Small Business Owner Salaries in Illinois
How Much Does a Small Business Owner Make in Illinois?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Small Business Owner in Illinois is $67,449.
While Salary.com is seeing that Small Business Owner salary in IL can go up to $88,001
or down to $41,480, but most earn between $53,856 and $78,207.
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 Small Business Owner
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Similar Job Salaries to Small Business Owner by Company
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| Company | average base salary in (usd) | range |
|---|---|---|
|
State Farm
Small Business Owner
|
$104,987/yr
|
RANGE: $88,003 - $121,971
|
|
Kalos Consulting
Small Business Owner Entrepreneur
|
$91,557/yr
|
RANGE: $77,002 - $106,111
|
|
Kalos Consulting
Small Business Owner
|
$84,486/yr
|
RANGE: $71,486 - $97,487
|
|
State Farm
Small Business Owner - Entrepreneur
|
$147,173/yr
|
RANGE: $113,747 - $180,598
|
|
State Farm Agent
Small Business Owner
|
$135,599/yr
|
RANGE: $109,810 - $161,388
|
|
State Farm Agent
Become a Small Business Owner
|
$109,445/yr
|
RANGE: $90,920 - $127,971
|
|
The Conner Group
Small Business Advisor
|
$103,862/yr
|
RANGE: $84,802 - $122,922
|
|
The Conner Group
Small Business Specialist
|
$93,661/yr
|
RANGE: $76,763 - $110,559
|
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, Oak Park.
The Small Business Owner salary is $68,382 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 $67,449,
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 | $68,382 | $5,698 | $1,315 | $33 |
| Cicero | $68,382 | $5,698 | $1,315 | $33 |
| Oak Park | $68,382 | $5,698 | $1,315 | $33 |
| Evanston | $68,356 | $5,696 | $1,315 | $33 |
| Skokie | $68,356 | $5,696 | $1,315 | $33 |
| Oak Lawn | $68,303 | $5,692 | $1,314 | $33 |
| Des Plaines | $68,197 | $5,683 | $1,311 | $33 |
| Mount Prospect | $68,144 | $5,679 | $1,310 | $33 |
| Aurora | $67,853 | $5,654 | $1,305 | $33 |
| Hoffman Estates | $67,793 | $5,649 | $1,304 | $33 |
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
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Explore JobArchitectFrequently 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 $53,856 to $78,207, and the average Small Business Owner salary is $67,449/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 $83,463
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.
