Business Owner salary in Illinois

Average salary

$47,500/yr

Based on 77 income tax records

$17,500

$160,500

Age:

Average salary by age

18-25

26-35

36-45

46-55

56+

$52K

$40K

$49K

$51K

$17,500

$160,500

How much do Business Owners make?

The average total salary for a Business Owner is $47,500 per year. This is based on data from 77 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 $160,500 depending on factors including education, skills, experience, employer & location. Read more

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DATA PROVIDED BY

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

From consenting TurboTax customers

Similar Occupations

Product Owner

2,880 income tax records

$90,000/yr

Business Manager

13,426 income tax records

$62,000/yr

Small Business Owner

3,574 income tax records

$31,000/yr

Business Executive

459 income tax records

$203,000/yr

Product Owner
2,880 income tax records
$90,000/yr
Business Manager
13,426 income tax records
$62,000/yr
Small Business Owner
3,574 income tax records
$31,000/yr
Business Executive
459 income tax records
$203,000/yr

Business Owner salary by location

Business Owner salary by company

Business Owner demographics in Illinois

59% are single

41% are married

29% have kids

57% own a home

Effective Tax Rates for Business Owners in Illinois

77 full-time salaries from 2019

FAQS

What is the average salary for a business owner in Illinois?

The average salary for a business owner in Illinois is $47,500 per year. Business owner salaries in Illinois can vary between $17,500 to $160,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

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Where is this data coming from?

This data is exclusive to Mint Salary and is based on 77 tax returns from TurboTax customers who reported their occupation as business owner.

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