Small Business Owner salary in the United States

Average salary

$31,000/yr

Based on 3,574 income tax records

$16,000

$103,000

Age:

Average salary by age

18-25

26-35

36-45

46-55

56+

$23K

$30K

$32K

$35K

$41K

$16,000

$103,000

How much do Small Business Owners make?

The average total salary for a Small Business Owner is $31,000 per year. This is based on data from 3,574 TurboTax users who reported their occupation as Small Business Owner and includes taxable wages, tips, bonuses, and more. Small Business Owner salary can vary between $16,000 to $103,000 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

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2,626 income tax records
$46,000/yr
IT Business Analyst
3,609 income tax records
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Product Owner
2,880 income tax records
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Business Development Specialist
1,129 income tax records
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Small Business Owner salary by location

Small Business Owner salary by company

Small Business Owner demographics in United States

55% are single

45% are married

41% have kids

60% own a home

Effective Tax Rates for Small Business Owners in United States

3,574 full-time salaries from 2019

FAQS

What is the average salary for a small business owner in the United States?

The average salary for a small business owner in the United States is $31,000 per year. Small business owner salaries in the United States can vary between $16,000 to $103,000 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 3,574 tax returns from TurboTax customers who reported their occupation as small business owner.

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Which cities offer the highest salaries for small business owners in the United States?

The following cities offer the highest salaries for small business owners in the United States: Tucson Metro Area, AZ ($43,000 a year), Washington Metro Area, DC ($42,000 a year), and Providence Metro Area, RI ($41,500 a year).

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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.