Any aspiring entrepreneurs out there should examine Ooma’s new infographic showing average salaries by state. This graphic reveals that small business owners earn more than the national wage average. We can see from the map, though, that geography does impact potential earnings.
Washington state leads the way with huge potential for entrepreneurial earnings: $144,941 on average, which is about $50,000 more annually than any other state. The team attributed these high earnings to Washington’s booming tech industry, with talent breaking off from mega-companies like Microsoft and Amazon to start their own businesses in a state with beneficial small business tax policies.
This map is the perfect way for future entrepreneurs to judge which state has the most business-friendly environment and opportunities for their plans.