When you interview for a job as a retail store manager, what are you expecting your salary to be?
Introduction
The average annual pay for a Retail Store Manager in the United States is $42,839 a year.
Just in case you need a simple salary calculator, that works out to be approximately $20.60 an hour. This is the equivalent of $824/week or $3,570/month.
While is seeing annual salaries as high as $66,000 and as low as $22,000, the majority of Retail Store Manager salaries currently range between $34,000 (25th percentile) to $48,500 (75th percentile) with top earners (90th percentile) making $58,000 annually across the United States. The average pay range for a Retail Store Manager varies greatly (by as much as $14,500), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience.
Based on recent job posting activity on the Retail Store Manager job market in both Lagos, NG and throughout the entire state of is not very active as few companies are currently hiring. A Retail Store Manager in your area makes on average $42,827 per year, or $12 (0%) less than the national average annual salary of $42,839. ranks number 1 out of 50 states nationwide for Retail Store Manager salaries.
What are Top 10 Highest Paying Cities for Retail Store Manager Jobs
We’ve identified 10 cities where the typical salary for a Retail Store Manager job is above the national average. Topping the list is San Francisco, CA, with Fremont, CA and San Jose, CA close behind in the second and third positions. San Jose, CA beats the national average by $6,067 (14.2%), and San Francisco, CA furthers that trend with another $9,054 (21.1%) above the $42,839 average.
With these 10 cities having average salaries higher than the national average, the opportunities for economic advancement by changing locations as a Retail Store Manager appears to be exceedingly fruitful.
Finally, another factor to consider is the average salary for these top ten cities varies very little at 9% between San Francisco, CA and Barnstable Town, MA, reinforcing the limited potential for much wage advancement. The possibility of a lower cost of living may be the best factor to use when considering location and salary for a Retail Store Manager role.
| City | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| San Francisco, CA | $51,894 | $4,324 | $998 | $24.95 |
| Fremont, CA | $50,601 | $4,217 | $973 | $24.33 |
| San Jose, CA | $48,907 | $4,076 | $941 | $23.51 |
| Oakland, CA | $48,422 | $4,035 | $931 | $23.28 |
| Jackson, WY | $48,289 | $4,024 | $929 | $23.22 |
| Sunnyvale, CA | $47,548 | $3,962 | $914 | $22.86 |
| Hayward, CA | $47,498 | $3,958 | $913 | $22.84 |
| Seattle, WA | $47,251 | $3,938 | $909 | $22.72 |
| Vallejo, CA | $47,129 | $3,927 | $906 | $22.66 |
| Barnstable Town, MA | $47,107 | $3,926 | $906 | $22.65 |
What are Top 5 Best Paying Related Retail Store Manager Jobs in the U.S.
We found at least five jobs related to the Retail Store Manager job category that pay more per year than a typical Retail Store Manager salary. Top examples of these roles include: Senior Storekeeper, Director Store Development, and Director Retail Stores.
Importantly, all of these jobs are paid between $30,238 (70.6%) and $33,955 (79.3%) more than the average Retail Store Manager salary of $42,839. If you’re qualified, getting hired for one of these related Retail Store Manager jobs may help you make more money than that of the average Retail Store Manager position.
| Job Title | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| Senior Storekeeper | $76,794 | $6,400 | $1,477 | $36.92 |
| Director Store Development | $75,955 | $6,330 | $1,461 | $36.52 |
| Director Retail Stores | $75,755 | $6,313 | $1,457 | $36.42 |
| Store Managers | $75,473 | $6,289 | $1,451 | $36.29 |
| NPS Store | $73,077 | $6,090 | $1,405 | $35.13 |
Retail store managers earn anywhere from $20,000 to $100,000 per year.
The salary you’re paid as a retail store manager depends on where you work and what kind of experience you have. Retail store managers who have many years of experience and hold a bachelor’s degree may earn up to $100,000 per year. Those with less education or less time in the field may earn closer to $50,000 per year.
Some factors that influence salaries for retail store managers include:
- The region where the job is located (for example, retail workers in large cities tend to be paid more than those who work in rural areas).
- The size of the company (larger companies generally pay higher salaries than small ones).
- The number of years worked at the same location (the longer an employee stays with one company, the more likely they are to receive higher wages).
Conclusion
If you’re looking to get into retail management, the good news is that it looks like there’s plenty of opportunity. While most large retail chains are doing well, the market for specialty stores is still healthy. Assuming that the industry continues along this course, now seems like a great time to enter into a career as a retail store manager.
