owner.
Updated November 21, 2021
Due to the number of hats a business owner is likely to wear when running their own organization, the capabilities of the owner will be closely related to the capabilities of the organization itself.
Updated November 11, 2021
Without getting too specific or detailed, there are a few central skills commonly required of owners across most small businesses:.
Updated November 02, 2021
In addition to ensuring that the business has enough capital, the small business owner must also be mindful of contribution margin (.
Updated October 28, 2021

Frequently Asked Questions About a Small Business Owner Salaries

What is the average of a Small Business Owner in Illinois?

The Small Business Owner salary range is from $52,873 to $76,775, and the average Small Business Owner salary is $66,218/year in Illinois. The Small Business Owner's salary will change in different locations.

Which location pays the highest Small Business Owner salary in the United States?

The Small Business Owner salary in San Jose, CA is $81,235 which is the highest in the US.

What kinds of reasons will influence the Small Business 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 Small Business Owner.

What is the growth rate of the Small Business Owner's salary?

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