Small Business Owner salary in Illinois

Average salary
$32,500/yr
Based on 89 income tax records
$16,000
$107,000
DATA PROVIDED BY turbotax icon

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

From consenting TurboTax customers

$16,000
$107,000
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 Small Business Owners make?
The average total salary for a Small Business Owner is $32,500 per year. This is based on data from 89 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 $107,000 depending on factors including education, skills, experience, employer & location. Read more
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Small Business Owner salary by location

Location
Average salary per year*
Salary range**

Small Business Owner salary by company

Employer
Average salary per year*
Salary range**

Small Business Owner demographics in Illinois

single icon
53% are single
married icon
47% are married
have kids icon
37% have kids
own a home icon
60% own a home

Effective Tax Rates for Small Business Owners in Illinois

89 full-time salaries from 2019
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FAQS
The average salary for a small business owner in Illinois is $32,500 per year. Small business owner salaries in Illinois can vary between $16,000 to $107,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 89 tax returns from TurboTax customers who reported their occupation as small business owner.
*
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.