Business Owner salary in the United States

Average salary
$46,000/yr
Based on 2,626 income tax records
$17,500
$173,500
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
 
$30K
 
$37K
 
$46K
 
$52K
 
$55K
$17,500
$173,500
How much do Business Owners make?
The average total salary for a Business Owner is $46,000 per year. This is based on data from 2,626 TurboTax users who reported their occupation as Business Owner and includes taxable wages, tips, bonuses, and more. Business Owner salary can vary between $17,500 to $173,500 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Business Owner salary by location

Business Owner salary by company

Employer
Average salary per year*
Salary range**

Business Owner demographics in United States

single icon
41% are single
married icon
59% are married
have kids icon
46% have kids
own a home icon
65% own a home

Effective Tax Rates for Business Owners in United States

2,626 full-time salaries from 2019
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FAQS
The average salary for a business owner in the United States is $46,000 per year. Business owner salaries in the United States can vary between $17,500 to $173,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 2,626 tax returns from TurboTax customers who reported their occupation as business owner.

The following cities offer the highest salaries for business owners in the United States: Oklahoma City Metro Area, OK ($78,000 a year), York Metro Area, PA ($69,500 a year), and Baltimore Metro Area, MD ($68,000 a year).
*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.