The salary of a Business Development Manager in the United States varies depending on several factors, including experience, location, education level, marketing trend and company sizes.
As of April 01, 2025, the average hourly pay of Business Development Manager in the United States is $64. While Salary.com is seeing that Business Development Manager salary in the US can go up to $77 or down to $47, but most earn between $55 and $71. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Business Development Manager in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $71 | $6 | $1 | $0 |
| Average | $64 | $5 | $1 | $0 |
| 25th Percentile | $55 | $5 | $1 | $0 |
As of April 01, 2025, Salary.com is seeing that an entry-level Business Development Manager with under 1 year experience makes about $126,377. With less than 2 years of experience, a mid-level Business Development Manager makes around $126,929. After 2-4 years, the Business Development Manager pay rises to about $129,688. Those senior Business Development Manager with 5-8 years of experience earn roughly $134,011, and those Business Development Manager having 8 years or more experience is expected to earn about $138,475 on average.
| Levels | Salary |
|---|---|
| Entry Level Business Development Manager | $126,377 |
| Intermediate Level Business Development Manager | $126,929 |
| Senior Level Business Development Manager | $129,688 |
| Specialist Level Business Development Manager | $134,011 |
| Expert Level Business Development Manager | $138,475 |
| Entry Level | 5% |
| Mid Level | 4% |
| Senior Level | 2% |
| Top Level | 1% |
| Experienced | 5% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of April 01, 2025, the average yearly salary of Business Development Manager is $146,090 in California and in Massachusetts, the average annual salary goes to $144,143. While in New Jersey, a Business Development Manager earns $143,560 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of April 01, 2025, the average yearly salary of Business Development Manager in San Francisco, CA is $165,414 and in New York, NY, the average annual salary goes to $153,494. While a Business Development Manager earns $147,719 per year in Boston, MA.
For those exploring the changing dynamics of Business Development Manager salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of April 01, 2025, our research highlights a notable shift in Business Development Manager compensation over the past six years. For instance, the median salary has moved from $133,167 in 2023 to about $133,904 in 2024 (for a comprehensive analysis of Business Development Manager salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Business Development Manager information for you to search for. Click on search button below to see Business Development Manager job openings or enter a new job title here.
Here are companies hiring for Business Development Manager and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $132,448 | 72.5% | ||
| Bonus | $0 | 0.0% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $10,132 | 5.5% | ||
| 401K/403B | $5,563 | 3.0% | ||
| Disability | $2,649 | 1.5% | ||
| Healthcare | $8,352 | 4.6% | ||
| Pension | $7,152 | 3.9% | ||
| Time Off | $16,301 | 8.9% | ||
| Total Compensation | $182,598 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| No Diploma | 0.4% |
| High School | 4.7% |
| Associates | 4.3% |
| Bachelors | 45.3% |
| Masters | 42.6% |
| Doctorate | 2.6% |
What Am I Worth?
Manages the daily execution of the business development strategy, plans, and processes to drive sales, increase revenue, expand markets, and accomplish financial objectives. Coaches teams in best practices and effective tactics for prospecting new markets, partners, channels, and customers. Establishes team targets and metrics to measure the achievement of objectives. Develops and uses contacts and relationships within the industry, business environment, and customer base to understand and respond to competition, pricing, and product demand changes. Makes suggestions for new product offerings or improvements to sales or marketing efforts. May administer or negotiate new business proposals and prepare contracts. Typically requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Presentation: Presentation conveys information from a speaker to an audience. Presentations are typically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or present a new idea/product.
Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.
Promotion: Developing and implementing promotional activities to attract and increase the awareness of customers in buying products.
