Vice President Business Development Salary in Michigantown, IN

How much does a Vice President Business Development make in Michigantown, IN? (2025)

As of November 01, 2025, the average salary for a Vice President Business Development in Michigantown, IN is $411,252 per year, which breaks down to an hourly rate of $198.

However, a Vice President Business Development's salary can vary significantly. Here’s a look at the typical salary range:

  • Top Earners (90th percentile): $487,537
  • Majority Range (25th-75th percentile): $382,986 to $451,183
  • Entry-Level (10th percentile): $357,251
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View as table View as graph 25% $382,986 10% $357,251 90% $487,537 75% $451,183 $411,252 50%(Median) Didn’t find job title? Click

Vice President Business Development Salaries by Percentile

Annual
Salary		 Monthly
Pay		 Weekly
Pay		 Hourly
Wage
75th Percentile $451,183 $37,599 $8,677 $217
Average $411,252 $34,271 $7,909 $198
25th Percentile $382,986 $31,915 $7,365 $184
Check out Vice President Business Development Job Openings in Michigantown, IN
Vice President Business Development

Amplity Health - Indianapolis, IN

Vice President Business Development

Amplity - Indianapolis, IN

Vice President of Development

The Annex Group - Fishers, IN

Vice President of Business Administration

Executive Leadership Solutions - Merrillville, IN

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Key Factors That Influence Vice President Business Development Salaries

A Vice President Business Development'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, skills and company size can directly affect your earning potential.

How Experience Level Affects Vice President Business Development Salaries?

Experience is a primary driver of a Vice President Business Development'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): $396,627
  • Early Career (1-2 years): $398,973
  • Mid-Level (2-4 years): $402,101
  • Senior-Level (5-8 years): $406,793
  • Expert (over 8 years): $412,657
Levels Salary
Entry Level Vice President Business Development $396,627
Intermediate Level Vice President Business Development $398,973
Senior Level Vice President Business Development $402,101
Specialist Level Vice President Business Development $406,793
Expert Level Vice President Business Development $412,657
$396,627 0 yr
$398,973 < 2 yrs
$402,101 2-4 yrs
$406,793 5-8 yrs
$412,657 > 8 yrs
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What Am I Worth?

Top Paying Cities for Vice President Business Developments

Salaries can also vary between different cities, even within the same state. 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 Indiana cities:

  • Lowell: $435,629
  • Hebron: $434,930
  • East Chicago: $434,449

What Skills Can Increase a Vice President Business Development's Salary?

Demanded Skills for the Role:

  • Leadership (Mentioned in 6.14% Job Postings): Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  • Financial Accounting (Mentioned in 1.51% Job Postings): Financial accounting (or financial accountancy) is the field of accounting concerned with the summary, analysis and reporting of financial transactions related to a business. This involves the preparation of financial statements available for public use. Stockholders, suppliers, banks, employees, government agencies, business owners, and other stakeholders are examples of people interested in receiving such information for decision making purposes. Financial accountancy is governed by both local and international accounting standards. Generally Accepted Accounting Principles (GAAP) is the standard framework of guidelines for financial accounting used in any given jurisdiction. It includes the standards, conventions and rules that accountants follow in recording and summarizing and in the preparation of financial statements. On the other hand, International Financial Reporting Standards (IFRS) is a set of passionable accounting standards stating how particular types of transactions and other events should be reported in financial statements. IFRS are issued by the International Accounting Standards Board (IASB). With IFRS becoming more widespread on the international scene, consistency in financial reporting has become more prevalent between global organizations.
  • Sales and Marketing (Mentioned in 1.09% Job Postings): Marketing consists of the strategies your company employs to generate interest in your business. Sales are the methods by which you convert that interest into a transaction.
See More Skills
Skills Demand Percentage
Leadership 6.14%
Financial Accounting 1.51%
Sales and Marketing 1.09%
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 Vice President Business Development's salary.
  • Hard Working: Can increase your salary by up to 17%.
  • Brand Management: Can increase your salary by up to 16%.
  • Innovation: Can increase your salary by up to 10%.
Skill Salary Salary % Increase
Hard Working
 $481,165
17%
Brand Management
 $477,053
16%
Innovation
 $452,378
10%
Insight
 $452,378
10%
Strategic Planning
 $448,265
9%
Leadership
 $444,153
8%
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Vice President Business Development Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Vice President Business Development'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on November 01, 2025
$382,986
Average $411,252/year
$451,183
$31,915
Average $34,271/month
$37,599
$7,365
Average $7,909/week
$8,677
$184
Average $198/hour
$217
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $451,183 $37,599 $8,677 $217
Average $411,252 $34,271 $7,909 $198
25th Percentile $382,986 $31,915 $7,365 $184

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Cost of Living In Michigantown, IN

Cost of Living in Michigantown, IN is
-4.5% Lower
than the National Average

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