The average salary for a daycare owner is $29,000 per year. A single daycare center can be worth around $200,000 so with a 7-8 year return it will pay off very quickly. Keep in mind this figure is pre-tax income.
The average salary for a daycare owner is $36,000.
Average salary for daycare owner
Daycare owners make an average of $$44,115 per year. The average is affected by a number of factors like the location of the daycare, owner education and experience level. Find out how much you could be earning on the other side, plus explore some locations in which the pay is above average.
What is the average salary of a daycare owner?
The average salary of a daycare owner is $44,115 per year or $21.18 per hour. The median wage—the middle value in a set of data—for daycare owners is $38,400 per year or $19.39 per hour.
The best way to increase your earnings as a daycare owner is to earn additional certifications and licenses for your business. The more education you have, the higher your earning potential will be as well!
Average daycare owner salary by state.
- Average hourly wage for daycare owner in the United States: $11.32 or $23,976 per year
- Average annual income for daycare owners in each state:
Alabama – $27,835
Arkansas – $10,000 (that’s not a typo)
Arizona – 10-20% over minimum wage depends on the job. You’d have to look it up individually. I assume it’s easy to find this information online if you want to do some research on your own time.
Highest-paying locations for daycare owners.
- The highest-paying states for daycare owners are:
- California: $50,000 (average salary of daycare owners)
- Florida: $47,000 (average salary of daycare owners)
- New York: $45,000 (average salary of daycare owners)
- Texas: $40,000 (average salary of daycare owners)
- Illinois: $37,000 (average salary of daycare owners)
- Massachusetts and Maryland both have an average annual wage of around $36k. Only Hawaii is lower at around $34k.
Other factors that impact daycare owner salaries.
Location is a factor that affects daycare owner salaries. For example, in New York City, the average annual salary is $90,000 while in rural Wyoming it’s closer to $30,000.
A few other factors that affect daycare owner pay are:
Number of employees – The more employees you have working for you at one time, the higher your salary will be because there are more workers contributing to your bottom line.
Hours worked – If your business has a high turnover rate and staff members don’t stay with you long-term or don’t work full-time hours (40 per week), then this can be harmful to your bottom line as well because even though they’re receiving a paycheck from their employer (you), they may not actually be doing any work that earns revenue for them or their employer (i.e., since they aren’t putting in 40 hours each week).
Type of daycare – Type A Daycares are those which provide care for infants and toddlers under age six; however Type B Daycares typically serve children aged six months through five years old (although some will serve younger children if necessary). Type C Daycares are generally afterschool programs that operate until 6 p.m.; many preschools also operate as Type Cs since kindergarten begins at 5:30 p..
As a daycare owner, you can expect to earn an average of $$44,115 per year, or $$21.18 per hour, which is 117% percent less than the national average for all working Americans.
As a daycare owner, you can expect to earn an average of $$44,115 per year, or $$21.18 per hour, which is 117% percent less than the national average for all working Americans. The salary range for child care providers varies based on location, education and experience level; however, most child care workers make between $10 and $17 per hour. Daycare center owners earn more than their staff members because they often run multiple centers and are responsible for overseeing operations at each location as well as managing employees’ schedules and budgets.
While it may seem like a lot of money for some people considering how little time most parents spend at work compared to everyone else (and especially teachers), remember that many of us have college loans coming due soon after graduation—and some even before then! Not too mention we still have rent/mortgage payments plus credit card bills too!
Conclusion
There are a lot of factors that can affect daycare owner salaries, and with enough experience, it’s possible to influence these variables to earn a higher salary. What can you do to maximize your earnings? First of all, we recommend finding out if there are any graduate degrees in Early Childhood Education that you could pursue. Also, look into the benefits offered by your employer; good benefits packages can often add thousands of dollars onto your bottom line each year. Finally, it may be time to move on if you’ve been at the same job for more than a few years; new opportunities are waiting outside the door!
