Owner salary

Quoted Expert
Laura Lott Valenti

Average owner salary

$90,334

$43.43 hourly rate

Entry-level owner salary
$60,000 yearly salary
Updated January 8, 2025

How much does an owner make?

The average owner salary in the United States is $90,334. Owner salaries typically range between $60,000 and $135,000 yearly. The average hourly rate for owners is $43.43 per hour.

Owner salary is impacted by location, education, and experience. Owners earn the highest average salary in New Jersey.

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Where can an Owner earn more?

Compare salary by location
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Vs
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148k
128k
108k
88k
68k
48k
Columbus, OH$134,539
Lehi, UT$77,815
Compare salary by company
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Vs
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172k
152k
132k
112k
92k
BP America Inc$149,144
New Life$121,831

Owner salary estimates from across the web

Based on the latest salary information compiled by Zippia, Salary.com, Indeed, Glassdoor and Payscale, the average salary for an owner typically falls between $55,380 and $179,981.
zippia
$90,334yearly
glassdoor[1]
$179,981yearly
indeed[2]
$59,102yearly
Salary.com[3]
$55,380yearly
payscale[4]
$70,456yearly

Average owner salary by state

Highest paying states for owners

Rank
ascdesc
State
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1West Virginia$108,058$51.95
2Delaware$129,855$62.43
3New York$134,092$64.47
4Michigan$109,626$52.70
5New Jersey$153,245$73.68
6Virginia$119,771$57.58
7Washington$116,071$55.80
8North Dakota$95,188$45.76
9North Carolina$105,617$50.78
10Rhode Island$119,186$57.30
11Connecticut$121,422$58.38
12Illinois$108,127$51.98
13Pennsylvania$106,057$50.99
14South Carolina$98,793$47.50
15Maine$111,283$53.50
16Arkansas$84,858$40.80
17Massachusetts$118,604$57.02
18District of Columbia$121,516$58.42
19New Mexico$87,093$41.87
20Montana$104,318$50.15
21Vermont$105,890$50.91
22Kansas$79,415$38.18
23Minnesota$91,246$43.87
24California$105,250$50.60
25Ohio$93,825$45.11
26Georgia$87,605$42.12
27South Dakota$74,595$35.86
28Maryland$101,715$48.90
29Mississippi$78,249$37.62
30Oregon$84,206$40.48
31Oklahoma$73,842$35.50
32Texas$79,054$38.01
33Indiana$74,789$35.96
34Florida$83,536$40.16
35Utah$78,059$37.53
36Kentucky$70,562$33.92
37Tennessee$71,138$34.20
38Wisconsin$73,109$35.15
39Alabama$68,532$32.95
40Missouri$68,717$33.04
41Iowa$67,885$32.64
42Louisiana$67,287$32.35
43Colorado$76,507$36.78
44Arizona$74,953$36.04
45Nevada$71,202$34.23
46Nebraska$52,847$25.41
47Idaho$59,279$28.50
48Wyoming$57,231$27.51
49New Hampshire$69,129$33.24
50Alaska$66,026$31.74
51Hawaii$62,846$30.21

Highest paying cities for owners

The highest-paying cities for owners are New York, NY, Washington, DC, and Manassas, VA.

Rank
ascdesc
City
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
1New York, NY$134,539$64.68
2Washington, DC$121,655$58.49
3Manassas, VA$121,448$58.39
4Hartford, CT$121,428$58.38
5Providence, RI$119,148$57.28
6Boston, MA$118,473$56.96
7Bellevue, WA$116,808$56.16
8San Francisco, CA$110,446$53.10
9Dearborn, MI$110,183$52.97
10Chicago, IL$108,571$52.20
11Raleigh, NC$107,908$51.88
12Harrisburg, PA$105,666$50.80
13Annapolis, MD$101,936$49.01
14Fargo, ND$96,200$46.25
15Columbus, OH$93,838$45.11
16Saint Paul, MN$91,369$43.93
17Atlanta, GA$87,627$42.13
18Eugene, OR$84,631$40.69
19San Antonio, TX$80,323$38.62
20Lehi, UT$77,815$37.41

Owners are the most in-demand in these five cities:

  1. New York, NY
  2. Washington, DC
  3. Hartford, CT
  4. Providence, RI
  5. Boston, MA

Owner salary details

An owner's salary ranges from $60,000 a year at the 10th percentile to $135,000 at the 90th percentile.

Average Owner Salary Graph
Average Owner Salary Graph, Trends, and Summary

What is an owner's salary?

Percentile
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
90th Percentile$135,000$11,250$65
75th Percentile$111,000$9,250$53
Average$90,334$7,528$43
25th Percentile$72,000$6,000$35
10th Percentile$60,000$5,000$29

Highest paying owner jobs

The highest paying types of owners are president/chief executive officer, president, and chief executive officer.

Job Title
ascdesc
Annual Salary
ascdesc
Monthly Salary
ascdesc
Hourly Rate
ascdesc
Job Openings
ascdesc
Vice President$158,637$13,220$76.27119,530
President$192,329$16,027$92.4749,413
General Manager/Partner$85,061$7,088$40.89279,155
Chief Operating Officer$136,604$11,384$65.67128,993
Chief Finance Officer$143,947$11,996$69.21145,184
Managing Partner$147,401$12,283$70.8766,916

How would you rate the starting salaries for Owners, as well as the prospects for salary advancement?

L

Laura Lott Valenti

Assistant Professor of Marketing John C. Daigle Endowed Professor, Nicholls State University

Just yesterday, one of my sales students was told, in an interview, that the starting salary was $50K base and a commission cap of $22.5K for a virtual sales position with a well-branded organization. I think this is great and in line with the industry and expectations! (I also have three former students who work for the company, so he would be in great hands.)

Which companies pay owners the most?

Owner salaries at BP America Inc and Boehringer Ingelheim are the highest-paying according to our most recent salary estimates. In addition, the average owner salary at companies like Fairview Health Services and Genentech are highly competitive.

Rank
ascdesc
Company
ascdesc
Average Salary
ascdesc
Hourly Rate
ascdesc
1BP America Inc$149,144$71.70
2Boehringer Ingelheim$144,588$69.51
3Fairview Health Services$139,541$67.09
4Genentech$139,128$66.89
5Medtronic$136,353$65.55
6General Motors$135,386$65.09
7Mars$133,676$64.27
8Gundersen Lutheran Medical Foundation Inc.$133,140$64.01
9Meta$132,025$63.47
10Veoneer$129,593$62.30
11Takeda Pharmaceuticals U.S.A., Inc.$128,638$61.85
12Toyota Financial Svc$128,006$61.54
13Visteon$127,885$61.48
14Magna International$127,714$61.40
15Vestas Blades America$127,236$61.17
16Alene Candles$126,316$60.73
17Polaris$125,030$60.11
18Ernst & Young$124,162$59.69
19Cerner$123,206$59.23
20New Life$121,831$58.57

Wage gap by gender, race and education

$87,000$85,200$83,400$81,600$79,800$78,000
MaleFemale

Owner salary trends

The average owner salary has risen by $9,250 over the last ten years. In 2014, the average owner earned $81,084 annually, but today, they earn $90,334 a year. That works out to a 3% change in pay for owners over the last decade.

Compare owner salaries for cities or states with the national average over time.

Average owner salary over time

Compare owner salaries for individual cities or states with the national average.

  • National Average
  • Columbus, OH

Owner salary by year

Year
ascdesc
Avg. Salary
ascdesc
Hourly Rate
ascdesc
% Change
ascdesc
2025$90,300$43.43+0.8%
2024$89,600$43.08-2.8%
2023$92,100$44.28+3.3%
2022$89,000$42.80+1.1%
2021$88,000$42.32+3.4%

Recently added owner salaries

Company
ascdesc
Job
ascdesc
Location
ascdesc
Date Added
ascdesc
Salary
ascdesc
HartfordSR. Process Owner-Artificial IntelligenceAurora, NY12/16/2024$105,920
The HartfordSR. Process Owner-Artificial IntelligenceColumbus, OH12/15/2024$105,920
GenesysZuora Platform OwnerBoone, NC12/15/2024$104,800
Illinois Facilities FundOwner's RepresentativeLane, KS12/15/2024$70,600
American Electric Power Company, Inc.Major Incident Process Owner (Tech Business Analyst StaffColumbus, OH12/14/2024$129,963
The Vertex Companies, LLCOwner's RepresentativeNew York, NY12/14/2024$100,000
Hartford Fire Ins. CoSR. Process Owner-Artificial IntelligenceNoank, CT12/13/2024$105,920
The HartfordSR. Process Owner-Artificial IntelligenceCharlotte, NC12/13/2024$105,920
Trane Technologies PlcBI APP OwnerDavidson, NC12/12/2024$94,000
Trane Technologies PlcBI APP OwnerSaint Paul, MN12/12/2024$94,000

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