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$49,507

Average Base Salary

$24/hr

Average Hourly Rate

$3,297

Average Bonus
The average business owner salary in Colorado, United States is $49,507 or an equivalent hourly rate of $24. This is 2% higher (+$958) than the average business owner salary in the United States. In addition, they earn an average bonus of $3,297. Salary estimates based on salary survey data collected directly from employers and anonymous employees in Colorado, United States.
Salary by Experience

$39,405

Entry Level Salary

$68,104

Senior Level Salary
An entry level business owner (1-3 years of experience) earns an average salary of $39,405. On the other end, a senior level business owner (8+ years of experience) earns an average salary of $68,104.

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Job Description
Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.
Education

The chart below breaks down accounts by the highest level of education obtained.

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About the Data

The above data is a data available in ERI Economic Research Institute's Global Salary Calculator. The Global Salary Calculator provides compensation data for over 45,000 positions in 8,000+ cities in 69 countries. Try a free demo of the cloud-based Global Salary Calculator.

If you need to calculate competitive levels of salaries, incentives and total compensation by industry, organization size and salary planning date, please view a demonstration version of ERI's Salary Assessor, which is used by the majority of the Fortune 500 for salary survey data and compensation planning. Try a free demo of the cloud-based Salary Assessor.

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