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Business Owner salary in Chicago Metro Area, IL

Average salary
$54,000/yr
Based on 39 income tax records
$18,500
$157,500
DATA PROVIDED BY turbotax icon

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

From consenting TurboTax customers

$18,500
$157,500
DATA PROVIDED BY turbotax icon

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

From consenting TurboTax customers

How much do Business Owners make?question mark icon
The average salary for a Business Owner in Chicago Metro Area, IL is $54,000 per year. This data is exclusive to Mint Salary and is based on 39 tax returns from TurboTax customers who reported their occupation as business owners. Business Owner salaries in Chicago Metro Area, IL can vary between $18,500 to $157,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more. Read more
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Business Owner salary by city

Location
Average salary per year
Salary range
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Chicago, IL
10 income tax records
$52,000/yr
$48K – $89K

Business Owner salary by company

Employer
Average salary per year
Salary range

Business Owner demographics in Chicago Metro Area, IL

single icon
54% are single
married icon
46% are married
have kids icon
35% have kids
own a home icon
71% own a home

Business Owner salaries by age

$0
$20,000
$40,000
$60,000
$80,000
18-25
26-35
36-45
46-55
56+
Years of age

Effective Tax Rates for Business Owners in Chicago Metro Area, IL

39 full-time salaries from 2019
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*Total salary amounts here include total taxable wages, tips, prizes and other compensation. Learn more
**Total salary ranges shown here exclude outliers.