Small Business Owner Salaries in Michigan
How Much Does a Small Business Owner Make in Michigan?
Updated April 01, 2025
As of April 01, 2025,
the average annual pay of Small Business Owner in Michigan is $65,166.
While Salary.com is seeing that Small Business Owner salary in MI can go up to $85,023
or down to $40,076, but most earn between $52,033 and $75,560.
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 |
|---|---|---|
|
LMCU
Small Business Lending Underwriter
|
$87,119/yr
|
RANGE: $79,213 - $95,025
|
|
State Farm
Small Business Entrepreneur
|
$107,311/yr
|
RANGE: $92,496 - $122,126
|
|
Oxford Bank
Small Business Banking Associate
|
$91,499/yr
|
RANGE: $82,451 - $100,548
|
|
State Farm
Small Business Owner
|
$96,079/yr
|
RANGE: $88,860 - $103,297
|
|
State Farm Agent
Small Business Owner
|
$106,022/yr
|
RANGE: $93,687 - $118,358
|
|
State Farm
Small Business Owner - Entrepreneur
|
$102,071/yr
|
RANGE: $88,552 - $115,589
|
Top 10 Highest Paying Cities For Small Business 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 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 Michigan.
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 Michigan.
Ann Arbor takes first place in this list, followed by Canton, Novi.
The Small Business Owner salary is $66,523 in Ann Arbor,
which is higher than the national average. There are 6 cities' Small Business Owner salary higher than national average in Michigan.
The average salary for a Small Business Owner in Michigan is $65,166,
but we found that the city with the highest salary for Small Business Owner jobs is Ann Arbor, MI, and it is higher than Canton.
Small Business 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 | $66,523 | $5,544 | $1,279 | $32 |
| Canton | $66,417 | $5,535 | $1,277 | $32 |
| Novi | $66,205 | $5,517 | $1,273 | $32 |
| Detroit | $66,178 | $5,515 | $1,273 | $32 |
| Warren | $66,178 | $5,515 | $1,273 | $32 |
| Dearborn | $66,178 | $5,515 | $1,273 | $32 |
| Dearborn Heights | $66,145 | $5,512 | $1,272 | $32 |
| Royal Oak | $66,106 | $5,509 | $1,271 | $32 |
| Westland | $66,086 | $5,507 | $1,271 | $32 |
| Taylor | $66,073 | $5,506 | $1,271 | $32 |
What Does a Small Business Owner Do?
As the creator of a small business, and the primary source of strategic direction, business owners have substantial impact on the success or failure of a venture.
Updated December 06, 2021
The line between an owner-manager and an entrepreneur can be defined by whether or not their business is growth-oriented.
Updated December 01, 2021
A small business owner involved in building websites will need the core relevant skills to create them from scratch.
Updated December 21, 2021
In short, most small business owners are the primary source of relevant skills for that particular business model (at least at first).
Updated December 20, 2021
The data shows the sheer commitment of small business owners to succeed, and they remain highly optimistic about the future.
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Explore JobArchitectFrequently Asked Questions About a Small Business Owner Salaries
What is the average of a Small Business Owner in Michigan?
The Small Business Owner salary range is from $52,033 to $75,560, and the average Small Business Owner salary is $65,166/year in Michigan.
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.
