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VP Business Development Salary in Ely, NV
How much does a VP Business Development make in Ely, NV?
$221,885 (USD)/year
Average Bonus
$23,742 (USD)
per Year
Total Compensation
$242,091.70
Entry Level
$141,983
Median
$218,350
Senior Level
$325,864
As of July, 23, 2026, the average vp business development gross salary in Ely, Nevada is $221,885 or an equivalent hourly rate of $107. In addition, vp business developments earn an average bonus of $23,742. An entry level vp business development with 1-3 years of experience earns an average salary of $141,983. At the higher end of the pay range, a senior level vp business development with 8+ years of experience earns an average salary of $325,864. Salary estimates are based on salary survey data collected directly from employers in Ely, Nevada.
Data powered by ERI
Salary Potential for a VP Business Development
Explore the estimated salary growth for a VP Business Development in Ely, NV for up to 5 years. The estimated salary of a VP Business Development will be $228,076 in 1 year and $254,619 in 5 years.
View Salary by Year
Estimated Salary
$234,441
Average Growth
5.7 %
The estimated salary for a VP Business Development in 2 years is $234,441, which is 5.7 % average growth. This information is based on ERI's compensation database.
Typical VP Business Development Education
This chart displays the highest level of education for VP Business Developments.
- 0% of VP Business Developments have less than a High School Diploma
- 3% of VP Business Developments have a High School Diploma
- 5% of VP Business Developments have an Associate's Degree
- 42% of VP Business Developments have a Bachelor's Degree
- 44% of VP Business Developments have a Master's Degree
- 5% of VP Business Developments have a Doctorate Degree
The typical field of study for a VP Business Development is Business Administration and Management.
See how education can impact your salaryPopular Skills for a VP Business Development
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View moreCost of Living in Ely, NV
The cost of living in Ely, NV is 9% lower than the national average.
9% lower
than the national average
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Frequently Asked Questions
What does a VP Business Development do?
Evaluates business opportunities and potential markets, analyzes financial feasibility studies, and researches the market. Provides oversight and direction to the Business Development Department on a variety of business development activities, including proposal development, client relations, and account management. Plans, organizes, implements, and evaluates outcomes of the department's strategic plans. Oversees efforts to support and assist the organization in identifying and securing new business opportunities.
How much does a VP Business Development make in Ely, NV?
The average salary for a VP Business Development is $221,885 per year or $106.68 per hour in Ely, NV. Top earners have reported making up to $325,864. However, the typical pay range in Ely, NV is between $141,983 and $325,864 annually.
What is the salary trajectory for a VP Business Development?
VP Business Development is projected to see a 14.8 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact VP Business Development salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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