The median annual income for full-time female entrepreneurs is $40,000, slightly lower than the median annual income among all full-time female workers of $43,000.
While full-time female entrepreneurs—defined here as self-employed workers in their own incorporated or unincorporated businesses—earn about the same as full-time female employees at private companies, they earn less than those working for nonprofits, state and local government, and the federal government.
Self-employed women working in accommodations, food services, finance, insurance, and real estate enjoy the highest income premiums—defined as the percentage difference in the median income of full-time female entrepreneurs and all full-time female workers.
The researchers adjusted median incomes for full-time female entrepreneurs up or down based on each location’s relative cost of living.
Here is a summary of the data for Texas:
• Median income for full-time female entrepreneurs (adjusted): $37,526
• Median income for full-time female entrepreneurs (actual): $36,400
• Median income for all full-time female workers (actual): $40,000
• Percentage of female workers that are entrepreneurs: 7.7%
For reference, here are the statistics for the entire United States:
• Median income for full-time female entrepreneurs (adjusted): N/A
• Median income for full-time female entrepreneurs (actual): $40,000
• Median income for all full-time female workers (actual): $43,000
• Percentage of female workers that are entrepreneurs: 7.7%
For more information, a detailed methodology, and complete results for all metros and states, the original report is on Volusion’s website:
