Entrepreneur demographics and statistics in the US
Entrepreneur demographics research summary. Zippia estimates entrepreneur demographics and statistics in the United States by using a database of 30 million profiles. Our entrepreneur estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about entrepreneurs after extensive research and analysis:
- There are over 98,183 entrepreneurs currently employed in the United States.
- 41.5% of all entrepreneurs are women, while 58.5% are men.
- The average entrepreneur age is 44 years old.
- The most common ethnicity of entrepreneurs is White (67.1%), followed by Hispanic or Latino (15.4%), Asian (6.4%) and Black or African American (6.3%).
- In 2022, women earned 88% of what men earned.
- 10% of all entrepreneurs are LGBT.
- Entrepreneurs are 77% more likely to work at private companies in comparison to public companies.
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Entrepreneur demographics by:
Entrepreneur gender statistics
41.5% of entrepreneurs are women and 58.5% of entrepreneurs are men.
- Male, 58.5%
- Female, 41.5%
Entrepreneur gender ratio
Gender  | Percentages |
|---|---|
| Male | 58.5% |
| Female | 41.5% |
Entrepreneur gender pay gap
Women earn 88¢ for every $1 earned by men
Male Income
$74,168
Female Income
$65,390
Entrepreneur gender ratio over time
This data breaks down the percentage of men and women in entrepreneur positions over time. Currently, 41.5% of entrepreneurs are female.
Entrepreneur gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 64.34% | 35.66% |
| 2011 | 63.65% | 36.35% |
| 2012 | 62.84% | 37.16% |
| 2013 | 63.37% | 36.63% |
| 2014 | 65.20% | 34.80% |
| 2015 | 63.91% | 36.09% |
| 2016 | 64.82% | 35.18% |
| 2017 | 62.17% | 37.83% |
| 2018 | 62.09% | 37.91% |
| 2019 | 60.09% | 39.91% |
| 2020 | 60.20% | 39.80% |
| 2021 | 58.45% | 41.55% |
Entrepreneur related jobs gender ratio
We compared entrepreneurs with similar job titles to see how gender ratios vary. As you can see, district commercial superintendent and street superintendent have the biggest gender ratio gaps.
| Job Title | Male | Female |
|---|---|---|
| Administrative Assistant To General Manager | 9% | 91% |
| Manager Stylist | 9% | 91% |
| Salon Manager | 12% | 88% |
| Entrepreneur | 58% | 42% |
| General Superintendent | 97% | 3% |
| Street Superintendent | 97% | 3% |
| District Commercial Superintendent | 98% | 2% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Entrepreneur demographics by race
The most common ethnicity among entrepreneurs is White, which makes up 67.1% of all entrepreneurs. Comparatively, 15.4% of entrepreneurs are Hispanic or Latino and 6.4% of entrepreneurs are Asian.
- White, 67.1%
- Hispanic or Latino, 15.4%
- Asian, 6.4%
- Black or African American, 6.3%
- Unknown, 4.3%
- American Indian and Alaska Native, 0.5%
Entrepreneur Race
| Entrepreneur Race | Percentages |
|---|---|
| White | 67.1% |
| Hispanic or Latino | 15.4% |
| Asian | 6.4% |
| Black or African American | 6.3% |
| Unknown | 4.3% |
| American Indian and Alaska Native | 0.5% |
Entrepreneur race and ethnicity over time
See how entrepreneur racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
- White
- Asian
- Hispanic or Latino
- Black or African American
Entrepreneur race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 74.77% | 6.35% | 5.31% | 11.26% |
| 2011 | 74.61% | 6.52% | 5.34% | 10.97% |
| 2012 | 74.27% | 6.09% | 5.47% | 12.05% |
| 2013 | 74.77% | 5.91% | 5.52% | 11.41% |
| 2014 | 73.67% | 5.88% | 5.41% | 12.76% |
| 2015 | 73.68% | 5.94% | 5.35% | 12.69% |
| 2016 | 71.35% | 6.45% | 5.80% | 13.90% |
| 2017 | 72.70% | 5.93% | 5.54% | 13.40% |
| 2018 | 72.27% | 5.71% | 6.12% | 13.27% |
| 2019 | 70.88% | 5.98% | 6.16% | 14.34% |
| 2020 | 69.13% | 6.02% | 5.80% | 14.23% |
| 2021 | 67.07% | 6.25% | 6.43% | 15.43% |
Entrepreneur wage gap by race
According to our data, asian entrepreneurs have the highest average salary compared to other ethnicities. Black or african american entrepreneurs have the lowest average salary at $70,391.
| Ethnicity | Salary |
|---|---|
| Unknown | $72,877 |
| White | $76,153 |
| Black or African American | $70,391 |
| Asian | $77,588 |
| Hispanic or Latino | $74,044 |
Entrepreneur JOBS
Average entrepreneur age
See how the average age of entrepreneurs varies based on ethnicity and gender.
Male
Female
Entrepreneur age by race and gender
| Race | Male Age | Female Age |
|---|---|---|
| Black or African American | 42 | 45 |
| Unknown | 42 | 41 |
| Asian | 43 | 41 |
| Hispanic or Latino | 42 | 40 |
| White | 45 | 44 |
| American Indian and Alaska Native | 43 | 44 |
Entrepreneur age breakdown
The average age of entrepreneurs is 40+ years years old, representing 64% of the entrepreneur population.
Entrepreneur age breakdown
| Entrepreneur Years | Percentages |
|---|---|
| 40+ years | 64% |
| 30-40 years | 30% |
| 20-30 years | 6% |
Entrepreneur educational attainment
The most common degree for entrepreneurs is bachelor's degree, with 62% of entrepreneurs earning that degree. The second and third most common degree levels are associate degree degree at 14% and associate degree degree at 11%.
- Bachelor's, 62%
- Associate, 14%
- Master's, 11%
- High School Diploma, 6%
- Other Degrees, 7%
Entrepreneurs by degree level
| Entrepreneur Degree | Percentages |
|---|---|
| Bachelor's | 62% |
| Associate | 14% |
| Master's | 11% |
| High School Diploma | 6% |
| Other Degrees | 7% |
Entrepreneur Jobs You Might Like
Entrepreneur wage gap by degree level
According to the data, entrepreneurs with a Master's degree earn more than those without, at $96,623 annually. With a Doctorate degree, entrepreneurs earn a median annual income of $92,351 compared to $80,742 for entrepreneurs with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $96,623 |
| High School Diploma or Less | $63,192 |
| Bachelor's Degree | $80,742 |
| Doctorate Degree | $92,351 |
| Some College/ Associate Degree | $65,544 |
Entrepreneur employment statistics
Most entrepreneurs work for a private in the retail industry.
Company size where entrepreneurs work
Below, you can see the size of companies where entrepreneurs work.
Entrepreneur jobs by employer size
| Company Size | Percentages |
|---|---|
| < 50 employees | 16% |
| 50 - 100 employees | 23% |
| 100 - 500 employees | 22% |
| 500 - 1,000 employees | 7% |
| 1,000 - 10,000 employees | 19% |
| > 10,000 employees | 13% |
Entrepreneur jobs by company type
Employees with the entrepreneur job title have their preferences when it comes to working for a company. For instance, most entrepreneurs prefer to work at private companies over public companies.
Entrepreneur jobs by sector
| Company Type | Percentages |
|---|---|
| Education | 8% |
| Public | 12% |
| Private | 77% |
| Government | 4% |
Entrepreneur jobs by industry
The most common industries for entrepreneurs are retail, manufacturing and professional.
Entrepreneur industry statistics
| Industry | Percentages |
|---|---|
| Retail | 12% |
| Manufacturing | 9% |
| Professional | 9% |
| Technology | 8% |
| Media | 6% |
| Hospitality | 6% |
| Health Care | 6% |
| Fortune 500 | 6% |
| Education | 6% |
| Start-up | 6% |
| Internet | 4% |
| Finance | 4% |
| Construction | 4% |
| Non Profits | 4% |
| Government | 3% |
| Real Estate | 2% |
| Transportation | 1% |
| Automotive | 1% |
| Insurance | 1% |
Entrepreneur turnover and employment statistics
Entrepreneur unemployment rate over time
The unemployment rate for entrepreneurs between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
- Unemployment rate
Entrepreneur unemployment rate by year
| Year | Entrepreneur Unemployment Rate |
|---|---|
| 2010 | 6.02% |
| 2011 | 5.17% |
| 2012 | 4.50% |
| 2013 | 3.74% |
| 2014 | 3.19% |
| 2015 | 2.83% |
| 2016 | 2.57% |
| 2017 | 2.68% |
| 2018 | 2.15% |
| 2019 | 2.22% |
| 2020 | 3.68% |
| 2021 | 4.01% |
Average entrepreneur tenure
The average entrepreneur stays at their job for 1-2 years, based on the 13,407 entrepreneurs resumes in Zippia's database.
Entrepreneur tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 10% |
| 1-2 years | 21% |
| 3-4 years | 14% |
| 5-7 years | 20% |
| 8-10 years | 10% |
| 11+ years | 25% |
Entrepreneur LGBT ratio compared to similar jobs
Review the percent of entrepreneurs that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job Title | LGBT | Job Openings |
|---|---|---|
| Director, Facilities & Operations | 7.93% | 83,458 |
| Lead Project Coordinator | 8.41% | 58,742 |
| National Sales Manager | 9.38% | 94,554 |
| Entrepreneur | 10.39% | - |
| Public Works Commissioner | 11.63% | 8,214 |
| Human Resources Vice President | 13.02% | 74,729 |
| Promotion Manager | 14.95% | 8,515 |
Similar entrepreneur jobs LGBT demographics
| Profession | Percentages of LGBT | Job Openings |
|---|---|---|
| Director, Facilities & Operations | 7.93% | 83,458 |
| Lead Project Coordinator | 8.41% | 58,742 |
| National Sales Manager | 9.38% | 94,554 |
| Public Works Commissioner | 11.63% | 8,214 |
| Human Resources Vice President | 13.02% | 74,729 |
| Promotion Manager | 14.95% | 8,515 |
Foreign languages spoken by entrepreneurs
The most common foreign language among entrepreneurs is Spanish at 45.2%. The second-most popular foreign language spoken is French at 9.4% and Chinese is the third-most popular at 7.3%.
- Spanish, 45.2%
- French, 9.4%
- Chinese, 7.3%
- Mandarin, 5.8%
- German, 4.8%
- Other, 27.5%
Entrepreneur languages spoken
| Foreign Language | Percentages |
|---|---|
| Spanish | 45.2% |
| French | 9.4% |
| Chinese | 7.3% |
| Mandarin | 5.8% |
| German | 4.8% |
| Other | 27.5% |